Qorvo Inc (0KSJ.L)

Technology | Semiconductors
Income Statement (Quarterly) 2025-06-28 2025-03-31 2025-03-29 2024-12-28
Revenue 818,778,000 869,474,000 869,474,000 916,317,000
Cost of Revenue 486,976,000 475,734,000 475,734,000 524,901,000
Gross Profit 331,802,000 393,740,000 393,740,000 391,416,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 107,889,000 90,581,000 90,581,000 90,360,000
Operating Expenses 301,716,000 357,678,000 357,678,000 338,391,000
Operating Income 30,086,000 28,221,000 28,221,000 53,025,000
Interest Expense 18,787,000 19,985,000 19,985,000 18,655,000
Income Before Tax 31,685,000 15,223,000 15,223,000 48,896,000
Income Tax Expense -6,091,000 -16,142,000 -16,142,000 7,625,000
Net Income 25,594,000 31,365,000 31,365,000 41,271,000
Per Share
EPS 0.28 0.34 0.34 0.44
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2025-03-29 2024-03-31 2024-03-30 2023-04-01
Revenue 3,718,971,000 3,718,971,000 3,769,506,000 3,769,506,000 3,569,399,000
Cost of Revenue 2,183,382,000 2,183,382,000 2,281,011,000 2,281,011,000 2,272,457,000
Gross Profit 1,535,589,000 1,535,589,000 1,509,682,000 1,509,682,000 1,343,546,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 403,624,000 403,624,000 389,140,000 389,140,000 358,790,000
Operating Expenses 1,440,062,000 1,440,062,000 1,136,776,000 1,136,776,000 1,113,774,000
Operating Income 95,527,000 95,527,000 91,701,000 91,701,000 183,168,000
Interest Expense 78,328,000 78,328,000 69,245,000 69,245,000 68,463,000
Income Before Tax 65,899,000 65,899,000 73,560,000 73,560,000 124,629,000
Income Tax Expense 10,284,000 10,284,000 143,882,000 143,882,000 21,477,000
Net Income 55,615,000 55,615,000 -70,322,000 -70,322,000 103,152,000
Per Share
EPS 0.59 0.59 -0.73 -0.73 1.01
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2025-03-29 2024-03-31 2024-03-30
Assets
Cash and Cash Equivalents 1,021,176,000 1,021,176,000 1,029,258,000 1,029,258,000
Short Term Investments 0 0 0 0
Net Receivables 397,742,000 397,742,000 427,387,000 427,387,000
Inventory 640,992,000 640,992,000 710,555,000 710,555,000
Total Current Assets 2,167,275,000 2,167,275,000 2,446,034,000 2,446,034,000
Property Plant Equipment 801,895,000 801,895,000 870,982,000 870,982,000
Goodwill and Intangibles 2,663,219,000 2,663,219,000 3,043,984,000 3,043,984,000
Total Assets 5,933,131,000 5,933,131,000 6,554,635,000 6,554,635,000
Liabilities
Account Payables 260,663,000 260,663,000 252,993,000 252,993,000
Short Term Debt 0 0 438,740,000 438,740,000
Total Current Liabilities 783,182,000 783,182,000 1,230,087,000 1,230,087,000
Long Term Debt 1,549,215,000 1,549,215,000 1,549,272,000 1,549,272,000
Total Liabilities 2,540,819,000 2,540,819,000 2,998,263,000 2,998,263,000
Shareholders Equity
Retained Earnings -33,983,000 -33,983,000 -89,598,000 -89,598,000
Total Shareholders Equity 3,392,312,000 3,392,312,000 3,556,372,000 3,556,372,000
Balance Sheet (Annual) 2025-03-31 2025-03-29 2024-03-31 2024-03-30 2023-04-01
Assets
Cash and Cash Equivalents 1,021,176,000 1,021,176,000 1,029,258,000 1,029,258,000 808,757,000
Short Term Investments 0 0 0 0 1,094,000
Net Receivables 397,742,000 397,742,000 427,387,000 427,387,000 331,054,000
Inventory 640,992,000 640,992,000 710,555,000 710,555,000 796,596,000
Total Current Assets 2,167,275,000 2,167,275,000 2,446,034,000 2,446,034,000 2,029,794,000
Property Plant Equipment 801,895,000 801,895,000 870,982,000 870,982,000 1,149,806,000
Goodwill and Intangibles 2,663,219,000 2,663,219,000 3,043,984,000 3,043,984,000 3,298,516,000
Total Assets 5,933,131,000 5,933,131,000 6,554,635,000 6,554,635,000 6,691,903,000
Liabilities
Account Payables 260,663,000 260,663,000 252,993,000 252,993,000 210,701,000
Short Term Debt 0 0 438,740,000 438,740,000 310,000
Total Current Liabilities 783,182,000 783,182,000 1,230,087,000 1,230,087,000 555,763,000
Long Term Debt 1,549,215,000 1,549,215,000 1,549,272,000 1,549,272,000 2,048,072,999
Total Liabilities 2,540,819,000 2,540,819,000 2,998,263,000 2,998,263,000 2,789,109,000
Shareholders Equity
Retained Earnings -33,983,000 -33,983,000 -89,598,000 -89,598,000 84,495,000
Total Shareholders Equity 3,392,312,000 3,392,312,000 3,556,372,000 3,556,372,000 3,902,794,000
Cash Flow Statement (Quarterly) 2025-03-31 2025-03-29 2024-03-31 2024-03-30
Operating Activities
Net Income 55,615,000 55,615,000 -70,322,000 -70,322,000
Depreciation & Amortization 296,836,000 296,836,000 320,933,000 320,933,000
Stock Based Compensation 136,346,000 136,346,000 120,834,000 120,834,000
Change in Working Capital -6,393,000 -6,393,000 142,404,000 142,404,000
Operating Cash Flow 622,202,000 622,202,000 833,189,000 833,189,000
Investing Activities
Capital Expenditure -137,600,000 -137,600,000 -127,230,000 -127,230,000
Investments -137,600,000 -137,600,000 -127,230,000 -127,230,000
Investing Cash Flow 36,555,000 36,555,000 -136,470,000 -136,470,000
Financing Activities
Debt Repayment -439,124,000 -439,124,000 -58,309,000 -58,309,000
Common Stock Issued/Repurchased -320,595,000 -320,595,000 -363,136,000 -363,136,000
Dividends Paid 0 0 0 0
Financing Cash Flow -684,362,000 -684,362,000 -459,574,000 -459,574,000
Summary
Free Cash Flow 484,602,000 484,602,000 705,959,000 705,959,000
Net Change in Cash -28,082,000 -28,082,000 240,315,000 240,315,000
Cash Flow Statement (Annual) 2025-03-31 2025-03-29 2024-03-31 2024-03-30 2023-04-01
Operating Activities
Net Income 55,615,000 55,615,000 -70,322,000 -70,322,000 103,152,000
Depreciation & Amortization 296,836,000 296,836,000 320,933,000 320,933,000 338,848,000
Stock Based Compensation 136,346,000 136,346,000 120,834,000 120,834,000 105,580,000
Change in Working Capital -6,393,000 -6,393,000 142,404,000 142,404,000 96,985,000
Operating Cash Flow 622,202,000 622,202,000 833,189,000 833,189,000 843,231,000
Investing Activities
Capital Expenditure -137,600,000 -137,600,000 -127,230,000 -127,230,000 -158,953,000
Investments -137,600,000 -137,600,000 -127,230,000 -127,230,000 -158,953,000
Investing Cash Flow 36,555,000 36,555,000 -136,470,000 -136,470,000 -153,409,000
Financing Activities
Debt Repayment -439,124,000 -439,124,000 -58,309,000 -58,309,000 0
Common Stock Issued/Repurchased -320,595,000 -320,595,000 -363,136,000 -363,136,000 -829,244,000
Dividends Paid 0 0 0 0 0
Financing Cash Flow -684,362,000 -684,362,000 -459,574,000 -459,574,000 -853,353,000
Summary
Free Cash Flow 484,602,000 484,602,000 705,959,000 705,959,000 684,278,000
Net Change in Cash -28,082,000 -28,082,000 240,315,000 240,315,000 -163,862,000