Qorvo Inc
2QO.DE
€73.41 -1.26%
Exchange: XETRA | Sector: Technology | Industry: Semiconductors
Q1 2025
Published: Jul 31, 2024

Earnings Highlights

  • Revenue of $886.67M down 17.4% year-over-year
  • EPS of $0.00 increased by 100.3% from previous year
  • Gross margin of 37.5%
  • Net income of 414.00K
  • ""Our ongoing commitment to R&D will strengthen our portfolio as we navigate these challenges and position ourselves for the next phase of growth."" - CEO of Qorvo Inc

Qorvo Inc (2QO.DE) QQ1 2025 Financial Results: Analyzing Revenue Decline and Future Opportunities

Executive Summary

In its QQ1 2025 earnings report, Qorvo Inc (2QO.DE) demonstrated a notable decline in revenue by 17.43% year-over-year, reporting $886.67 million in revenues, down from $1.07 billion in the same quarter last year. The company's net income also experienced a significant drop of 84.86% quarter-over-quarter, culminating in a net income of $414,000. This downturn was largely attributed to softness in the semiconductor market, characterized by reduced demand in mobile products, which constitute a major segment of their business. However, management remains optimistic about future growth driven by ongoing investments in research and development, with a focus on next-generation 5G and defense products that present avenues for recovery and market penetration.

Key Performance Indicators

Revenue

886.67M
QoQ: -5.77% | YoY:-17.43%

Gross Profit

332.30M
37.48% margin
QoQ: -13.55% | YoY:-14.33%

Operating Income

4.61M
QoQ: -84.64% | YoY:111.08%

Net Income

414.00K
QoQ: -84.86% | YoY:100.33%

EPS

0.00
QoQ: -84.81% | YoY:100.33%

Revenue Trend

Margin Analysis

Key Insights

### Key Financial Metrics 1. **Revenue**: $886.67 million, a 17.43% decrease YoY and a 5.77% decrease QoQ. 2. **Gross Profit**: $332.30 million, reflecting a 14.33% drop YoY and a 13.55% decline QoQ, leading to a gross profit margin of 37.48%. 3. **Operating Income**: $4.61 million, a substantial improvement of 111.08% YoY; however, it fell 84.64% from the previous quarter. 4. **Net Income**: $414,000, marking a 100.33% increase YoY, but down 84.86% QoQ, resulting in an EPS of $0.0043....

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 818.78 0.27 -7.7% View
Q4 2025 869.47 0.33 -7.6% View
Q3 2025 916.32 0.43 -2.6% View
Q2 2025 1,046.51 -0.18 -2.6% View
Q1 2025 886.67 0.00 -17.4% View