Qorvo, Inc.
About Qorvo, Inc.
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of non-smartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
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Financial summary
- Revenue FY2026
- $3.7B
- Net income
- $339.0M
- Total assets
- $5.8B
- Market cap
- $8.6B
- Gross margin
- 45.9%
- Operating margin
- 11.2%
- Net margin
- 9.2%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $3.7B
- Cost of revenue
- $2.0B
- Gross profit
- $1.7B
- Operating expenses
- $1.3B
- Operating income
- $411.4M
- Income tax
- $59.3M
- Net income
- $339.0M
- EPS (basic)
- $3.66
- EPS (diluted)
- $3.62
Balance sheet
- Total assets
- $5.8B
- Current assets
- $2.3B
- Total liabilities
- $2.5B
- Current liabilities
- $712.8M
- Shareholders’ equity
- $3.3B
Cash flow
- Operating cash flow
- $808.6M
- Investing cash flow
- -$43.6M
- Financing cash flow
- -$566.5M
- Net cash flow
- $197.8M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $8.6B
- P/E ratio
- 27.6
- EPS (diluted)
- $3.62
- Shares outstanding
- 86.6M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jan 2, 2015
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $339.0M in FY2026.
- Revenue declined 21% from FY2022 to FY2026.
- Gross margin of 45.9%, net margin 9.2%.
- Trading 8% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 27.6.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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