What is Qorvo's inventories?

Qorvo (QRVO) reported inventories of $553.72M in Q1 2026.

How has Qorvo's inventories changed year-over-year?

Qorvo's inventories decreased by 13.6% year-over-year, from $640.99M to $553.72M.

What is the long-term trend for Qorvo's inventories?

Over 5 years (2021 to 2026), Qorvo's inventories has grown at a 1.7% compound annual growth rate (CAGR), from $507.79M to $553.72M.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Qorvo QRVO Inventories

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Other financials

Income statement

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Revenue$808.3M-7.0%

Gross profit$395.0M+7.8%

Operating income$31.5M+11.7%

Net income$29.7M-5.2%

EPS (diluted)$0.32-3.0%

Balance sheet

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Cash & equivalents$1.2B+19.4%

Total debt$1.6B-0.3%

Total equity$3.3B-1.4%

Total assets$5.8B-1.8%

Cash flow

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Operating cash flow$276.3M+38.7%

CapEx$21.2M-25.5%

Free cash flow$255.0M+49.4%

Valuation

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Market cap$8.66B+6.1%

Enterprise value$9.05B+2.9%

P/E25.6×-121×

P/S2.4×+0.2×

Profitability

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Gross margin45.9%+4.6pp

Operating margin11.2%+8.6pp

Net margin9.2%+7.7pp

FCF margin18.5%+5.4pp

Returns & leverage

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Return on equity10.1%+8.5pp

Debt / equity0.5×0.0×

Current ratio3.2×+0.5×

Where this comes from

Reported directly by Qorvo in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

The official record: Qorvo’s 10-K, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Qorvo's inventories?: Qorvo (QRVO) reported inventories of $553.72M in Q1 2026.
How has Qorvo's inventories changed year-over-year?: Qorvo's inventories decreased by 13.6% year-over-year, from $640.99M to $553.72M.
What is the long-term trend for Qorvo's inventories?: Over 5 years (2021 to 2026), Qorvo's inventories has grown at a 1.7% compound annual growth rate (CAGR), from $507.79M to $553.72M.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.