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 - Q3 2024 - Oct 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 193 % -44.5%
Quick Ratio 56.5 % -58.9%
Debt-to-equity 86 % +17.6%
Return On Equity -4.01 % -56.6%
Return On Assets -2.16 % -46%
Operating Margin 0.07 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 94.5M shares -2.9%
Common Stock, Shares, Outstanding 94.7M shares -2.92%
Entity Public Float 9.27B USD +14.8%
Weighted Average Number of Shares Outstanding, Basic 94.9M shares -3.12%
Weighted Average Number of Shares Outstanding, Diluted 94.9M shares -3.76%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.95B USD +26.1%
Research and Development Expense 733M USD +12.6%
Operating Income (Loss) 2.69M USD -93.6%
Income Tax Expense (Benefit) 129M USD -52.6%
Net Income (Loss) Attributable to Parent -141M USD -40.6%
Earnings Per Share, Basic -1.46 USD/shares -60.4%
Earnings Per Share, Diluted -1.45 USD/shares -57.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.1B USD +55.1%
Accounts Receivable, after Allowance for Credit Loss, Current 581M USD -1.99%
Inventory, Net 694M USD -17.3%
Other Assets, Current 110M USD +137%
Assets, Current 2.53B USD +11.9%
Property, Plant and Equipment, Net 847M USD -20.2%
Operating Lease, Right-of-Use Asset 61.3M USD -26.6%
Intangible Assets, Net (Excluding Goodwill) 446M USD -5.8%
Goodwill 2.44B USD -9.99%
Other Assets, Noncurrent 216M USD +15.2%
Assets 6.5B USD -3.21%
Accounts Payable, Current 322M USD +16.9%
Employee-related Liabilities, Current 116M USD +24.9%
Accrued Liabilities, Current 354M USD +16.4%
Liabilities, Current 1.33B USD +98.5%
Operating Lease, Liability, Noncurrent 50.6M USD -26.9%
Other Liabilities, Noncurrent 210M USD +16.1%
Liabilities 3.09B USD +6.6%
Common Stocks, Including Additional Paid in Capital 3.52B USD -7.39%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.15M USD
Retained Earnings (Accumulated Deficit) -107M USD -408%
Stockholders' Equity Attributable to Parent 3.41B USD -10.7%
Liabilities and Equity 6.5B USD -3.21%

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 94.7M shares -2.92%
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 1.1B USD +55.1%
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 -126M USD -74.9%
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 74.6M USD +8.53%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%