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Qorvo QRVO Other income, net (Note 6)

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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:OtherNonoperatingIncomeExpense.

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
Total operating expenses304,198301,716
Operating income96,77030,086
Interest expense(15,852)(18,787)
Other income, net19,60820,386
Income before income taxes100,52631,685
Income tax expense(14,724)(6,091)
Net income$85,802$25,594
Net income per share:

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Qorvo's other income, net (note 6)?
Qorvo (QRVO) reported other income, net (note 6) of $19.61M in Q2 2026.
How has Qorvo's other income, net (note 6) changed year-over-year?
Qorvo's other income, net (note 6) decreased by 3.8% year-over-year, from $20.39M to $19.61M.
What is the long-term trend for Qorvo's other income, net (note 6)?
Over 3 years (2023 to 2026), Qorvo's other income, net (note 6) has grown at a 82.2% compound annual growth rate (CAGR), from $9.92M to $59.98M.
What does other income, net (note 6) mean?
This captures miscellaneous financial items that fall outside the scope of core operating activities, such as foreign exchange gains or losses, minor investment income, or non-recurring legal settlements. It serves as a catch-all for peripheral financial events that do not stem from the primary business operations. Investors monitor this to isolate core earnings from transient or incidental financial fluctuations.

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