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Qorvo

QRVO

Qorvo is a global leader in the development and commercialization of advanced semiconductor technologies for wireless, wired, and power markets.

Market cap
$10.42B+28.2%
Revenue$3.6B-0.2%
Net income$413.9M+412%
Free cash flow$649.5M+10.6%
EPS (diluted)$4.31+407%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$919.0M
EPS estimate$2.09

Financials

Q1 2027

Income statement

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Revenue$784.8M-4.2%
Gross profit$401.0M+20.8%
Operating income$96.8M+222%
Net income$100.5M+293%
EPS (diluted)$0.96+256%

Balance sheet

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Cash & equivalents$1.3B+14.0%
Total debt$1.5B0.0%
Total equity$3.5B+1.0%
Total assets$5.9B-1.0%

Cash flow

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Operating cash flow$139.5M-23.8%
CapEx$24.1M-35.7%
Free cash flow$115.3M-20.7%

Valuation & ratios

Valuation

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Market cap$10.42B+28.2%
Enterprise value$10.64B+26.0%
P/E25.2×-74.5×
P/S2.9×+0.7×

Profitability

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Gross margin48.2%+6.2pp
Operating margin13.1%+9.8pp
Net margin11.4%+9.1pp
FCF margin17.8%+1.7pp

Returns & leverage

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Return on equity12%+9.6pp
Debt / equity0.4×0.0×
Current ratio3.5×+0.7×

Segments

By segment

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ACG$476.6M-16.6%
HPA$206.4M+50.2%
CSG$101.9M-7.5%

By geography

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UNITED STATES$509.0M
TAIWAN, PROVINCE OF CHINA$92.5M
CHINA$77.0M

Competitors

Profile

Qorvo is a global leader in the development and commercialization of advanced semiconductor technologies for wireless, wired, and power markets. The company provides radio frequency (RF), analog mixed-signal, and power management solutions designed to optimize performance and connectivity across diverse applications. Its core value proposition lies in enabling high-speed data transmission and efficient power usage for the Internet of Things (IoT), cellular communications, and high-performance analog sectors.

Competitive position

Qorvo is a dominant player in the RF front-end market and a leader in the transition to 5G and IoT connectivity standards.

GeographiesGlobal
Customer segmentsMobile Device OEMs, Infrastructure Operators, IoT Device Manufacturers
Business modelHardware Design and Manufacturing, Fabless/Asset-light Semiconductor Production
SuppliersSemiconductor foundries, Raw material suppliers (Gallium Nitride, Silicon), EDA software providers
CustomersMobile handset manufacturers, Network infrastructure providers, Automotive OEMs, Consumer electronics retailers
Listed2015
Employees8.5K
CEORobert A. Bruggeworth
Websiteqorvo.com
FilingsSEC EDGAR

FAQ

What is Qorvo's market cap?
Qorvo (QRVO) has a market capitalization of $10.4B and trades on NASDAQ.
What is Qorvo's revenue and profitability?
Qorvo generated $3.6B in trailing twelve-month revenue with net income of $413.9M, representing a net margin of 11.4%. Gross margin stands at 48.2%, with free cash flow of $649.5M. The latest reported period is Q1 2027.
Who are Qorvo's competitors?
Qorvo's key competitors include Skyworks Solutions, Inc., Qualcomm Incorporated, Broadcom Inc., and others. These companies compete in similar markets and product categories.
Who does Qorvo partner with?
Qorvo's notable partners include Skyworks Solutions, Inc..
Where is Qorvo headquartered?
Qorvo is headquartered in United States of America and employs approximately 8,500 people. It has been publicly traded since 2015.