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Qorvo QRVO HPA — Cost of goods sold

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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:CostOfGoodsAndServicesSold.

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 HPA — cost of goods sold?
Qorvo (QRVO) reported HPA — cost of goods sold of $72.36M in Q1 2026.
How has Qorvo's HPA — cost of goods sold changed year-over-year?
Qorvo's HPA — cost of goods sold increased by 1.9% year-over-year, from $70.99M to $72.36M.
What is the long-term trend for Qorvo's HPA — cost of goods sold?
Over 3 years (2023 to 2026), Qorvo's HPA — cost of goods sold has grown at a -6.0% compound annual growth rate (CAGR), from $328.35M to $272.53M.
What does HPA — cost of goods sold mean?
The direct costs attributable to the production of goods sold by the HPA segment, including raw materials, direct labor, and manufacturing overhead. This metric is essential for calculating the gross margin of the segment's product lines.