Qorvo (QRVO) reported R&D of $170.39M in Q1 2026.

How has Qorvo's R&D changed year-over-year?

Qorvo's R&D decreased by 5.3% year-over-year, from $179.93M to $170.39M.

What is the long-term trend for Qorvo's R&D?

Over 4 years (2022 to 2026), Qorvo's R&D has grown at a 3.9% compound annual growth rate (CAGR), from $623.64M to $726.12M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Qorvo QRVO R&D

R&D at other companies

Broadcom Inc.AVGO

$3B+11.2%

Amkor TechnologyAMKR

$41.76M-8.5%

Analog DevicesADI

$509.32M+15.3%

Keysight TechnologiesKEYS

$320M+28.0%

Applied MaterialsAMAT

$1.03B+15.0%

Astera Labs, Inc.ALAB

——

Segments

By segment

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ACG$92.43M-3.4%

HPA$37.94M+2.2%

CSG$27.11M-17.2%

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

See full

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

See full

Gross margin45.9%+4.6pp

Operating margin11.2%+8.6pp

Net margin9.2%+7.7pp

FCF margin18.5%+5.4pp

Returns & leverage

See full

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 R&D?: Qorvo (QRVO) reported R&D of $170.39M in Q1 2026.
How has Qorvo's R&D changed year-over-year?: Qorvo's R&D decreased by 5.3% year-over-year, from $179.93M to $170.39M.
What is the long-term trend for Qorvo's R&D?: Over 4 years (2022 to 2026), Qorvo's R&D has grown at a 3.9% compound annual growth rate (CAGR), from $623.64M to $726.12M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.