Qorvo Historical Income Statement

QRVO Stock

USD 95.95 0.28 0.29%

Historical analysis of Qorvo income statement accounts such as Operating Income of 96.3 M, Research Development of 716.4 M, Cost Of Revenue of 2.4 B or Income Before Tax of 69.9 M can show how well Qorvo Inc performed in making a profits. Evaluating Qorvo income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qorvo's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Qorvo Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Qorvo Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qorvo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

About Qorvo Income Statement Analysis

Qorvo Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Qorvo shareholders. The income statement also shows Qorvo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Qorvo Income Statement Chart

Qorvo Inc Income Statement is one of the three primary financial statements used for reporting Qorvo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Qorvo Inc revenue and expense. Qorvo Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Qorvo's Depreciation And Amortization is very stable compared to the past year. As of the 3rd of May 2024, Selling And Marketing Expenses is likely to grow to about 507.7 M, while Selling General Administrative is likely to drop about 280.2 M.

Selling General Administrative Total Revenue Gross Profit Research Development Income Tax Expense

Total Revenue

Total revenue comprises all receipts Qorvo Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Qorvo Inc minus its cost of goods sold. It is profit before Qorvo operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Qorvo's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qorvo Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qorvo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

	2021	2022	2023	2024 (projected)
Gross Profit	2.3B	1.3B	1.5B	804.4M
Total Revenue	4.6B	3.6B	3.8B	1.9B

Gross Profit Total Revenue

Qorvo income statement Correlations

	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Operating Income	Research Development	Cost Of Revenue	Income Before Tax	Net Income	Income Tax Expense	Depreciation And Amortization	Selling And Marketing Expenses	Other Operating Expenses	Ebit	Ebitda	Total Operating Expenses	Total Other Income Expense Net	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.76	0.82	0.77	0.19	0.94	0.95	0.39	0.29	0.69	0.47	0.92	0.93	0.1	0.43	0.88	0.33	0.4	0.1	0.3	-0.92	-0.26	-0.78	0.78
Selling General Administrative	0.76		0.72	0.64	-0.03	0.63	0.72	0.22	0.17	0.32	0.62	0.73	0.76	-0.33	0.09	0.73	0.57	0.2	-0.22	0.14	-0.89	0.12	-0.36	0.47
Total Revenue	0.82	0.72		0.98	0.41	0.84	0.89	0.63	0.58	0.45	0.5	0.84	0.93	0.26	0.66	0.88	0.46	0.63	0.0	0.46	-0.79	-0.16	-0.67	0.7
Gross Profit	0.77	0.64	0.98		0.53	0.79	0.84	0.77	0.73	0.5	0.46	0.77	0.87	0.4	0.78	0.8	0.46	0.77	0.02	0.59	-0.74	-0.22	-0.68	0.69
Operating Income	0.19	-0.03	0.41	0.53		0.29	0.28	0.77	0.77	0.27	-0.18	0.13	0.26	0.77	0.71	0.13	-0.12	0.8	-0.08	0.45	-0.18	-0.34	-0.5	0.5
Research Development	0.94	0.63	0.84	0.79	0.29		0.98	0.38	0.29	0.63	0.44	0.94	0.94	0.23	0.54	0.92	0.2	0.41	0.11	0.26	-0.82	-0.28	-0.81	0.79
Cost Of Revenue	0.95	0.72	0.89	0.84	0.28	0.98		0.43	0.35	0.57	0.54	0.96	0.97	0.15	0.54	0.93	0.34	0.45	0.04	0.29	-0.86	-0.18	-0.75	0.78
Income Before Tax	0.39	0.22	0.63	0.77	0.77	0.38	0.43		0.98	0.43	0.08	0.3	0.42	0.73	0.86	0.27	0.35	0.99	0.1	0.81	-0.36	-0.35	-0.53	0.53
Net Income	0.29	0.17	0.58	0.73	0.77	0.29	0.35	0.98		0.27	0.05	0.22	0.34	0.7	0.82	0.19	0.38	0.98	0.01	0.75	-0.28	-0.28	-0.43	0.47
Income Tax Expense	0.69	0.32	0.45	0.5	0.27	0.63	0.57	0.43	0.27		0.15	0.53	0.53	0.4	0.51	0.5	-0.01	0.41	0.47	0.56	-0.56	-0.46	-0.7	0.51
Depreciation And Amortization	0.47	0.62	0.5	0.46	-0.18	0.44	0.54	0.08	0.05	0.15		0.7	0.57	-0.45	0.24	0.63	0.59	0.05	-0.24	0.06	-0.5	0.35	0.08	0.12
Selling And Marketing Expenses	0.92	0.73	0.84	0.77	0.13	0.94	0.96	0.3	0.22	0.53	0.7		0.96	-0.01	0.47	0.96	0.38	0.3	0.01	0.18	-0.82	-0.06	-0.63	0.69
Other Operating Expenses	0.93	0.76	0.93	0.87	0.26	0.94	0.97	0.42	0.34	0.53	0.57	0.96		0.11	0.52	0.98	0.37	0.42	0.03	0.29	-0.87	-0.14	-0.72	0.73
Ebit	0.1	-0.33	0.26	0.4	0.77	0.23	0.15	0.73	0.7	0.4	-0.45	-0.01	0.11		0.76	0.0	-0.25	0.75	0.36	0.61	0.07	-0.63	-0.58	0.4
Ebitda	0.43	0.09	0.66	0.78	0.71	0.54	0.54	0.86	0.82	0.51	0.24	0.47	0.52	0.76		0.45	0.18	0.86	0.21	0.71	-0.27	-0.41	-0.56	0.51
Total Operating Expenses	0.88	0.73	0.88	0.8	0.13	0.92	0.93	0.27	0.19	0.5	0.63	0.96	0.98	0.0	0.45		0.32	0.27	0.03	0.19	-0.82	-0.1	-0.63	0.63
Total Other Income Expense Net	0.33	0.57	0.46	0.46	-0.12	0.2	0.34	0.35	0.38	-0.01	0.59	0.38	0.37	-0.25	0.18	0.32		0.33	-0.41	0.15	-0.35	0.48	0.0	0.3
Net Income From Continuing Ops	0.4	0.2	0.63	0.77	0.8	0.41	0.45	0.99	0.98	0.41	0.05	0.3	0.42	0.75	0.86	0.27	0.33		0.05	0.75	-0.35	-0.34	-0.56	0.58
Non Operating Income Net Other	0.1	-0.22	0.0	0.02	-0.08	0.11	0.04	0.1	0.01	0.47	-0.24	0.01	0.03	0.36	0.21	0.03	-0.41	0.05		0.55	0.01	-0.47	-0.29	-0.09
Tax Provision	0.3	0.14	0.46	0.59	0.45	0.26	0.29	0.81	0.75	0.56	0.06	0.18	0.29	0.61	0.71	0.19	0.15	0.75	0.55		-0.31	-0.49	-0.36	0.15
Interest Income	-0.92	-0.89	-0.79	-0.74	-0.18	-0.82	-0.86	-0.36	-0.28	-0.56	-0.5	-0.82	-0.87	0.07	-0.27	-0.82	-0.35	-0.35	0.01	-0.31		0.18	0.61	-0.61
Net Interest Income	-0.26	0.12	-0.16	-0.22	-0.34	-0.28	-0.18	-0.35	-0.28	-0.46	0.35	-0.06	-0.14	-0.63	-0.41	-0.1	0.48	-0.34	-0.47	-0.49	0.18		0.46	-0.12
Reconciled Depreciation	-0.78	-0.36	-0.67	-0.68	-0.5	-0.81	-0.75	-0.53	-0.43	-0.7	0.08	-0.63	-0.72	-0.58	-0.56	-0.63	0.0	-0.56	-0.29	-0.36	0.61	0.46		-0.89
Extraordinary Items	0.78	0.47	0.7	0.69	0.5	0.79	0.78	0.53	0.47	0.51	0.12	0.69	0.73	0.4	0.51	0.63	0.3	0.58	-0.09	0.15	-0.61	-0.12	-0.89

Click cells to compare fundamentals

Qorvo Account Relationship Matchups

Qorvo income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	60.4M	75.2M	63.3M	68.5M	78.7M	82.7M
Selling General Administrative	343.6M	406.5M	349.7M	358.8M	412.6M	280.2M
Total Revenue	3.2B	4.0B	4.6B	3.6B	3.8B	1.9B
Gross Profit	1.3B	1.9B	2.3B	1.3B	1.5B	804.4M
Operating Income	(13.5M)	426.5M	883.0M	183.2M	91.7M	96.3M
Research Development	484.4M	570.4M	623.6M	649.8M	682.2M	716.4M
Cost Of Revenue	1.9B	2.1B	2.4B	2.3B	2.3B	2.4B
Income Before Tax	395.1M	807.4M	1.2B	124.6M	73.6M	69.9M
Net Income Applicable To Common Shares	334.3M	733.6M	1.0B	103.2M	118.6M	166.6M
Net Income	334.3M	733.6M	1.0B	103.2M	(70.3M)	(66.8M)
Income Tax Expense	60.8M	73.8M	147.7M	21.5M	143.9M	151.1M
Depreciation And Amortization	468.9M	456.1M	361.4M	9.9M	318.9M	434.1M
Other Operating Expenses	2.8B	3.1B	3.4B	3.4B	3.6B	2.9B
Ebit	(13.5M)	426.5M	883.0M	183.2M	91.7M	96.3M
Ebitda	455.5M	882.6M	1.2B	193.1M	410.6M	429.0M
Total Operating Expenses	898.5M	976.9M	1.1B	1.1B	1.3B	990.1M
Total Other Income Expense Net	408.5M	380.9M	298.1M	(58.5M)	(18.1M)	(17.2M)
Net Income From Continuing Ops	334.3M	733.6M	1.0B	103.2M	118.6M	112.7M
Non Operating Income Net Other	32.3M	(24.0M)	18.3M	9.9M	11.4M	12.0M
Tax Provision	60.8M	73.8M	147.7M	21.5M	24.7M	23.5M
Interest Income	7.0M	11.0M	12.1M	6.9M	6.2M	8.0M
Net Interest Income	(48.3M)	(75.2M)	(63.3M)	(68.5M)	(61.6M)	(64.7M)
Reconciled Depreciation	468.9M	456.1M	361.4M	338.8M	305.0M	400.3M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Qorvo Inc using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether Qorvo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qorvo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qorvo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qorvo Inc Stock:

How To Invest In Qorvo

Details

Is Qorvo Stock a good investment?

Details

What is Qorvo's Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

View

Largest Information Technology Companies

View

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Qorvo Stock analysis

When running Qorvo's price analysis, check to measure Qorvo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qorvo is operating at the current time. Most of Qorvo's value examination focuses on studying past and present price action to predict the probability of Qorvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qorvo's price. Additionally, you may evaluate how the addition of Qorvo to your portfolios can decrease your overall portfolio volatility.

	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Transaction History View history of all your transactions and understand their impact on performance
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Insider Screener Find insiders across different sectors to evaluate their impact on performance

Is Qorvo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qorvo. If investors know Qorvo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qorvo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.46)

Earnings Share

(0.73)

Revenue Per Share

38.639

Quarterly Revenue Growth

0.487

Return On Assets

0.0087

The market value of Qorvo Inc is measured differently than its book value, which is the value of Qorvo that is recorded on the company's balance sheet. Investors also form their own opinion of Qorvo's value that differs from its market value or its book value, called intrinsic value, which is Qorvo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qorvo's market value can be influenced by many factors that don't directly affect Qorvo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Qorvo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qorvo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qorvo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Qorvo Historical Income Statement

About Qorvo Income Statement Analysis

Qorvo Income Statement Chart

Total Revenue

Gross Profit

Qorvo income statement Correlations

Qorvo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qorvo income statement Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Qorvo Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income From Continuing Ops	+ 0.99	Income Before Tax
Gross Profit	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Research Development
Net Income	+ 0.98	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income
Total Operating Expenses	+ 0.98	Other Operating Expenses

Interest Income	- 0.92	Interest Expense
Extraordinary Items	- 0.89	Reconciled Depreciation
Interest Income	- 0.89	Selling General Administrative
Interest Income	- 0.87	Other Operating Expenses
Interest Income	- 0.86	Cost Of Revenue
Interest Income	- 0.82	Total Operating Expenses