QRVO · As filed with the SEC
Qorvo cash flow 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 Cash Flows · USD thousands
| USD 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 | FY2020 Year ended Mar 28, 2020 | FY2019 Year ended Mar 30, 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income (loss) | 338,989 | 55,615 | (70,322) | 103,152 | 1,033,353 | 733,611 | 334,325 | 133,125 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||
| Depreciation | 151,338 | 163,222 | 193,035 | 206,423 | 210,949 | 203,206 | 221,632 | 208,646 |
| Intangible assets amortization | 111,051 | 133,614 | 127,898 | 132,425 | 150,466 | 252,898 | 247,299 | 454,451 |
| All other | — | — | — | 132,126 | 150,128 | — | — | — |
| Loss on debt extinguishment | — | — | — | 0 | 744 | 61,991 | 0 | 90,201 |
| Deferred Income Tax Expense (Benefit) | (39,384) | (84,737) | 19,405 | (66,145) | 31,875 | (18,136) | (11,099) | (70,169) |
| Foreign currency adjustments | — | — | — | — | — | — | — | (2,376) |
| Foreign currency adjustments | — | — | — | — | — | — | 1,300 | — |
| Asset impairments | — | 6,485 | 36,715 | — | — | — | — | — |
| Goodwill impairment | — | — | 221,414 | 12,411 | 48,000 | — | — | — |
| All other | — | — | — | 12,411 | 48,000 | — | — | — |
| Numerator for basic and diluted net (loss) income per share - net (loss) income available to common stockholders | — | — | — | 103,152 | 1,033,353 | — | — | — |
| Depreciation | — | — | — | 206,423 | 210,949 | — | — | — |
| Intangible assets amortization | — | — | — | 132,425 | 150,466 | — | — | — |
| All other | — | — | — | 132,126 | 150,128 | — | — | — |
| Gain (Loss) on Extinguishment of Debt | — | — | — | 0 | (744) | — | — | — |
| Deferred Income Tax Expense (Benefit) | — | — | — | (66,145) | 31,875 | — | — | — |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain | — | — | — | — | 0 | — | — | — |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain | — | — | — | — | 0 | 0 | (43,008) | — |
| Impairment of equity investment | — | — | — | — | 0 | 2,775 | 18,339 | — |
| Maximum number of shares of common stock to be issued under plan | — | — | — | 227,101 | — | 0 | 1,057 | 15,901 |
| Intangible Asset, Including Goodwill, Impairment Loss | 82,369 | 192,569 | — | — | — | — | — | — |
| Stock-based compensation expense | 136,070 | 136,346 | 120,834 | 105,580 | 83,507 | 89,322 | 75,978 | 71,580 |
| All other | — | — | — | 105,580 | 83,507 | — | — | — |
| Loss on classification as held for sale | — | — | 35,262 | — | — | — | — | — |
| Other, net | (13,421) | 25,481 | 6,544 | 25,299 | 14,150 | (2,151) | 10,178 | 5,087 |
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable, net | 3,154 | 26,807 | (105,776) | 264,781 | (107,896) | (91,275) | 21,029 | (32,119) |
| Inventories | 86,616 | 18,188 | 92,909 | (81,450) | (236,196) | 9,390 | 10,252 | (39,590) |
| Prepaid expenses and other assets | (18,510) | (24,348) | (23,174) | 43,240 | (176,742) | (18,490) | (14,513) | 13,343 |
| Accounts payable | (4,886) | 7,178 | 89,139 | (115,495) | 33,950 | 34,201 | 15,425 | 15,167 |
| Accrued liabilities | (45,325) | (45,777) | 130,979 | (17,613) | (11,815) | 30,671 | 48,670 | (3,899) |
| Income taxes payable and receivable | 942 | (4,103) | 8,681 | (33,240) | (3,139) | 34,618 | 12,935 | (38,206) |
| Other liabilities | 19,628 | 15,662 | (50,354) | 36,762 | (21,963) | (20,778) | (1,553) | (10,778) |
| Net cash provided by operating activities | 808,631 | 622,202 | 833,189 | 843,231 | 1,049,243 | 1,301,853 | 945,646 | 810,364 |
| Investing activities: | ||||||||
| Purchases of property and equipment | (129,070) | (137,600) | (127,230) | (158,953) | (213,466) | (186,960) | (164,104) | (220,937) |
| Purchases of available-for-sale debt securities | — | — | — | — | — | 0 | 0 | (132,732) |
| Proceeds from sales and maturities of available-for-sale debt securities | — | — | — | — | — | 0 | 1,950 | 133,132 |
| Proceeds from sales of property and equipment | 51,711 | 7,059 | 49,548 | — | — | — | — | — |
| Purchases of businesses, net of cash acquired | 0 | (791) | (82,974) | (95) | (389,136) | (47,069) | (946,043) | 0 |
| Proceeds from Sales of Business, Affiliate and Productive Assets | 21,472 | 173,117 | — | — | — | — | — | — |
| Other investing activities | 12,287 | (5,230) | 24,186 | 5,639 | 6,646 | 15,371 | 2,455 | (27,017) |
| Net cash (used in) provided by investing activities | (43,600) | 36,555 | (136,470) | (153,409) | (595,956) | (218,658) | (1,105,742) | (247,554) |
| Financing activities: | ||||||||
| Payment and repurchase of debt | 0 | (439,124) | (58,309) | 0 | (197,500) | (1,087,994) | 0 | (1,050,680) |
| Proceeds from borrowings and debt issuances | — | — | — | — | — | — | 659,000 | — |
| Proceeds from borrowings and debt issuances (Note 9) | — | — | — | 0 | 499,070 | 1,206,750 | — | 905,350 |
| Purchase and supply commitment, Supplies Proceeds | — | 130,204 | — | — | — | — | — | — |
| Proceeds from borrowings and debt issuances (Note 9) | — | — | 0 | — | — | — | — | — |
| Purchase and supply commitment, Supplies Proceeds | (11,711) | — | — | — | — | — | — | — |
| Repurchase of common stock, including transaction costs | (532,552) | (356,336) | (400,054) | (861,751) | (1,152,287) | (515,084) | (515,131) | (638,074) |
| Proceeds from the issuance of common stock | 35,492 | 35,741 | 36,918 | 32,507 | 38,303 | 42,598 | 50,198 | 41,289 |
| Tax withholding paid on behalf of employees for restricted stock units | (32,018) | (31,250) | (27,111) | (23,415) | (53,382) | (38,658) | (21,791) | (24,835) |
| Other financing activities | (25,737) | (23,597) | (11,018) | (694) | (9,714) | (9,535) | (6,717) | (9,714) |
| Net cash used in financing activities | (566,526) | (684,362) | (459,574) | (853,353) | (875,510) | (401,923) | 165,559 | (776,664) |
| Effect of exchange rate changes on cash | — | — | — | — | — | — | (1,233) | (1,166) |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | (666) | (2,477) | 3,170 | (331) | (3,281) | 1,425 | — | — |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 197,839 | (28,082) | 240,315 | (163,862) | (425,504) | 682,697 | 4,230 | (215,020) |
| Cash, cash equivalents and restricted cash at the beginning of the period | 1,021,176 | 1,049,258 | 808,943 | 972,805 | 1,398,309 | 715,612 | 711,382 | 926,402 |
| Cash, cash equivalents and restricted cash at the end of the period | 1,219,015 | 1,021,176 | 1,049,258 | 808,943 | 972,805 | 1,398,309 | 715,612 | 711,382 |
| Cash paid during the year for interest | — | — | — | — | — | — | — | 64,853 |
| Interest Paid, Excluding Capitalized Interest, Operating Activity | 73,169 | 76,336 | 55,270 | 66,115 | 59,393 | 81,232 | 54,445 | — |
| Cash paid during the year for income taxes, net of refunds | — | — | — | — | — | 53,236 | 55,513 | 69,453 |
| Capital expenditure adjustments included in liabilities | — | — | — | — | — | — | 22,904 | 37,728 |
| Income Taxes Paid, Net | — | 87,256 | 103,059 | 105,788 | 125,322 | — | — | — |
| Capital Expenditures Incurred but Not yet Paid | 24,740 | 65,221 | 70,127 | 33,107 | 36,069 | 56,469 | — | — |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | 105,580 | 83,507 | — | — | — |
| All other | — | — | — | 105,580 | 83,507 | — | — | — |
| Other, net | — | — | — | 25,299 | 14,150 | — | — | — |
| Increase (Decrease) in Accounts Receivable | — | — | — | (264,781) | 107,896 | — | — | — |
| Increase (Decrease) in Inventories | — | — | — | 81,450 | 236,196 | — | — | — |
| Increase (Decrease) in Prepaid Expense and Other Assets | — | — | — | (43,240) | 176,742 | — | — | — |
| Accounts payable | — | — | — | (115,495) | 33,950 | — | — | — |
| Accrued liabilities | — | — | — | (17,613) | (11,815) | — | — | — |
| Increase (Decrease) in Income Taxes Payable | — | — | — | (33,240) | (3,139) | — | — | — |
| Increase (Decrease) in Other Operating Liabilities | — | — | — | 36,762 | (21,963) | — | — | — |
| Net Cash Provided by (Used in) Operating Activities | — | — | — | 843,231 | 1,049,243 | — | — | — |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | 158,953 | 213,466 | — | — | — |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | 95 | 389,136 | — | — | — |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | (5,639) | (6,646) | — | — | — |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | (153,409) | (595,956) | — | — | — |
| Repayments of Long-term Debt | — | — | — | 0 | 197,500 | — | — | — |
| Proceeds from borrowings and debt issuances (Note 9) | — | — | — | 0 | 499,070 | — | — | — |
| Payments for Repurchase of Common Stock | — | — | — | 861,751 | 1,152,287 | — | — | — |
| Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised | — | — | — | 32,507 | 38,303 | — | — | — |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | 23,415 | 53,382 | — | — | — |
| Other financing activities | — | — | — | (694) | (9,714) | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | (853,353) | (875,510) | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | (331) | (3,281) | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | (163,862) | (425,504) | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.