EdgarLookup

Qorvo, Inc. — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that Qorvo, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
1.5%
Profit Margin
Net income ÷ revenue
0.9%
Return on Assets
Net income ÷ assets
0.75x
Debt-to-Equity
Total liabilities ÷ equity
-1.3%
Revenue Growth
Year over year

Revenue

Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $3.72B May 19, 2025
FY2025 Mar 30, 2024 $3.77B May 19, 2025
FY2025 Apr 1, 2023 $3.57B May 19, 2025
FY2024 Apr 2, 2022 $4.65B May 20, 2024
FY2023 Apr 3, 2021 $4.02B May 19, 2023
FY2020 Mar 28, 2020 $787.77M May 20, 2020
FY2020 Dec 28, 2019 $869.07M May 20, 2020
FY2020 Sep 28, 2019 $806.70M May 20, 2020
FY2020 Jun 29, 2019 $775.60M May 20, 2020
FY2020 Mar 30, 2019 $680.88M May 20, 2020

Revenue (Net Sales)

Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.

Fiscal Year Period End Value Filed
FY2018 Mar 31, 2018 $665.38M May 21, 2018
FY2018 Dec 30, 2017 $845.74M May 21, 2018
FY2018 Sep 30, 2017 $821.58M May 21, 2018
FY2018 Jul 1, 2017 $640.83M May 21, 2018
FY2018 Apr 1, 2017 $642.99M May 21, 2018
FY2018 Dec 31, 2016 $826.35M May 21, 2018
FY2018 Oct 1, 2016 $864.70M May 21, 2018
FY2018 Jul 2, 2016 $698.54M May 21, 2018
FY2016 Apr 2, 2016 $608.07M May 31, 2016
FY2016 Jan 2, 2016 $620.68M May 31, 2016

Gross Profit

Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $1.54B May 19, 2025
FY2025 Mar 30, 2024 $1.49B May 19, 2025
FY2025 Apr 1, 2023 $1.30B May 19, 2025
FY2024 Apr 2, 2022 $2.29B May 20, 2024
FY2023 Apr 3, 2021 $1.88B May 19, 2023
FY2020 Mar 28, 2020 $335.78M May 20, 2020
FY2020 Dec 28, 2019 $368.11M May 20, 2020
FY2020 Sep 28, 2019 $323.58M May 20, 2020
FY2020 Jun 29, 2019 $294.29M May 20, 2020
FY2020 Mar 30, 2019 $266.57M May 20, 2020

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $55.62M May 19, 2025
FY2025 Mar 30, 2024 ($70.32M) May 19, 2025
FY2025 Apr 1, 2023 $103.15M May 19, 2025
FY2024 Apr 2, 2022 $1.03B May 20, 2024
FY2023 Apr 3, 2021 $733.61M May 19, 2023
FY2020 Mar 28, 2020 $50.39M May 20, 2020
FY2020 Dec 28, 2019 $161.36M May 20, 2020
FY2020 Sep 28, 2019 $83.04M May 20, 2020
FY2020 Jun 29, 2019 $39.54M May 20, 2020
FY2020 Mar 30, 2019 $61.52M May 20, 2020

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $95.53M May 19, 2025
FY2025 Mar 30, 2024 $91.70M May 19, 2025
FY2025 Apr 1, 2023 $183.17M May 19, 2025
FY2024 Apr 2, 2022 $1.23B May 20, 2024
FY2023 Apr 3, 2021 $906.63M May 19, 2023
FY2022 Mar 28, 2020 $423.22M May 20, 2022
FY2021 Mar 30, 2019 $216.47M May 24, 2021
FY2019 Jun 30, 2018 ($19.22M) Aug 2, 2018
FY2020 Mar 31, 2018 $70.28M May 20, 2020
FY2019 Jul 1, 2017 ($27.83M) Aug 2, 2018

R&D Expense

Spending on research and development activities — developing new products, improving existing ones, or conducting basic research. High R&D relative to revenue is common in technology and pharmaceutical companies.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $747.71M May 19, 2025
FY2025 Mar 30, 2024 $682.25M May 19, 2025
FY2025 Apr 1, 2023 $649.84M May 19, 2025
FY2024 Apr 2, 2022 $623.64M May 20, 2024
FY2023 Apr 3, 2021 $570.40M May 19, 2023
FY2022 Mar 28, 2020 $484.41M May 20, 2022
FY2021 Mar 30, 2019 $450.48M May 24, 2021
FY2019 Jun 30, 2018 $110.90M Aug 2, 2018
FY2020 Mar 31, 2018 $445.10M May 20, 2020
FY2019 Jul 1, 2017 $116.50M Aug 2, 2018

SG&A Expense

Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.

Fiscal Year Period End Value Filed
FY2024 Mar 30, 2024 $389.14M May 20, 2024
FY2024 Apr 1, 2023 $358.79M May 20, 2024
FY2024 Apr 2, 2022 $349.72M May 20, 2024
FY2023 Apr 3, 2021 $367.24M May 19, 2023
FY2022 Mar 28, 2020 $343.57M May 20, 2022
FY2021 Mar 30, 2019 $476.07M May 24, 2021
FY2019 Jun 30, 2018 $135.93M Aug 2, 2018
FY2020 Mar 31, 2018 $527.75M May 20, 2020
FY2019 Jul 1, 2017 $139.43M Aug 2, 2018
FY2018 Apr 1, 2017 $545.59M May 21, 2018

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $622.20M May 19, 2025
FY2025 Mar 30, 2024 $833.19M May 19, 2025
FY2025 Apr 1, 2023 $843.23M May 19, 2025
FY2024 Apr 2, 2022 $1.05B May 20, 2024
FY2023 Apr 3, 2021 $1.30B May 19, 2023
FY2022 Mar 28, 2020 $945.65M May 20, 2022
FY2021 Mar 30, 2019 $810.36M May 24, 2021
FY2019 Jun 30, 2018 $75.26M Aug 2, 2018
FY2020 Mar 31, 2018 $852.52M May 20, 2020
FY2019 Jul 1, 2017 $103.64M Aug 2, 2018

Capital Expenditures (Capex)

Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $137.60M May 19, 2025
FY2025 Mar 30, 2024 $127.23M May 19, 2025
FY2025 Apr 1, 2023 $158.95M May 19, 2025
FY2024 Apr 2, 2022 $213.47M May 20, 2024
FY2023 Apr 3, 2021 $186.96M May 19, 2023
FY2022 Mar 28, 2020 $164.10M May 20, 2022
FY2021 Mar 30, 2019 $220.94M May 24, 2021
FY2019 Jun 30, 2018 $43.56M Aug 2, 2018
FY2020 Mar 31, 2018 $269.84M May 20, 2020
FY2019 Jul 1, 2017 $124.43M Aug 2, 2018

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $5.93B May 19, 2025
FY2025 Mar 30, 2024 $6.55B May 19, 2025
FY2024 Apr 1, 2023 $6.69B May 20, 2024
FY2023 Apr 2, 2022 $7.51B May 19, 2023
FY2022 Apr 3, 2021 $7.22B May 20, 2022
FY2021 Mar 28, 2020 $6.56B May 24, 2021
FY2020 Mar 30, 2019 $5.81B May 20, 2020
FY2019 Jun 30, 2018 $5.78B Aug 2, 2018
FY2019 Mar 31, 2018 $6.38B Aug 2, 2018
FY2018 Apr 1, 2017 $6.52B May 21, 2018

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $2.54B May 19, 2025
FY2025 Mar 30, 2024 $3.00B May 19, 2025
FY2024 Apr 1, 2023 $2.79B May 20, 2024
FY2023 Apr 2, 2022 $2.96B May 19, 2023
FY2022 Apr 3, 2021 $2.59B May 20, 2022
FY2021 Mar 28, 2020 $2.27B May 24, 2021
FY2020 Mar 30, 2019 $1.45B May 20, 2020
FY2019 Jun 30, 2018 $1.10B Aug 2, 2018
FY2019 Mar 31, 2018 $1.61B Aug 2, 2018
FY2018 Apr 1, 2017 $1.63B May 21, 2018

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $3.39B May 19, 2025
FY2025 Mar 30, 2024 $3.56B May 19, 2025
FY2025 Apr 1, 2023 $3.90B May 19, 2025
FY2025 Apr 2, 2022 $4.55B May 19, 2025
FY2024 Apr 3, 2021 $4.63B May 20, 2024
FY2023 Mar 28, 2020 $4.29B May 19, 2023
FY2022 Mar 30, 2019 $4.36B May 20, 2022
FY2019 Jun 30, 2018 $4.68B Aug 2, 2018
FY2021 Mar 31, 2018 $4.78B May 24, 2021
FY2020 Apr 1, 2017 $4.90B May 20, 2020

Goodwill

An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $2.39B May 19, 2025
FY2025 Mar 30, 2024 $2.53B May 19, 2025
FY2024 Apr 1, 2023 $2.76B May 20, 2024
FY2023 Apr 2, 2022 $2.78B May 19, 2023
FY2022 Apr 3, 2021 $2.64B May 20, 2022
FY2021 Mar 28, 2020 $2.61B May 24, 2021
FY2020 Mar 30, 2019 $2.17B May 20, 2020
FY2019 Jun 30, 2018 $2.17B Aug 2, 2018
FY2019 Mar 31, 2018 $2.17B Aug 2, 2018
FY2018 Apr 1, 2017 $2.17B May 21, 2018

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 ($33.98M) May 19, 2025
FY2025 Mar 30, 2024 ($89.60M) May 19, 2025
FY2025 Apr 1, 2023 $84.50M May 19, 2025
FY2025 Apr 2, 2022 $512.14M May 19, 2025
FY2024 Apr 3, 2021 $355.04M May 20, 2024
FY2023 Mar 28, 2020 $0 May 19, 2023
FY2022 Mar 30, 2019 ($321.15M) May 20, 2022
FY2019 Jun 30, 2018 ($484.27M) Aug 2, 2018
FY2021 Mar 31, 2018 ($458.77M) May 24, 2021
FY2020 Apr 1, 2017 ($456.37M) May 20, 2020

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $1.02B May 19, 2025
FY2025 Mar 30, 2024 $1.03B May 19, 2025
FY2025 Apr 1, 2023 $808.76M May 19, 2025
FY2024 Apr 2, 2022 $972.59M May 20, 2024
FY2023 Apr 3, 2021 $1.40B May 19, 2023
FY2022 Mar 28, 2020 $714.94M May 20, 2022
FY2021 Mar 30, 2019 $711.04M May 24, 2021
FY2019 Jun 30, 2018 $334.04M Aug 2, 2018
FY2019 Mar 31, 2018 $926.04M Aug 2, 2018
FY2018 Apr 1, 2017 $545.46M May 21, 2018

Long-Term Debt

Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 $1.55B May 19, 2025
FY2025 Mar 30, 2024 $1.55B May 19, 2025
FY2024 Apr 1, 2023 $2.05B May 20, 2024
FY2023 Apr 2, 2022 $2.05B May 19, 2023
FY2022 Apr 3, 2021 $1.74B May 20, 2022
FY2021 Mar 28, 2020 $1.57B May 24, 2021
FY2020 Mar 30, 2019 $920.94M May 20, 2020
FY2019 Jun 30, 2018 $558.28M Aug 2, 2018
FY2019 Mar 31, 2018 $983.29M Aug 2, 2018
FY2018 Apr 1, 2017 $989.15M May 21, 2018

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 0 May 19, 2025
FY2025 Mar 30, 2024 0 May 19, 2025
FY2025 Apr 1, 2023 1 May 19, 2025
FY2024 Apr 2, 2022 9 May 20, 2024
FY2023 Apr 3, 2021 6 May 19, 2023
FY2020 Mar 28, 2020 0 May 20, 2020
FY2020 Dec 28, 2019 1 May 20, 2020
FY2020 Sep 28, 2019 0 May 20, 2020
FY2020 Jun 29, 2019 0 May 20, 2020
FY2020 Mar 30, 2019 0 May 20, 2020

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 0 May 19, 2025
FY2025 Mar 30, 2024 0 May 19, 2025
FY2025 Apr 1, 2023 1 May 19, 2025
FY2024 Apr 2, 2022 9 May 20, 2024
FY2023 Apr 3, 2021 6 May 19, 2023
FY2020 Mar 28, 2020 0 May 20, 2020
FY2020 Dec 28, 2019 1 May 20, 2020
FY2020 Sep 28, 2019 0 May 20, 2020
FY2020 Jun 29, 2019 0 May 20, 2020
FY2020 Mar 30, 2019 0 May 20, 2020

Shares Outstanding

Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.

Fiscal Year Period End Value Filed
FY2025 Mar 29, 2025 92.92M May 19, 2025
FY2025 Mar 30, 2024 95.80M May 19, 2025
FY2025 Apr 1, 2023 98.65M May 19, 2025
FY2025 Apr 2, 2022 106.30M May 19, 2025
FY2024 Apr 3, 2021 112.56M May 20, 2024
FY2023 Mar 28, 2020 114.63M May 19, 2023
FY2022 Mar 30, 2019 119.06M May 20, 2022
FY2019 Jun 30, 2018 125.60M Aug 2, 2018
FY2021 Mar 31, 2018 126.32M May 24, 2021
FY2020 Apr 1, 2017 126.46M May 20, 2020