Income Statement - Qorvo, Inc. (QRVO)
$(Billion, Million)| Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 | Mar-15 | Mar-14 | Mar-13 | Mar-12 | Mar-11 | Mar-10 | Mar-09 | Mar-08 | Mar-07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,678.52 | 3,718.97 | 3,769.51 | 3,569.40 | 4,645.71 | 4,015.31 | 3,239.14 | 3,090.33 | 2,973.54 | 3,032.57 | 2,610.73 | 1,710.97 | 1,148.23 | 964.15 | 871.35 | 1,051.76 | 978.39 | 886.51 | 956.27 | 1,023.62 |
| Cost of revenue | 1,990.42 | 2,183.38 | 2,281.01 | 2,272.46 | 2,359.55 | 2,131.74 | 1,917.38 | 1,895.14 | 1,826.57 | 1,897.06 | 1,561.17 | 1,021.66 | 743.30 | 658.33 | 506.25 | 580.54 | 531.87 | 557.06 | 586.12 | 593.25 |
| Gross profit | 1,688.10 | 1,535.59 | 1,488.50 | 1,296.94 | 2,286.17 | 1,883.57 | 1,321.76 | 1,195.18 | 1,146.97 | 1,135.51 | 1,049.55 | 689.31 | 404.93 | 305.82 | 365.11 | 471.22 | 446.52 | 329.44 | 370.15 | 430.36 |
| Total operating expenses | 1,276.68 | 1,440.06 | 1,396.79 | 1,113.77 | 1,060.10 | 976.94 | 898.55 | 978.72 | 1,076.68 | 1,047.45 | 1,037.59 | 566.84 | 377.59 | 321.50 | ||||||
| Operating income | 411.42 | 95.53 | 91.70 | 183.17 | 1,226.07 | 906.63 | 423.22 | 216.47 | -637.52 | 88.06 | 11.97 | 122.47 | 27.34 | -15.68 | 23.34 | 140.14 | 111.49 | 80.59 | ||
| Non-operating income (net) | -13.15 | -29.63 | -18.14 | -58.54 | -44.99 | -99.25 | -28.13 | -124.67 | 654.67 | -60.75 | -14.83 | -1.23 | -3.47 | -10.22 | -7.71 | -16.64 | -26.66 | 0.00 | 0.00 | 5.81 |
| Income before tax | 398.27 | 65.90 | 73.56 | 124.63 | 1,181.08 | 807.38 | 395.09 | 91.79 | 17.15 | 27.31 | -2.86 | 121.24 | 23.87 | -25.90 | 15.63 | 123.51 | 84.83 | 86.40 | ||
| Income tax expense | 59.28 | 10.28 | 143.88 | 21.48 | 147.73 | 73.77 | 60.76 | -41.33 | 57.43 | 43.86 | 25.98 | -75.06 | 11.23 | 27.10 | 14.77 | 13.82 | 42.11 | 2.98 | ||
| Net income | 338.99 | 55.62 | -70.32 | 103.15 | 1,033.35 | 733.61 | 334.33 | 133.13 | -40.29 | -16.56 | -28.85 | 196.30 | 12.64 | -53.00 | 0.86 | 124.56 | 71.02 | 5.75 | 83.42 |
Show Quarterly Income Statement
Income Statement - Qorvo, Inc. (QRVO)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 808.28 | 992.96 | 1,058.50 | 818.78 | 869.47 | 916.32 | 1,046.51 | 886.67 | 940.99 | 1,073.86 | 1,103.49 | 651.16 | 632.70 | 743.28 | 1,158.06 | 1,035.36 | 1,166.16 | 1,113.96 | 1,255.25 | 1,110.35 | 1,072.73 | 1,094.83 | 1,060.29 | 787.45 | 787.77 | 869.07 | 806.70 | 775.60 | 680.88 | 832.33 | 884.44 | 692.67 | 665.38 | 845.74 | 821.58 | 640.83 | 642.99 | 826.35 | 864.70 | 698.54 | 608.07 | 620.68 | 708.34 | 673.64 | 634.89 | 397.09 | 362.67 | 316.32 | 256.00 | 288.52 | 310.72 | 293.00 | 280.60 | 271.21 | 209.67 | 202.66 | 187.93 | 225.43 | 243.81 | 214.19 | 213.33 | 278.79 | 285.79 | 273.84 | 260.83 | 250.27 | 254.76 | 212.54 | 172.32 | 202.03 | 271.67 | 240.49 | 220.64 | 268.18 | 255.85 | 211.60 | 257.27 | 281.09 | 246.92 | 238.34 | 225.89 |
| Cost of revenue | 413.26 | 528.77 | 561.42 | 486.98 | 502.91 | 524.90 | 601.20 | 554.37 | 559.13 | 685.98 | 613.80 | 422.09 | 517.99 | 475.23 | 619.13 | 660.11 | 595.82 | 565.86 | 633.70 | 564.17 | 544.26 | 557.08 | 568.74 | 461.66 | 451.99 | 500.96 | 483.12 | 481.31 | 414.31 | 493.97 | 530.93 | 455.94 | 412.74 | 508.81 | 500.56 | 404.45 | 411.40 | 515.71 | 547.90 | 422.06 | 353.87 | 389.69 | 423.49 | 394.12 | 446.01 | 206.38 | 195.22 | 174.05 | 156.72 | 181.00 | 206.06 | 199.53 | 186.73 | 184.40 | 143.14 | 119.92 | 112.20 | 142.89 | 134.33 | 116.83 | 122.60 | 160.22 | 161.21 | 154.96 | 145.55 | 141.14 | 144.85 | 119.36 | 121.56 | 142.34 | 173.14 | 146.22 | 143.02 | 176.44 | 153.82 | 126.05 | 147.14 | 161.97 | 142.44 | 141.70 | 133.28 |
| Gross profit | 395.02 | 464.19 | 497.09 | 331.80 | 366.56 | 391.42 | 445.31 | 332.30 | 381.86 | 387.88 | 489.69 | 229.07 | 114.71 | 268.05 | 538.93 | 375.25 | 570.34 | 548.09 | 621.55 | 546.18 | 528.48 | 537.75 | 491.55 | 325.79 | 335.78 | 368.11 | 323.58 | 294.29 | 266.57 | 338.36 | 353.51 | 236.73 | 252.64 | 336.93 | 321.02 | 236.38 | 231.60 | 310.64 | 316.80 | 276.48 | 254.20 | 230.99 | 284.85 | 279.52 | 188.89 | 190.70 | 167.45 | 142.27 | 99.28 | 107.52 | 104.66 | 93.47 | 93.87 | 86.81 | 66.54 | 0.00 | 365.11 | 0.00 | 0.00 | 0.00 | 471.22 | 0.00 | 0.00 | 0.00 | 446.52 | 0.00 | 0.00 | 0.00 | 329.44 | 0.00 | 0.00 | 0.00 | 370.15 | 0.00 | 0.00 | 0.00 | 430.36 | 0.00 | 0.00 | 0.00 | 339.45 |
| Total operating expenses | 363.51 | 272.05 | 339.41 | 301.72 | 338.34 | 338.39 | 435.63 | 327.70 | 351.88 | 429.45 | 338.26 | 277.21 | 303.70 | 259.32 | 277.37 | 273.39 | 299.74 | 252.08 | 259.19 | 249.08 | 235.41 | 238.55 | 269.91 | 233.08 | 233.63 | 215.04 | 210.82 | 239.06 | 202.53 | 257.21 | 263.04 | 255.95 | 284.41 | 256.61 | 271.46 | 264.21 | 256.05 | 249.26 | 271.41 | 270.73 | 245.72 | 244.20 | 266.81 | 280.85 | 291.43 | 87.07 | 92.06 | 95.77 | 100.02 | 92.13 | 94.84 | 89.83 | 93.42 | 80.99 | 78.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating income | 31.51 | 192.14 | 157.68 | 30.09 | 28.22 | 53.03 | 9.68 | 4.61 | 29.98 | -41.57 | 151.43 | -48.14 | -188.98 | 8.73 | 261.56 | 101.86 | 270.60 | 296.01 | 362.36 | 297.10 | 293.07 | 299.20 | 221.64 | 92.71 | 102.15 | 153.07 | 112.77 | 55.23 | 64.05 | 81.16 | 90.48 | -19.22 | -31.77 | 80.32 | 49.56 | -27.83 | -24.46 | 61.38 | 45.39 | 5.74 | 8.48 | -13.21 | 18.04 | -1.34 | -102.55 | 103.64 | 82.66 | 54.57 | -0.74 | 15.39 | 11.96 | 3.24 | 11.38 | 6.85 | -10.15 | 0.00 | 23.34 | -23.02 | 23.02 | 14.95 | 13.45 | 43.43 | 42.50 | 40.76 | 37.89 | 34.17 | 25.20 | 14.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -9.21 | 9.21 | 0.00 | 22.03 | 31.51 | 13.02 | 14.03 | 5.95 |
| Non-operating income (net) | -9.82 | -2.34 | -2.59 | 1.60 | -13.00 | -4.13 | -7.17 | -5.33 | -0.46 | -2.22 | -11.91 | -3.55 | -10.03 | -11.50 | -14.69 | -22.31 | -23.13 | -12.80 | -10.57 | 1.51 | -6.28 | -75.69 | -21.57 | 4.29 | -37.52 | 30.12 | -10.70 | -10.03 | -13.85 | -10.27 | -57.64 | -42.91 | -11.91 | -14.88 | -13.91 | -12.44 | -12.83 | -16.84 | -15.67 | -15.41 | -11.20 | -7.79 | 0.19 | 3.96 | -0.95 | -0.20 | -7.42 | -8.51 | -0.41 | -1.00 | -3.50 | -1.06 | -12.32 | -2.35 | -3.00 | 0.00 | -7.71 | 2.51 | -2.51 | -3.51 | -4.36 | -3.14 | -4.61 | -4.52 | -6.75 | -6.41 | -7.12 | -6.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -6.27 | 6.27 | 4.31 | 1.45 | 35.86 | -28.00 | 0.95 | -3.16 |
| Income before tax | 21.69 | 189.80 | 155.10 | 31.69 | 15.22 | 48.90 | 2.50 | -0.72 | 29.51 | -43.79 | 139.52 | -51.68 | -199.01 | -2.78 | 246.87 | 79.55 | 247.47 | 283.21 | 351.79 | 298.61 | 286.79 | 223.52 | 200.08 | 97.00 | 64.64 | 183.19 | 102.07 | 45.20 | 50.20 | 70.89 | 32.84 | -62.13 | -43.68 | 65.44 | 35.65 | -40.27 | -37.29 | 44.54 | 29.72 | -9.67 | -2.72 | -21.00 | 18.23 | 2.63 | -103.49 | 103.43 | 75.24 | 46.07 | -1.16 | 14.40 | 8.46 | 2.18 | -0.94 | 4.51 | -13.15 | 0.00 | 15.63 | -20.52 | 20.52 | 11.43 | 9.09 | 40.29 | 37.89 | 36.24 | 31.14 | 27.76 | 18.08 | 7.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -15.48 | 15.48 | 4.31 | 23.48 | 67.37 | -14.98 | 14.98 | 2.79 |
| Income tax expense | -8.04 | 25.74 | 35.49 | 6.09 | -16.14 | 7.63 | 19.94 | -1.14 | 26.78 | 83.15 | 42.06 | -8.10 | -60.60 | 13.16 | 58.26 | 10.66 | 35.19 | 66.95 | 32.60 | 12.99 | -11.95 | 22.48 | 63.16 | 0.08 | 14.25 | 21.84 | 19.03 | 5.66 | -11.32 | 1.37 | 0.75 | -32.14 | -31.18 | 98.52 | -0.27 | -9.64 | -93.20 | 123.18 | 17.87 | -3.99 | 21.48 | -9.87 | 13.78 | 0.59 | -109.98 | 15.57 | 11.93 | 7.42 | -0.11 | 8.16 | 2.57 | 0.61 | 15.02 | 5.95 | 3.31 | 2.82 | 0.94 | 5.13 | 6.20 | 2.50 | -3.60 | 3.60 | 2.49 | 7.90 | 4.41 | 2.83 | 3.50 | 3.07 | 2.31 | 31.70 | 0.00 | 0.00 | 0.00 | -1.01 | 1.01 | 0.00 | -5.06 | 8.05 | 0.54 | 1.05 | 0.53 |
| Net income | 29.73 | 164.06 | 119.60 | 25.59 | 31.37 | 41.27 | -17.44 | 0.41 | 2.74 | -126.94 | 97.46 | -43.58 | -138.42 | -15.93 | 188.62 | 68.88 | 212.28 | 216.26 | 319.19 | 285.63 | 298.74 | 201.04 | 136.92 | 96.92 | 50.39 | 161.36 | 83.04 | 39.54 | 61.52 | 69.52 | 32.08 | -29.99 | -12.50 | -33.08 | 35.92 | -30.62 | 55.91 | -78.64 | 11.85 | -5.68 | -24.20 | -11.13 | 4.45 | 2.04 | 6.48 | 87.86 | 63.31 | 38.65 | -1.05 | 6.24 | 5.89 | 1.56 | -15.96 | -1.44 | -16.46 | 0.00 | 0.86 | -14.31 | 14.31 | 8.93 | 24.13 | 36.69 | 35.40 | 28.34 | 26.73 | 24.93 | 14.58 | 4.78 | 0.00 | 0.00 | 0.00 | 0.00 | 5.75 | -14.46 | 14.46 | 23.60 | 30.13 | 59.33 | -13.93 | 13.93 | 1.65 |