Qorvo content in this highly anticipated model includes an envelope tracking Power Management solution, custom developed for this customer over multiple years in support of their internal baseband.
— Bob Bruggeworth
03Detailed Report
QRVO
Qorvo Inc
Period
Q4 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 13, 2026
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Executive Summary
In the fourth quarter of fiscal year 2025, Qorvo Inc reported solid results with a revenue of $869 million, indicating a 7.6% year-over-year decline but exceeded the midpoint of guidance. Notably, the company demonstrated resilience through strategic actions in expanding its defense and aerospace business, which achieved record revenue for the quarter. CEO Bob Bruggeworth highlighted key growth in Ultra-Wideband opportunities, particularly for automotive applications, and emphasized ongoing initiatives to enhance margins by reducing exposure to low-margin Android products. Despite facing macroeconomic uncertainties and tariff-related challenges, Qorvo remains committed to diversifying its revenue streams and capitalizing on multi-year growth opportunities in high-value markets.
Key Performance Indicators
Revenue
Decreasing
869.47M
QoQ: -5.11% | YoY: -7.60%
Gross Profit
Increasing
393.74M
45.28% margin
QoQ: 0.59% | YoY: 2.44%
Operating Income
Decreasing
28.22M
QoQ: -46.78% | YoY: -5.86%
Net Income
Increasing
31.37M
QoQ: -24.00% | YoY: 1 046.80%
EPS
Increasing
0.34
QoQ: -22.73% | YoY: 1 101.41%
Revenue Trend
Margin Analysis
Financial Highlights
Revenue: $869 million (YoY: -7.6%, QoQ: -5.11%), Gross Profit: $393.74 million, Gross Margin: 45.3%
- Operating Income: $28.22 million (Operating Margin: 3.2%)
- Net Income: $31.37 million, EPS (Diluted): $0.330
- Cash and Equivalents: $1.02 billion
- Free Cash Flow: $170.67 million for the quarter.
Key metrics demonstrate a strategic pivot towards higher-margin sectors, with ongoing cost management efforts fostering profitability despite revenue pressures from the mobile segment.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
869.47M
-7.60%
-5.11%
Gross Profit
393.74M
2.44%
0.59%
Operating Income
28.22M
-5.86%
-46.78%
Net Income
31.37M
1 046.80%
-24.00%
EPS
0.34
1 101.41%
-22.73%
Key Financial Ratios
Gross Profit Margin
Good
45.30%
Gross profit margin is healthy and competitive within industry standards
Operating Profit Margin
Weak
3.25%
Operating margin is below industry norms, profitability concerns
Net Profit Margin
Fair
3.61%
Net profit margin is moderate, room for improvement in cost management
Return on Assets
Weak
0.53%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
0.93%
Return on equity suggests inefficient capital allocation
Current Ratio
Strong
2.77
Current ratio indicates excellent liquidity and financial flexibility
P/E Ratio
High Growth
53.90x
Very high P/E indicates aggressive growth expectations, higher risk
Price to Book
Fair Value
1.99x
Price-to-book ratio reasonable for profitable companies
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