Qorvo, Inc.

EDGAR

Annual consolidated revenue for 2026: about USD 3.679B, using the latest reported figures. The previous period, 2025, was about USD 3.719B.

Watchlist

Latest quarter

Revenue

785 million USD

2026-06-27 · USD

Exact inputs and evidence

Operating margin

12.33%

2026-06-27 · %

Exact inputs and evidence
  • Operating Income: 96770000 USD Source
  • Revenue: 784795000 USD Source

Operating cash flow

139 million USD

2026-06-27 · USD

Exact inputs and evidence
  • Operating Cash Flow: 139493000 USD Source

Free cash flow

115 million USD

2026-06-27 · USD

Exact inputs and evidence
  • Operating Cash Flow: 139493000 USD Source
  • Capital Expenditure: 24144000 USD Source
Cash and cash equivalents
1.33 billion USD Source
Exact value

1328943000 USD

Long-term debt including current maturities
1.55 billion USD Source
Exact value

1549138000 USD

Shares outstanding
88.2 million shares Source
Exact value

88218000 shares

Reported share-count change

-4.94% · -4.58 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 92798000 shares · 2025-06-28· Source
  • 88218000 shares · 2026-06-27· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

3.64 billion USD

2025-06-29 – 2026-06-27

Exact inputs and evidence
  • Revenue: 1058503000 USD · 2025-06-29 – 2025-09-27 Source
  • Revenue: 992959000 USD · 2025-09-28 – 2025-12-27 Source
  • Revenue: 3678517000 USD · 2025-03-30 – 2026-03-28 Source
  • Revenue: 2870240000 USD · 2025-03-30 – 2025-12-27 Source
  • Revenue: 784795000 USD · 2026-03-29 – 2026-06-27 Source

Net income

399 million USD

2025-06-29 – 2026-06-27

Exact inputs and evidence
  • Net income: 119603000 USD · 2025-06-29 – 2025-09-27 Source
  • Net income: 164062000 USD · 2025-09-28 – 2025-12-27 Source
  • Net income: 338989000 USD · 2025-03-30 – 2026-03-28 Source
  • Net income: 309259000 USD · 2025-03-30 – 2025-12-27 Source
  • Net income: 85802000 USD · 2026-03-29 – 2026-06-27 Source

Operating cash flow

765 million USD

2025-06-29 – 2026-06-27

Exact inputs and evidence
  • Operating cash flow: 266935000 USD · 2025-03-30 – 2025-09-27 Source
  • Operating cash flow: 182945000 USD · 2025-03-30 – 2025-06-28 Source
  • Operating cash flow: 532367000 USD · 2025-03-30 – 2025-12-27 Source
  • Operating cash flow: 266935000 USD · 2025-03-30 – 2025-09-27 Source
  • Operating cash flow: 808631000 USD · 2025-03-30 – 2026-03-28 Source
  • Operating cash flow: 532367000 USD · 2025-03-30 – 2025-12-27 Source
  • Operating cash flow: 139493000 USD · 2026-03-29 – 2026-06-27 Source

Capital expenditure

116 million USD

2025-06-29 – 2026-06-27

Exact inputs and evidence
  • Capital expenditure: 79340000 USD · 2025-03-30 – 2025-09-27 Source
  • Capital expenditure: 37543000 USD · 2025-03-30 – 2025-06-28 Source
  • Capital expenditure: 107835000 USD · 2025-03-30 – 2025-12-27 Source
  • Capital expenditure: 79340000 USD · 2025-03-30 – 2025-09-27 Source
  • Capital expenditure: 129070000 USD · 2025-03-30 – 2026-03-28 Source
  • Capital expenditure: 107835000 USD · 2025-03-30 – 2025-12-27 Source
  • Capital expenditure: 24144000 USD · 2026-03-29 – 2026-06-27 Source

Free cash flow

650 million USD

2025-06-29 – 2026-06-27

Exact inputs and evidence
  • Operating cash flow: 266935000 USD · 2025-03-30 – 2025-09-27 Source
  • Operating cash flow: 182945000 USD · 2025-03-30 – 2025-06-28 Source
  • Operating cash flow: 532367000 USD · 2025-03-30 – 2025-12-27 Source
  • Operating cash flow: 266935000 USD · 2025-03-30 – 2025-09-27 Source
  • Operating cash flow: 808631000 USD · 2025-03-30 – 2026-03-28 Source
  • Operating cash flow: 532367000 USD · 2025-03-30 – 2025-12-27 Source
  • Operating cash flow: 139493000 USD · 2026-03-29 – 2026-06-27 Source
  • Capital expenditure: 79340000 USD · 2025-03-30 – 2025-09-27 Source
  • Capital expenditure: 37543000 USD · 2025-03-30 – 2025-06-28 Source
  • Capital expenditure: 107835000 USD · 2025-03-30 – 2025-12-27 Source
  • Capital expenditure: 79340000 USD · 2025-03-30 – 2025-09-27 Source
  • Capital expenditure: 129070000 USD · 2025-03-30 – 2026-03-28 Source
  • Capital expenditure: 107835000 USD · 2025-03-30 – 2025-12-27 Source
  • Capital expenditure: 24144000 USD · 2026-03-29 – 2026-06-27 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-07-28.

Financial data available through: 2026-03-28.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2026-03-28
  • Operating income: 11 of 11 periods available· newest 2026-03-28
  • Net income: 11 of 11 periods available· newest 2026-03-28
  • Operating cash flow: 11 of 11 periods available· newest 2026-03-28
  • Capital expenditure: 11 of 11 periods available· newest 2026-03-28
  • Total assets: 11 of 11 periods available· newest 2026-03-28
  • Total liabilities: 11 of 11 periods available· newest 2026-03-28
  • Current assets: 11 of 11 periods available· newest 2026-03-28
  • Current liabilities: 11 of 11 periods available· newest 2026-03-28
  • Cash and cash equivalents: 11 of 11 periods available· newest 2026-03-28
  • Long-term debt including current maturities: 11 of 11 periods available· newest 2026-03-28
  • Shares outstanding: 11 of 11 periods available· newest 2026-03-28

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -1.1%

    Prior period

    USD 3.72 billion

    –

    Current period

    USD 3.68 billion

    –

    Exact inputs and evidence

    3678517000 − 3718971000 = -40454000 USD

    3718971000 USD · 2024-03-31 – 2025-03-29

    Inspect prior input Prior source

    3678517000 USD · 2025-03-30 – 2026-03-28

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  • Net income

    +509.5%

    Prior period

    USD 55.62 million

    –

    Current period

    USD 338.99 million

    –

    Exact inputs and evidence

    338989000 − 55615000 = 283374000 USD

    55615000 USD · 2024-03-31 – 2025-03-29

    Inspect prior input Prior source

    338989000 USD · 2025-03-30 – 2026-03-28

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  • Operating cash flow

    +30%

    Prior period

    USD 622.2 million

    –

    Current period

    USD 808.63 million

    –

    Exact inputs and evidence

    808631000 − 622202000 = 186429000 USD

    622202000 USD · 2024-03-31 – 2025-03-29

    Inspect prior input Prior source

    808631000 USD · 2025-03-30 – 2026-03-28

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  • Capital expenditure

    -6.2%

    Prior period

    USD 137.6 million

    –

    Current period

    USD 129.07 million

    –

    Exact inputs and evidence

    129070000 − 137600000 = -8530000 USD

    137600000 USD · 2024-03-31 – 2025-03-29

    Inspect prior input Prior source

    129070000 USD · 2025-03-30 – 2026-03-28

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2026 2025-03-30 – 2026-03-28

  • Revenue USD 3.68 billion 100% of revenue
  • Cost of revenue USD 1.99 billion 54% of revenue
  • Operating expenses USD 1.28 billion 35% of revenue
  • Operating income USD 411.42 million 11% of revenue
  • Tax, interest and other Derived USD 72.44 million 2% of revenue
  • Net income USD 338.99 million 9.2% of revenue

Cash

  • Operating cash flow USD 808.63 million 22% of revenue
  • Capital expenditure USD 129.07 million 3.5% of revenue
  • Free cash flow Derived USD 679.56 million 18% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2017 Net loss: net income was −0.5% of revenue.
  • 2018 Net loss: net income was −1.4% of revenue.
  • 2019 93%
  • 2020 10%87%
  • 2021 18%77%
  • 2022 22%74%
  • 2023 95%
  • 2024 Net loss: net income was −1.9% of revenue.
  • 2025 97%
  • 2026 9.2%89%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2017 2016-04-03 – 2017-04-013032574000 2944515000 Derived 88059000 104617000 Derived -16558000 224118000 Derived
Source
2018 2017-04-02 – 2018-03-312973536000 2903254000 Derived 70282000 110570000 Derived -40288000 582685000 Derived
Source
2019 2018-04-01 – 2019-03-303090325000 2873859000 Derived 216466000 83341000 Derived 133125000 589427000 Derived
Source
2020 2019-03-31 – 2020-03-283239141000 2815925000 Derived 423216000 88891000 Derived 334325000 781542000 Derived
Source
2021 2020-03-29 – 2021-04-034015307000 3108680000 Derived 906627000 173016000 Derived 733611000 1114893000 Derived
Source
2022 2021-04-04 – 2022-04-024645714000 3419645000 Derived 1226069000 192716000 Derived 1033353000 835777000 Derived
Source
2023 2022-04-03 – 2023-04-013569399000 3386231000 Derived 183168000 80016000 Derived 103152000 684278000 Derived
Source
2024 2023-04-02 – 2024-03-303769506000 3677805000 Derived 91701000 162023000 Derived -70322000 705959000 Derived
Source
2025 2024-03-31 – 2025-03-293718971000 3623444000 Derived 95527000 39912000 Derived 55615000 484602000 Derived
Source
2026 2025-03-30 – 2026-03-283678517000 3267093000 Derived 411424000 72435000 Derived 338989000 679561000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 3.7B 2026
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.5.0B3.8B2.5B1.3B0.0201720222026
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Revenue3032574000
2018Revenue2973536000
2019Revenue3090325000
2020Revenue3239141000
2021Revenue4015307000
2022Revenue4645714000
2023Revenue3569399000
2024Revenue3769506000
2025Revenue3718971000
2026Revenue3678517000

Revenue growth

Change in revenue from the same financial period one year earlier.

-1.1% 2026
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28%14%0%-13%-27%201720222026
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2017Year over year16.2%
2018Year over year-1.9%
2019Year over year3.9%
2020Year over year4.8%
2021Year over year24%
2022Year over year15.7%
2023Year over year-23.2%
2024Year over year5.6%
2025Year over year-1.3%
2026Year over year-1.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 11.2% 2026
Net margin 9.2% 2026
Free cash flow margin 18.5% 2026
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.30.1%21.5%13.0%4.4%-4.2%201720222026
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2017Operating margin2.9%
2018Operating margin2.4%
2019Operating margin7%
2020Operating margin13.1%
2021Operating margin22.6%
2022Operating margin26.4%
2023Operating margin5.1%
2024Operating margin2.4%
2025Operating margin2.6%
2026Operating margin11.2%
2017Net margin-0.5%
2018Net margin-1.4%
2019Net margin4.3%
2020Net margin10.3%
2021Net margin18.3%
2022Net margin22.2%
2023Net margin2.9%
2024Net margin-1.9%
2025Net margin1.5%
2026Net margin9.2%
2017Free cash flow margin7.4%
2018Free cash flow margin19.6%
2019Free cash flow margin19.1%
2020Free cash flow margin24.1%
2021Free cash flow margin27.8%
2022Free cash flow margin18%
2023Free cash flow margin19.2%
2024Free cash flow margin18.7%
2025Free cash flow margin13%
2026Free cash flow margin18.5%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 808.6M 2026
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.4B1.1B703.0M351.5M0.0201720222026
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Operating cash flow776820000
2018Operating cash flow852520000
2019Operating cash flow810364000
2020Operating cash flow945646000
2021Operating cash flow1301853000
2022Operating cash flow1049243000
2023Operating cash flow843231000
2024Operating cash flow833189000
2025Operating cash flow622202000
2026Operating cash flow808631000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 679.6M 2026
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.2B903.1M602.0M301.0M0.0201720222026
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Free cash flow224118000
2018Free cash flow582685000
2019Free cash flow589427000
2020Free cash flow781542000
2021Free cash flow1114893000
2022Free cash flow835777000
2023Free cash flow684278000
2024Free cash flow705959000
2025Free cash flow484602000
2026Free cash flow679561000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

42.6% 2026
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.49%37%25%12%0%201720222026
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2017Liabilities / assets24.9%
2018Liabilities / assets25.2%
2019Liabilities / assets24.9%
2020Liabilities / assets34.6%
2021Liabilities / assets35.9%
2022Liabilities / assets39.4%
2023Liabilities / assets41.7%
2024Liabilities / assets45.7%
2025Liabilities / assets42.8%
2026Liabilities / assets42.6%

Current assets to current liabilities

Current assets divided by current liabilities.

3.24× 2026
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.51×3.38×2.26×1.13×0.00×201720222026
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2017Current assets / current liabilities3.49×
2018Current assets / current liabilities4.18×
2019Current assets / current liabilities3.87×
2020Current assets / current liabilities3.14×
2021Current assets / current liabilities3.64×
2022Current assets / current liabilities3.63×
2023Current assets / current liabilities3.65×
2024Current assets / current liabilities1.99×
2025Current assets / current liabilities2.77×
2026Current assets / current liabilities3.24×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2017 2016-04-03 – 2017-04-01
−USD 16.56 million
Exact value

Exact value: -16558000 USD

2016-04-03 – 2017-04-01: -16558000 USD Inspect Net Income Open source
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USD 776.82 million
Exact value

Exact value: 776820000 USD

2016-04-03 – 2017-04-01: 776820000 USD Inspect Operating Cash Flow Open source
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USD 552.7 million
Exact value

Exact value: 552702000 USD

2016-04-03 – 2017-04-01: 552702000 USD Inspect Capital Expenditure Open source
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USD 224.12 million
Calculation and evidence

776820000 − 552702000 USD

Exact free cash flow: 224118000 USD

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2018 2017-04-02 – 2018-03-31
−USD 40.29 million
Exact value

Exact value: -40288000 USD

2017-04-02 – 2018-03-31: -40288000 USD Inspect Net Income Open source
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USD 852.52 million
Exact value

Exact value: 852520000 USD

2017-04-02 – 2018-03-31: 852520000 USD Inspect Operating Cash Flow Open source
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USD 269.84 million
Exact value

Exact value: 269835000 USD

2017-04-02 – 2018-03-31: 269835000 USD Inspect Capital Expenditure Open source
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USD 582.69 million
Calculation and evidence

852520000 − 269835000 USD

Exact free cash flow: 582685000 USD

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2019 2018-04-01 – 2019-03-30
USD 133.13 million
Exact value

Exact value: 133125000 USD

2018-04-01 – 2019-03-30: 133125000 USD Inspect Net Income Open source
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USD 810.36 million
Exact value

Exact value: 810364000 USD

2018-04-01 – 2019-03-30: 810364000 USD Inspect Operating Cash Flow Open source
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USD 220.94 million
Exact value

Exact value: 220937000 USD

2018-04-01 – 2019-03-30: 220937000 USD Inspect Capital Expenditure Open source
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USD 589.43 million
Calculation and evidence

810364000 − 220937000 USD

Exact free cash flow: 589427000 USD

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2020 2019-03-31 – 2020-03-28
USD 334.33 million
Exact value

Exact value: 334325000 USD

2019-03-31 – 2020-03-28: 334325000 USD Inspect Net Income Open source
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USD 945.65 million
Exact value

Exact value: 945646000 USD

2019-03-31 – 2020-03-28: 945646000 USD Inspect Operating Cash Flow Open source
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USD 164.1 million
Exact value

Exact value: 164104000 USD

2019-03-31 – 2020-03-28: 164104000 USD Inspect Capital Expenditure Open source
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USD 781.54 million
Calculation and evidence

945646000 − 164104000 USD

Exact free cash flow: 781542000 USD

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2021 2020-03-29 – 2021-04-03
USD 733.61 million
Exact value

Exact value: 733611000 USD

2020-03-29 – 2021-04-03: 733611000 USD Inspect Net Income Open source
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USD 1.3 billion
Exact value

Exact value: 1301853000 USD

2020-03-29 – 2021-04-03: 1301853000 USD Inspect Operating Cash Flow Open source
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USD 186.96 million
Exact value

Exact value: 186960000 USD

2020-03-29 – 2021-04-03: 186960000 USD Inspect Capital Expenditure Open source
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USD 1.11 billion
Calculation and evidence

1301853000 − 186960000 USD

Exact free cash flow: 1114893000 USD

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2022 2021-04-04 – 2022-04-02
USD 1.03 billion
Exact value

Exact value: 1033353000 USD

2021-04-04 – 2022-04-02: 1033353000 USD Inspect Net Income Open source
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USD 1.05 billion
Exact value

Exact value: 1049243000 USD

2021-04-04 – 2022-04-02: 1049243000 USD Inspect Operating Cash Flow Open source
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USD 213.47 million
Exact value

Exact value: 213466000 USD

2021-04-04 – 2022-04-02: 213466000 USD Inspect Capital Expenditure Open source
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USD 835.78 million
Calculation and evidence

1049243000 − 213466000 USD

Exact free cash flow: 835777000 USD

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2023 2022-04-03 – 2023-04-01
USD 103.15 million
Exact value

Exact value: 103152000 USD

2022-04-03 – 2023-04-01: 103152000 USD Inspect Net Income Open source
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USD 843.23 million
Exact value

Exact value: 843231000 USD

2022-04-03 – 2023-04-01: 843231000 USD Inspect Operating Cash Flow Open source
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USD 158.95 million
Exact value

Exact value: 158953000 USD

2022-04-03 – 2023-04-01: 158953000 USD Inspect Capital Expenditure Open source
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USD 684.28 million
Calculation and evidence

843231000 − 158953000 USD

Exact free cash flow: 684278000 USD

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2024 2023-04-02 – 2024-03-30
−USD 70.32 million
Exact value

Exact value: -70322000 USD

2023-04-02 – 2024-03-30: -70322000 USD Inspect Net Income Open source
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USD 833.19 million
Exact value

Exact value: 833189000 USD

2023-04-02 – 2024-03-30: 833189000 USD Inspect Operating Cash Flow Open source
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USD 127.23 million
Exact value

Exact value: 127230000 USD

2023-04-02 – 2024-03-30: 127230000 USD Inspect Capital Expenditure Open source
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USD 705.96 million
Calculation and evidence

833189000 − 127230000 USD

Exact free cash flow: 705959000 USD

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2025 2024-03-31 – 2025-03-29
USD 55.62 million
Exact value

Exact value: 55615000 USD

2024-03-31 – 2025-03-29: 55615000 USD Inspect Net Income Open source
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USD 622.2 million
Exact value

Exact value: 622202000 USD

2024-03-31 – 2025-03-29: 622202000 USD Inspect Operating Cash Flow Open source
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USD 137.6 million
Exact value

Exact value: 137600000 USD

2024-03-31 – 2025-03-29: 137600000 USD Inspect Capital Expenditure Open source
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USD 484.6 million
Calculation and evidence

622202000 − 137600000 USD

Exact free cash flow: 484602000 USD

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2026 2025-03-30 – 2026-03-28
USD 338.99 million
Exact value

Exact value: 338989000 USD

2025-03-30 – 2026-03-28: 338989000 USD Inspect Net Income Open source
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USD 808.63 million
Exact value

Exact value: 808631000 USD

2025-03-30 – 2026-03-28: 808631000 USD Inspect Operating Cash Flow Open source
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USD 129.07 million
Exact value

Exact value: 129070000 USD

2025-03-30 – 2026-03-28: 129070000 USD Inspect Capital Expenditure Open source
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USD 679.56 million
Calculation and evidence

808631000 − 129070000 USD

Exact free cash flow: 679561000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

102 filings · 6,008 latest values · 5,972 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001604778, 1604778, QRVO, edgar:1604778

Also known as Qorvo, Inc., ROCKY HOLDING, INC., Rocky Holding, Inc.