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Nasdaq · Technology

Qorvo, Inc. (QRVO)

As-reported financials and recent SEC filings for Qorvo, Inc., latest fiscal period FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

Snapshot

Revenue
$3.68B
Revenue growth (YoY)
-1.1%
Net income
$339.0M
Diluted EPS
$3.62
Gross margin
45.9%
Operating margin
11.2%
Net margin
9.2%
FCF margin
18.5%
ROE
10.1%
P/E (TTM)
24.6×
Market cap
$7.85B
Debt / equity
0.5×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Qorvo

  • Revenue fell 1.1% to $3.7B in FY2026, after a 1.3% decline the year before.
  • Operating margin is 11.2% in FY2026, -15.2 pp against 26.4% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $808M, down 7.0% from Q4 FY2025.
  • Free cash flow was $680M in FY2026, 18.5% of revenue.
  • Net income rose 509.5% to $339M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Qorvo’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin45.9%
55th percentile of 78
Operating margin11.2%
69th percentile of 79
Net margin9.2%
66th percentile of 80
FCF margin18.5%
73rd percentile of 78
Revenue growth (YoY)-1.1%
25th percentile of 88
ROE10.1%
70th percentile of 74
P/E (TTM)24.6×
16th percentile of 45
Debt / equity0.46×
70th percentile of 45
Short interest6.96d
92nd percentile of 88

No open-market insider buys in the last 90 days; 13 insider sales totaling $201.6M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
4
0 new, 4 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$1.00B
reported long value
InvestorAs ofPosition valueSharesChange
Starboard ValueQ1 2026$581.3M7.5MHeld
Millennium ManagementquantQ1 2026$172.2M2.2MReduced
D. E. ShawquantQ1 2026$123.9M1.6MReduced
Renaissance TechnologiesquantQ1 2026$42.1M544.2KAdded
Two Sigma InvestmentsquantQ1 2026$39.3M507.4KAdded
Gotham Asset ManagementQ1 2026$23.3M300.6KAdded
AQR Capital ManagementquantQ1 2026$10.9M141.0KReduced
Citadel AdvisorsquantQ1 2026$5.9M76.3KReduced
Bridgewater AssociatesQ1 2026$2.9M37.1KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
13
$201.6M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-02
Feld Peter ADirectorSell1.3M$100.25$133.1M
2026-06-02
Feld Peter ADirectorSell571.9K$103.41$59.1M
2026-06-01
filed 2026-06-02
BRUGGEWORTH ROBERT APresident and CEOSell28.5K$99.73$2.8M
2026-06-01
filed 2026-06-02
BRUGGEWORTH ROBERT APresident and CEOSell13.2K$100.56$1.3M
2026-06-01
filed 2026-06-02
BRUGGEWORTH ROBERT APresident and CEOSell13.0K$101.22$1.3M
2026-06-01
filed 2026-06-02
BRUGGEWORTH ROBERT APresident and CEOSell3.3K$102.40$333K
2026-05-22
filed 2026-05-26
Harrison GinaVP and Corporate ControllerSell4.7K$100.00$471K
2026-05-22
filed 2026-05-26
FEGO PAUL JSVP, Global OperationsSell2.5K$100.00$250K
2026-05-19
filed 2026-05-20
Harrison GinaVP and Corporate ControllerSell956$95.00$91K
2026-05-18
filed 2026-05-19
Brown GrantSVP & Chief Financial OfficerSell1.5K$93.00$144K
2026-05-18
filed 2026-05-19
Chesley PhilipSVP, High Performance AnalogSell1.3K$93.00$120K
2026-05-15
filed 2026-05-19
Brown GrantSVP & Chief Financial OfficerSell14.2K$88.78$1.3M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.0M
settled 2026-07-15
Change vs prior
+3.2%
vs previous settlement
Days to cover
6.96
at avg daily volume
Avg daily volume
1.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-157.0M+3.2%6.96
2026-06-306.8M+10.4%4.20
2026-06-156.1M-12.2%4.98
2026-05-297.0M+11.0%5.15
2026-05-156.3M+7.2%5.14
2026-04-305.9M-15.0%6.39
2026-04-156.9M+10.4%5.96
2026-03-316.3M+1.4%4.93

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$3.68B$3.72B$3.77B$3.57B$4.65B
Gross profit$1.69B$1.54B$1.49B$1.30B$2.29B
Operating income$411.4M$95.5M$91.7M$183.2M$1.23B
Net income$339.0M$55.6M$-70.3M$103.2M$1.03B
Diluted EPS$3.62$0.58$-0.72$1.00$9.26

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$808.6M$622.2M$833.2M$843.2M$1.05B
Capital expenditure$129.1M$137.6M$127.2M$159.0M$213.5M
Free cash flow$679.6M$484.6M$706.0M$684.3M$835.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$808.3M-7.0%$29.7M$0.32
Q3 FY2026$993.0M8.4%$164.1M$1.75
Q2 FY2026$1.06B1.1%$119.6M$1.28
Q1 FY2026$818.8M-7.7%$25.6M$0.27
Q4 FY2025$869.5M-7.6%$31.4M$0.33
Q3 FY2025$916.3M-14.7%$41.3M$0.43
Q2 FY2025$1.05B-5.2%$-17.4M$-0.18
Q1 FY2025$886.7M36.2%$414,000$0.00

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Fiscal year endApril 3
Latest fiscal periodFY2026
SEC filings since2017
SEC CIK1604778

Recent SEC filings

10-K2026-05-08
View on EDGAR →
8-K2026-06-12
View on EDGAR →
8-K2026-06-09
View on EDGAR →
8-K2026-05-05
View on EDGAR →

Largest semiconductor peers

All semiconductor stocksAll Technology companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.