Qorvo Financial Statements From 2010 to 2026

QRVO Stock  USD 78.80  1.02  1.28%   
Qorvo's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Qorvo's valuation are provided below:
Gross Profit
1.7 B
Profit Margin
0.0911
Market Capitalization
7.4 B
Enterprise Value Revenue
1.998
Revenue
3.7 B
We have found ninety-nine available trending fundamental ratios for Qorvo Inc, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Qorvo's recent fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 4th of February 2026, Enterprise Value is likely to grow to about 10.5 B

Qorvo Total Revenue

4.49 Billion

Check Qorvo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Qorvo's main balance sheet or income statement drivers, such as Interest Expense of 94.6 M, Selling General Administrative of 264.2 M or Total Revenue of 4.5 B, as well as many indicators such as Price To Sales Ratio of 4.86, Dividend Yield of 0.0 or PTB Ratio of 1.99. Qorvo financial statements analysis is a perfect complement when working with Qorvo Valuation or Volatility modules.
  
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Check out the analysis of Qorvo Correlation against competitors.

Qorvo Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.7 B6.8 B5.1 B
Slightly volatile
Other Current Liabilities630.9 M600.9 M243.1 M
Slightly volatile
Total Current Liabilities945.7 M900.7 M522.8 M
Slightly volatile
Total Stockholder Equity2.5 B3.9 B3.4 B
Slightly volatile
Accounts Payable314.8 M299.8 M209.7 M
Slightly volatile
Cash1.2 B1.2 B688.1 M
Slightly volatile
Other Assets233.5 M222.4 M116.8 M
Slightly volatile
Inventory774 M737.1 M475.6 M
Slightly volatile
Other Current Assets72.9 M123.5 M99.9 M
Slightly volatile
Total Liabilities3.1 B2.9 B1.8 B
Slightly volatile
Intangible Assets545.7 M314.5 M676 M
Very volatile
Common Stock2.6 B3.9 B3.6 B
Slightly volatile
Property Plant Equipment688.2 M1.3 B943.9 M
Slightly volatile
Other Liabilities223.7 M213.1 M137.2 M
Slightly volatile
Good Will2.9 B2.7 B1.9 B
Slightly volatile
Short and Long Term Debt Total1.4 B1.8 B1.1 B
Slightly volatile
Property Plant And Equipment Net1.1 B922.2 M909.5 M
Slightly volatile
Non Current Assets Total4.4 B4.3 B3.6 B
Slightly volatile
Cash And Short Term Investments821.5 M1.2 B709.6 M
Slightly volatile
Net Receivables392.5 M457.4 M339.8 M
Slightly volatile
Common Stock Shares Outstanding118.6 M109.8 M104 M
Slightly volatile
Liabilities And Stockholders Equity6.3 B6.8 B5.3 B
Slightly volatile
Non Current Liabilities Total1.4 BB1.2 B
Slightly volatile
Total Current Assets1.9 B2.5 B1.6 B
Slightly volatile
Net Tangible Assets967 M543.9 M962.3 M
Very volatile
Common Stock Total Equity3.6 B3.4 B3.7 B
Slightly volatile
Deferred Long Term Liabilities284.7 K299.7 K39 M
Slightly volatile
Long Term Investments35.5 M26.9 M27.1 M
Slightly volatile
Property Plant And Equipment Gross1.8 BB1.5 B
Slightly volatile
Short and Long Term Debt349.9 M394.9 M349.4 M
Very volatile
Short Term Debt14.2 M14.9 M229.3 M
Slightly volatile
Non Current Liabilities Other164 M239.7 M139.9 M
Slightly volatile
Long Term Debt Total1.6 B2.4 B1.4 B
Slightly volatile
Net Invested Capital3.3 B4.4 B4.8 B
Slightly volatile
Net Working Capital1.6 B1.6 B1.4 B
Pretty Stable
Capital Stock3.2 B3.1 B4.2 B
Slightly volatile

Qorvo Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative264.2 M197.5 M251.2 M
Pretty Stable
Total Revenue4.5 B4.3 B2.8 B
Slightly volatile
Gross Profit1.9 B1.8 B1.2 B
Slightly volatile
Research Development902.9 M859.9 M479.7 M
Slightly volatile
Cost Of Revenue2.6 B2.5 B1.7 B
Slightly volatile
Depreciation And Amortization453.9 M341.4 M370.8 M
Slightly volatile
Selling And Marketing Expenses218.2 M266.7 M192.6 M
Slightly volatile
Other Operating ExpensesB4.2 B2.6 B
Slightly volatile
EBITDA751.2 M507.2 M602.5 M
Slightly volatile
Total Operating ExpensesB1.7 B919.5 M
Slightly volatile
Interest IncomeM6.2 M12.4 M
Slightly volatile
Reconciled Depreciation362 M267.2 M544.1 M
Slightly volatile

Qorvo Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures152.5 M158.2 M182.7 M
Very volatile
Total Cash From Operating Activities445.5 M715.5 M619.8 M
Slightly volatile
End Period Cash Flow729.5 M1.2 B666.1 M
Slightly volatile
Stock Based Compensation93.5 M156.8 M83.4 M
Slightly volatile
Free Cash Flow557.6 M557.3 M455.2 M
Slightly volatile
Begin Period Cash Flow699.2 M1.2 B614.1 M
Slightly volatile
Depreciation453.9 M341.4 M370.8 M
Slightly volatile
Issuance Of Capital Stock31.7 M32.2 M39.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.862.95022.8974
Very volatile
PTB Ratio1.992.09122.5087
Slightly volatile
Days Sales Outstanding53.7447.256736.4211
Slightly volatile
Book Value Per Share26.1935.007937.02
Slightly volatile
Free Cash Flow Yield0.03830.06470.0649
Slightly volatile
Operating Cash Flow Per Share4.926.50727.7551
Slightly volatile
Stock Based Compensation To Revenue0.03280.02320.0302
Pretty Stable
Capex To Depreciation0.610.33320.4687
Very volatile
PB Ratio1.992.09122.5087
Slightly volatile
EV To Sales4.983.01823.1907
Very volatile
Free Cash Flow Per Share3.584.73316.2115
Slightly volatile
ROIC0.04120.04030.0255
Slightly volatile
Inventory Turnover4.153.70293.0442
Slightly volatile
Net Income Per Share1.291.0690.9797
Pretty Stable
Days Of Inventory On Hand80.1198.5702121
Slightly volatile
Payables Turnover6.358.12310.0843
Slightly volatile
Sales General And Administrative To Revenue0.05650.04350.043
Slightly volatile
Research And Ddevelopement To Revenue0.130.14580.1791
Slightly volatile
Capex To Revenue0.07950.07150.0473
Slightly volatile
Cash Per Share5.25.70967.963
Very volatile
POCF Ratio10.6911.250711.9837
Slightly volatile
Interest Coverage4.684.92382.7543
Pretty Stable
Capex To Operating Cash Flow0.40.27260.2097
Slightly volatile
PFCF Ratio14.6915.467815.017
Slightly volatile
Days Payables Outstanding52.444.934436.7317
Slightly volatile
Income Quality6.396.08728.3014
Very volatile
ROE0.02870.03050.0256
Pretty Stable
EV To Operating Cash Flow10.9311.509813.2371
Slightly volatile
PE Ratio71.9168.485599.5235
Pretty Stable
Return On Tangible Assets0.03760.04130.0299
Very volatile
EV To Free Cash Flow15.0315.82416.5715
Slightly volatile
Earnings Yield0.01070.01460.0101
Pretty Stable
Intangibles To Total Assets0.370.44460.4777
Slightly volatile
Net Debt To EBITDA0.440.26291.9643
Slightly volatile
Current Ratio3.743.86773.566
Slightly volatile
Tangible Book Value Per Share14.9914.27397.1495
Slightly volatile
Receivables Turnover6.237.723810.1658
Slightly volatile
Graham Number33.5729.017528.7626
Pretty Stable
Shareholders Equity Per Share26.1935.007937.02
Slightly volatile
Debt To Equity0.260.21130.4828
Slightly volatile
Capex Per Share1.341.77411.5436
Pretty Stable
Revenue Per Share20.5424.815133.9999
Slightly volatile
Interest Debt Per Share8.657.748718.8272
Slightly volatile
Debt To Assets0.160.15860.2835
Slightly volatile
Enterprise Value Over EBITDA11.0911.675619.9896
Slightly volatile
Short Term Coverage Ratios12.2 K11.6 K4.1 K
Slightly volatile
Price Earnings Ratio71.9168.485599.5235
Pretty Stable
Operating Cycle119146157
Slightly volatile
Price Book Value Ratio1.992.09122.5087
Slightly volatile
Days Of Payables Outstanding52.444.934436.7317
Slightly volatile
Price To Operating Cash Flows Ratio10.6911.250711.9837
Slightly volatile
Price To Free Cash Flows Ratio14.6915.467815.017
Slightly volatile
Pretax Profit Margin0.04660.02970.0333
Pretty Stable
Ebt Per Ebit0.760.4240.6711
Pretty Stable
Operating Profit Margin0.04250.070.0489
Slightly volatile
Company Equity Multiplier1.181.33221.6647
Slightly volatile
Long Term Debt To Capitalization0.190.17440.3215
Slightly volatile
Total Debt To Capitalization0.180.17440.3209
Slightly volatile
Return On Capital Employed0.0270.04030.029
Pretty Stable
Debt Equity Ratio0.260.21130.4828
Slightly volatile
Ebit Per Revenue0.04250.070.0489
Slightly volatile
Quick Ratio2.672.69292.2416
Pretty Stable
Dividend Paid And Capex Coverage Ratio3.043.66794.9833
Slightly volatile
Net Income Per E B T1.361.45030.8975
Slightly volatile
Cash Ratio1.041.63231.4234
Slightly volatile
Cash Conversion Cycle81.08101121
Slightly volatile
Operating Cash Flow Sales Ratio0.180.26220.2263
Slightly volatile
Days Of Inventory Outstanding80.1198.5702121
Slightly volatile
Days Of Sales Outstanding53.7447.256736.4211
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.510.72740.785
Slightly volatile
Cash Flow Coverage Ratios0.790.87990.4603
Slightly volatile
Price To Book Ratio1.992.09122.5087
Slightly volatile
Fixed Asset Turnover2.672.26153.2096
Pretty Stable
Capital Expenditure Coverage Ratio3.043.66794.9833
Slightly volatile
Price Cash Flow Ratio10.6911.250711.9837
Slightly volatile
Enterprise Value Multiple11.0911.675619.9896
Slightly volatile
Debt Ratio0.160.15860.2835
Slightly volatile
Cash Flow To Debt Ratio0.790.87990.4603
Slightly volatile
Price Sales Ratio4.862.95022.8974
Very volatile
Return On Assets0.01840.02290.0153
Very volatile
Asset Turnover0.660.53210.5518
Slightly volatile
Net Profit Margin0.0380.04310.0286
Very volatile
Gross Profit Margin0.320.38670.368
Pretty Stable
Price Fair Value1.992.09122.5087
Slightly volatile
Return On Equity0.02870.03050.0256
Pretty Stable

Qorvo Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap10.3 B8.2 B8.2 B
Slightly volatile
Enterprise Value10.5 B8.9 B8.6 B
Slightly volatile

Qorvo Fundamental Market Drivers

Forward Price Earnings11.5875
Cash And Short Term InvestmentsB

Qorvo Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

About Qorvo Financial Statements

Qorvo investors utilize fundamental indicators, such as revenue or net income, to predict how Qorvo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue53.9 M61.2 M
Total Revenue4.3 B4.5 B
Cost Of Revenue2.5 B2.6 B
Stock Based Compensation To Revenue 0.02  0.03 
Sales General And Administrative To Revenue 0.04  0.06 
Research And Ddevelopement To Revenue 0.15  0.13 
Capex To Revenue 0.07  0.08 
Revenue Per Share 24.82  20.54 
Ebit Per Revenue 0.07  0.04 

Pair Trading with Qorvo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Qorvo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Qorvo will appreciate offsetting losses from the drop in the long position's value.

Moving together with Qorvo Stock

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Moving against Qorvo Stock

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The ability to find closely correlated positions to Qorvo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qorvo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Qorvo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Qorvo Inc to buy it.
The correlation of Qorvo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Qorvo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qorvo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Qorvo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Qorvo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qorvo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qorvo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qorvo Inc Stock:
Check out the analysis of Qorvo Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could Qorvo diversify its offerings? Factors like these will boost the valuation of Qorvo. Anticipated expansion of Qorvo directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Qorvo data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
3.07
Earnings Share
3.63
Revenue Per Share
40.212
Quarterly Revenue Growth
0.084
Return On Assets
0.0514
Understanding Qorvo Inc requires distinguishing between market price and book value, where the latter reflects Qorvo's accounting equity. The concept of intrinsic value - what Qorvo's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Qorvo's price substantially above or below its fundamental value.
It's important to distinguish between Qorvo's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Qorvo should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Qorvo's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.