Qorvo Income Statement (2013-2025) | QRVO

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Income Statement Dec2013 Mar2014 Jun2014 Sep2014 Dec2014 Mar2015 Jun2015 Oct2015 Jan2016 Apr2016 Jul2016 Oct2016 Dec2016 Apr2017 Jul2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Oct2020 Jan2021 Apr2021 Jul2021 Oct2021 Jan2022 Apr2022 Jul2022 Oct2022 Dec2022 Apr2023 Jul2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & cost
Revenue 288.52M256.00M316.32M362.67M397.09M634.89M673.64M708.34M620.68M608.07M698.54M864.70M826.35M642.99M640.83M821.58M845.74M665.38M692.67M884.44M832.33M680.88M775.60M806.70M869.07M787.77M787.45M1,060.29M1,094.83M1,072.73M1,110.35M1,255.25M1,113.96M1,166.16M1,035.36M1,158.06M743.28M632.70M651.16M1,103.49M1,073.86M940.99M886.67M1,046.51M916.32M869.47M818.78M1,058.50M
Cost of Revenue 181.00M156.72M174.05M195.22M206.38M446.01M394.12M423.49M389.69M353.87M422.06M547.90M515.71M411.40M404.45M500.56M508.81M412.74M455.94M530.93M493.97M414.31M481.31M483.12M500.96M451.99M461.66M568.74M557.08M544.25M564.17M633.70M565.86M595.82M660.11M619.13M475.23M517.99M422.09M613.80M685.98M559.13M554.37M601.20M524.90M502.91M486.98M561.41M
Gross Profit 107.52M99.28M142.27M167.45M190.70M188.89M279.52M284.85M230.99M254.20M276.48M316.80M310.64M231.60M236.38M321.02M336.93M252.64M236.73M353.51M338.36M266.57M294.29M323.58M368.11M335.78M325.79M491.55M537.75M528.48M546.18M621.55M548.09M570.34M375.25M538.93M268.05M114.71M229.07M489.69M387.88M381.86M332.30M445.31M391.42M366.56M331.80M497.09M
Operating items
Research & Development 50.38M49.36M44.59M48.57M48.87M115.48M117.21M118.29M105.99M107.27M117.14M126.08M111.95M115.67M116.50M111.40M106.41M110.80M110.90M116.75M109.98M112.85M118.92M115.61M122.85M127.03M130.07M156.34M136.70M147.28M152.08M158.38M154.44M158.75M168.57M168.16M149.47M163.64M163.09M174.95M164.33M179.88M187.60M201.05M179.13M179.93M179.24M198.42M
Selling, General & Administrative 17.77M15.41M19.07M17.75M12.03M201.04M36.08M29.07M126.29M127.08M143.59M138.58M130.67M132.74M139.43M138.87M126.56M122.90M135.93M139.51M125.60M75.03M88.98M88.27M81.20M85.11M86.60M109.37M93.14M78.12M90.30M93.49M82.00M83.93M101.81M97.75M76.27M-127.74M105.42M103.70M86.91M-124.17M55.11M47.71M90.36M-141.33M51.00M47.68M
Other Operating Expenses -5.93M-16.96M-13.61M-6.70M-8.24M-30.92M-17.91M-13.52M-11.91M-11.37M-10.00M-6.75M-6.64M-7.64M-8.28M-21.19M-23.64M-50.72M-9.12M-6.78M-21.62M-14.65M-31.16M-6.93M-10.99M21.49M-16.40M4.19M8.71M10.00M6.70M7.33M15.64M57.07M3.01M11.45M33.58M267.80M8.69M59.62M178.20M296.16M84.99M186.88M68.91M299.74M71.47M93.30M
Operating Expenses 92.13M100.02M96.15M92.19M87.07M291.43M280.85M266.81M244.20M245.72M270.73M271.41M249.26M256.05M264.21M271.46M256.61M284.41M255.95M263.04M257.21M202.53M239.06M210.81M215.04M233.63M233.08M269.91M238.55M235.41M249.08M259.19M252.08M299.74M273.39M277.37M259.32M303.70M277.21M338.26M429.45M351.88M327.70M435.63M338.39M338.34M301.72M339.40M
Operating Income 15.39M-0.74M46.12M75.26M103.64M-102.55M-1.33M18.04M-13.21M8.48M5.74M45.39M61.38M-24.46M-27.83M49.56M80.32M-31.77M-19.21M90.48M81.16M64.05M55.23M112.77M153.07M102.15M92.71M221.64M299.20M293.07M297.10M362.36M296.01M270.60M101.86M261.56M8.73M-188.98M-48.14M151.43M-41.57M29.98M4.61M9.68M53.02M28.22M30.09M157.68M
EBIT 15.39M-0.74M46.12M75.26M103.64M-102.55M-1.33M18.04M-13.21M8.48M5.74M45.39M61.38M-24.46M-27.83M49.56M80.32M-31.77M-19.21M90.48M81.16M64.05M55.23M112.77M153.07M102.15M92.71M221.64M299.20M293.07M297.10M362.36M296.01M270.60M101.86M261.56M8.73M-188.98M-48.14M151.43M-41.57M29.98M4.61M9.68M53.02M28.22M30.09M157.68M
Non-operating items
Interest & Investment Income 0.05M0.05M0.04M0.04M0.19M0.19M0.39M0.47M0.52M0.69M0.28M0.19M0.23M0.51M0.77M1.06M2.21M2.98M3.39M1.58M2.81M3.18M2.95M2.29M2.87M3.95M1.19M1.27M0.47M
Other Non Operating Income 0.43M1.14M0.38M0.14M-0.20M-0.58M4.12M0.38M-0.64M2.56M-0.50M-0.31M-2.61M0.33M-0.93M-0.19M-0.76M1.28M-31.95M-49.53M-3.52M4.30M-1.11M-0.30M44.15M-10.47M23.14M1.92M-58.23M9.13M16.79M4.75M2.53M-5.74M-5.06M2.21M5.56M7.21M13.72M5.21M15.36M16.82M11.77M15.42M14.53M6.99M20.39M15.89M
Non Operating Income 0.43M1.14M0.38M0.14M-0.20M-0.58M4.12M0.38M-0.64M2.56M-0.50M-0.31M-2.61M0.33M-0.93M-0.19M-0.76M1.28M-31.95M-49.53M-3.52M4.30M-1.11M-0.30M44.15M-10.47M23.14M1.92M-58.23M9.13M16.79M4.75M2.53M-5.74M-5.06M2.21M5.56M7.21M13.72M5.21M15.36M16.82M11.77M15.42M14.53M6.99M20.39M15.89M
Net income details
EBT 14.40M-1.16M46.06M75.24M103.43M-103.49M2.63M18.23M-21.00M-2.72M-9.67M29.72M44.54M-37.29M-40.27M35.65M65.44M-43.68M-62.13M32.84M70.89M50.20M45.20M102.07M183.19M64.64M97.00M200.08M223.52M286.79M298.61M351.79M283.21M247.47M79.55M246.87M-2.77M-199.01M-51.68M139.52M-43.79M29.51M-0.72M2.50M48.90M15.22M31.68M155.09M
Tax Provisions 8.16M-0.11M7.42M11.93M15.57M-110.00M0.60M13.80M-9.90M21.50M-3.99M17.87M123.20M-93.20M-9.64M-0.27M98.50M-31.20M-32.10M0.80M1.40M-11.30M5.70M19.03M21.84M14.24M0.10M63.20M22.50M-11.95M13.00M32.60M67.00M35.19M10.70M58.30M13.20M-60.62M-8.10M42.10M83.15M26.78M-1.14M19.94M7.62M-16.14M6.10M35.50M
Profit After Tax 6.24M-1.05M38.65M63.31M87.86M6.48M2.04M4.45M-11.13M-24.20M-5.67M11.85M-78.64M55.91M-30.62M35.92M-33.08M-12.50M-29.99M32.08M69.52M61.52M39.54M83.04M161.36M50.39M96.92M136.92M201.03M298.74M285.63M319.19M216.26M212.28M68.88M188.62M-15.93M-138.42M-43.58M97.46M-126.94M2.73M0.41M-17.43M41.27M31.36M25.59M119.60M
Equity Income 1.92M4.03M
Income from Continuing Operations 6.24M-1.05M38.65M63.31M87.86M6.51M2.03M4.43M-11.10M-24.22M-5.67M11.85M-78.66M55.91M-30.62M35.92M-33.06M-12.48M-30.03M32.04M69.49M61.50M39.50M83.04M161.36M50.39M96.90M136.88M201.02M298.74M285.61M319.19M216.21M212.28M68.84M188.57M-15.97M-138.39M-43.58M97.42M-126.94M2.73M0.41M-17.43M41.27M31.36M25.59M119.59M
Consolidated Net Income 6.24M-1.05M38.65M63.31M87.86M6.51M2.03M4.43M-11.10M-24.22M-5.67M11.85M-78.66M55.91M-30.62M35.92M-33.06M-12.48M-30.03M32.04M69.49M61.50M39.50M83.04M161.36M50.39M96.90M136.88M201.02M298.74M285.61M319.19M216.21M212.28M68.84M188.57M-15.97M-138.39M-43.58M97.42M-126.94M2.73M0.41M-17.43M41.27M31.36M25.59M119.59M
Income towards Parent Company 6.24M-1.05M38.65M63.31M87.86M6.51M2.03M4.43M-11.10M-24.22M-5.67M11.85M-78.66M55.91M-30.62M35.92M-33.06M-12.48M-30.03M32.04M69.49M61.50M39.50M83.04M161.36M50.39M96.90M136.88M201.02M298.74M285.61M319.19M216.21M212.28M68.84M188.57M-15.97M-138.39M-43.58M97.42M-126.94M2.73M0.41M-17.43M41.27M31.36M25.59M119.59M
Net Income towards Common Stockholders 6.24M-1.05M38.65M63.31M87.86M6.51M2.03M4.43M-11.10M-24.22M-5.67M11.85M-78.66M55.91M-30.62M35.92M-33.06M-12.48M-30.03M32.04M69.49M61.50M39.50M83.04M161.36M50.39M96.90M136.88M201.02M298.74M285.61M319.19M216.21M212.28M68.84M188.57M-15.97M-138.39M-43.58M97.42M-126.94M2.73M0.41M-17.43M41.27M31.36M25.59M119.59M
Additional items
EPS (Basic) 0.09-0.010.540.881.210.040.010.03-0.08-0.18-0.040.09-0.620.44-0.240.28-0.26-0.10-0.240.260.560.510.330.711.390.440.851.201.772.632.552.871.971.980.651.83-0.16-1.33-0.441.00-1.310.030.00-0.180.440.330.281.29
EPS (Weighted Average and Diluted) 0.09-0.010.520.851.180.040.010.03-0.08-0.18-0.040.09-0.620.43-0.240.27-0.26-0.10-0.240.250.550.500.330.701.360.430.831.181.742.582.512.841.951.960.651.82-0.16-1.33-0.440.99-1.310.030.00-0.180.430.330.271.28
Shares Outstanding (Weighted Average) 0.50M0.50M0.50M148.47M149.43M149.53M141.34M137.10M127.53M127.90M127.73M126.45M127.10M127.27M127.15M126.49M126.49M125.64M124.91M122.79M119.15M117.78M116.17M115.68M114.73M114.24M114.05M113.26M112.59M111.14M110.22M108.43M106.03M103.20M101.39M99.89M98.74M97.91M97.35M96.55M95.63M94.86M94.53M93.40M93.03M92.65M
Shares Outstanding (Diluted Average) 71.98M72.02M73.66M74.13M74.45M93.21M154.46M152.56M144.94M141.94M127.54M132.46M127.31M127.12M126.96M131.06M127.08M126.95M126.20M128.98M128.36M127.36M121.12M120.20M119.71M119.29M116.75M116.39M116.26M116.02M113.87M113.09M112.42M111.55M106.08M104.82M103.81M103.02M98.51M98.89M97.91M97.56M96.51M95.12M95.81M95.45M93.77M93.79M
EBITDA 15.39M-0.74M46.12M75.26M103.64M-102.55M-1.33M18.04M-13.21M8.48M5.74M45.39M61.38M-24.46M-27.83M49.56M80.32M-31.77M-19.21M90.48M81.16M64.05M55.23M112.77M153.07M102.15M92.71M221.64M299.20M293.07M297.10M362.36M296.01M270.60M101.86M261.56M8.73M-188.98M-48.14M151.43M-41.57M29.98M4.61M9.68M53.02M28.22M30.09M157.68M
Interest Expenses 1.47M1.60M0.47M0.20M0.20M0.56M0.55M0.66M6.70M13.90M15.19M15.55M14.46M13.10M12.27M14.78M16.34M16.16M14.35M9.69M9.56M10.36M11.86M12.69M16.90M18.93M18.85M23.49M17.45M15.41M15.28M15.33M15.33M17.39M17.25M16.90M17.07M17.24M17.26M17.12M17.58M17.28M17.09M22.59M18.66M19.98M18.79M18.48M
Tax Rate 56.69%9.44%16.10%15.85%15.05%22.83%75.69%47.14%41.30%60.14%23.95%71.43%51.67%2.44%1.97%12.61%18.64%11.92%22.04%0.10%31.59%10.07%4.35%9.27%23.66%14.22%13.45%23.62%30.46%15.68%30.18%90.73%15.59%19.25%22.89%