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Qorvo QRVO ACG — Research and Development Expense

Other segment segments

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$37.94M+2.2%
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$27.11M-17.2%

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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

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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:ResearchAndDevelopmentExpense.

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 ACG — research and development expense?
Qorvo (QRVO) reported ACG — research and development expense of $92.43M in Q1 2026.
How has Qorvo's ACG — research and development expense changed year-over-year?
Qorvo's ACG — research and development expense decreased by 3.4% year-over-year, from $95.69M to $92.43M.
What is the long-term trend for Qorvo's ACG — research and development expense?
Over 3 years (2023 to 2026), Qorvo's ACG — research and development expense has grown at a 4.1% compound annual growth rate (CAGR), from $346.29M to $390.6M.
What does ACG — research and development expense mean?
Costs incurred by the ACG segment for the discovery, design, and development of new technologies, filters, and semiconductor modules. This reflects the segment's commitment to innovation and maintaining a competitive edge in the RF market.