QRVO · As filed with the SEC
Qorvo income statement, by fiscal year
The statement as Qorvo presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD thousands, except per-share amounts; shares in thousands
| USD thousands, except per-share amounts; shares in thousands | FY2026 Year ended Mar 28, 2026 | FY2025 Year ended Mar 29, 2025 | FY2024 Year ended Mar 30, 2024 | FY2023 Year ended Apr 1, 2023 | FY2022 Year ended Apr 2, 2022 | FY2021 Year ended Apr 3, 2021 |
|---|---|---|---|---|---|---|
| Revenue | 3,678,517 | 3,718,971 | 3,769,506 | 3,569,399 | 4,645,714 | 4,015,307 |
| Cost of goods sold | 1,990,415 | 2,183,382 | 2,281,011 | 2,272,457 | 2,359,546 | 2,131,741 |
| Gross profit | 1,688,102 | 1,535,589 | 1,488,495 | 1,296,942 | 2,286,168 | 1,883,566 |
| Operating expenses: | ||||||
| Research and development | 726,122 | 747,709 | 682,249 | 649,841 | 623,636 | 570,395 |
| Selling, general and administrative | — | — | 389,140 | 358,790 | 349,718 | 367,238 |
| Goodwill impairment | — | — | 221,414 | — | 48,000 | — |
| Selling and Marketing Expense | 215,485 | 231,912 | — | — | — | — |
| General and Administrative Expense | 165,189 | 171,712 | — | — | — | — |
| Intangible Asset, Including Goodwill, Impairment Loss | 82,369 | 192,569 | — | — | — | — |
| Other Cost and Expense, Operating | 87,513 | 96,160 | 103,991 | 105,143 | 38,745 | 39,306 |
| Total operating expenses | 1,276,678 | 1,440,062 | 1,396,794 | 1,113,774 | 1,060,099 | 976,939 |
| Operating income | 411,424 | 95,527 | 91,701 | 183,168 | 1,226,069 | 906,627 |
| Interest expense | (73,134) | (78,328) | (69,245) | (68,463) | (63,326) | (75,198) |
| Other income, net | 59,983 | 48,700 | 51,104 | 9,924 | 18,341 | (24,049) |
| Income before income taxes | — | — | — | 124,629 | 1,181,084 | 807,380 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total | 398,273 | 65,899 | 73,560 | — | 1,181,084 | — |
| Income tax expense | (59,284) | (10,284) | 143,882 | 21,477 | 147,731 | 73,769 |
| Net income (loss) | 338,989 | 55,615 | (70,322) | 103,152 | 1,033,353 | 733,611 |
| Basic net (loss) income per share | (3.66) | (0.59) | 0.72 | (1.01) | (9.38) | (6.43) |
| Net income (loss) per share | ||||||
| Diluted | (3.62) | (0.58) | 0.72 | (1.00) | (9.26) | (6.32) |
| Weighted-average shares of common stock outstanding: | ||||||
| Basic | 92,592 | 94,586 | 97,557 | 102,206 | 110,196 | 114,034 |
| Diluted | 93,547 | 95,450 | 97,557 | 103,019 | 111,546 | 116,016 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.