Symbols / QRVO Stock $104.73 +1.94% Qorvo, Inc.

Technology • Semiconductors • United States • NMS
QRVO (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Semiconductors
CEO Mr. Robert A. Bruggeworth
Exch · Country NMS · United States
Market Cap 9.22B
Enterprise Value 9.60B
Income 338.99M
Sales 3.68B
FCF (ttm) 556.70M
Book/sh 39.92
Cash/sh 13.85
Employees 5,200
Insider 10d —
IPO Jan 02, 2015
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 28.93
Forward P/E 13.39
PEG 1.03
P/S 2.51
P/B 2.62
P/C —
EV/EBITDA 11.80
EV/Sales 2.61
Quick Ratio 2.27
Current Ratio 3.24
Debt/Eq 48.03
LT Debt/Eq —
EPS (ttm) 3.62
EPS next Y 7.82
EPS Growth -5.60%
Revenue Growth -7.00%
EPS Gr Q/Q -5.20%
Rev Gr Q/Q —
Earnings (next) 2026-07-28
Earnings (prior) 2026-05-05
ROA 5.86%
ROE 10.06%
ROIC —
Gross Margin 46.20%
Oper. Margin 16.02%
Profit Margin 9.21%
Shs Outstand 88.01M
Shs Float 79.55M
Insider Own 1.52%
Instit Own 97.24%
Short Float 9.98%
Short Ratio 5.97
Short Interest 6.29M
52W High 109.49
vs 52W High -4.35%
52W Low 74.92
vs 52W Low 39.79%
Beta 1.42
Impl. Vol. 3.32%
Rel Volume 0.88
Avg Volume 1.21M
Volume 1.06M
Target (mean) $94.47
Tgt Median $98.00
Tgt Low $66.00
Tgt High $128.00
# Analysts 15
Recom Hold
Prev Close $102.74
Price $104.73
Change 1.94%
About

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency, analog mixed signal, and power management solutions for defense and aerospace markets, as well as offers compound semiconductor foundry services, wafer processing, advanced packaging and heterogeneous integration solutions. The CSG segment supplies connectivity and sensor solutions featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, and cellular solutions. It serves smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points markets. The ACG segment supplies cellular solutions for smartphones, wearables, laptops, tablets, and various other devices. It also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$94.47
Mean price target
2. Current target
$104.73
Latest analyst target
3. DCF / Fair value
$113.85
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$104.73
Low
$66.00
High
$128.00
Mean
$94.47

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-07 main Citigroup Neutral → Neutral $100
2026-05-06 main UBS Neutral → Neutral $100
2026-05-06 main JP Morgan Neutral → Neutral $100
2026-04-22 up Barclays Equal-Weight → Overweight $100
2026-04-20 down Mizuho Neutral → Underperform $66
2026-04-17 down Wolfe Research Outperform → Peer Perform —
2026-03-03 main Barclays Equal-Weight → Equal-Weight $95
2026-01-28 main JP Morgan Neutral → Neutral $85
2026-01-28 reit Benchmark Hold → Hold —
2026-01-28 main Citigroup Neutral → Neutral $90
2026-01-28 main Piper Sandler Overweight → Overweight $90
2026-01-28 main Mizuho Neutral → Neutral $70
2026-01-28 main Stifel Hold → Hold $85
2026-01-22 main Susquehanna Neutral → Neutral $90
2026-01-20 main UBS Neutral → Neutral $87
2025-11-11 up Mizuho Underperform → Neutral $93
2025-11-04 up JP Morgan Underweight → Neutral $105
2025-10-29 main UBS Neutral → Neutral $108
2025-10-29 down Benchmark Buy → Hold —
2025-10-29 up Citigroup Sell → Neutral $105
News
RSS: Latest QRVO news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-22 HARRISON GINA B Officer — 4,714 $100.00 $471,400
2026-05-22 FEGO PAUL J Officer — 2,500 $100.00 $250,000
2026-05-19 HARRISON GINA B Officer — 956 $95.00 $90,820
2026-05-18 CHESLEY PHILIP Officer — 14,640 $88.78 $1,305,175
2026-05-18 BROWN GRANT A. Chief Financial Officer — 15,739 $88.78 $1,403,824
2026-05-12 CHESLEY PHILIP Officer — 18,967 $0.00 $0
2026-05-12 BROWN GRANT A. Chief Financial Officer — 28,376 $0.00 $0
2026-05-12 STEWART FRANK P Officer — 16,047 $0.00 $0
2026-05-12 HARRISON GINA B Officer — 4,739 $0.00 $0
2026-05-12 CREVISTON STEVEN ERIC Officer — 21,810 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Total Revenue
3,678.52
-1.09%
3,718.97
-1.34%
3,769.51
+5.61%
3,569.40
Operating Revenue
3,678.52
-1.09%
3,718.97
-1.34%
3,769.51
+5.61%
3,569.40
Cost Of Revenue
1,990.41
-8.84%
2,183.38
-4.28%
2,281.01
+0.38%
2,272.46
Reconciled Cost Of Revenue
1,990.41
-8.84%
2,183.38
-4.28%
2,281.01
+0.38%
2,272.46
Gross Profit
1,688.10
+9.93%
1,535.59
+3.16%
1,488.49
+14.77%
1,296.94
Operating Expense
1,194.31
-4.26%
1,247.49
+6.14%
1,175.38
+6.72%
1,101.36
Research And Development
726.12
-2.89%
747.71
+9.59%
682.25
+4.99%
649.84
Selling General And Administration
380.67
-5.69%
403.62
+3.72%
389.14
+8.46%
358.79
Selling And Marketing Expense
215.49
-7.08%
231.91
+6.74%
217.27
+3.12%
210.69
General And Administrative Expense
165.19
-3.80%
171.71
-0.09%
171.87
+16.05%
148.10
Other Gand A
165.19
-3.80%
171.71
-0.09%
171.87
+16.05%
148.10
Other Operating Expenses
87.51
-8.99%
96.16
-7.53%
103.99
+12.14%
92.73
Total Expenses
3,184.72
-7.17%
3,430.88
-0.74%
3,456.39
+2.45%
3,373.82
Operating Income
493.79
+71.40%
288.10
-7.99%
313.12
+60.10%
195.58
Total Operating Income As Reported
411.42
+330.69%
95.53
+4.17%
91.70
-49.94%
183.17
EBITDA
733.80
+66.37%
441.06
-4.89%
463.74
-12.82%
531.94
Normalized EBITDA
816.16
+28.81%
633.63
-7.52%
685.15
+25.87%
544.35
Reconciled Depreciation
262.39
-11.60%
296.84
-7.51%
320.93
-5.29%
338.85
EBIT
471.41
+226.85%
144.23
+1.00%
142.81
-26.04%
193.09
Total Unusual Items
-82.37
+57.23%
-192.57
+13.03%
-221.41
-1684.01%
-12.41
Total Unusual Items Excluding Goodwill
-82.37
+57.23%
-192.57
+13.03%
-221.41
-1684.01%
-12.41
Special Income Charges
-82.37
+57.23%
-192.57
+13.03%
-221.41
-1684.01%
-12.41
Impairment Of Capital Assets
82.37
-57.23%
192.57
-13.03%
221.41
+1684.01%
12.41
Net Income
338.99
+509.53%
55.62
+179.09%
-70.32
-168.17%
103.15
Pretax Income
398.27
+504.37%
65.90
-10.41%
73.56
-40.98%
124.63
Net Non Operating Interest Income Expense
-73.13
+6.63%
-78.33
-13.12%
-69.25
-1.14%
-68.46
Interest Expense Non Operating
73.13
-6.63%
78.33
+13.12%
69.25
+1.14%
68.46
Net Interest Income
-73.13
+6.63%
-78.33
-13.12%
-69.25
-1.14%
-68.46
Interest Expense
73.13
-6.63%
78.33
+13.12%
69.25
+1.14%
68.46
Other Income Expense
-22.39
+84.44%
-143.87
+15.53%
-170.31
-6748.01%
-2.49
Other Non Operating Income Expenses
59.98
+23.17%
48.70
-4.70%
51.10
+414.95%
9.92
Tax Provision
59.28
+476.47%
10.28
-92.85%
143.88
+569.94%
21.48
Tax Rate For Calcs
0.00
-4.52%
0.00
-25.69%
0.00
+22.09%
0.00
Tax Effect Of Unusual Items
-12.27
+59.16%
-30.05
+35.37%
-46.50
-2078.16%
-2.13
Net Income Including Noncontrolling Interests
338.99
+509.53%
55.62
+179.09%
-70.32
-168.17%
103.15
Net Income From Continuing Operation Net Minority Interest
338.99
+509.53%
55.62
+179.09%
-70.32
-168.17%
103.15
Net Income From Continuing And Discontinued Operation
338.99
+509.53%
55.62
+179.09%
-70.32
-168.17%
103.15
Net Income Continuous Operations
338.99
+509.53%
55.62
+179.09%
-70.32
-168.17%
103.15
Normalized Income
409.09
+87.54%
218.13
+108.55%
104.60
-7.79%
113.43
Net Income Common Stockholders
338.99
+509.53%
55.62
+179.09%
-70.32
-168.17%
103.15
Diluted EPS
3.62
+524.14%
0.58
+179.01%
-0.73
-173.41%
1.00
Basic EPS
3.66
+520.34%
0.59
+180.37%
-0.73
-171.08%
1.03
Basic Average Shares
92.59
-2.11%
94.59
-1.27%
95.80
-2.89%
98.65
Diluted Average Shares
93.55
-1.99%
95.45
-2.16%
97.56
-5.30%
103.02
Diluted NI Availto Com Stockholders
338.99
+509.53%
55.62
+179.09%
-70.32
-168.17%
103.15
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Total Assets
5,825.59
-1.81%
5,933.13
-9.48%
6,554.64
-2.05%
6,691.90
Current Assets
2,306.31
+6.42%
2,167.28
-11.40%
2,446.03
+20.51%
2,029.79
Cash Cash Equivalents And Short Term Investments
1,219.02
+19.37%
1,021.18
-0.79%
1,029.26
+27.26%
808.76
Cash And Cash Equivalents
1,219.02
+19.37%
1,021.18
-0.79%
1,029.26
+27.26%
808.76
Receivables
398.68
+0.24%
397.74
-6.94%
427.39
+29.10%
331.05
Accounts Receivable
382.51
-1.09%
386.72
-6.35%
412.96
+35.61%
304.52
Gross Accounts Receivable
382.81
-1.09%
387.03
-6.35%
413.27
+35.55%
304.89
Allowance For Doubtful Accounts Receivable
-0.30
+2.59%
-0.31
+1.28%
-0.31
+15.18%
-0.37
Other Receivables
16.17
+46.71%
11.02
-23.59%
14.43
-45.63%
26.54
Inventory
553.72
-13.62%
640.99
-9.79%
710.55
-10.80%
796.60
Raw Materials
162.59
-11.97%
184.69
-8.45%
201.75
-23.69%
264.37
Work In Process
265.25
-17.83%
322.81
-7.02%
347.18
+0.47%
345.55
Finished Goods
125.88
-5.70%
133.48
-17.42%
161.63
-13.42%
186.68
Prepaid Assets
36.72
+11.94%
32.81
-19.12%
40.56
-13.11%
46.68
Assets Held For Sale Current
—
0.00
-100.00%
159.28
0.00
Other Current Assets
98.18
+31.68%
74.56
-5.62%
78.99
+69.14%
46.70
Total Non Current Assets
3,519.28
-6.55%
3,765.86
-8.34%
4,108.60
-11.87%
4,662.11
Net PPE
710.39
-11.41%
801.89
-7.93%
870.98
-24.25%
1,149.81
Gross PPE
2,491.56
-5.88%
2,647.26
+3.63%
2,554.57
-16.25%
3,050.12
Accumulated Depreciation
-1,781.17
+3.48%
-1,845.37
-9.61%
-1,683.59
+11.40%
-1,900.32
Properties
0.00
0.00
0.00
0.00
Land And Improvements
20.61
-10.56%
23.04
+0.00%
23.04
-10.85%
25.84
Buildings And Improvements
338.86
-7.43%
366.06
+3.40%
354.04
-23.68%
463.89
Machinery Furniture Equipment
2,027.41
-6.14%
2,159.94
+3.28%
2,091.27
-13.95%
2,430.31
Construction In Progress
104.69
+6.58%
98.22
+13.91%
86.23
-33.71%
130.09
Goodwill And Other Intangible Assets
2,474.73
-7.08%
2,663.22
-12.51%
3,043.98
-7.72%
3,298.52
Goodwill
2,353.23
-1.53%
2,389.74
-5.72%
2,534.60
-8.19%
2,760.81
Other Intangible Assets
121.51
-55.57%
273.48
-46.31%
509.38
-5.27%
537.70
Investments And Advances
16.30
-30.46%
23.43
+0.78%
23.25
+13.95%
20.41
Other Non Current Assets
317.86
+14.62%
277.31
+62.76%
170.38
-11.89%
193.38
Total Liabilities Net Minority Interest
2,481.29
-2.34%
2,540.82
-15.26%
2,998.26
+7.50%
2,789.11
Current Liabilities
712.76
-8.99%
783.18
-36.33%
1,230.09
+121.33%
555.76
Payables And Accrued Expenses
491.03
-10.50%
548.64
-6.97%
589.76
+36.15%
433.16
Payables
242.87
-6.83%
260.66
+3.03%
252.99
+20.07%
210.70
Accounts Payable
242.87
-6.83%
260.66
+3.03%
252.99
+20.07%
210.70
Current Accrued Expenses
248.16
-13.83%
287.98
-14.49%
336.77
+51.38%
222.46
Current Debt And Capital Lease Obligation
—
—
438.74
+141429.03%
0.31
Current Debt
—
—
438.74
+141429.03%
0.31
Other Current Borrowings
—
—
438.74
—
Other Current Liabilities
221.73
-5.46%
234.54
+16.35%
201.59
+64.84%
122.29
Total Non Current Liabilities Net Minority Interest
1,768.53
+0.62%
1,757.64
-0.60%
1,768.18
-20.83%
2,233.35
Long Term Debt And Capital Lease Obligation
1,549.15
0.00%
1,549.21
0.00%
1,549.27
-24.35%
2,048.07
Long Term Debt
1,549.15
0.00%
1,549.21
0.00%
1,549.27
-24.35%
2,048.07
Other Non Current Liabilities
219.38
+5.26%
208.42
-4.79%
218.90
+18.15%
185.27
Stockholders Equity
3,344.30
-1.42%
3,392.31
-4.61%
3,556.37
-8.88%
3,902.79
Common Stock Equity
3,344.30
-1.42%
3,392.31
-4.61%
3,556.37
-8.88%
3,902.79
Capital Stock
3,301.45
-3.78%
3,431.31
-6.02%
3,651.07
-4.46%
3,821.47
Common Stock
3,301.45
-3.78%
3,431.31
-6.02%
3,651.07
-4.46%
3,821.47
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
87.74
-5.57%
92.92
-3.00%
95.80
-2.89%
98.65
Ordinary Shares Number
87.74
-5.57%
92.92
-3.00%
95.80
-2.89%
98.65
Retained Earnings
38.79
+214.14%
-33.98
+62.07%
-89.60
-206.04%
84.50
Gains Losses Not Affecting Retained Earnings
4.06
+181.01%
-5.01
+1.65%
-5.10
-60.54%
-3.17
Other Equity Adjustments
4.06
+181.01%
-5.01
+1.65%
-5.10
-60.54%
-3.17
Total Equity Gross Minority Interest
3,344.30
-1.42%
3,392.31
-4.61%
3,556.37
-8.88%
3,902.79
Total Capitalization
4,893.45
-0.97%
4,941.53
-3.21%
5,105.64
-14.20%
5,950.87
Working Capital
1,593.56
+15.13%
1,384.09
+13.83%
1,215.95
-17.51%
1,474.03
Invested Capital
4,893.45
-0.97%
4,941.53
-10.87%
5,544.38
-6.84%
5,951.18
Total Debt
1,549.15
0.00%
1,549.21
-22.07%
1,988.01
-2.95%
2,048.38
Net Debt
330.14
-37.48%
528.04
-44.92%
958.75
-22.66%
1,239.63
Net Tangible Assets
869.57
+19.27%
729.09
+42.29%
512.39
-15.21%
604.28
Tangible Book Value
869.57
+19.27%
729.09
+42.29%
512.39
-15.21%
604.28
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Operating Cash Flow
808.63
+29.96%
622.20
-25.32%
833.19
-1.19%
843.23
Cash Flow From Continuing Operating Activities
808.63
+29.96%
622.20
-25.32%
833.19
-1.19%
843.23
Net Income From Continuing Operations
338.99
+509.53%
55.62
+179.09%
-70.32
-168.17%
103.15
Depreciation Amortization Depletion
262.39
-11.60%
296.84
-7.51%
320.93
-5.29%
338.85
Depreciation
151.34
-7.28%
163.22
-15.44%
193.03
-6.49%
206.42
Amortization Cash Flow
111.05
-16.89%
133.61
+4.47%
127.90
-3.42%
132.43
Depreciation And Amortization
262.39
-11.60%
296.84
-7.51%
320.93
-5.29%
338.85
Amortization Of Intangibles
111.05
-16.89%
133.61
+4.47%
127.90
-3.42%
132.43
Other Non Cash Items
-13.42
-141.99%
31.97
-59.29%
78.52
+210.37%
25.30
Stock Based Compensation
136.07
-0.20%
136.35
+12.84%
120.83
+14.45%
105.58
Asset Impairment Charge
82.37
-57.23%
192.57
-13.03%
221.41
-7.56%
239.51
Deferred Tax
-39.38
+53.52%
-84.74
-536.68%
19.41
+129.34%
-66.14
Deferred Income Tax
-39.38
+53.52%
-84.74
-536.68%
19.41
+129.34%
-66.14
Operating Gains Losses
—
—
35.26
—
Change In Working Capital
41.62
+751.01%
-6.39
-104.49%
142.40
+46.83%
96.98
Change In Receivables
3.15
-88.23%
26.81
+125.34%
-105.78
-139.95%
264.78
Changes In Account Receivables
3.15
-88.23%
26.81
+125.34%
-105.78
-139.95%
264.78
Change In Inventory
86.62
+376.23%
18.19
-80.42%
92.91
+214.07%
-81.45
Change In Prepaid Assets
-18.51
+23.98%
-24.35
-5.07%
-23.17
-153.59%
43.24
Change In Payables And Accrued Expense
-50.21
-30.08%
-38.60
-117.54%
220.12
+265.37%
-133.11
Change In Accrued Expense
-45.33
+0.99%
-45.78
-134.95%
130.98
+843.65%
-17.61
Change In Payable
-4.89
-168.07%
7.18
-91.95%
89.14
+177.18%
-115.50
Change In Account Payable
-4.89
-168.07%
7.18
-91.95%
89.14
+177.18%
-115.50
Change In Other Working Capital
0.94
+122.96%
-4.10
-147.26%
8.68
+126.12%
-33.24
Change In Other Current Liabilities
19.63
+25.32%
15.66
+131.10%
-50.35
-236.97%
36.76
Investing Cash Flow
-43.60
-219.27%
36.55
+126.79%
-136.47
+11.04%
-153.41
Cash Flow From Continuing Investing Activities
-43.60
-219.27%
36.55
+126.79%
-136.47
+11.04%
-153.41
Net PPE Purchase And Sale
-77.36
+40.74%
-130.54
-68.05%
-77.68
+50.55%
-157.11
Purchase Of PPE
-129.07
+6.20%
-137.60
-8.15%
-127.23
+19.96%
-158.95
Sale Of PPE
51.71
+632.55%
7.06
-85.75%
49.55
+2582.62%
1.85
Capital Expenditure
-129.07
+6.20%
-137.60
-8.15%
-127.23
+19.96%
-158.95
Net Business Purchase And Sale
21.47
-87.54%
172.33
+373.65%
-62.97
-66188.42%
-0.10
Purchase Of Business
0.00
+100.00%
-0.79
+99.05%
-82.97
-87241.05%
-0.10
Gain Loss On Sale Of Business
—
—
35.26
0.00
Net Other Investing Changes
12.29
+334.93%
-5.23
-224.94%
4.19
+10.39%
3.79
Financing Cash Flow
-566.53
+17.22%
-684.36
-48.91%
-459.57
+46.14%
-853.35
Cash Flow From Continuing Financing Activities
-566.53
+17.22%
-684.36
-48.91%
-459.57
+46.14%
-853.35
Net Issuance Payments Of Debt
0.00
+100.00%
-439.12
-653.10%
-58.31
0.00
Issuance Of Debt
—
—
0.00
0.00
Repayment Of Debt
0.00
+100.00%
-439.12
-653.10%
-58.31
0.00
Long Term Debt Issuance
—
—
0.00
0.00
Long Term Debt Payments
0.00
+100.00%
-439.12
-653.10%
-58.31
0.00
Net Long Term Debt Issuance
0.00
+100.00%
-439.12
-653.10%
-58.31
0.00
Net Common Stock Issuance
-497.06
-55.04%
-320.60
+11.71%
-363.14
+56.21%
-829.24
Common Stock Payments
-532.55
-49.45%
-356.34
+10.93%
-400.05
+53.58%
-861.75
Repurchase Of Capital Stock
-532.55
-49.45%
-356.34
+10.93%
-400.05
+53.58%
-861.75
Net Other Financing Charges
-69.47
-192.18%
75.36
+297.64%
-38.13
-58.15%
-24.11
Changes In Cash
198.50
+875.26%
-25.61
-110.80%
237.15
+245.02%
-163.53
Effect Of Exchange Rate Changes
-0.67
+73.11%
-2.48
-178.14%
3.17
+1057.70%
-0.33
Beginning Cash Position
1,021.18
-2.68%
1,049.26
+29.71%
808.94
-16.84%
972.80
End Cash Position
1,219.02
+19.37%
1,021.18
-2.68%
1,049.26
+29.71%
808.94
Free Cash Flow
679.56
+40.23%
484.60
-31.36%
705.96
+3.17%
684.28
Interest Paid Supplemental Data
73.17
-4.15%
76.34
+38.11%
55.27
-16.40%
66.11
Income Tax Paid Supplemental Data
24.74
-71.65%
87.26
-15.33%
103.06
-2.58%
105.79
Common Stock Issuance
35.49
-0.70%
35.74
-3.19%
36.92
+13.57%
32.51
Earnings Losses From Equity Investments
—
—
—
—
Issuance Of Capital Stock
35.49
-0.70%
35.74
-3.19%
36.92
+13.57%
32.51
Sale Of Business
21.47
-87.60%
173.12
+765.59%
20.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category