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Qorvo QRVO Net Income

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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%
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:NetIncomeLoss.

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 income?
Qorvo (QRVO) reported net income of $29.73M in Q1 2026.
How has Qorvo's net income changed year-over-year?
Qorvo's net income decreased by 5.2% year-over-year, from $31.37M to $29.73M.
What is the long-term trend for Qorvo's net income?
Over 3 years (2022 to 2026), Qorvo's net income has grown at a -31.0% compound annual growth rate (CAGR), from $1.03B to $338.99M.
What does net income mean?
The final profit remaining after all expenses and taxes are paid.
How do you interpret net income?
Higher net income indicates strong overall financial performance and value creation for shareholders.
How does net income compare across companies?
The primary metric for evaluating bottom-line performance against industry competitors.