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
Qorvo 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 01
Qorvo, 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 26Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$100?
Dec 08Is Qorvo, Inc. (NASDAQ:QRVO) Trading At A 48% Discount?
Oct 23Some Investors May Be Worried About Qorvo's (NASDAQ:QRVO) Returns On Capital
Oct 04Here's Why Qorvo (NASDAQ:QRVO) Has A Meaningful Debt Burden
Sep 14At US$107, Is Qorvo, Inc. (NASDAQ:QRVO) Worth Looking At Closely?
Aug 05Calculating The Fair Value Of Qorvo, Inc. (NASDAQ:QRVO)
Jul 04Qorvo (NASDAQ:QRVO) Is Looking To Continue Growing Its Returns On Capital
Jun 19Is Qorvo (NASDAQ:QRVO) A Risky Investment?
May 09What Does Qorvo, Inc.'s (NASDAQ:QRVO) Share Price Indicate?
Apr 23Is Qorvo, Inc. (NASDAQ:QRVO) Trading At A 34% Discount?
Mar 29The Return Trends At Qorvo (NASDAQ:QRVO) Look Promising
Mar 17Here's Why Qorvo (NASDAQ:QRVO) Can Manage Its Debt Responsibly
Jan 29Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$100?
Jan 16Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 49% Undervaluation?
Dec 06Some Qorvo, Inc. (NASDAQ:QRVO) Analysts Just Made A Major Cut To Next Year's Estimates
Nov 12Revenue & Expenses Breakdown
Revenue & 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 (-3.9%).
Return on Equity
High ROE: QRVO has a negative Return on Equity (-4.14%), as it is currently unprofitable.