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 Dec2025
Revenue & cost
Revenue 288.52M256.00M316.32M362.67M397.09M634.89M673.64M708.34M620.68M608.07M698.54M864.70M826.35M642.99M640.83M821.58M845.74M665.38M692.67M884.44M832.33M680.88M775.60M806.70M869.07M787.77M787.45M1,060.29M1,094.83M1,072.73M1,110.35M1,255.25M1,113.96M1,166.16M1,035.36M1,158.06M743.28M632.70M651.16M1,103.49M1,073.86M940.99M886.67M1,046.51M916.32M869.47M818.78M1,058.50M992.96M
Cost of Revenue 181.00M156.72M174.05M195.22M206.38M446.01M394.12M423.49M389.69M353.87M422.06M547.90M515.71M411.40M404.45M500.56M508.81M412.74M455.94M530.93M493.97M414.31M481.31M483.12M500.96M451.99M461.66M568.74M557.08M544.25M564.17M633.70M565.86M595.82M660.11M619.13M475.23M517.99M422.09M613.80M685.98M559.13M554.37M601.20M524.90M502.91M486.98M561.41M528.77M
Gross Profit 107.52M99.28M142.27M167.45M190.70M188.89M279.52M284.85M230.99M254.20M276.48M316.80M310.64M231.60M236.38M321.02M336.93M252.64M236.73M353.51M338.36M266.57M294.29M323.58M368.11M335.78M325.79M491.55M537.75M528.48M546.18M621.55M548.09M570.34M375.25M538.93M268.05M114.71M229.07M489.69M387.88M381.86M332.30M445.31M391.42M366.56M331.80M497.09M464.19M
Operating items
Research & Development 50.38M49.36M44.59M48.57M48.87M115.48M117.21M118.29M105.99M107.27M117.14M126.08M111.95M115.67M116.50M111.40M106.41M110.80M110.90M116.75M109.98M112.85M118.92M115.61M122.85M127.03M130.07M156.34M136.70M147.28M152.08M158.38M154.44M158.75M168.57M168.16M149.47M163.64M163.09M174.95M164.33M179.88M187.60M201.05M179.13M179.93M179.24M198.42M178.07M
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-124.17M55.11M47.71M33.84M35.06M51.00M47.68M32.01M
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-16.40M4.19M8.71M10.00M6.70M7.33M15.64M57.07M3.01M11.45M33.58M267.80M8.69M59.62M178.20M296.16M84.99M186.88M125.43M123.35M71.47M93.30M61.98M
Operating Expenses 92.13M100.02M96.15M92.19M87.07M291.43M280.85M266.81M244.20M245.72M270.73M271.41M249.26M256.05M264.21M271.46M256.61M284.41M255.95M263.04M257.21M202.53M239.06M210.81M215.04M233.63M233.08M269.91M238.55M235.41M249.08M259.19M252.08M299.74M273.39M277.37M259.32M303.70M277.21M338.26M429.45M351.88M327.70M435.63M338.39M338.34M301.72M339.40M272.05M
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-41.57M29.98M4.61M9.68M53.02M28.22M30.09M157.68M192.14M
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-41.57M29.98M4.61M9.68M53.02M28.22M30.09M157.68M192.14M
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-5.06M2.21M5.56M7.21M13.72M5.21M15.36M16.82M11.77M15.42M14.53M6.99M20.39M15.89M15.69M
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-5.06M2.21M5.56M7.21M13.72M5.21M15.36M16.82M11.77M15.42M14.53M6.99M20.39M15.89M15.69M
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-0.72M2.50M48.90M15.22M31.68M155.09M189.80M
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-16.14M6.10M35.50M25.74M
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-17.43M41.27M31.36M25.59M119.60M164.06M
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-17.43M41.27M31.36M25.59M119.59M164.06M
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-17.43M41.27M31.36M25.59M119.59M164.06M
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-17.43M41.27M31.36M25.59M119.59M164.06M
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-17.43M41.27M31.36M25.59M119.59M164.06M
Additional items
EPS (Basic) 0.09-0.010.540.881.210.070.010.03-0.08-0.17-0.040.09-0.620.44-0.240.28-0.26-0.10-0.240.260.560.490.330.711.390.430.851.201.772.632.552.871.971.980.651.83-0.16-1.33-0.441.00-1.310.030.00-0.180.440.330.281.291.77
EPS (Weighted Average and Diluted) 0.09-0.010.520.851.180.070.010.03-0.08-0.17-0.040.09-0.620.44-0.240.27-0.26-0.10-0.240.250.550.480.330.701.360.420.831.181.742.582.512.841.951.960.651.82-0.16-1.33-0.440.99-1.310.030.00-0.180.430.330.271.281.75
Shares Outstanding (Weighted Average) 70.61M70.50M71.56M72.21M72.72M90.48M149.32M147.63M144.94M141.94M127.54M127.55M127.31M127.12M126.96M127.26M127.08M126.95M126.20M125.86M125.44M124.53M118.76M117.94M117.44M117.01M114.58M114.39M114.29M114.03M112.03M111.48M110.97M110.20M105.17M103.99M103.04M102.21M98.51M98.17M97.91M97.56M95.47M95.12M94.94M94.59M92.92M92.80M92.83M
Shares Outstanding (Diluted Average) 71.98M72.02M73.66M74.13M74.45M93.21M154.46M152.56M144.94M141.94M127.54M132.46M127.31M127.12M126.96M131.06M127.08M126.95M126.20M128.98M128.36M127.36M121.12M120.20M119.71M119.29M116.75M116.39M116.26M116.02M113.87M113.09M112.42M111.55M106.08M104.82M103.81M103.02M98.51M98.89M97.91M97.56M96.51M95.12M95.81M95.45M93.77M93.79M93.77M
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-41.57M29.98M4.61M9.68M53.02M28.22M30.09M157.68M192.14M
Interest Expenses 1.47M1.60M0.47M0.20M0.20M0.56M0.55M0.66M6.70M13.90M15.19M15.55M14.46M13.10M12.27M14.78M16.34M16.16M14.35M9.69M9.56M10.36M11.86M12.69M16.90M18.93M18.85M23.49M17.45M15.41M15.28M15.33M15.33M17.39M17.25M16.90M17.07M17.24M17.26M17.12M17.58M17.28M17.09M22.59M18.66M19.98M18.79M18.48M18.02M
Tax Rate 56.69%9.44%16.10%15.85%15.05%106.29%22.83%75.69%47.14%-790.15%41.30%60.14%276.60%249.95%23.95%-0.75%150.52%71.43%51.67%2.44%1.97%-22.51%12.61%18.64%11.92%22.04%0.10%31.59%10.07%-4.17%4.35%9.27%23.66%14.22%13.45%23.62%-475.68%30.46%15.68%30.18%-189.87%90.73%157.26%796.56%15.59%-106.04%19.25%22.89%13.56%