Γ’β¬ΛWe appreciate the opportunity to share with you our strategic positioning and our enthusiasm for the future.Γ’β¬β’ - Bob Bruggeworth, President and CEO
— Bob Bruggeworth
03Detailed Report
QRVO
Qorvo Inc
Period
Q1 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 15, 2026
Swipe to view all report sections
Executive Summary
In Q1 2025, Qorvo Inc (QRVO) demonstrated resilience in the technology semiconductors sector, posting revenues of $886.67 million, a considerable year-over-year increase of 36%, despite a sequential decline of 6%. The earnings call emphasized strategic growth across diverse end markets driven by significant trends such as electrification, connectivity, and AI integration in mobile devices. Management noted that the firm is strategically positioned to capitalize on the evolving technology landscape, with growth in revenue primarily attributable to their leading role in the mobile and automotive sectors. However, rising operational costs and fluctuating gross margin present short-term challenges that investors should note.
Key Performance Indicators
Revenue
Decreasing
886.67M
QoQ: -5.77% | YoY: -19.65%
Gross Profit
Decreasing
332.30M
37.48% margin
QoQ: -13.55% | YoY: -32.14%
Operating Income
Decreasing
4.61M
QoQ: -84.64% | YoY: -96.96%
Net Income
Decreasing
414.00K
QoQ: -84.86% | YoY: -99.58%
EPS
Decreasing
0.00
QoQ: -84.81% | YoY: -99.57%
Revenue Trend
Margin Analysis
Financial Highlights
### Revenue Performance
- Q1 2025 Revenue: $886.67 million
- YoY Growth: +36%
- QoQ Decline: -6%
### Profitability
- Gross Profit: $332.30 million
- Gross Margin: 37.4%
- Operating Income: $4.61 million (dropped significantly YoY)
- Net Income: $414,000
- EPS (Diluted): $0.0043
### Cash Flow and Balance Sheet
- Operating Cash Flow: $81 million
- Free Cash Flow: $43 million
- Cash at End of Period: $1,082 million
- Total Debt: $1,961 million
- Net Debt: $879 million
### Ratios
- Current Ratio: 1.96
- Debt to Equity Ratio: 0.56
- Return on Equity: 0.0119 (low due to increased leverage and operational challenges)
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
886.67M
-19.65%
-5.77%
Gross Profit
332.30M
-32.14%
-13.55%
Operating Income
4.61M
-96.96%
-84.64%
Net Income
414.00K
-99.58%
-84.86%
EPS
0.00
-99.57%
-84.81%
Key Financial Ratios
Gross Profit Margin
Fair
37.50%
Gross profit margin is moderate, room for improvement in cost management
Operating Profit Margin
Weak
0.52%
Operating margin is below industry norms, profitability concerns
Net Profit Margin
Weak
0.05%
Net profit margin is below industry norms, profitability concerns
Return on Assets
Weak
0.01%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
0.01%
Return on equity suggests inefficient capital allocation
Current Ratio
Healthy
1.96
Current ratio shows adequate liquidity to meet short-term obligations
Debt to Equity
Moderate
0.56
Debt-to-equity indicates balanced capital structure with manageable debt
P/E Ratio
High Growth
6,689.61x
Very high P/E indicates aggressive growth expectations, higher risk
Price to Book
Premium
3.18x
Trading at premium to book value, reflects strong intangibles or growth
Management Insights Available for Members
Get exclusive access to management commentary, earnings call quotes, and forward guidance from company leadership.