QRVO
Qorvo Inc
Q4 2025 Report
Qorvo Inc (QRVO) Q4 2025 Financial Results: Solid Growth Amid Transitioning Markets...
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Executive Summary
In Q1 2026, Qorvo Inc delivered robust financial performance with revenues reaching $818.8 million, although it reflected a 7.66% year-over-year decline and a 5.83% decrease quarter-over-quarter. The company recorded a non-GAAP gross margin of 44% and diluted EPS of $0.92, exceeding management's guidance, driven by strategic cost management and product mix enhancement. Key growth areas include defense, aerospace, and ultra-wideband technologies, while continuing to mitigate exposure to low-margin Android markets. The company is well-positioned to leverage rising defense spending and strong demand across various technology applications, with a positive outlook for fiscal Q2 2026.
Key Performance Indicators
Revenue
818.78M
QoQ: -5.83% | YoY:-7.66%
Gross Profit
331.80M
40.52% margin
QoQ: -15.73% | YoY:-0.15%
Operating Income
30.09M
QoQ: 6.61% | YoY:553.19%
Net Income
25.59M
QoQ: -18.40% | YoY:6 082.13%
EPS
0.28
QoQ: -17.65% | YoY:6 411.63%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue**: $818.8 million (YoY: -7.66%, QoQ: -5.83%)
- **Gross Profit**: $331.8 million, **Gross Margin**: 44% (YoY: +300 bps)
- **Net Income**: $25.6 million (YoY: +6082.13%, QoQ: -18.4%)
- **EPS (Diluted)**: $0.27 (YoY: +6411.63%, QoQ: -17.65%)
- **Cash**: $1.165 billion at quarter end