Qorvo, Inc. (QRVO)
NASDAQ: QRVO · Real-Time Price · USD
78.42
+5.23 (7.15%)
At close: May 12, 2025, 4:00 PM
79.00
+0.58 (0.74%)
After-hours: May 12, 2025, 4:48 PM EDT
Qorvo Income Statement
Financials in millions USD. Fiscal year is April - March.
Millions USD. Fiscal year is Apr - Mar.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2016 - 2020 |
|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 29, 2025 | Mar '24 Mar 30, 2024 | Apr '23 Apr 1, 2023 | Apr '22 Apr 2, 2022 | Apr '21 Apr 3, 2021 | 2016 - 2020 |
| Revenue | 3,719 | 3,770 | 3,569 | 4,646 | 4,015 | Upgrade
|
| Revenue Growth (YoY) | -1.34% | 5.61% | -23.17% | 15.70% | 23.96% | Upgrade
|
| Cost of Revenue | 2,183 | 2,257 | 2,226 | 2,356 | 2,132 | Upgrade
|
| Gross Profit | 1,536 | 1,512 | 1,344 | 2,290 | 1,884 | Upgrade
|
| Selling, General & Admin | 403.62 | 389.14 | 358.79 | 349.72 | 367.24 | Upgrade
|
| Research & Development | 747.71 | 682.25 | 649.84 | 623.64 | 570.4 | Upgrade
|
| Other Operating Expenses | 288.73 | 26.03 | 1.94 | 14.35 | 12.01 | Upgrade
|
| Operating Expenses | 1,440 | 1,097 | 1,011 | 987.7 | 949.64 | Upgrade
|
| Operating Income | 95.53 | 414.78 | 332.97 | 1,302 | 933.93 | Upgrade
|
| Interest Expense | -78.33 | -69.25 | -68.46 | -63.33 | -75.2 | Upgrade
|
| Interest & Investment Income | - | 38.3 | 21.1 | 2.7 | - | Upgrade
|
| Earnings From Equity Investments | - | -1.2 | -4.2 | 12 | 21.5 | Upgrade
|
| Currency Exchange Gain (Loss) | - | 0.4 | -0.6 | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | 48.7 | 11.8 | 1.42 | 3.64 | -45.55 | Upgrade
|
| EBT Excluding Unusual Items | 65.9 | 394.84 | 282.23 | 1,257 | 834.68 | Upgrade
|
| Merger & Restructuring Charges | - | -101.67 | -137.39 | -28 | -27.3 | Upgrade
|
| Impairment of Goodwill | - | -221.41 | -12.41 | -48 | - | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | -7.8 | - | - | Upgrade
|
| Other Unusual Items | - | 1.8 | - | - | - | Upgrade
|
| Pretax Income | 65.9 | 73.56 | 124.63 | 1,181 | 807.38 | Upgrade
|
| Income Tax Expense | 10.28 | 143.88 | 21.48 | 147.73 | 73.77 | Upgrade
|
| Net Income | 55.62 | -70.32 | 103.15 | 1,033 | 733.61 | Upgrade
|
| Net Income to Common | 55.62 | -70.32 | 103.15 | 1,033 | 733.61 | Upgrade
|
| Net Income Growth | - | - | -90.02% | 40.86% | 119.43% | Upgrade
|
| Shares Outstanding (Basic) | 95 | 98 | 102 | 110 | 114 | Upgrade
|
| Shares Outstanding (Diluted) | 95 | 98 | 103 | 112 | 116 | Upgrade
|
| Shares Change (YoY) | -2.16% | -5.30% | -7.64% | -3.85% | -2.75% | Upgrade
|
| EPS (Basic) | 0.59 | -0.72 | 1.01 | 9.38 | 6.43 | Upgrade
|
| EPS (Diluted) | 0.58 | -0.72 | 1.00 | 9.26 | 6.32 | Upgrade
|
| EPS Growth | - | - | -89.20% | 46.52% | 125.71% | Upgrade
|
| Free Cash Flow | - | 705.96 | 684.28 | 835.78 | 1,115 | Upgrade
|
| Free Cash Flow Per Share | - | 7.24 | 6.64 | 7.49 | 9.61 | Upgrade
|
| Gross Margin | 41.29% | 40.12% | 37.64% | 49.29% | 46.91% | Upgrade
|
| Operating Margin | 2.57% | 11.00% | 9.33% | 28.03% | 23.26% | Upgrade
|
| Profit Margin | 1.49% | -1.87% | 2.89% | 22.24% | 18.27% | Upgrade
|
| Free Cash Flow Margin | - | 18.73% | 19.17% | 17.99% | 27.77% | Upgrade
|
| EBITDA | 396.94 | 735.71 | 671.82 | 1,663 | 1,390 | Upgrade
|
| EBITDA Margin | 10.67% | 19.52% | 18.82% | 35.81% | 34.62% | Upgrade
|
| D&A For EBITDA | 301.41 | 320.93 | 338.85 | 361.42 | 456.1 | Upgrade
|
| EBIT | 95.53 | 414.78 | 332.97 | 1,302 | 933.93 | Upgrade
|
| EBIT Margin | 2.57% | 11.00% | 9.33% | 28.03% | 23.26% | Upgrade
|
| Effective Tax Rate | 15.61% | 195.60% | 17.23% | 12.51% | 9.14% | Upgrade
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Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.