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Qorvo QRVO HPA — Research and Development Expense

Other segment segments

ACG
$92.43M-3.4%
CSG
$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 HPA — research and development expense?
Qorvo (QRVO) reported HPA — research and development expense of $37.94M in Q1 2026.
How has Qorvo's HPA — research and development expense changed year-over-year?
Qorvo's HPA — research and development expense increased by 2.2% year-over-year, from $37.12M to $37.94M.
What is the long-term trend for Qorvo's HPA — research and development expense?
Over 3 years (2023 to 2026), Qorvo's HPA — research and development expense has grown at a 6.3% compound annual growth rate (CAGR), from $125.61M to $150.96M.
What does HPA — research and development expense mean?
Costs incurred by the HPA segment to discover, design, and develop new technologies and products. This investment is critical for maintaining a competitive edge in radio frequency and infrastructure markets.