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Qorvo QRVO Gross Profit

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Other financials

Income statement

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Revenue$784.8M-4.2%
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

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Market cap$8.4B+7.7%
Enterprise value$8.62B+5.4%
P/E20.3×-76.2×
P/S2.3×+0.2×

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×

Where this comes from

Calculated from Qorvo’s reported figures.

The source filing: Qorvo’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:13 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-050166
Line itemThree Months Ended / June 27, 2026Three Months Ended / June 28, 2025
Revenue$784,795$818,778
Cost of goods sold383,827486,976
Gross profit400,968331,802
Operating expenses:
Research and development172,427179,244
Marketing and selling48,79256,891
General and administrative41,33750,998
Other operating expense41,64214,583

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Qorvo's gross profit?
Qorvo (QRVO) reported gross profit of $400.97M in Q2 2026.
How has Qorvo's gross profit changed year-over-year?
Qorvo's gross profit increased by 20.8% year-over-year, from $331.8M to $400.97M.
What is the long-term trend for Qorvo's gross profit?
Over 4 years (2022 to 2026), Qorvo's gross profit has grown at a -7.3% compound annual growth rate (CAGR), from $2.29B to $1.69B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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