QRVO
Income statement / Annual
Last year (2025), Qorvo, Inc.'s total revenue was $3.72 B,
a decrease of 1.34% from the previous year.
In 2025, Qorvo, Inc.'s net income was $55.62 M.
See Qorvo, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
03/29/2025 |
03/31/2024 |
03/31/2023 |
03/31/2022 |
03/31/2021 |
03/31/2020 |
03/31/2019 |
03/31/2018 |
03/31/2017 |
03/31/2016 |
| Operating Revenue |
$3.72 B |
$3.77 B |
$3.57 B |
$4.65 B |
$4.02 B |
$3.24 B |
$3.09 B |
$2.97 B |
$3.03 B |
$2.61 B |
| Cost of Revenue |
$2.18 B
|
$2.28 B
|
$2.27 B
|
$2.36 B
|
$2.13 B
|
$1.92 B
|
$1.90 B
|
$1.83 B
|
$1.90 B
|
$1.56 B
|
| Gross Profit |
$1.54 B
|
$1.49 B
|
$1.30 B
|
$2.29 B
|
$1.88 B
|
$1.32 B
|
$1.20 B
|
$1.15 B
|
$1.14 B
|
$1.05 B
|
| Gross Profit Ratio |
0.41
|
0.39
|
0.36
|
0.49
|
0.47
|
0.41
|
0.39
|
0.39
|
0.37
|
0.4
|
| Research and Development Expenses |
$747.71 M
|
$682.25 M
|
$649.84 M
|
$623.64 M
|
$570.40 M
|
$484.41 M
|
$450.48 M
|
$445.10 M
|
$470.84 M
|
$448.76 M
|
| General & Administrative Expenses |
$171.71 M
|
$171.87 M
|
$148.10 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$113.63 M
|
| Selling & Marketing Expenses |
$231.91 M
|
$217.27 M
|
$210.69 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$420.47 M
|
| Selling, General & Administrative Expenses |
$403.62 M
|
$389.14 M
|
$358.79 M
|
$349.72 M
|
$367.24 M
|
$343.57 M
|
$476.07 M
|
$527.75 M
|
$545.59 M
|
$534.10 M
|
| Other Expenses |
$288.73 M
|
$325.41 M
|
$105.14 M
|
$86.75 M
|
$39.31 M
|
$70.56 M
|
$52.16 M
|
$103.83 M
|
-$1.88 M
|
$6.42 M
|
| Operating Expenses |
$1.44 B
|
$1.40 B
|
$1.11 B
|
$1.06 B
|
$976.94 M
|
$898.55 M
|
$978.72 M
|
$1.08 B
|
$1.05 B
|
$1.04 B
|
| Cost And Expenses |
$3.62 B
|
$3.68 B
|
$3.39 B
|
$3.42 B
|
$3.11 B
|
$2.82 B
|
$2.87 B
|
$2.90 B
|
$2.94 B
|
$2.60 B
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$12.07 M
|
$10.97 M
|
$7.02 M
|
$1.21 M
|
$2.07 M
|
| Interest Expense |
$78.33 M
|
$69.25 M
|
$68.46 M
|
$63.33 M
|
$75.20 M
|
$60.39 M
|
$43.96 M
|
$59.55 M
|
$58.88 M
|
$23.32 M
|
| Depreciation & Amortization |
$296.84 M
|
$320.93 M
|
$338.85 M
|
$361.42 M
|
$456.10 M
|
$468.93 M
|
$663.10 M
|
$714.22 M
|
$704.58 M
|
$674.95 M
|
| EBITDA |
$441.06 M |
$463.74 M |
$531.94 M |
$1.61 B |
$1.34 B |
$924.41 M |
$798.85 M |
$790.91 M |
$790.76 M |
$695.41 M |
| EBITDA Ratio |
0.12
|
0.12
|
0.15
|
0.35
|
0.33
|
0.29
|
0.26
|
0.27
|
0.26
|
0.27
|
| Operating Income Ratio |
0.03
|
0.02
|
0.05
|
0.26
|
0.23
|
0.13
|
0.07
|
-0.21
|
0.03
|
0
|
| Total Other Income/Expenses Net |
-$29.63 M
|
-$18.14 M
|
-$58.54 M
|
-$44.99 M
|
-$99.25 M
|
-$28.13 M
|
-$124.67 M
|
-$53.14 M
|
-$60.75 M
|
-$14.83 M
|
| Income Before Tax |
$65.90 M
|
$73.56 M
|
$124.63 M
|
$1.18 B
|
$807.38 M
|
$395.09 M
|
$91.79 M
|
$17.15 M
|
$27.31 M
|
-$2.86 M
|
| Income Before Tax Ratio |
0.02
|
0.02
|
0.03
|
0.25
|
0.2
|
0.12
|
0.03
|
0.01
|
0.01
|
-0
|
| Income Tax Expense |
$10.28 M
|
$143.88 M
|
$21.48 M
|
$147.73 M
|
$73.77 M
|
$60.76 M
|
-$41.33 M
|
$57.43 M
|
$43.86 M
|
$25.98 M
|
| Net Income |
$55.62 M
|
-$70.32 M
|
$103.15 M
|
$1.03 B
|
$733.61 M
|
$334.33 M
|
$133.13 M
|
-$40.29 M
|
-$16.56 M
|
-$28.85 M
|
| Net Income Ratio |
0.01
|
-0.02
|
0.03
|
0.22
|
0.18
|
0.1
|
0.04
|
-0.01
|
-0.01
|
-0.01
|
| EPS |
0.59 |
-0.73 |
1.01 |
9.38 |
6.43 |
2.86 |
1.07 |
-0.32 |
-0.13 |
-0.2 |
| EPS Diluted |
0.58 |
-0.72 |
1 |
9.26 |
6.32 |
2.8 |
1.05 |
-0.32 |
-0.13 |
-0.2 |
| Weighted Average Shares Out |
$94.59 M
|
$97.56 M
|
$102.21 M
|
$111.55 M
|
$114.03 M
|
$117.01 M
|
$124.53 M
|
$126.32 M
|
$126.46 M
|
$141.94 M
|
| Weighted Average Shares Out Diluted |
$95.45 M
|
$97.56 M
|
$103.02 M
|
$111.55 M
|
$116.02 M
|
$119.29 M
|
$127.36 M
|
$126.95 M
|
$127.12 M
|
$141.94 M
|
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