QRVO
Income statement / Annual
Last year (2024), Qorvo, Inc.'s total revenue was $3.77 B,
an increase of 5.61% from the previous year.
In 2024, Qorvo, Inc.'s net income was -$70.32 M.
See Qorvo, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
03/30/2024 |
04/01/2023 |
04/02/2022 |
04/03/2021 |
03/28/2020 |
03/30/2019 |
03/31/2018 |
04/01/2017 |
04/02/2016 |
03/28/2015 |
| Operating Revenue |
$3.77 B
|
$3.57 B
|
$4.65 B
|
$4.02 B
|
$3.24 B
|
$3.09 B
|
$2.97 B
|
$3.03 B
|
$2.61 B
|
$1.71 B
|
| Cost of Revenue |
$2.28 B |
$2.27 B |
$2.36 B |
$2.13 B |
$1.92 B |
$1.90 B |
$1.83 B |
$1.90 B |
$1.56 B |
$1.02 B |
| Gross Profit |
$1.49 B |
$1.30 B |
$2.29 B |
$1.88 B |
$1.32 B |
$1.20 B |
$1.15 B |
$1.14 B |
$1.05 B |
$689.31 M |
| Gross Profit Ratio |
0.39 |
0.36 |
0.49 |
0.47 |
0.41 |
0.39 |
0.39 |
0.37 |
0.4 |
0.4 |
| Research and Development
Expenses |
$682.25 M
|
$649.84 M
|
$623.64 M
|
$570.40 M
|
$484.41 M
|
$450.48 M
|
$445.10 M
|
$470.84 M
|
$448.76 M
|
$257.49 M
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$113.63 M
|
$85.23 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$420.47 M
|
$164.66 M
|
| Selling, General &
Administrative Expenses |
$389.14 M
|
$358.79 M
|
$349.72 M
|
$367.24 M
|
$343.57 M
|
$476.07 M
|
$527.75 M
|
$545.59 M
|
$534.10 M
|
$249.89 M
|
| Other Expenses |
-$325.41 M |
$105.14 M |
$86.75 M |
$39.31 M |
$70.56 M |
$52.16 M |
$103.83 M |
-$1.88 M |
$6.42 M |
-$1.23 M |
| Operating Expenses |
$1.40 B |
$1.11 B |
$1.06 B |
$976.94 M |
$898.55 M |
$978.72 M |
$1.08 B |
$1.05 B |
$1.04 B |
$566.84 M |
| Cost And Expenses |
$3.40 B |
$3.39 B |
$3.42 B |
$3.11 B |
$2.82 B |
$2.87 B |
$2.90 B |
$2.94 B |
$2.60 B |
$1.59 B |
| Interest Income |
$69.25 M |
$21.10 M |
$60.63 M |
$75.20 M |
$12.07 M |
$10.97 M |
$7.02 M |
$1.21 M |
$2.07 M |
$450,000.00 |
| Interest Expense |
$69.25 M |
$68.46 M |
$63.33 M |
$75.20 M |
$60.39 M |
$43.96 M |
$59.55 M |
$58.88 M |
$23.32 M |
$1.42 M |
| Depreciation &
Amortization |
$320.93 M
|
$338.85 M
|
$361.42 M
|
$456.10 M
|
$468.93 M
|
$663.10 M
|
$714.22 M
|
$704.58 M
|
$674.95 M
|
$216.99 M
|
| EBITDA |
$685.15 M
|
$193.09 M
|
$1.24 B
|
$882.58 M
|
$455.48 M
|
$135.76 M
|
$76.69 M
|
$86.18 M
|
$695.41 M
|
$122.47 M
|
| EBITDA Ratio |
0.18 |
0.05 |
0.27 |
0.22 |
0.14 |
0.04 |
0.03 |
0.03 |
0.27 |
0.07 |
| Operating Income Ratio
|
0.02
|
0.05
|
0.19
|
0.11
|
-0
|
0.06
|
-0.21
|
0.03
|
0
|
0.07
|
| Total Other
Income/Expenses Net |
-$18.14 M
|
-$58.54 M
|
$298.09 M
|
$380.91 M
|
$408.54 M
|
$619.13 M
|
$654.67 M
|
-$1.88 M
|
$6.42 M
|
-$1.23 M
|
| Income Before Tax |
$73.56 M |
$124.63 M |
$1.18 B |
$807.38 M |
$395.09 M |
$91.79 M |
$17.15 M |
$27.31 M |
-$2.86 M |
$121.24 M |
| Income Before Tax Ratio
|
0.02
|
0.03
|
0.25
|
0.2
|
0.12
|
0.03
|
0.01
|
0.01
|
-0
|
0.07
|
| Income Tax Expense |
$143.88 M |
$21.48 M |
$147.73 M |
$73.77 M |
$60.76 M |
-$41.33 M |
$57.43 M |
$43.86 M |
$25.98 M |
-$75.06 M |
| Net Income |
-$70.32 M |
$103.15 M |
$1.03 B |
$733.61 M |
$334.33 M |
$133.13 M |
-$40.29 M |
-$16.56 M |
-$28.85 M |
$196.30 M |
| Net Income Ratio |
-0.02 |
0.03 |
0.22 |
0.18 |
0.1 |
0.04 |
-0.01 |
-0.01 |
-0.01 |
0.11 |
| EPS |
-0.72 |
1.01 |
9.38 |
6.43 |
2.86 |
1.07 |
-0.32 |
-0.13 |
-0.2 |
1.32 |
| EPS Diluted |
-0.72 |
1 |
9.26 |
6.32 |
2.8 |
1.05 |
-0.32 |
-0.13 |
-0.2 |
1.32 |
| Weighted Average Shares
Out |
$97.56 M
|
$102.21 M
|
$110.20 M
|
$114.03 M
|
$117.01 M
|
$124.53 M
|
$126.32 M
|
$126.46 M
|
$141.94 M
|
$149.06 M
|
| Weighted Average Shares
Out Diluted |
$97.56 M
|
$103.02 M
|
$111.55 M
|
$116.02 M
|
$119.29 M
|
$127.36 M
|
$126.95 M
|
$127.12 M
|
$141.94 M
|
$149.06 M
|
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