Qorvo Inc
NASDAQ:QRVO

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Qorvo Inc
NASDAQ:QRVO
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Price: 71.63 USD 0.18% Market Closed
Market Cap: 6.8B USD
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Income Statement

Earnings Waterfall
Qorvo Inc

Revenue
3.9B USD
Cost of Revenue
-2.4B USD
Gross Profit
1.5B USD
Operating Expenses
-1.2B USD
Operating Income
367.2m USD
Other Expenses
-508.4m USD
Net Income
-141.2m USD

Income Statement
Qorvo Inc

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Oct-2015 Jan-2016 Apr-2016 Jul-2016 Oct-2016 Dec-2016 Apr-2017 Jul-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Oct-2020 Jan-2021 Apr-2021 Jul-2021 Oct-2021 Jan-2022 Apr-2022 Jul-2022 Oct-2022 Dec-2022 Apr-2023 Jul-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
1 224
N/A
1 332
+9%
1 711
+28%
2 068
+21%
2 414
+17%
2 638
+9%
2 611
-1%
2 636
+1%
2 792
+6%
2 998
+7%
3 033
+1%
2 975
-2%
2 932
-1%
2 951
+1%
2 974
+1%
3 025
+2%
3 088
+2%
3 075
0%
3 090
+1%
3 173
+3%
3 096
-2%
3 132
+1%
3 239
+3%
3 251
+0%
3 505
+8%
3 730
+6%
4 015
+8%
4 338
+8%
4 533
+4%
4 552
+0%
4 646
+2%
4 571
-2%
4 474
-2%
4 103
-8%
3 569
-13%
3 185
-11%
3 131
-2%
3 461
+11%
3 770
+9%
4 005
+6%
3 948
-1%
Gross Profit
Cost of Revenue
(707)
(732)
(1 022)
(1 242)
(1 470)
(1 653)
(1 561)
(1 589)
(1 714)
(1 840)
(1 897)
(1 880)
(1 832)
(1 825)
(1 827)
(1 878)
(1 908)
(1 894)
(1 895)
(1 903)
(1 848)
(1 848)
(1 883)
(1 881)
(1 973)
(2 037)
(2 132)
(2 234)
(2 299)
(2 308)
(2 360)
(2 456)
(2 441)
(2 350)
(2 273)
(2 034)
(2 029)
(2 240)
(2 257)
(2 412)
(2 400)
Gross Profit
517
N/A
600
+16%
689
+15%
827
+20%
944
+14%
984
+4%
1 050
+7%
1 047
0%
1 079
+3%
1 158
+7%
1 136
-2%
1 095
-4%
1 100
+0%
1 126
+2%
1 147
+2%
1 147
+0%
1 180
+3%
1 181
+0%
1 195
+1%
1 271
+6%
1 247
-2%
1 285
+3%
1 356
+6%
1 370
+1%
1 531
+12%
1 693
+11%
1 884
+11%
2 104
+12%
2 234
+6%
2 244
+0%
2 286
+2%
2 115
-7%
2 033
-4%
1 753
-14%
1 297
-26%
1 151
-11%
1 102
-4%
1 221
+11%
1 512
+24%
1 593
+5%
1 548
-3%
Operating Income
Operating Expenses
(380)
(375)
(567)
(752)
(926)
(1 083)
(1 038)
(1 027)
(1 032)
(1 037)
(1 047)
(1 041)
(1 041)
(1 048)
(1 077)
(1 069)
(1 060)
(1 061)
(979)
(956)
(901)
(856)
(885)
(884)
(945)
(970)
(972)
(1 055)
(1 044)
(994)
(1 032)
(1 084)
(1 102)
(1 110)
(1 090)
(1 118)
(1 179)
(1 220)
(1 097)
(1 198)
(1 181)
Selling, General & Administrative
(144)
(139)
(250)
(358)
(456)
(552)
(534)
(532)
(536)
(540)
(546)
(541)
(542)
(538)
(528)
(524)
(525)
(524)
(476)
(429)
(378)
(334)
(344)
(341)
(362)
(374)
(367)
(371)
(355)
(344)
(350)
(361)
(366)
(360)
(359)
(363)
(368)
(379)
(389)
(399)
(403)
Research & Development
(193)
(192)
(258)
(330)
(400)
(457)
(449)
(449)
(457)
(463)
(471)
(470)
(456)
(450)
(445)
(440)
(445)
(448)
(451)
(458)
(457)
(470)
(484)
(496)
(536)
(550)
(570)
(592)
(595)
(612)
(624)
(640)
(650)
(645)
(650)
(644)
(651)
(666)
(682)
(707)
(733)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(18)
(10)
(14)
Other Operating Expenses
(43)
(46)
(60)
(64)
(71)
(74)
(55)
(47)
(40)
(35)
(31)
(29)
(44)
(61)
(104)
(105)
(90)
(88)
(52)
(68)
(65)
(52)
(57)
(48)
(46)
(46)
(34)
(92)
(95)
(38)
(59)
(83)
(87)
(105)
(82)
(111)
(159)
(175)
(8)
(83)
(32)
Operating Income
136
N/A
224
+65%
123
-45%
75
-39%
18
-76%
(99)
N/A
12
N/A
19
+58%
46
+144%
121
+161%
88
-27%
55
-38%
59
+8%
78
+32%
70
-9%
79
+12%
120
+52%
121
+1%
217
+79%
315
+45%
347
+10%
429
+24%
471
+10%
486
+3%
586
+21%
723
+23%
912
+26%
1 049
+15%
1 190
+13%
1 251
+5%
1 254
+0%
1 032
-18%
931
-10%
643
-31%
207
-68%
33
-84%
(77)
N/A
1
N/A
415
+41 295%
394
-5%
367
-7%
Pre-Tax Income
Interest Income Expense
(4)
(2)
(1)
(1)
(1)
(8)
(22)
(36)
(51)
(58)
(61)
(54)
(53)
(53)
(55)
(52)
(46)
(39)
(35)
(31)
(33)
(41)
(51)
(41)
(53)
(55)
(54)
(50)
(41)
(39)
(51)
(68)
(70)
(79)
(52)
(70)
(72)
(68)
(32)
(72)
(77)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(57)
(116)
(128)
(138)
(84)
(28)
(78)
(70)
0
0
(1)
(28)
0
0
0
(31)
0
0
(128)
(321)
(250)
(365)
Total Other Income
2
1
(0)
3
4
3
7
2
1
(1)
0
(4)
(3)
(2)
2
(32)
(81)
(84)
(90)
(27)
71
120
113
87
39
(5)
19
10
12
11
6
(1)
(4)
7
1
30
35
41
12
52
61
Pre-Tax Income
135
N/A
224
+66%
121
-46%
78
-36%
21
-73%
(104)
N/A
(3)
+97%
(15)
-424%
(4)
+76%
62
N/A
27
-56%
(3)
N/A
3
N/A
24
+804%
17
-27%
(5)
N/A
(8)
-62%
(2)
+72%
92
N/A
199
+117%
268
+35%
381
+42%
395
+4%
447
+13%
545
+22%
585
+7%
807
+38%
1 009
+25%
1 161
+15%
1 220
+5%
1 181
-3%
962
-19%
857
-11%
571
-33%
125
-78%
(7)
N/A
(114)
-1 627%
(155)
-36%
74
N/A
125
+69%
(12)
N/A
Net Income
Tax Provision
(27)
(35)
75
82
80
106
(26)
(21)
(26)
(159)
(44)
(38)
(20)
101
20
27
25
25
24
2
(16)
(35)
(61)
(55)
(99)
(100)
(74)
(87)
(56)
(101)
(148)
(146)
(171)
(117)
(22)
(3)
13
(57)
(144)
(151)
(129)
Income from Continuing Operations
107
189
196
160
101
2
(29)
(37)
(29)
(97)
(17)
(42)
(17)
124
37
22
18
23
116
201
252
346
334
392
446
485
734
922
1 105
1 120
1 033
817
686
454
103
(9)
(100)
(211)
(70)
(26)
(141)
Net Income (Common)
107
N/A
189
+76%
196
+4%
160
-19%
101
-37%
2
-98%
(29)
N/A
(37)
-27%
(29)
+20%
(97)
-231%
(17)
+83%
(42)
-150%
(17)
+58%
28
N/A
(40)
N/A
(40)
+1%
(44)
-10%
59
N/A
133
+125%
203
+52%
254
+25%
345
+36%
334
-3%
392
+17%
446
+14%
485
+9%
734
+51%
922
+26%
1 105
+20%
1 120
+1%
1 033
-8%
817
-21%
686
-16%
454
-34%
103
-77%
(9)
N/A
(100)
-980%
(211)
-111%
(70)
+67%
(26)
+63%
(141)
-437%
EPS (Diluted)
1.45
N/A
2.54
+75%
2.11
-17%
1.03
-51%
0.66
-36%
0
N/A
-0.2
N/A
-0.27
-35%
-0.21
+22%
-0.75
-257%
-0.13
+83%
-0.33
-154%
-0.15
+55%
0.22
N/A
-0.31
N/A
-0.31
N/A
-0.33
-6%
0.46
N/A
1.04
+126%
1.67
+61%
2.12
+27%
2.91
+37%
2.8
-4%
3.35
+20%
3.83
+14%
4.18
+9%
6.32
+51%
8.09
+28%
9.82
+21%
10.1
+3%
9.26
-8%
7.69
-17%
6.61
-14%
4.49
-32%
1
-78%
-0.09
N/A
-1
-1 011%
-2.17
-117%
-0.72
+67%
-0.28
+61%
-1.48
-429%

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