QRVO
Qorvo Inc.Stock · Technology$117.18-1.95%
as of market close, Sep 18, 2026
☾ AH — —
QRVO financial statements
The full income statement, balance sheet, and cash-flow statement for Qorvo Inc. (QRVO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|---|
| Income Statement | as ofMar 28 ’26 | as ofMar 29 ’25 | as ofMar 30 ’24 | as ofApr 1 ’23 | as ofApr 2 ’22 | as ofApr 3 ’21 | |
| Revenue | 3.68B-1.1% | 3.72B-1.3% | 3.77B+5.6% | 3.57B-23.2% | 4.65B+15.7% | 4.02B+24.0% | |
| 1.69B+9.9% | 1.54B+3.2% | 1.49B+14.8% | 1.30B-43.3% | 2.29B+21.4% | 1.88B+42.5% | ||
| Cost of revenue | 1.99B-8.8% | 2.18B-4.3% | 2.28B+0.4% | 2.27B-3.7% | 2.36B+10.7% | 2.13B+11.2% | |
| 1.28B-11.3% | 1.44B+3.1% | 1.40B+25.4% | 1.11B+5.1% | 1.06B+8.5% | 977M+8.7% | ||
| Research & development | 726M-2.9% | 748M+9.6% | 682M+5.0% | 650M+4.2% | 624M+9.3% | 570M+17.7% | |
| Selling, general & administrative | 165M-3.8% | 172M-55.9% | 389M+8.5% | 359M+2.6% | 350M-4.8% | 367M+6.9% | |
| General & administrative | 165M-3.8% | 172M-0.1% | 172M+16.0% | 148M | — | — | |
| Selling & marketing | 215M-7.1% | 232M+6.7% | 217M+3.1% | 211M | — | — | |
| Restructuring | 7.40M | — | 44.4M+72.8% | 25.7M+1122.3% | 2.10M-22.2% | 2.70M-94.4% | |
| Amortization of intangibles | 111M-16.9% | 134M+4.5% | 128M-3.4% | 132M-12.0% | 150M-40.5% | 253M+2.3% | |
| Operating income | 411M+330.7% | 95.5M+4.2% | 91.7M-49.9% | 183M-85.1% | 1.23B+35.2% | 907M+114.2% | |
| Interest expense | 73.1M-6.6% | 78.3M+13.1% | 69.2M+1.1% | 68.5M+8.1% | 63.3M-15.8% | 75.2M+24.5% | |
| Other non-operating income | 60.0M+23.2% | 48.7M-4.7% | 51.1M+415.0% | 9.92M-45.9% | 18.3M+176.3% | -24.0M-174.5% | |
| Gain (loss) on equity securities | — | — | — | — | — | 21.5M | |
| Pre-tax income | 398M+504.4% | 65.9M-10.4% | 73.6M-41.0% | 125M-89.4% | 1.18B+46.3% | 807M+104.4% | |
| Income tax | 59.3M+476.5% | 10.3M-92.9% | 144M+569.9% | 21.5M-85.5% | 148M+100.3% | 73.8M+21.4% | |
| Net income | 339M+509.5% | 55.6M+179.1% | -70.3M-168.2% | 103M-90.0% | 1.03B+40.9% | 734M+119.4% | |
| $3.62+524.1% | $0.58+180.6% | -$0.72-172.0% | $1.00-89.2% | $9.26+46.5% | $6.32+125.7% | ||
| EPS (basic) | $3.66+520.3% | $0.59+181.9% | -$0.72-171.3% | $1.01-89.2% | $9.38+45.9% | $6.43+124.8% | |
| Weighted-avg shares (basic) | 92.6M-2.1% | 94.6M-3.0% | 97.6M-4.5% | 102M-7.3% | 110M-3.4% | 114M-2.5% | |
| Weighted-avg shares (diluted) | 93.5M-2.0% | 95.5M-2.2% | 97.6M-5.3% | 103M-7.6% | 112M-3.9% | 116M-2.7% | |
| Balance Sheet | as ofMar 28 ’26 | as ofMar 29 ’25 | as ofMar 30 ’24 | as ofApr 1 ’23 | as ofApr 2 ’22 | as ofApr 3 ’21 | |
| 2.31B+6.4% | 2.17B-11.4% | 2.45B+20.5% | 2.03B-17.1% | 2.45B-1.4% | 2.48B+46.9% | ||
| Cash & equivalents | 1.22B+19.4% | 1.02B-0.8% | 1.03B+27.3% | 809M-16.8% | 973M-30.4% | 1.40B+95.5% | |
| Accounts receivable | 383M-1.1% | 387M-6.4% | 413M+35.6% | 305M-46.5% | 569M+24.4% | 457M+24.6% | |
| Inventory | 554M-13.6% | 641M-9.8% | 711M-10.8% | 797M+5.4% | 756M+48.8% | 508M-1.8% | |
| Prepaid expenses | 36.7M+11.9% | 32.8M-19.1% | 40.6M-13.1% | 46.7M-6.3% | 49.8M+19.9% | 41.6M+9.8% | |
| Other current assets | 98.2M+31.7% | 74.6M-5.6% | 79.0M+69.1% | 46.7M-33.9% | 70.7M+36.4% | 51.8M+35.3% | |
| 5.83B-1.8% | 5.93B-9.5% | 6.55B-2.1% | 6.69B-10.9% | 7.51B+4.0% | 7.22B+10.1% | ||
| Property, plant & equipment | 710M-11.4% | 802M-7.9% | 871M-24.2% | 1.15B-8.3% | 1.25B-1.0% | 1.27B+0.5% | |
| Operating lease right-of-use | 52.4M-10.4% | 58.5M-4.5% | 61.3M-26.6% | 83.5M | — | — | |
| Goodwill | 2.35B-1.5% | 2.39B-5.7% | 2.53B-8.2% | 2.76B-0.5% | 2.78B+5.0% | 2.64B+1.1% | |
| Intangible assets | 122M-55.6% | 273M-46.3% | 509M-5.3% | 538M-20.3% | 675M+10.4% | 611M-24.4% | |
| Long-term investments | 16.3M-30.5% | 23.4M+0.8% | 23.3M+13.9% | 20.4M-34.4% | 31.1M-12.1% | 35.4M+57.1% | |
| Other non-current assets | 318M+14.6% | 277M+62.8% | 170M-11.9% | 193M-40.3% | 324M+77.7% | 182M+10.3% | |
| 713M-9.0% | 783M-36.3% | 1.23B+121.3% | 556M-17.7% | 675M-0.9% | 682M+26.5% | ||
| Accounts payable | 243M-6.8% | 261M+3.0% | 253M+20.1% | 211M-35.7% | 328M+4.5% | 314M+27.1% | |
| Accrued liabilities | 248M-13.8% | 288M-14.5% | 337M+51.4% | 222M-7.4% | 240M-5.8% | 255M+17.1% | |
| Deferred revenue | 119M-9.0% | 130M | — | — | — | — | |
| Short-term & current debt | — | 0.00-100.0% | 439M+141429.0% | 310K-60.8% | 791K-84.5% | 5.09M-26.1% | |
| Current lease liability | 16.5M-0.6% | 16.6M+6.2% | 15.6M-19.4% | 19.4M | — | — | |
| Other current liabilities | 222M-5.5% | 235M+107.2% | 113M-7.4% | 122M+14.3% | 107M-5.0% | 113M+67.3% | |
| 2.48B-2.3% | 2.54B-15.3% | 3.00B+7.5% | 2.79B-5.6% | 2.96B+14.0% | 2.59B+14.3% | ||
| Long-term debt | 1.55B-0.0% | 1.55B-0.0% | 1.55B-24.4% | 2.05B+0.0% | 2.05B+17.5% | 1.74B+11.2% | |
| Non-current lease liability | 40.6M-10.3% | 45.3M-10.5% | 50.6M-26.9% | 69.2M | — | — | |
| Operating lease liability (total) | 57.1M-7.7% | 61.8M-6.5% | 66.2M-25.2% | 88.5M+12.2% | 78.9M+15.6% | 68.2M-7.8% | |
| Other non-current liabilities | 219M+5.3% | 208M-4.8% | 219M+18.2% | 185M-20.7% | 234M+39.1% | 168M+3.8% | |
| 3.34B-1.4% | 3.39B-4.6% | 3.56B-8.9% | 3.90B-14.3% | 4.55B-1.6% | 4.63B+7.8% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Retained earnings | 38.8M+214.1% | -34.0M+62.1% | -89.6M-206.0% | 84.5M-83.5% | 512M+44.2% | 355M | |
| Accumulated other comprehensive income | 4.06M+181.0% | -5.01M+1.6% | -5.10M-60.5% | -3.17M-160.7% | 5.23M-82.4% | 29.6M+1195.8% | |
| Total liabilities & equity | 5.83B-1.8% | 5.93B-9.5% | 6.55B-2.1% | 6.69B-10.9% | 7.51B+4.0% | 7.22B+10.1% | |
| Common shares issued | 87.7M-5.6% | 92.9M-3.0% | 95.8M-2.9% | 98.6M-7.2% | 106M-5.6% | 113M-1.8% | |
| Common shares outstanding | 87.7M-5.6% | 92.9M-3.0% | 95.8M-2.9% | 98.6M-7.2% | 106M-5.6% | 113M-1.8% | |
| Shares outstanding (cover) | 88.0M-5.4% | 93.0M-2.7% | 95.6M-3.1% | 98.7M-6.9% | 106M-5.8% | 113M-1.9% | |
| Cash Flow | as ofMar 28 ’26 | as ofMar 29 ’25 | as ofMar 30 ’24 | as ofApr 1 ’23 | as ofApr 2 ’22 | as ofApr 3 ’21 | |
| 809M+30.0% | 622M-25.3% | 833M-1.2% | 843M-19.6% | 1.05B-19.4% | 1.30B+37.7% | ||
| Depreciation & amortization | 262M-11.6% | 297M-7.5% | 321M-5.3% | 339M-6.2% | 361M-20.8% | 456M-2.7% | |
| Intangible amortization | 111M-16.9% | 134M+4.5% | 128M-3.4% | 132M-12.0% | 150M-40.5% | 253M+2.3% | |
| Share-based compensation | 136M-0.2% | 136M+12.8% | 121M+14.4% | 106M+26.4% | 83.5M-6.5% | 89.3M+17.6% | |
| Deferred income taxes | -39.4M+53.5% | -84.7M-536.7% | 19.4M+129.3% | -66.1M-307.5% | 31.9M+275.8% | -18.1M-63.4% | |
| Change in receivables | -3.15M+88.2% | -26.8M-125.3% | 106M+139.9% | -265M-345.4% | 108M+18.2% | 91.3M+534.0% | |
| Change in inventory | -86.6M-376.2% | -18.2M+80.4% | -92.9M-214.1% | 81.5M-65.5% | 236M+2615.4% | -9.39M+8.4% | |
| Change in payables | -4.89M-168.1% | 7.18M-91.9% | 89.1M+177.2% | -115M-440.2% | 34.0M-0.7% | 34.2M+121.7% | |
| Other operating activities | -13.4M-142.0% | 32.0M-59.3% | 78.5M+210.4% | 25.3M+69.9% | 14.9M+419.8% | -4.66M-119.8% | |
| -43.6M-219.3% | 36.6M+126.8% | -136M+11.0% | -153M+74.3% | -596M-172.6% | -219M+80.2% | ||
| Capital expenditure | 129M-6.2% | 138M+8.2% | 127M-20.0% | 159M-25.5% | 213M+14.2% | 187M+13.9% | |
| Free cash flow | 680M+40.2% | 485M-31.4% | 706M+3.2% | 684M-18.1% | 836M-25.0% | 1.11B+42.7% | |
| Acquisitions | 0.00-100.0% | 791K-99.0% | 83.0M+87241.1% | 95.0K-100.0% | 389M+726.7% | 47.1M-95.0% | |
| Proceeds from sale of PP&E | 51.7M+632.6% | 7.06M-85.8% | 49.5M+2582.6% | 1.85M+105.7% | 898K | — | |
| Other investing activities | -12.3M-334.9% | 5.23M+224.9% | -4.19M-10.4% | -3.79M+34.0% | -5.75M+62.6% | -15.4M-248.9% | |
| -567M+17.2% | -684M-48.9% | -460M+46.1% | -853M+2.5% | -876M-117.8% | -402M-342.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 499M | 0.00 | |
| Long-term debt repaid | 0.00-100.0% | 439M+653.1% | 58.3M | 0.00-100.0% | 198M-81.8% | 1.09B | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 533M+49.5% | 356M-10.9% | 400M-53.6% | 862M-25.2% | 1.15B+123.7% | 515M-0.0% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -25.7M-9.1% | -23.6M-114.2% | -11.0M-1487.6% | -694K+92.9% | -9.71M-1.9% | -9.54M-42.0% | |
| FX effect on cash | -666K+73.1% | -2.48M-178.1% | 3.17M+1057.7% | -331K+89.9% | -3.28M-330.2% | 1.43M+215.6% | |
| Net change in cash | 198M+804.5% | -28.1M-111.7% | 240M+246.7% | -164M+61.5% | -426M-162.3% | 683M+16039.4% | |
| Interest paid | 73.2M-4.1% | 76.3M+38.1% | 55.3M-16.4% | 66.1M+11.3% | 59.4M-26.9% | 81.2M+66.2% | |
| Income taxes paid | 55.9M-37.3% | 89.2M-14.8% | 105M-1.1% | 106M-15.6% | 125M+135.4% | 53.2M-4.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: QRVO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all QRVO filings on SEC EDGAR → Not investment advice.