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Qorvo QRVO Q3 2025 earnings

Reported January 28, 2025 · After market close

Revenue estimate$850.7M
EPS estimate$1.21

Next report

Aug 4, 2026 (in a month)
Revenue estimate$743.2M
EPS estimate$1.10

Financials

Q3 2025

Income statement

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Revenue$916.3M-14.7%
Gross profit$391.4M+0.9%
Operating income$53.0M+228%
Net income$41.3M+133%
EPS (diluted)$0.43+133%

Balance sheet

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Cash & equivalents$769.4M-29.5%
Total debt$1.5B-38.3%
Total equity$3.4B-7.1%
Total assets$6.0B-11.0%

Cash flow

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Operating cash flow$214.1M-56.6%
CapEx$37.8M+43.1%
Free cash flow$176.2M-62.2%

Valuation & ratios

Q3 2025

Valuation

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Market cap$6.61B-39.6%
Enterprise value$7.39B-40.2%
P/E272.6×
P/S1.7×-1.4×

Profitability

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Gross margin40.9%+5.6pp
Operating margin2.6%
Net margin0.6%
FCF margin12.8%-3.6pp

Returns & leverage

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Return on equity0.7%
Debt / equity0.5×-0.2×
Current ratio2.6×+0.7×

Segments

By segment

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ACG$635.1M-24.9%
HPA$171.7M+44.4%
CSG$109.6M+0.6%

By geography

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UNITED STATES$602.7M
CHINA$139.5M
TAIWAN, PROVINCE OF CHINA$69.4M

Versus estimates

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Questions, answered.

When did Qorvo report Q3 2025 earnings?
Qorvo (QRVO) reported Q3 2025 earnings on January 28, 2025 after market close.
What were Qorvo's Q3 2025 revenue and EPS?
Qorvo reported revenue of $916.3M and diluted EPS of $1.61 for Q3 2025.
Did Qorvo beat estimates in Q3 2025?
Revenue beat the consensus estimate of $850.7M by $65.6M. EPS beat the consensus estimate of $1.21 by $0.40.
Where can I find Qorvo's Q3 2025 SEC filings?
You can read the 10-Q periodic report (0001604778-25-000017) directly on SEC EDGAR. The filing index links above go to sec.gov.