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Qorvo(NASDAQ) QRVO

Market Cap$7.90BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1997)+1,069%
5 Year-53%
1 Year+6%
1 Month-4%
$90.59
+1.22%
+1.09Today
Qorvo last closing stock price
MetricPriceDate
Last closeUSD 89.502026-07-29
Qorvo stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0.02%USD 89.482026-07-22
1 month-4.32%USD 93.542026-06-29
3 month-5.01%USD 94.222026-04-30
Year to date+5.9%USD 84.512025-12-31
1 year+5.7%USD 84.672025-07-29
3 year-18.26%USD 109.492023-07-28
5 year-52.79%USD 189.592021-07-30
Since inception+1,068.94%USD 7.661997-06-03

Qorvo Financials at a Glance

Market Cap

$7.90BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$3.64B

Net Income (TTM)

$399.20M

EPS (TTM)

$4.31

P/E Ratio

20.77

Dividend

$0.00

Beta (Volatility)

1.56 (High)

Price

$90.59

Volume

1,016,549.315

Open

$90.50

Previous Close

$90.74

Daily Range

$88.26 - $90.82

52-Week Range

$74.92 - $109.49

Estimated Earnings Date

Oct 27, 2026

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About Qorvo

Qorvo helps connect people and devices by making chips that manage wireless signals and power. These parts are found inside everyday technology like smartphones, Wi-Fi routers, and defense equipment. The company makes it easier for these gadgets to talk to each other and run efficiently.

The Product Mix

  • Advanced Cellular Group: High-performance parts for smartphones, tablets, and wearable gadgets; brought in $690.8 million in revenue during Q3 2026.
  • High Performance Analog: Solutions for defense, aerospace, and internet infrastructure; generated $190.9 million in revenue in Q3 2026.
  • Connectivity and Sensors Group: Wireless technology for smart homes and cars, including Bluetooth and Wi-Fi; accounted for $111.3 million in revenue in Q3 2026.

A Strategy for Growth

  • Entered into a merger agreement with Skyworks Solutions, Inc. in October 2025 to combine businesses.
  • Sold the microelectromechanical systems (MEMS) sensing solutions business in October 2025 to focus on higher-margin products.
  • Initiated the 2026 Restructuring Initiatives to close a North Carolina factory and move production to Texas to save costs.
  • Divested the silicon carbide power device business in January 2025 to align with long-term profit goals.
  • Completed the sale of assembly and test operations in China during the first quarter of fiscal 2025.

Operational Strengths

The company maintains internal manufacturing facilities that serve all three business segments to control production quality. It utilizes diverse process technologies to create specialized chips for high-demand markets like aerospace and 5G infrastructure.

The Recent Financial Scorecard

  • Revenue reached $993 million in Q3 2026, up 8.4% from $916.3 million in Q3 2025.
  • Operating income rose to $192.1 million in Q3 2026, up 262.4% from $53 million in Q3 2025.
  • Free cash flow hit $236.9 million in Q3 2026, up 34.4% from $176.2 million in Q3 2025.
  • Gross profit grew to $464.2 million in Q3 2026, up 18.6% from $391.4 million in Q3 2025.
  • Net income climbed to $164.1 million in Q3 2026, up 297.5% from $41.3 million in Q3 2025.

Evolution Summary

Qorvo is shifting its focus away from low-cost smartphone parts toward high-value defense, infrastructure, and premium mobile technology. This transition, combined with its pending merger with Skyworks, marks a significant move toward consolidation in the semiconductor industry.

AI Generated • Apr 22, 2026

Industry

Semiconductors and Semiconductor Equipment

Employees

5,200

CEO

Robert A. Bruggeworth

Headquarters

Greensboro, NC 27409-9421, US

QRVO Financials

Key Financial Metrics (TTM)

Gross Margin

48.22%

Operating Margin

13.12%

Net Income Margin

10.95%

Return on Equity

11.39%

Return on Capital

8.41%

Return on Assets

6.72%

Earnings Yield

4.81%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$7.90BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

88.22M

Volume

1.02M

Avg. Volume

1.31M

Financials (TTM)

Gross Profit

$1.76B

Operating Income

$478.11M

EBITDA

$778.64M

Operating Cash Flow

$765.18M

Capital Expenditure

-$115.67M

Free Cash Flow

$649.51M

Cash & ST Invst.

$1.33B

Total Debt

$1.55B

Qorvo Performance Analysis

Qorvo annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-03-31USD 3,569,399,000-23.2%
20242024-03-31USD 3,769,506,0005.6%
20252025-03-31USD 3,718,971,000-1.3%
20262026-03-31USD 3,678,517,000-1.1%
Qorvo sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-09-2729.3%
Q32025-12-27-6.2%
Q42026-03-28-18.6%
Q12026-06-27-2.9%
Qorvo annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-03-31USD 1.00-89.2%
20242024-03-31USD -0.72N/A
20252025-03-31USD 0.58N/A
20262026-03-31USD 3.62521.9%
Qorvo sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-09-27374.1%
Q32025-12-2736.7%
Q42026-03-28-81.7%
Q12026-06-27200.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2027YOY CHG

Revenue

$784.80M

-4.2%

Gross Profit

$400.97M

+20.8%

Gross Margin

51.09%

N/A

Market Cap

$7.90BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.52M

N/A

Employees

5,200

N/A

Net Income

$85.80M

+235.2%

EBITDA

$166.52M

+41.2%

Quarterly Fundamentals

Name
Q1 2027YOY CHG

Total Cash

$1.33B

+14.0%

Total Debt

$1.55B

-0.0%

Accounts Receivable

$395.93M

+15.3%

Inventory

$592.49M

-7.1%

Long Term Debt

$1.55B

-0.0%

Short Term Debt

$0.00

N/A

Return on Assets

6.72%

N/A

Return on Invested Capital

9.10%

N/A

Free Cash Flow

$115.35M

-20.7%

Operating Cash Flow

$139.49M

-23.8%

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Questions About QRVO

What is the current price of Qorvo?

Qorvo is trading at $90.74 per share.

What is the 52-week range for Qorvo?

Over the past 52 weeks, Qorvo has traded between $74.92 and $109.49.

How much debt does Qorvo have?

As of the most recent reporting period, Qorvo reported total debt of $1.55B.

How much cash does Qorvo have on hand?

Qorvo reported $1.33B in cash and cash equivalents in its most recent financial results.

What is Qorvo’s dividend yield?

Qorvo does not currently have a dividend yield.

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