What is Qorvo's net debt?

Qorvo (QRVO) reported net debt of $387.22M in Q1 2026.

How has Qorvo's net debt changed year-over-year?

Qorvo's net debt decreased by 34.4% year-over-year, from $589.88M to $387.22M.

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

Over 5 years (2021 to 2026), Qorvo's net debt has grown at a -1.5% compound annual growth rate (CAGR), from $417.57M to $387.22M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Qorvo QRVO Net debt

Discontinued — last reported Q4 '26

Net debt at other companies

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LAD

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0.4×0.0×

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4.1×+0.4×

Pilgrim's Pride CorporationPPC

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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

See full

Return on equity10.1%+8.5pp

Debt / equity0.5×0.0×

Current ratio3.2×+0.5×

Where this comes from

Calculated from Qorvo’s reported figures.

$1.6Btotal debt−$1.2Bcash and equivalents=$387.22M

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 net debt?: Qorvo (QRVO) reported net debt of $387.22M in Q1 2026.
How has Qorvo's net debt changed year-over-year?: Qorvo's net debt decreased by 34.4% year-over-year, from $589.88M to $387.22M.
What is the long-term trend for Qorvo's net debt?: Over 5 years (2021 to 2026), Qorvo's net debt has grown at a -1.5% compound annual growth rate (CAGR), from $417.57M to $387.22M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.