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Qorvo QRVO Prepaid & Other Current

Prepaid & Other Current at other companies

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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:PrepaidExpenseCurrent.

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
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
Property and equipment, net of accumulated depreciation of $1,799,737 and $1,781,169 as of June 27, 2026 and March 28, 2026, respectively680,308710,392

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Qorvo's prepaid & other current?
Qorvo (QRVO) reported prepaid & other current of $38.86M in Q2 2026.
How has Qorvo's prepaid & other current changed year-over-year?
Qorvo's prepaid & other current increased by 26.3% year-over-year, from $30.76M to $38.86M.
What is the long-term trend for Qorvo's prepaid & other current?
Over 5 years (2021 to 2026), Qorvo's prepaid & other current has grown at a -2.4% compound annual growth rate (CAGR), from $41.57M to $36.72M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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