Tearsheet

Qorvo (QRVO)

Market Price (9/15/2025): $86.46 | Market Cap: $8.0 Bil
Sector: Information Technology | Industry: Semiconductors

Qorvo (QRVO)

Market Price (9/15/2025): $86.46
Market Cap: $8.0 Bil
Sector: Information Technology
Industry: Semiconductors

Investment Highlights

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%	Weak multi-year price returns 2Y Excs Rtn is -60%, 3Y Excs Rtn is -69%	Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 100x
1	Attractive yield FCF Yield is 7.3%		Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -8.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.5%, Rev Chg QQuarterly Revenue Change % is -7.7%
2			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.5%

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%
1	Attractive yield FCF Yield is 7.3%
2	Weak multi-year price returns 2Y Excs Rtn is -60%, 3Y Excs Rtn is -69%
3	Expensive valuation multiples P/EPrice/Earnings or Price/(Net Income) is 100x
4	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -8.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.5%, Rev Chg QQuarterly Revenue Change % is -7.7%
5	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.5%

Market Valuation

	9/15/25	2024	2023	2022
Share Price CYE	$86.46	$69.93	$112.61	$90.64
Market Cap CYE ($ Bil)	8.0	6.6	10.9	9.1
Total Debt ($ Bil)	1.5	1.5	2.0	2.0
Total Cash ($ Bil)	1.2	1.0	1.0	0.8
Enterprise Value ($ Bil)	8.4	8.1	12.9	11.1
Valuation Ratios
P/S TTM	2.2	1.8	2.9	2.6
P/EBIT TTM	45.0	45.9	76.9	48.0
P/E TTM	99.4	118.9	-156.2	89.8
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8	2.5
P/EBIT TTM (Sector)	4.0	-0.0	-0.1	-0.5
P/E TTM (Sector)	-0.4	-0.3	-0.4	-0.5

	9/15/25	2024
Share Price CYE	$86.46	$69.93
Market Cap CYE ($ Bil)	8.0	6.6
Total Debt ($ Bil)	1.5	1.5
Total Cash ($ Bil)	1.2	1.0
Enterprise Value ($ Bil)	8.4	8.1
Valuation Ratios
P/S TTM	2.2	1.8
P/EBIT TTM	45.0	45.9
P/E TTM	99.4	118.9
Sector Ratios
P/S TTM (Sector)	3.2	3.1
P/EBIT TTM (Sector)	4.0	-0.0
P/E TTM (Sector)	-0.4	-0.3

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
QRVO Return	43%	-6%	-42%	24%	-38%	24%	-25%
Peers Return	61%	64%	-26%	100%	65%	25%	701%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: TXN, MSI, NVDA, AVGO, AMD. See QRVO Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Qorvo Earnings Notes
2	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From FSLR	Actionable
3	Qorvo vs Microsoft: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	How Does QRVO Stack Up Against Its Peers?	Peer Comparison
5	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From CRM, MU
6	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From FSLR, MU
7	QRVO Dip Buy Analysis
8	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From Industry Peers ADI, NVDA, TXN, NXPI, QCOM	Actionable
9	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From Industry Peers NXPI, QCOM, CRUS, FSLR	Actionable
10	Qorvo vs. Beacon Roofing Supply: Both Seem Similar Bets	Peer Comparison
11	ARTICLES
12	Better Bet Than Qorvo Stock: Pay Less To Get More From FSLR		September 4th, 2025
13	With iPhone 14 Demand Lackluster, What To Expect From Apple Supplier Stocks?		September 29th, 2022
14	What’s Behind Qorvo Inc. Stock’s 2x Rise Since 2018?		April 21st, 2022
15	At $175 Per Share, Is Qorvo The Cheapest 5G Semiconductor Play?		June 21st, 2021
16	Qorvo Stock Looks Attractive Despite 2x Rally		May 3rd, 2021

	Title
0	DASHBOARDS
1	Better Bet Than Qorvo Stock: Pay Less To Get More From FSLR
2	With iPhone 14 Demand Lackluster, What To Expect From Apple Supplier Stocks?
3	What’s Behind Qorvo Inc. Stock’s 2x Rise Since 2018?
4	At $175 Per Share, Is Qorvo The Cheapest 5G Semiconductor Play?
5	Qorvo Stock Looks Attractive Despite 2x Rally
6	ARTICLES
7	Qorvo Earnings Notes
8	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From FSLR
9	Qorvo vs Microsoft: Which Is A Better Investment?
10	How Does QRVO Stack Up Against Its Peers?
11	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From CRM, MU
12	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From FSLR, MU
13	QRVO Dip Buy Analysis
14	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From Industry Peers ADI, NVDA, TXN, NXPI, QCOM
15	Better Bet Than QRVO Stock: Pay Less Than Qorvo To Get More From Industry Peers NXPI, QCOM, CRUS, FSLR
16	Qorvo vs. Beacon Roofing Supply: Both Seem Similar Bets

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11249.2%	11249.2%
2	GIBO	GIBO	7400.0%
3	LNZA	LanzaTech Global	4710.5%	-85.8%
4	CHSN	Chanson International	3717.0%	-99.3%
5	QMMM	QMMM	2669.4%	5698.4%
6	VTAK	Catheter Precision	1332.7%	-71.4%
7	CURX	Curanex Pharmaceuticals	1309.0%	1309.0%
8	OCTO	Eightco	811.9%	562.1%
9	WLDS	Wearable Devices	708.6%	8.0%
10	PTNM	Pitanium	423.7%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	BINI	Bollinger Innovations	-93.4%	-100.0%
2	ETS	Elite Express	-92.8%	-92.8%
3	CJET	Chijet Motor	-92.7%	-94.6%
4	ELPW	Elong Power	-91.7%	-75.8%
5	STFS	Star Fashion Culture	-91.4%	-97.8%
6	JEM	707 Cayman	-90.4%	-98.0%
7	FLYE	Fly-E	-90.4%	-82.8%
8	NXTT	Next Technology	-89.3%	-93.8%
9	NUTR	NusaTrip	-87.2%	-87.2%
10	CUPR	Cuprina	-84.3%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

Peer Comparisons for Qorvo

Financials

	QRVO	TXN	MSI	NVDA	AVGO	AMD	Median
Name	Qorvo	Texas In.	Motorola.	NVIDIA	Broadcom	Advanced.
Mkt Price	86.81	182.60	481.71	177.82	359.87	158.57	180.21
Mkt Cap	8.1	165.8	80.3	4,332.8	1,696.4	257.4	211.6
Rev LTM	3,651	16,675	11,094	165,218	59,926	29,600	23,138
Op Inc LTM	217	5,818	2,785	95,981	23,366	2,453	4,302
FCF LTM	587	1,503	2,384	72,023	24,930	4,043	3,214
FCF 3Y Avg	597	2,060	2,047	43,044	20,319	2,422	2,241
CFO LTM	724	6,439	2,612	77,035	25,438	4,877	5,658
CFO 3Y Avg	736	6,752	2,293	45,866	20,821	3,063	4,908

Growth & Margins

	QRVO	TXN	MSI	NVDA	AVGO	AMD	Median
Name	Qorvo	Texas In.	Motorola.	NVIDIA	Broadcom	Advanced.
Rev Chg LTM	-8.8%	3.6%	6.4%	71.6%	28.0%	27.2%	16.8%
Rev Chg 3Y Avg	-4.5%	-4.9%	9.5%	92.0%	24.0%	11.7%	10.6%
Rev Chg Q	-7.7%	16.4%	5.2%	55.6%	22.0%	31.7%	19.2%
QoQ Delta Rev Chg LTM	-1.8%	3.9%	1.3%	11.2%	5.0%	6.7%	4.5%
Op Mgn LTM	5.9%	34.9%	25.1%	58.1%	39.0%	8.3%	30.0%
Op Mgn 3Y Avg	5.1%	39.5%	23.8%	51.0%	38.4%	3.4%	31.1%
QoQ Delta Op Mgn LTM	0.8%	0.6%	0.1%	0.1%	1.5%	-2.0%	0.3%
CFO/Rev LTM	19.8%	38.6%	23.5%	46.6%	42.4%	16.5%	31.1%
CFO/Rev 3Y Avg	20.3%	39.3%	21.9%	44.5%	44.6%	11.9%	30.6%
FCF/Rev LTM	16.1%	9.0%	21.5%	43.6%	41.6%	13.7%	18.8%
FCF/Rev 3Y Avg	16.4%	11.7%	19.6%	41.3%	43.5%	9.3%	18.0%

Valuation

	QRVO	TXN	MSI	NVDA	AVGO	AMD	Median
Name	Qorvo	Texas In.	Motorola.	NVIDIA	Broadcom	Advanced.
Mkt Cap	8.1	165.8	80.3	4,332.8	1,696.4	257.4	211.6
P/S	2.2	9.9	7.2	26.2	28.3	8.7	9.3
P/EBIT	45.2	26.8	26.8	42.9	73.8	103.9	44.1
P/E	99.8	32.9	38.0	50.0	89.6	90.8	69.8
P/CFO	11.1	25.7	30.8	56.2	66.7	52.8	41.8
Total Yield	1.0%	6.0%	3.5%	2.0%	1.1%	1.1%	1.6%
Dividend Yield	0.0%	3.0%	0.9%	0.0%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	6.2%	1.2%	3.3%	1.5%	3.1%	1.1%	2.3%
D/E	0.2	0.1	0.1	0.0	0.0	0.0	0.1
Net D/E	0.0	0.1	0.1	-0.0	0.0	-0.0	0.0

Returns

	QRVO	TXN	MSI	NVDA	AVGO	AMD	Median
Name	Qorvo	Texas In.	Motorola.	NVIDIA	Broadcom	Advanced.
1M Rtn	-2.8%	-6.2%	4.6%	-1.5%	17.5%	-10.7%	-2.1%
3M Rtn	9.3%	-5.7%	18.0%	25.3%	45.0%	36.5%	21.6%
6M Rtn	21.6%	5.1%	15.6%	46.2%	85.0%	57.0%	33.9%
12M Rtn	-19.4%	-5.9%	9.9%	49.3%	117.1%	4.1%	7.0%
3Y Rtn	1.6%	22.8%	108.7%	1,277.0%	662.4%	106.8%	107.8%
1M Excs Rtn	-5.5%	-7.4%	0.6%	-3.9%	14.6%	-15.8%	-4.7%
3M Excs Rtn	-2.7%	-16.8%	7.7%	13.7%	31.9%	24.9%	10.7%
6M Excs Rtn	6.3%	-12.4%	-2.3%	34.6%	69.8%	42.4%	20.5%
12M Excs Rtn	-36.8%	-25.7%	-8.8%	44.7%	125.8%	-8.8%	-8.8%
3Y Excs Rtn	-69.0%	-45.0%	34.4%	1,132.8%	589.5%	33.7%	34.1%

Comparison Analyses

	Title
0	How Does QRVO Stack Up Against Its Peers?
1	Qorvo vs. Beacon Roofing Supply: Both Seem Similar Bets
2	Qorvo vs. Sirius XM: With Return Forecast Of 14%, Qorvo Is A Better Bet
3	Qorvo vs. Repligen: Both Seem Similar Bets
4	Qorvo vs. Texas Instruments: With Return Forecast Of 13%, Qorvo Is A Better Bet
5	Qorvo vs. Motorola Solutions: Both Seem Similar Bets
6	Qorvo vs. Telefonaktiebolaget L M Ericsson: With Return Forecast Of 13%, Qorvo Is A Better Bet
7	Qorvo vs. Nokia: With Return Forecast Of 13%, Qorvo Is A Better Bet
8	Qorvo vs. Hub: With Return Forecast Of 14%, Qorvo Is A Better Bet
9	Qorvo vs. CommScope: Neither Seems Like A Good Bet

Financials

Annual
Quarterly

$ Mil \| FY: 3/29	LTM	2025	2024	2023	2022	2021	2020
Period End		3/29/2025	3/30/2024	4/1/2023	4/2/2022	4/3/2021	3/28/2020
Filing Date		5/19/2025	5/20/2024	5/19/2023	5/20/2022	5/24/2021	5/20/2020
Key Financials
Total Revenue	3,651	3,719	3,770	3,569	4,646	4,015	3,239
Ebitda	466	441	464	532	1,606	1,339	924
Operating Income	217	288	313	196	1,274	907	423
Net Income	81	56	-70	103	1,033	734	334
EPS	0.88	0.59	-0.72	1.01	9.38	6.43	2.86
Growth Rates
Total Revenue Growth	-8.8%	-1.3%	5.6%	-23.2%	15.7%	24.0%	4.8%
EBITDA Growth	-8.5%	-4.9%	-12.8%	-66.9%	20.0%	44.8%	15.7%
Operating Income Growth	-31.7%	-8.0%	60.1%	-84.6%	40.5%	114.2%	95.5%
Net Income Growth	406.9%	179.1%	-168.2%	-90.0%	40.9%	119.4%	151.1%
Margins
EBITDA Margin	12.8%	11.9%	12.3%	14.9%	34.6%	33.3%	28.5%
Operating Income Margin	5.9%	7.7%	8.3%	5.5%	27.4%	22.6%	13.1%
Net Income Margin	2.2%	1.5%	-1.9%	2.9%	22.2%	18.3%	10.3%
Cash & Debt
Total Cash	1,165	1,021	1,029	809	973	1,398	715
Total Debt	1,549	1,549	1,988	2,048	2,047	1,743	1,574
Net Debt / (Cash)	384	528	959	1,240	1,075	345	859
Cash Flows
Net Cash from Operations	724	622	833	843	1,049	1,302	946
Free Cash from Operations	587	485	706	684	836	1,115	782
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	281	356	400	862	1,152	515	515

$ Mil \| FY: 3/29	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2
Period End	6/28/2025	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Filing Date	7/30/2025	5/19/2025	1/29/2025	10/30/2024	7/31/2024	5/20/2024	2/1/2024	11/2/2023	8/3/2023	5/19/2023	2/2/2023	11/3/2022
Key Financials Quarterly
Total Revenue	819	869	916	1,047	887	941	1,074	1,103	651	633	743	1,158
Ebitda	118	106	141	101	93	129	53	236	47	-98	98	348
Operating Income	30	124	53	10	5	30	132	151	-48	-177	9	262
Net Income	26	31	41	-17	0	3	-127	97	-44	-138	-16	189
EPS	0.28	0.34	0.44	-0.18	0.00	0.03	-1.31	1.00	-0.44	-1.39	-0.16	1.83
Key Financials TTM
Total Revenue TTM	3,651	3,719	3,790	3,948	4,005	3,770	3,461	3,131	3,185	3,569	4,103	4,474
Ebitda TTM	466	441	464	375	510	464	238	283	396	532	984	1,277
Operating Income TTM	217	192	97	176	318	265	59	-65	46	196	691	978
Net Income TTM	81	56	27	-141	-26	-70	-211	-100	-9	103	454	686
Growth Rates Quarterly
Total Revenue Growth	-7.7%	-7.6%	-14.7%	-5.2%	36.2%	48.7%	44.5%	-4.7%	-37.1%	-45.7%	-33.3%	-7.7%
EBITDA Growth	27.5%	-17.6%	168.5%	-57.1%	98.6%	231.8%	-46.5%	-32.3%	-74.5%	-127.5%	-74.8%	-23.7%
Operating Income Growth	553.2%	314.7%	-59.8%	-93.6%	109.6%	117.0%	1410.4%	-42.1%	-147.3%	-155.4%	-97.1%	-27.8%
Net Income Growth	6082.1%	1046.8%	132.5%	-117.9%	100.9%	102.0%	-696.8%	-48.3%	-163.3%	-165.2%	-107.4%	-40.9%
Margins Quarterly
EBITDA Margin	14.4%	12.2%	15.4%	9.7%	10.4%	13.7%	4.9%	21.4%	7.2%	-15.4%	13.2%	30.1%
Operating Income Margin	3.7%	14.3%	5.8%	0.9%	0.5%	3.2%	12.3%	13.7%	-7.4%	-27.9%	1.2%	22.6%
Net Income Margin	3.1%	3.6%	4.5%	-1.7%	0.0%	0.3%	-11.8%	8.8%	-6.7%	-21.9%	-2.1%	16.3%
Cash & Debt
Total Cash	1,165	1,021	769	1,096	1,082	1,029	1,072	707	744	809	919	912
Total Debt	1,549	1,549	1,549	1,961	1,961	1,988	2,030	2,049	2,048	2,048	2,048	2,047
Net Debt / (Cash)	384	528	780	865	879	959	958	1,342	1,304	1,240	1,129	1,136
Cash Flows Quarterly
FCF from Operations	183	199	214	128	81	202	493	93	45	65	237	267
Cash Flows TTM
FCF from Operations TTM	724	622	625	904	869	833	696	441	615	843	1,124	1,003
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	50	50	100	81	125	100	100	100	100	150	202	160
Return on Invested Capital (ROIC) Quarterly
ROIC	2.5%	12.6%	4.2%	0.9%	0.4%	0.2%	11.2%	8.3%	-3.2%	-9.7%	0.7%	16.0%
Return on Invested Capital (ROIC) TTM
ROIC TTM	4.7%	4.1%	0.8%	4.0%	7.1%	5.8%	1.2%	-1.1%	0.9%	3.2%	11.0%	15.6%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Advanced Cellular Group (ACG)	2,762	2,368	3,234	2,559
High Performance Analog (HPA)	573	727	707	803
Connectivity and Sensors Group (CSG)	435	474	704	653
Infrastructure and Defense Products					841
Mobile Products					2,398
Total	3,770	3,569	4,646	4,015	3,239

Operating Income by Segment

$ Mil	2025	2024	2023	2022	2021
Advanced Cellular Group (ACG)	728	628	1,233	969
High Performance Analog (HPA)	83	199	210	257
Acquisition and integration-related costs	-11	-23
All other	-24	-3	-326	-385	-438
Net adjustments related to a terminated capacity reservation agreement	-38	-181
Connectivity and Sensors Group (CSG)	-89	-72	108	67
Restructuring-related charges	-93	-114
Stock-based compensation expense	-121	-106
Amortization of intangible assets	-122	-132
Goodwill and intangible asset impairment (2)	-221	-12
Infrastructure and Defense Products					145
Mobile Products					716
Total	92	183	1,226	907	423

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$86.81
Market Cap ($ Bil)	8.1
First Trading Date	01/02/2015
Distance from 52W High	-19.4%
	50 Days	200 Days
DMA Price	$88.59	$77.22
DMA Trend	up	up
Distance from DMA	-2.0%	12.4%
	3M	1YR
Volatility	23.7%	55.8%
Downside Capture	50.57	195.70
Upside Capture	71.90	142.17
Correlation (SPY)	43.7%	62.5%

QRVO Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.99	1.20	1.31	1.88	1.81	1.63
Up Beta	2.20	2.49	1.76	1.94	1.94	1.73
Down Beta	0.03	0.30	1.07	2.01	1.73	1.50
Up Capture	126%	86%	144%	233%	196%	435%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	11	20	34	68	125	388
Down Capture	11%	66%	88%	142%	143%	108%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	10	21	28	57	123	361

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	2,907,307
Short Interest: % Change Since 8152025	-22.3%
Average Daily Volume	1,381,704
Days-to-Cover Short Interest	2.10
Basic Shares Quantity	92,915,000
Short % of Basic Shares	3.1%

Returns Analyses

	Title
0	Qorvo Stock Return Comparison
1	Qorvo Total Shareholder Return (TSR): ...% in 2023 and 0.0% 3-yr returns (below peer average)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/29/2025	2.2%	0.3%	8.6%
4/29/2025	14.4%	12.2%	22.0%
1/28/2025	0.3%	-4.5%	-17.3%
10/29/2024	-27.3%	-28.5%	-31.9%
7/30/2024	0.3%	-13.8%	-6.0%
5/1/2024	-14.5%	-14.2%	-12.1%
1/31/2024	6.0%	11.1%	19.9%
11/1/2023	-2.7%	0.1%	10.9%
...
SUMMARY STATS
# Positive	13	9	12
# Negative	11	15	12
Median Positive	2.2%	10.8%	13.0%
Median Negative	-5.8%	-4.8%	-10.2%
Max Positive	20.2%	25.3%	27.3%
Max Negative	-27.3%	-28.5%	-31.9%

	Forward Returns
7/29/2025	2.2%	0.3%	8.6%
4/29/2025	14.4%	12.2%	22.0%
1/28/2025	0.3%	-4.5%	-17.3%
10/29/2024	-27.3%	-28.5%	-31.9%
7/30/2024	0.3%	-13.8%	-6.0%
5/1/2024	-14.5%	-14.2%	-12.1%
1/31/2024	6.0%	11.1%	19.9%
11/1/2023	-2.7%	0.1%	10.9%
8/2/2023	-0.3%	-1.0%	1.2%
5/3/2023	0.4%	-1.1%	4.7%
2/1/2023	-5.8%	-6.7%	-9.5%
11/2/2022	-2.1%	0.5%	15.0%
8/3/2022	1.6%	2.0%	-15.7%
5/4/2022	-8.8%	-15.5%	-8.6%
2/2/2022	-10.3%	-4.8%	-9.7%
11/3/2021	-13.3%	-13.4%	-15.8%
8/4/2021	0.5%	-2.1%	-4.1%
5/5/2021	1.2%	-9.4%	1.2%
2/3/2021	-4.7%	-4.4%	-2.6%
11/4/2020	9.7%	10.8%	23.6%
7/29/2020	11.6%	15.9%	10.3%
5/7/2020	2.2%	-2.0%	16.6%
1/29/2020	-0.7%	-1.1%	-10.7%
10/31/2019	20.2%	25.3%	27.3%
SUMMARY STATS
# Positive	13	9	12
# Negative	11	15	12
Median Positive	2.2%	10.8%	13.0%
Median Negative	-5.8%	-4.8%	-10.2%
Max Positive	20.2%	25.3%	27.3%
Max Negative	-27.3%	-28.5%	-31.9%

SEC Filings

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Report Date	Filing
6302025	10-Q 6/28/2025
3312025	10-K 3/29/2025
12312024	10-Q 12/28/2024
9302024	10-Q 9/28/2024
6302024	10-Q 6/29/2024
3312024	10-K 3/30/2024
12312023	10-Q 12/30/2023
9302023	10-Q 9/30/2023
6302023	10-Q 7/1/2023
3312023	10-K 4/1/2023
12312022	10-Q 12/31/2022
9302022	10-Q 10/1/2022
6302022	10-Q 7/2/2022
3312022	10-K 4/2/2022
12312021	10-Q 1/1/2022
9302021	10-Q 10/2/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Chesley Philip	SVP, High Performance Analog	8192025	Sell	90.09	2,664	240,000	3,026,303	Form
1	Chesley Philip	SVP, High Performance Analog	5192025	Sell	78.50	5,371	421,624	1,670,244	Form
2	HARDING JOHN R		5082025	Sell	70.09	1,450	101,630	532,474	Form
3	Chesley Philip	SVP, High Performance Analog	12062024	Sell	70.15	4,045	283,757	2,122,809	Form
4	Chesley Philip	SVP, High Performance Analog	11182024	Sell	65.63	1,565	102,711	2,251,503	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Qorvo (QRVO)

Market Price (9/15/2025): $86.46 | Market Cap: $8.0 BilSector: Information Technology | Industry: Semiconductors

Qorvo (QRVO)

Market Price (9/15/2025): $86.46Market Cap: $8.0 BilSector: Information TechnologyIndustry: Semiconductors

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Market Price (9/15/2025): $86.46 | Market Cap: $8.0 Bil
Sector: Information Technology | Industry: Semiconductors

Market Price (9/15/2025): $86.46
Market Cap: $8.0 Bil
Sector: Information Technology
Industry: Semiconductors