2QO.DE
Qorvo Inc
Q1 2026 Report
Qorvo Inc (2QO.DE) QQ1 2026 Financial Analysis: Resilient Performance Amid Market Challenges...
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Executive Summary
In the fourth quarter of 2025, Qorvo Inc (2QO.DE) showed signs of resilience amidst a volatile semiconductor market, reporting total revenues of $869.5 million, a decline of 5.1% quarter-over-quarter and 7.6% year-over-year. Despite the revenue dip, the company posted a robust net income of $31.4 million, representing an impressive year-on-year increase of 1,046.8%. Management highlighted ongoing investments in research and development alongside strategic partnerships aimed at fortifying their position within the mobile products and semiconductor markets.
The overall negative growth in revenue is attributed primarily to decreased demand in mobile segments, reflecting broad industry patterns. Yet, improvements in gross profit margin—up to 45.3%—indicate tighter cost controls and enhanced operational efficiencies. As Qorvo embarks on several transformative initiatives, investors are advised to focus on management's guidance amidst the backdrop of shifting market dynamics.
Key Performance Indicators
Revenue
869.47M
QoQ: -5.11% | YoY:-7.60%
Gross Profit
393.74M
45.28% margin
QoQ: 0.59% | YoY:2.44%
Operating Income
28.22M
QoQ: -46.78% | YoY:-5.86%
Net Income
31.37M
QoQ: -24.00% | YoY:1 046.80%
EPS
0.34
QoQ: -22.73% | YoY:1 101.41%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue**: $869.5M, down 7.6% YoY and 5.1% QoQ
- **Gross Profit**: $393.7M, representing a gross margin of 45.3%—a year-on-year improvement of 2.44% and a quarterly increase of 0.59%.
- **Operating Income**: $28.2M, a 5.9% decline YoY and a significant 46.78% decrease QoQ
- **Net Income**: $31.4M, a remarkable increase of 1,046.8% YoY, although down 24% from Q3 2025
- **EPS (Diluted)**: $0.33, up 1,101.41% YoY but down 22.73% QoQ.