In Q2 2025, Qorvo Inc (NASDAQ: QRVO) generated revenue of $1.048 billion, reflecting a significant 18% increase quarter-over-quarter, although down slightly from the previous year. Key segments driving growth were automotive and consumer markets, amidst challenges in the Android smartphone sector. Management emphasized a strategic pivot to support growth in high-tier products while reducing exposure to lower-margin segments. Despite a reported net loss of $17.4 million and an unfavorable shift towards entry-tier devices, Qorvo remains optimistic about long-term revenue growth driven by investments in advanced technologies.
Qorvo's adjusted gross margin for the quarter was approximately 47%, underscoring effective cost management and operational efficiencies. Looking ahead, management projects revenue to stabilize in the next quarter with a target of $900 million, while navigating ongoing market challenges in the Android ecosystem. Investors should closely monitor Qorvo's execution on cost-cutting measures and continued diversification into higher-margin products, particularly in the defense and aerospace segments.