← Qorvo, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0b |
$3.0b
-1.95%
|
$3.1b
+3.93%
|
$3.2b
+4.82%
|
$4.0b
+23.96%
|
$4.6b
+15.70%
|
$3.6b
-23.17%
|
$3.8b
+5.61%
|
$3.7b
-1.34%
|
$3.7b
-1.09%
|
$3.6b
-0.92%
|
|
| Cost of goods sold | $1.9b |
$1.8b
-3.72%
|
$1.9b
+3.75%
|
$1.9b
+1.17%
|
$2.1b
+11.18%
|
$2.4b
+10.69%
|
$2.3b
-3.69%
|
$2.3b
+0.38%
|
$2.2b
-4.28%
|
$2.0b
-8.84%
|
$1.9b
-5.18%
|
|
| Gross profit | $1.1b |
$1.1b
+1.01%
|
$1.2b
+4.20%
|
$1.3b
+10.59%
|
$1.9b
+42.50%
|
$2.3b
+21.37%
|
$1.3b
-43.27%
|
$1.5b
+14.77%
|
$1.5b
+3.16%
|
$1.7b
+9.93%
|
$1.8b
+4.10%
|
|
| Research and development | $470.8m | $445.1m | $450.5m | $484.4m | $570.4m | $623.6m | $649.8m | $682.2m | $747.7m | $726.1m | $719.3m | |
| Selling and Marketing Expense | — | — | — | — | — | — | $210.7m | $217.3m | $231.9m | $215.5m | $362.9m | |
| General and Administrative Expense | — | — | — | — | — | — | $148.1m | $171.9m | $171.7m | $165.2m | $155.5m | |
| Total operating expenses | $1.0b | $1.1b | $978.7m | $898.5m | $976.9m | $1.1b | $1.1b | $1.4b | $1.4b | $1.3b | $1.2b | |
| Operating income | $88.1m |
$70.3m
-20.19%
|
$216.5m
+208.00%
|
$423.2m
+95.51%
|
$906.6m
+114.22%
|
$1.2b
+35.23%
|
$183.2m
-85.06%
|
$91.7m
-49.94%
|
$95.5m
+4.17%
|
$411.4m
+330.69%
|
$560.5m
+36.23%
|
|
| Interest expense | ($58.9m) | ($59.5m) | ($44.0m) | ($60.4m) | ($75.2m) | ($63.3m) | ($68.5m) | ($69.2m) | ($78.3m) | ($73.1m) | $70.2m | |
| Other income, net | ($3.1m) | ($606k) | ($91.7m) | $20.2m | ($24.0m) | $18.3m | $9.9m | $51.1m | $48.7m | $60.0m | ($23.2m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total | — | — | — | — | — | $1.2b | $124.6m | $73.6m | $65.9m | $398.3m | $467.1m | |
| Income tax expense | ($43.9m) | ($57.4m) | $41.3m | $60.8m | $73.8m | $147.7m | $21.5m | $143.9m | ($10.3m) | ($59.3m) | $67.9m | |
| Net income (loss) | ($16.6m) |
($40.3m)
-143.31%
|
$133.1m
+430.43%
|
$334.3m
+151.14%
|
$733.6m
+119.43%
|
$1.0b
+40.86%
|
$103.2m
-90.02%
|
($70.3m)
-168.17%
|
$55.6m
+179.09%
|
$339.0m
+509.53%
|
$399.2m
+17.76%
|
|
| Basic net (loss) income per share | ($0.13) | ($0.32) | $1.07 | $2.86 | $6.43 | ($9.38) | ($1.01) | $0.72 | ($0.59) | ($3.66) | — | |
| Diluted | ($0.13) | ($0.32) | $1.05 | $2.80 | $6.32 | $9.26 | $1.00 | ($0.72) | $0.58 | $3.62 | $399,197,000.00 | |
| Basic | ($0.13) | ($0.32) | $1.07 | $2.86 | $6.43 | $9.38 | $1.01 | ($0.72) | $0.59 | $3.66 | $4.35 | |
| Intangible Asset, Including Goodwill, Impairment Loss | — | — | — | — | — | — | $12.4m | $221.4m | $192.6m | $82.4m | — | |
| Other Cost and Expense, Operating | — | $103.8m | $52.2m | $70.6m | $39.3m | $86.7m | $105.1m | $104.0m | $96.2m | $87.5m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.