Qorvo, Inc.

QRVO · NASDAQ
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3/29/2025
3/31/2024
3/31/2023
3/31/2022
Revenue$3,718,971$3,769,506$3,569,399$4,645,714
% Growth-1.3%5.6%-23.2%
Cost of Goods Sold$2,183,382$2,281,011$2,272,457$2,359,546
Gross Profit$1,535,589$1,488,495$1,296,942$2,286,168
% Margin41.3%39.5%36.3%49.2%
R&D Expenses$747,709$682,249$649,841$623,636
G&A Expenses$171,712$171,867$148,100$0
SG&A Expenses$403,624$389,140$358,790$349,718
Sales & Mktg Exp.$231,912$217,273$210,690$0
Other Operating Expenses$288,729$325,405$105,143$86,745
Operating Expenses$1,440,062$1,396,794$1,113,774$1,060,099
Operating Income$95,527$91,701$183,168$1,226,069
% Margin2.6%2.4%5.1%26.4%
Other Income/Exp. Net-$29,628-$18,141-$58,539-$44,985
Pre-Tax Income$65,899$73,560$124,629$1,181,084
Tax Expense$10,284$143,882$21,477$147,731
Net Income$55,615-$70,322$103,152$1,033,353
% Margin1.5%-1.9%2.9%22.2%
EPS0.59-0.731.019.38
% Growth180.8%-172.3%-89.2%
EPS Diluted0.58-0.7219.26
Weighted Avg Shares Out94,58697,557102,206111,546
Weighted Avg Shares Out Dil95,45097,557103,019111,546
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$78,328$69,245$68,463$63,326
Depreciation & Amortization$296,836$320,933$338,848$361,415
EBITDA$441,063$463,738$531,940$1,605,825
% Margin11.9%12.3%14.9%34.6%