Qorvo financials
$116.75+0.39%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Mar 28 | FY25 Mar 29 | FY24 Mar 30 | FY23 Apr 1 | FY22 Apr 2 | FY21 Apr 3 | FY20 Mar 28 | FY19 Mar 30 | FY18 Mar 31 | FY17 Apr 1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.68B | $3.72B | $3.77B | $3.57B | $4.65B | $4.02B | $3.24B | $3.09B | $2.97B | $3.03B |
| Gross profit | $1.60B | $1.44B | $1.38B | $1.30B | $2.29B | $1.88B | $1.32B | $1.20B | $1.15B | $1.14B |
| Gross margin | 43.5% | 38.7% | 36.7% | 36.3% | 49.2% | 46.9% | 40.8% | 38.7% | 38.6% | 37.4% |
| Operating income | $411.4M | $95.5M | $91.7M | $183.2M | $1.23B | $906.6M | $423.2M | $216.5M | $70.3M | $88.1M |
| Net income | $339.0M | $55.6M | -$70.3M | $103.2M | $1.03B | $733.6M | $334.3M | $133.1M | -$40.3M | -$16.6M |
| Net margin | 9.2% | 1.5% | −1.9% | 2.9% | 22.2% | 18.3% | 10.3% | 4.3% | −1.4% | −0.5% |
| Diluted EPS | $3.62 | $0.58 | $-0.72 | $1.00 | $9.26 | $6.32 | $2.80 | $1.05 | $-0.32 | $-0.13 |
| EBITDA | $756.2M | $584.9M | $634.0M | $534.4M | $1.64B | $1.36B | $892.1M | $879.6M | $784.5M | $792.6M |
| Operating cash flow | $808.6M | $622.2M | $833.2M | $843.2M | $1.05B | $1.30B | $945.6M | $810.4M | $852.5M | $776.8M |
| Free cash flow | $679.6M | $484.6M | $706.0M | $684.3M | $835.8M | $1.11B | $781.5M | $589.4M | $582.7M | $224.1M |
| Diluted shares | 93.5M | 95.5M | 97.6M | 103.0M | 111.5M | 116.0M | 119.3M | 127.4M | 126.9M | 127.1M |
Balance sheet
| Period end | Mar 28 | Mar 29 | Mar 30 | Apr 1 | Apr 2 | Apr 3 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.22B | $1.02B | $1.03B | $808.8M | $972.6M | $1.40B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.55B | $1.55B | $1.99B | $2.05B | $2.05B | $1.74B |
| Total assets | $5.83B | $5.93B | $6.55B | $6.69B | $7.51B | $7.22B |
| Total liabilities | $2.48B | $2.54B | $3.00B | $2.79B | $2.96B | $2.59B |
| Shareholders' equity | $3.34B | $3.39B | $3.56B | $3.90B | $4.55B | $4.63B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology