Qorvo, Inc. financial data

Symbol
QRVO on Nasdaq
Industry
Semiconductors & Related Devices
Location
7628 Thorndike Road, Greensboro, NC
State of incorporation
DE
Fiscal year end
March 29
Former names
Rocky Holding, Inc. (to 10/8/2014)
Latest financial report
10-Q - Q4 2024 - Jan 29, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 206 % -26.4%
Quick Ratio 60.8 % -41.7%
Debt-to-equity 84.1 % +9.75%
Return On Equity 0.78 %
Return On Assets 0.42 %
Operating Margin 2.57 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 93.4M shares -3.26%
Common Stock, Shares, Outstanding 93.6M shares -3.23%
Entity Public Float 9.27B USD +14.8%
Weighted Average Number of Shares Outstanding, Basic 94.3M shares -2.89%
Weighted Average Number of Shares Outstanding, Diluted 95M shares -2.18%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.79B USD +9.51%
Research and Development Expense 748M USD +12.3%
Operating Income (Loss) 97.3M USD
Income Tax Expense (Benefit) 53.2M USD -5.84%
Net Income (Loss) Attributable to Parent 27M USD
Earnings Per Share, Basic 0.29 USD/shares
Earnings Per Share, Diluted 0.29 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 769M USD -28.2%
Accounts Receivable, after Allowance for Credit Loss, Current 428M USD -11.6%
Inventory, Net 656M USD -9.7%
Other Assets, Current 77.7M USD +2.96%
Assets, Current 2.1B USD -13.7%
Property, Plant and Equipment, Net 821M USD -21%
Operating Lease, Right-of-Use Asset 61.3M USD -26.6%
Intangible Assets, Net (Excluding Goodwill) 332M USD -33.5%
Goodwill 2.44B USD -4.06%
Other Assets, Noncurrent 250M USD +50.3%
Assets 5.96B USD -11%
Accounts Payable, Current 283M USD +0.14%
Employee-related Liabilities, Current 116M USD +24.9%
Accrued Liabilities, Current 268M USD -18.1%
Liabilities, Current 808M USD -36.9%
Operating Lease, Liability, Noncurrent 50.6M USD -26.9%
Other Liabilities, Noncurrent 226M USD -2.04%
Liabilities 2.58B USD -15.6%
Common Stocks, Including Additional Paid in Capital 3.46B USD -7.36%
Accumulated Other Comprehensive Income (Loss), Net of Tax -10.1M USD -9972%
Retained Earnings (Accumulated Deficit) -65.3M USD +29.2%
Stockholders' Equity Attributable to Parent 3.38B USD -7.09%
Liabilities and Equity 5.96B USD -11%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 81.1M USD +80.6%
Net Cash Provided by (Used in) Financing Activities -29.5M USD +71.9%
Net Cash Provided by (Used in) Investing Activities -17.2M USD -336%
Common Stock, Shares Authorized 405M shares 0%
Common Stock, Shares, Issued 93.6M shares -3.23%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 33.2M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 769M USD -29.5%
Deferred Tax Assets, Valuation Allowance 43.6M USD +21.6%
Deferred Tax Assets, Gross 213M USD -0.6%
Operating Lease, Liability 66.2M USD -25.2%
Depreciation 41.3M USD -17.5%
Payments to Acquire Property, Plant, and Equipment 38.2M USD -3.13%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 16.8M USD
Lessee, Operating Lease, Liability, to be Paid 74.4M USD -25.2%
Property, Plant and Equipment, Gross 2.55B USD -16.2%
Operating Lease, Liability, Current 15.6M USD -19.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 15.6M USD -11.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.2M USD -22%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -25.6M USD -40%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.27M USD -25.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.9M USD -21.8%
Deferred Tax Assets, Operating Loss Carryforwards 25.6M USD +15.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 159M USD +4.31%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10.6M USD -14.3%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 34.9M USD +12.6%
Deferred Tax Assets, Net of Valuation Allowance 169M USD -5.06%
Interest Expense 75.6M USD +9.28%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%