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Qorvo QRVO ACG — Cost of goods sold

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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$8.4B+7.7%
Enterprise value$8.62B+5.4%
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:CostOfGoodsAndServicesSold.

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
General and administrative4,7656,430
Segment operating income (loss)2,994(7,533)
ACG
Cost of goods sold241,450344,882
Research and development95,69494,507
Marketing and selling13,69114,357
General and administrative17,18219,550
Segment operating income108,55297,934

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Qorvo's ACG — cost of goods sold?
Qorvo (QRVO) reported ACG — cost of goods sold of $241.45M in Q2 2026.
How has Qorvo's ACG — cost of goods sold changed year-over-year?
Qorvo's ACG — cost of goods sold decreased by 30.0% year-over-year, from $344.88M to $241.45M.
What is the long-term trend for Qorvo's ACG — cost of goods sold?
Over 3 years (2023 to 2026), Qorvo's ACG — cost of goods sold has grown at a 2.5% compound annual growth rate (CAGR), from $1.27B to $1.36B.
What does ACG — cost of goods sold mean?
The direct costs attributable to the production of goods sold by the ACG segment, including raw materials, direct labor, and manufacturing overhead. This metric is essential for calculating the gross margin of the segment's specific product lines.

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