Qorvo Financial Statements From 2010 to 2025

QRVO Stock  USD 72.02  1.00  1.37%   
Qorvo financial statements provide useful quarterly and yearly information to potential Qorvo Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Qorvo financial statements helps investors assess Qorvo's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Qorvo's valuation are summarized below:
Gross Profit
1.6 B
Profit Margin
0.0071
Market Capitalization
6.8 B
Enterprise Value Revenue
2.0049
Revenue
3.8 B
We have found one hundred twenty available trending fundamental ratios for Qorvo Inc, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Qorvo's recent fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.

Qorvo Total Revenue

4.55 Billion

Check Qorvo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Qorvo's main balance sheet or income statement drivers, such as Interest Expense of 83.6 M, Selling General Administrative of 286.1 M or Total Revenue of 4.6 B, as well as many indicators such as Price To Sales Ratio of 5.09, Dividend Yield of 0.0 or PTB Ratio of 1.77. Qorvo financial statements analysis is a perfect complement when working with Qorvo Valuation or Volatility modules.
  
Check out the analysis of Qorvo Correlation against competitors.

Qorvo Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.9 B7.5 B5.3 B
Slightly volatile
Other Current Liabilities577.7 M550.2 M219.1 M
Slightly volatile
Total Current Liabilities1.5 B1.4 B572.4 M
Slightly volatile
Total Stockholder Equity2.4 B4.1 B3.4 B
Slightly volatile
Accounts Payable305.5 M290.9 M205.4 M
Slightly volatile
Cash1.2 B1.2 B668.5 M
Slightly volatile
Other Assets233.5 M222.4 M112 M
Slightly volatile
Inventory858 M817.1 M475.5 M
Slightly volatile
Other Current Assets336.7 M320.7 M128.2 M
Slightly volatile
Total Liabilities3.6 B3.4 B1.8 B
Slightly volatile
Intangible Assets555.5 M585.8 M718.7 M
Very volatile
Common Stock2.5 B4.2 B3.6 B
Slightly volatile
Property Plant Equipment688.2 M1.3 B931.1 M
Slightly volatile
Other Liabilities223.7 M213.1 M134.2 M
Slightly volatile
Good Will3.1 B2.9 B1.9 B
Slightly volatile
Short and Long Term Debt Total1.4 B2.3 B1.1 B
Slightly volatile
Property Plant And Equipment Net1.1 B1.1 B930.9 M
Slightly volatile
Non Current Assets Total4.4 B4.7 B3.6 B
Slightly volatile
Cash And Short Term Investments796.3 M1.2 B689.1 M
Slightly volatile
Net Receivables386.8 M491.5 M336.6 M
Slightly volatile
Common Stock Shares Outstanding119.7 M112.2 M104.8 M
Slightly volatile
Liabilities And Stockholders Equity6.3 B7.5 B5.3 B
Slightly volatile
Non Current Liabilities Total1.4 BB1.2 B
Slightly volatile
Total Current Assets1.8 B2.8 B1.6 B
Slightly volatile
Net Tangible Assets967 M543.9 M984.7 M
Very volatile
Common Stock Total Equity3.6 B3.4 B3.7 B
Slightly volatile
Deferred Long Term Liabilities284.7 K299.7 K41.4 M
Pretty Stable
Long Term Investments36.4 M26.7 M27.4 M
Slightly volatile
Property Plant And Equipment Gross1.7 B2.9 B1.4 B
Slightly volatile
Short and Long Term Debt349.9 M394.9 M343.8 M
Very volatile
Short Term Debt208.2 M394.9 M278.5 M
Pretty Stable
Non Current Liabilities Other157.5 M251.7 M136 M
Slightly volatile
Long Term Debt Total1.6 B2.4 B1.4 B
Slightly volatile
Net Invested Capital3.2 BB4.8 B
Slightly volatile
Net Working Capital1.6 B1.4 B1.4 B
Pretty Stable
Capital Stock3.3 B3.3 B4.3 B
Slightly volatile

Qorvo Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative286.1 M447.5 M299.9 M
Slightly volatile
Total Revenue4.6 B4.3 B2.8 B
Slightly volatile
Gross Profit1.8 B1.7 B1.1 B
Slightly volatile
Research Development823.8 M784.6 M453.3 M
Slightly volatile
Cost Of Revenue2.8 B2.6 B1.7 B
Slightly volatile
Depreciation And Amortization464.5 M369.1 M377.8 M
Slightly volatile
Selling And Marketing Expenses507.7 M483.5 M326.3 M
Slightly volatile
Other Operating Expenses2.9 B4.2 B2.5 B
Slightly volatile
EBITDA773.4 M533.3 M615.6 M
Slightly volatile
Total Operating Expenses994.8 M1.6 B881 M
Slightly volatile
Interest IncomeM6.2 M12.8 M
Slightly volatile
Reconciled Depreciation379.8 M288.8 M562 M
Slightly volatile

Qorvo Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures152.6 M146.3 M184.7 M
Pretty Stable
Total Cash From Operating ActivitiesB958.2 M669.8 M
Slightly volatile
End Period Cash Flow699.2 M1.2 B644 M
Slightly volatile
Stock Based Compensation88.8 M139 M78.7 M
Slightly volatile
Free Cash Flow559.6 M811.9 M469.4 M
Slightly volatile
Begin Period Cash Flow661.3 M930.3 M567.3 M
Slightly volatile
Depreciation464.5 M369.1 M377.8 M
Slightly volatile
Issuance Of Capital Stock32.2 M33.2 M39.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.092.99293.0324
Slightly volatile
PTB Ratio1.771.86352.1961
Slightly volatile
Days Sales Outstanding52.1842.46640.0453
Pretty Stable
Book Value Per Share26.0237.804737.5271
Slightly volatile
Free Cash Flow Yield0.03690.06550.0464
Slightly volatile
Operating Cash Flow Per Share4.96.74887.0431
Slightly volatile
Stock Based Compensation To Revenue0.03210.02290.0294
Very volatile
Capex To Depreciation0.610.37780.6056
Slightly volatile
PB Ratio1.771.86352.1961
Slightly volatile
EV To Sales5.213.01213.2512
Slightly volatile
Free Cash Flow Per Share3.544.61274.2478
Slightly volatile
Inventory Turnover4.193.86753.7021
Slightly volatile
Days Of Inventory On Hand79.6594.3772102
Slightly volatile
Payables Turnover6.338.56779.3771
Very volatile
Sales General And Administrative To Revenue0.06240.07690.0584
Slightly volatile
Research And Ddevelopement To Revenue0.180.14970.1681
Slightly volatile
Capex To Revenue0.08270.09070.1094
Slightly volatile
Cash Per Share4.937.33086.2841
Slightly volatile
POCF Ratio9.9210.438911.6125
Pretty Stable
Capex To Operating Cash Flow0.410.31650.4369
Slightly volatile
PFCF Ratio14.5115.273125.4677
Slightly volatile
Days Payables Outstanding52.7842.60239.3853
Very volatile
EV To Operating Cash Flow9.9810.506112.4934
Pretty Stable
EV To Free Cash Flow14.615.371327.1096
Slightly volatile
Intangibles To Total Assets0.370.47550.5065
Slightly volatile
Net Debt To EBITDA0.06880.07241.2572
Slightly volatile
Current Ratio3.84.17833.5193
Very volatile
Tangible Book Value Per Share6.9813.78498.4175
Slightly volatile
Receivables Turnover6.378.59519.2363
Pretty Stable
Shareholders Equity Per Share26.0237.804737.5271
Slightly volatile
Debt To Equity0.240.20590.348
Slightly volatile
Capex Per Share1.352.13612.7947
Slightly volatile
Revenue Per Share19.6723.539328.703
Slightly volatile
Interest Debt Per Share8.238.255413.7397
Slightly volatile
Debt To Assets0.160.15410.2197
Slightly volatile
Enterprise Value Over EBITDA10.7611.324516.2538
Slightly volatile
Graham Number2.532.6624.4347
Slightly volatile
Short Term Coverage Ratios1.421.499545.664
Slightly volatile
Operating Cycle118137141
Slightly volatile
Price Book Value Ratio1.771.86352.1961
Slightly volatile
Days Of Payables Outstanding52.7842.60239.3853
Very volatile
Price To Operating Cash Flows Ratio9.9210.438911.6125
Pretty Stable
Price To Free Cash Flows Ratio14.5115.273125.4677
Slightly volatile
Pretax Profit Margin0.00550.00580.019
Slightly volatile
Effective Tax Rate3.523.34981.319
Pretty Stable
Company Equity Multiplier1.171.33631.4976
Slightly volatile
Long Term Debt To Capitalization0.180.17070.2435
Slightly volatile
Total Debt To Capitalization0.180.17070.2469
Slightly volatile
Debt Equity Ratio0.240.20590.348
Slightly volatile
Quick Ratio2.733.1082.3623
Very volatile
Dividend Paid And Capex Coverage Ratio2.993.15943.3979
Slightly volatile
Cash Ratio2.22.09851.4364
Slightly volatile
Cash Conversion Cycle79.2294.2413103
Slightly volatile
Operating Cash Flow Sales Ratio0.180.28670.2436
Slightly volatile
Days Of Inventory Outstanding79.6594.3772102
Slightly volatile
Days Of Sales Outstanding52.1842.46640.0453
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.50.68350.5575
Slightly volatile
Cash Flow Coverage Ratios0.830.8670.6302
Slightly volatile
Price To Book Ratio1.771.86352.1961
Slightly volatile
Fixed Asset Turnover3.532.1642.7259
Slightly volatile
Capital Expenditure Coverage Ratio2.993.15943.3979
Slightly volatile
Price Cash Flow Ratio9.9210.438911.6125
Pretty Stable
Enterprise Value Multiple10.7611.324516.2538
Slightly volatile
Debt Ratio0.160.15410.2197
Slightly volatile
Cash Flow To Debt Ratio0.830.8670.6302
Slightly volatile
Price Sales Ratio5.092.99293.0324
Slightly volatile
Asset Turnover0.660.4660.5098
Slightly volatile
Gross Profit Margin0.320.38570.3689
Slightly volatile
Price Fair Value1.771.86352.1961
Slightly volatile

Qorvo Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.4 B9.4 B10.3 B
Slightly volatile
Enterprise Value11.4 B11.9 B10.5 B
Slightly volatile

Qorvo Fundamental Market Drivers

Forward Price Earnings12.8041
Cash And Short Term InvestmentsB

Qorvo Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

About Qorvo Financial Statements

Qorvo investors utilize fundamental indicators, such as revenue or net income, to predict how Qorvo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue53.9 M61.2 M
Total Revenue4.3 B4.6 B
Cost Of Revenue2.6 B2.8 B
Stock Based Compensation To Revenue 0.02  0.03 
Sales General And Administrative To Revenue 0.08  0.06 
Research And Ddevelopement To Revenue 0.15  0.18 
Capex To Revenue 0.09  0.08 
Revenue Per Share 23.54  19.67 
Ebit Per Revenue(0.21)(0.20)

Pair Trading with Qorvo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Qorvo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Qorvo will appreciate offsetting losses from the drop in the long position's value.

Moving against Qorvo Stock

  0.7JKS JinkoSolar HoldingPairCorr
  0.31ENPH Enphase EnergyPairCorr
The ability to find closely correlated positions to Qorvo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qorvo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Qorvo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Qorvo Inc to buy it.
The correlation of Qorvo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Qorvo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qorvo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Qorvo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Qorvo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qorvo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qorvo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qorvo Inc Stock:
Check out the analysis of Qorvo Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qorvo. If investors know Qorvo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qorvo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
0.28
Revenue Per Share
39.76
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0276
The market value of Qorvo Inc is measured differently than its book value, which is the value of Qorvo that is recorded on the company's balance sheet. Investors also form their own opinion of Qorvo's value that differs from its market value or its book value, called intrinsic value, which is Qorvo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qorvo's market value can be influenced by many factors that don't directly affect Qorvo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qorvo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qorvo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qorvo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.