Qorvo Past Earnings Performance
Past criteria checks 0/6
Qorvo's earnings have been declining at an average annual rate of -28.4%, while the Semiconductor industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 2% per year.
Key information
-28.4%
Earnings growth rate
-27.7%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | 2.0% |
| Return on equity | -4.1% |
| Net Margin | -3.6% |
| Last Earnings Update | 28 Sep 2024 |
Recent past performance updates
Recent updates
Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 50% Undervaluation?
Dec 18
The Returns At Qorvo (NASDAQ:QRVO) Aren't Growing
Nov 22Qorvo Resets Its Markets
Nov 21Upgrading Qorvo To A Buy: Time To Restart The Engine
Nov 01Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) 30% Price Drop
Nov 01Qorvo, Inc.'s (NASDAQ:QRVO) Prospects Need A Boost To Lift Shares
Sep 08The Head-Scratching, Less-Than-Stellar Guidance From Qorvo
Aug 25Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?
Aug 11There's Been No Shortage Of Growth Recently For Qorvo's (NASDAQ:QRVO) Returns On Capital
Jul 15Qorvo: Anchored To A Lacking Smartphone Market - Sell
May 30Qorvo: Report Yields A Clearer Picture For The Company And Mobile Devices (Rating Downgrade)
May 07Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$95.67?
May 03Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) Low P/S
Apr 15Qorvo (NASDAQ:QRVO) Has A Pretty Healthy Balance Sheet
Mar 27Qorvo: Not My Cup Of Tea During Smartphone Downturn - Initiating With A Sell
Mar 12Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 39% Undervaluation?
Feb 20Growing Richer With Qorvo
Feb 09Qorvo: Riding The Microchip Rebound (SA Quant)
Jan 26Capital Allocation Trends At Qorvo (NASDAQ:QRVO) Aren't Ideal
Jan 15Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?
Dec 26Revenue & Expenses Breakdown
How Qorvo makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 28 Sep 24 | 3,948 | -141 | 403 | 733 |
| 29 Jun 24 | 4,005 | -26 | 399 | 707 |
| 30 Mar 24 | 3,770 | -70 | 389 | 682 |
| 30 Dec 23 | 3,461 | -211 | 379 | 666 |
| 30 Sep 23 | 3,131 | -100 | 368 | 651 |
| 01 Jul 23 | 3,185 | -9 | 362 | 644 |
| 01 Apr 23 | 3,569 | 103 | 359 | 650 |
| 31 Dec 22 | 4,103 | 454 | 360 | 645 |
| 01 Oct 22 | 4,474 | 686 | 365 | 650 |
| 02 Jul 22 | 4,571 | 817 | 361 | 640 |
| 02 Apr 22 | 4,646 | 1,033 | 350 | 624 |
| 01 Jan 22 | 4,552 | 1,120 | 344 | 612 |
| 02 Oct 21 | 4,533 | 1,105 | 355 | 594 |
| 03 Jul 21 | 4,338 | 922 | 371 | 592 |
| 03 Apr 21 | 4,015 | 734 | 367 | 570 |
| 02 Jan 21 | 3,730 | 485 | 374 | 550 |
| 03 Oct 20 | 3,505 | 446 | 362 | 536 |
| 27 Jun 20 | 3,251 | 392 | 341 | 496 |
| 28 Mar 20 | 3,239 | 334 | 344 | 484 |
| 28 Dec 19 | 3,132 | 345 | 333 | 470 |
| 28 Sep 19 | 3,096 | 254 | 378 | 457 |
| 29 Jun 19 | 3,173 | 203 | 429 | 458 |
| 30 Mar 19 | 3,090 | 133 | 476 | 450 |
| 29 Dec 18 | 3,075 | 59 | 524 | 448 |
| 29 Sep 18 | 3,088 | -43 | 525 | 445 |
| 30 Jun 18 | 3,025 | -40 | 524 | 440 |
| 31 Mar 18 | 2,974 | -40 | 528 | 445 |
| 30 Dec 17 | 2,951 | 28 | 538 | 450 |
| 30 Sep 17 | 2,932 | -17 | 542 | 456 |
| 01 Jul 17 | 2,975 | -42 | 541 | 470 |
| 01 Apr 17 | 3,033 | -17 | 546 | 471 |
| 31 Dec 16 | 2,998 | -97 | 540 | 462 |
| 01 Oct 16 | 2,792 | -29 | 536 | 456 |
| 02 Jul 16 | 2,636 | -37 | 532 | 449 |
| 02 Apr 16 | 2,611 | -29 | 534 | 449 |
| 02 Jan 16 | 2,638 | 2 | 544 | 457 |
| 03 Oct 15 | 2,414 | 101 | 447 | 400 |
| 27 Jun 15 | 2,068 | 160 | 349 | 330 |
| 28 Mar 15 | 1,711 | 196 | 250 | 257 |
| 27 Dec 14 | 1,332 | 189 | 136 | 191 |
| 27 Sep 14 | 1,224 | 107 | 137 | 193 |
| 28 Jun 14 | 1,172 | 50 | 143 | 194 |
| 29 Mar 14 | 1,148 | 13 | 144 | 197 |
| 28 Dec 13 | 1,173 | -2 | 147 | 197 |
Quality Earnings: QRVO is currently unprofitable.
Growing Profit Margin: QRVO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QRVO is unprofitable, and losses have increased over the past 5 years at a rate of 28.4% per year.
Accelerating Growth: Unable to compare QRVO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QRVO is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-3.6%).
Return on Equity
High ROE: QRVO has a negative Return on Equity (-4.14%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/03/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Qorvo, Inc. is covered by 59 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brett Simpson | Arete Research Services LLP |
| Tayla-Blair Botha | Arete Research Services LLP |
| Cody Acree | Ascendiant Capital Markets LLC |