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Qorvo QRVO Q2 2026 earnings

Reported October 28, 2025 · After market close

Revenue$1.1BBeat by $75.9M
EPS$2.22Beat by $0.19
Revenue estimate$982.6M
EPS estimate$2.03

Next report

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

Financials

Q2 2026

Income statement

See full
Revenue$1.1B+1.1%
Gross profit$497.1M+11.6%
Operating income$157.7M+1,530%
Net income$119.6M+786%
EPS (diluted)$1.28+811%

Balance sheet

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Cash & equivalents$1.1B+0.6%
Total debt$1.5B-34.7%
Total equity$3.5B+2.9%
Total assets$6.1B-6.3%

Cash flow

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Operating cash flow$84.0M-34.3%
CapEx$41.8M+26.6%
Free cash flow$42.2M-55.5%

Valuation & ratios

Valuation

as of 09/27/25
See full
Market cap$8.44B-14.4%
Enterprise value$8.88B-20.2%
P/E38.7×—
P/S2.3×-0.2×

Profitability

See full
Gross margin43.3%+4.1pp
Operating margin7.3%+7.3pp
Net margin5.9%+4.3pp
FCF margin14.6%-5.0pp

Returns & leverage

See full
Return on equity6.3%+4.5pp
Debt / equity0.4×-0.3×
Current ratio3×+1.1×

Segments

By segment

See full
ACG$777.0M+3.4%
HPA$174.6M+17.8%
CSG$106.9M-27.2%

FAQ

When did Qorvo report Q2 2026 earnings?
Qorvo (QRVO) reported Q2 2026 earnings on October 28, 2025 after market close.
What were Qorvo's Q2 2026 revenue and EPS?
Qorvo reported revenue of $1.1B and eps of $2.22 for Q2 2026.
Did Qorvo beat estimates in Q2 2026?
Revenue beat the consensus estimate of $982.6M by $75.9M. EPS beat the consensus estimate of $2.03 by $0.19.
How did Qorvo's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 1.1% from $1.0B a year earlier and eps grew 18.1% from $1.88.
Where can I find Qorvo's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000950103-25-013687) and the 10-Q periodic report (0001628280-25-048253) directly on SEC EDGAR. The filing index links above go to sec.gov.