Qorvo revenue and financials

QRVO · NASDAQ · USD

$114.17Change from previous close: +1.75%Absolute change: +$1.96

Close · October 2, 2026

In the fiscal year ended March 2026, Qorvo reported revenue of $3.68B (−1.09% year over year). Net income was $338.99M, a net margin of 9.2%.

Annual revenue · 2026: $3.68B
  1. $3.03B2017
  2. $2.97B2018
  3. $3.09B2019
  4. $3.24B2020
  5. $4.02B2021
  6. $4.65B2022
  7. $3.57B2023
  8. $3.77B2024
  9. $3.72B2025
  10. $3.68B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−1.09%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+509.53%
FY to Mar 2026 vs FY to Mar 2025
Net margin
9.2%
FY to Mar 2025: 1.5%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022FY to Mar 2021FY to Mar 2020FY to Mar 2019FY to Mar 2018FY to Mar 2017
Operating cash flow8096228338431,0491,302946810853777
Depreciation and amortization151163193206211203222209174210
Capital expenditure-129-138-127-159-213-187-164-221-270-553
Investing cash flow-43.636.6-136-153-596—————
Financing cash flow-567-684-460-853-876—————
Share repurchases-533-356-400-862-1,152-515-515-638-220-209
Effect of exchange rates-0.7-2.53.2-0.3-3.3—————
Net change in cash198-28.1240-164-426—————
Free cash flow680485706684836—————
Levered free cash flow557751561570609—————