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Qorvo QRVO Inventories

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Other financials

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

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Market cap$8.41B+7.8%
Enterprise value$8.63B+5.5%
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

Reported directly by Qorvo in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

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 itemJune 27, 2026March 28, 2026
Current assets:
Cash and cash equivalents$1,328,943$1,219,015
Accounts receivable, net of allowance of $250 and $301 as of June 27, 2026 and March 28, 2026, respectively379,545382,509
Inventories592,492553,718
Prepaid expenses38,85736,724
Other receivables16,38416,172
Other current assets80,50198,176
Total current assets2,436,7222,306,314

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Qorvo's inventories?
Qorvo (QRVO) reported inventories of $592.49M in Q2 2026.
How has Qorvo's inventories changed year-over-year?
Qorvo's inventories decreased by 7.1% year-over-year, from $637.96M to $592.49M.
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.

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