0KSJ.L
Qorvo Inc
Q1 2026 Report
Qorvo Inc (0KSJ.L) Q1 2026 Financial Results Analysis...
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Executive Summary
In Q4 2025, Qorvo Inc reported revenues of $869.5 million, down 7.6% year-over-year and a decrease of 5.1% sequentially. Despite these challenges, gross profit improved slightly to $393.7 million, indicating a gross margin of 45.3%. Notably, the net income surged by 1,046.8% year-over-year to $31.4 million, reflecting favorable tax adjustments and cost management efforts. Management emphasized a commitment to innovation and strategic investments which are expected to foster growth in key markets, particularly in Infrastructure and Defense Products.
The company continues to navigate headwinds in the mobile segment while focusing on cost optimization and R&D in even more strategic semiconductors for smart technologies and renewable energy markets. This adaptability will enhance Qorvo's positioning as it strives to regain market share and promote long-term investor confidence.
Key Performance Indicators
Revenue
869.47M
QoQ: -5.11% | YoY:-7.60%
Gross Profit
393.74M
45.28% margin
QoQ: 0.59% | YoY:2.44%
Operating Income
28.22M
QoQ: -46.78% | YoY:-5.86%
Net Income
31.37M
QoQ: -24.00% | YoY:1 046.80%
EPS
0.34
QoQ: -22.73% | YoY:1 101.41%
Revenue Trend
Margin Analysis
Key Insights
- Qorvo's decline in revenue is directly associated with underperformance in the mobile products sector amidst a competitive landscape.
- However, operational efficiencies led to stabilizing gross margins, with management noting significant cost controls and improved component pricing as critical factors in maintaining profitability.
- The robust growth in net income suggests an increase in effective tax rate benefits alongside a disciplined approach to expenses, warranting further analysis on long-term sustainability.