Qorvo (QRVO) Amortization of Goodwill (2023 - 2024)
Qorvo (QRVO) posted Amortization of Goodwill of $96.5 million for Q3 2024, down 44.35% quarter-over-quarter from $173.4 million in Q4 2023, and up 101.04% year-on-year from $48.0 million in Q3 2023.
Qorvo (QRVO) Amortization of Goodwill (2023 - 2024) Analysis & Trends
Qorvo (QRVO) has reported Amortization of Goodwill for 2 consecutive years, with $96.5 million the latest figure, recorded in Q3 2024.
- Amortization of Goodwill for Q3 2024 came in at $96.5 million, up 101.04% year-over-year; the trailing twelve-month figure through Dec 2024 was $269.9 million (up 15.44% YoY), and the FY2024 annual result was $221.4 million, up 1685.6% from the prior year.
- Amortization of Goodwill was $96.5 million for Q3 2024 at Qorvo, down from $173.4 million in the prior quarter.
- Over five years, Amortization of Goodwill peaked at $173.4 million in Q4 2023 and troughed at $12.4 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn |
| 10 | Qorvo | 8.41 Bn | 7.20 Bn | 395.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 28, 2024 | 96.50 Mn |
| Sep 28, 2024 | 96.50 Mn |
| Dec 30, 2023 | 173.41 Mn |
| Dec 30, 2023 | 173.41 Mn |
| Sep 30, 2023 | 48.00 Mn |
| Sep 30, 2023 | 48.00 Mn |
| Apr 1, 2023 | 12.40 Mn |
| Apr 1, 2023 | 12.40 Mn |