Technology -
Semiconductors - NASDAQ - US
$ 70.93
-0.58 %
$ 6.62 B
Market Cap
121.22
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
Qorvo, Inc.
| Revenue | 3.72 B |
| Cost Of Revenue | 2.18 B |
| Gross Profit | 1.54 B |
| Operating Expenses | 1.15 B |
| Operating Income | 95.5 M |
| Other Expenses | 166 M |
| Net Income | -70.3 M |
Income Statement
Millions
| Mar-2025 | Mar-2024 | Apr-2023 | Apr-2022 | Apr-2021 | Mar-2020 | Mar-2019 | Mar-2018 | Apr-2017 | Apr-2016 | Mar-2015 | Mar-2014 | Mar-2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||
| Revenue | 3 719.0 | 3 769.5 | 3 569.4 | 4 645.7 | 4 015.3 | 3 239.1 | 3 090.3 | 2 973.5 | 3 032.6 | 2 610.7 | 1 711.0 | 1 148.2 | 964.1 |
| GROSS PROFIT | |||||||||||||
| Cost Of Revenue | 2 183.4 | 2 281.0 | 2 272.5 | 2 359.5 | 2 131.7 | 1 917.4 | 1 895.1 | 1 826.6 | 1 897.1 | 1 561.2 | 1 021.7 | 743.3 | 658.3 |
| Gross Profit | 1 535.6 | 1 488.5 | 1 296.9 | 2 286.2 | 1 883.6 | 1 321.8 | 1 195.2 | 1 147.0 | 1 135.5 | 1 049.6 | 689.3 | 404.9 | 305.8 |
| OPERATING INCOME | |||||||||||||
| Operating Expenses | 1 151.3 | 1 407.7 | 1 113.8 | 1 060.1 | 976.9 | 898.5 | 978.7 | 1 076.7 | 1 047.5 | 1 037.6 | 566.8 | 377.6 | 321.5 |
| Selling, General and Administrative Expenses | 403.6 | 389.1 | 358.8 | 349.7 | 367.2 | 343.6 | 476.1 | 527.8 | 545.6 | 534.1 | 249.9 | 151.4 | 132.9 |
| Research and Development Expenses | 747.7 | 682.2 | 649.8 | 623.6 | 570.4 | 484.4 | 450.5 | 445.1 | 470.8 | 448.8 | 257.5 | 197.3 | 178.8 |
| Operating Income | 95.5 | 91.7 | 183.2 | 883.0 | 426.5 | (13.4) | 183.5 | (637.5) | 88.1 | 12.0 | 122.5 | 27.3 | (15.7) |
| PRE-TAX INCOME | |||||||||||||
| Interest Income Expense | 0 | 69.2 | 68.5 | 63.3 | 75.2 | 60.4 | 44.0 | 59.5 | 58.9 | 23.3 | 1.4 | 6.0 | 6.5 |
| Total Other Income | (29.6) | (18.1) | (58.5) | (45.0) | (99.2) | (28.1) | (124.7) | (53.1) | (60.8) | (14.8) | (1.2) | (3.5) | (10.2) |
| Pre-Tax Income | 65.9 | 73.6 | 124.6 | 1 181.1 | 807.4 | 395.1 | 91.8 | 17.1 | 27.3 | (2.9) | 121.2 | 23.9 | (25.9) |
| NET INCOME | |||||||||||||
| Tax Provision | 10.3 | 143.9 | 21.5 | 147.7 | 73.8 | 60.8 | (41.3) | 57.4 | 43.9 | 26.0 | (75.1) | 11.2 | 27.1 |
| Net Income | 55.6 | (70.3) | 103.2 | 1 033.4 | 733.6 | 334.3 | 133.1 | (40.3) | (16.6) | (28.8) | 196.3 | 12.6 | (53.0) |
| EPS | 0.59 | 0.72 | 1.01 | 9.38 | 6.43 | 2.86 | 1.07 | 0.32 | 0.13 | 0.2 | 1.32 | 0.0851 | 0.36 |