Qorvo (QRVO) Tax Provisions (2013 - 2026)
Qorvo (QRVO) reported Tax Provisions of -$8.0 million for Q1 2026, up 50.34% on a YoY basis from -$5.3 million in Q1 2025, and down 131.14% quarter-over-quarter from $25.7 million in Q4 2025.
Qorvo (QRVO) Tax Provisions (2013 - 2026) Analysis & Trends
Qorvo has reported Tax Provisions for 14 years, with the latest figure at -$8.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 50.34% year-over-year to -$8.0 million; the trailing twelve-month figure through Mar 2026 stood at $59.3 million (up 478.93% YoY), and the FY2026 full-year result was $59.3 million, up 476.47% from the prior year.
- Tax Provisions for Q1 2026 stood at -$8.0 million, down from $25.7 million in the prior quarter.
- The five-year high for Tax Provisions was $83.1 million in Q4 2023, with the low at -$60.6 million in Q2 2023.
- Historically, Tax Provisions has averaged $18.7 million across 5 years, with a median of $16.5 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 272.0% — and 2025, when it jumped 636.5%.
- Qorvo's Tax Provisions stood at $13.2 million in 2022, then surged by 531.65% to $83.1 million in 2023, then slumped by 90.82% to $7.6 million in 2024, then jumped by 237.59% to $25.7 million in 2025, then tumbled by 131.14% to -$8.0 million in 2026.
- The last three Tax Provisions figures came in at -$8.0 million (Q1 2026), $25.7 million (Q4 2025), and $35.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 11.60 Bn |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 820.00 Mn |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 2.37 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | 3.64 Bn |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 238.00 Mn |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | 335.00 Mn |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 169.00 Mn |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 48.80 Mn |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | -5.14 Bn |
| 10 | Qorvo | 9.10 Bn | 7.89 Bn | 395.02 Mn | -8.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | -8.02 Mn |
| Dec 27, 2025 | 25.74 Mn |
| Sep 27, 2025 | 35.49 Mn |
| Jun 28, 2025 | 6.10 Mn |
| Mar 29, 2025 | -16.14 Mn |
| Dec 28, 2024 | 7.63 Mn |
| Sep 28, 2024 | 19.90 Mn |
| Jun 29, 2024 | -1.14 Mn |
| Mar 30, 2024 | 26.78 Mn |
| Dec 30, 2023 | 83.10 Mn |
| Sep 30, 2023 | 42.06 Mn |
| Jul 1, 2023 | -8.10 Mn |
| Apr 1, 2023 | -60.60 Mn |
| Dec 31, 2022 | 13.16 Mn |
| Oct 1, 2022 | 58.26 Mn |
| Jul 2, 2022 | 10.70 Mn |
| Apr 2, 2022 | 35.23 Mn |
| Jan 1, 2022 | 67.00 Mn |
| Oct 2, 2021 | 32.60 Mn |
| Jul 3, 2021 | 13.00 Mn |