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Qorvo QRVO HPA — 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
Total revenue$784,795$818,778
Segment expenses:
HPA
Cost of goods sold$71,269$53,974
Research and development39,83937,868
Marketing and selling17,79116,861
General and administrative7,4997,110
Segment operating income69,95921,582

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Qorvo's HPA — cost of goods sold?
Qorvo (QRVO) reported HPA — cost of goods sold of $71.27M in Q2 2026.
How has Qorvo's HPA — cost of goods sold changed year-over-year?
Qorvo's HPA — cost of goods sold increased by 32.0% year-over-year, from $53.97M to $71.27M.
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.

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