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 · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Operating cash flow13927626584.018319921412881.120249393.0
Depreciation and amortization50.162.765.566.767.570.873.876.176.281.878.979.3
Capital expenditure-24.1-21.2-28.5-41.8-37.5-28.5-37.8-33.0-38.2-32.7-26.4-28.6
Investing cash flow-22.818.14.3-32.7-33.395.6-7.1-34.8-17.2-1130.9-20.3
Financing cash flow-6.5-392-54.2-113-6.9-43.4-532-79.7-29.5-132-114-109
Share repurchases-10.3-403-18.0-86.4-57.2-50.7-101-104-132-101-101-120
Debt repaid——————-412—-26.7-40.4-17.9—
Effect of exchange rates-0.3-1.8-0.3-0.21.60.3-2.30.7-1.2-0.24.8-1.2
Net change in cash110-99.5215-62.2144252-32714.033.2-42.7385-37.6
Free cash flow11525523742.214517117694.842.917046764.4
Levered free cash flow98.8235156-15.617925412612623328.347829.2