DailyIQ

QRVO Earnings

Company • Q1 2027 earnings report

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Report date
-
Timing
-
Period
2027Q1
EPS EstimateEPS ActualRevenue EstimateRevenue Actual
- Not available yet - Not available yet
Actuals update automatically shortly after the company reports.
QRVO|EarningsQRVO

QRVO Financials

Full financials →
65/ 100
Moderately positive
Verdict: Neutral
Revenue declining year over year
Gross Margin
45.9%
Operating Margin
11.2%
Net Margin
9.2%
FCF Margin
18.5%
R&D / Revenue
19.7%
Revenue CAGR
10.8%
Current Ratio
3.24x
Debt / Equity
0.46x
Return on Equity
10.1%
Return on Assets
5.8%

Financial Statements

Line Item
Q4 '26
Q3 '26
Q2 '26
Q1 '26
Q4 '25
Q3 '25
Q2 '25
Q1 '25
Q4 '24
Q3 '24
Q2 '24
Q1 '24
Income Statement
Revenue
$808.28M 7.0%
$992.96M 8.4%
$1.06B 1.1%
$818.78M 7.7%
$869.47M 7.6%
$916.32M 14.7%
$1.05B 5.2%
$886.67M 36.2%
$940.99M
$1.07B
$1.10B
$651.16M
Cost of Revenue
$413.26M 17.8%
$528.77M 0.7%
$561.41M 6.6%
$486.98M 12.2%
$502.91M 10.1%
$524.90M 23.5%
$601.20M 2.1%
$554.37M 31.3%
$559.13M
$685.98M
$613.80M
$422.09M
Gross Profit
$395.02M 7.8%
$464.19M 18.6%
$497.09M 11.6%
$331.80M 0.2%
$366.56M 4.0%
$391.42M 0.9%
$445.31M 9.1%
$332.30M 45.1%
$381.86M
$387.88M
$489.69M
$229.07M
Operating Income
$31.51M 11.7%
$192.14M 262.4%
$157.68M 1529.8%
$30.09M 553.2%
$28.22M 5.9%
$53.02M 227.6%
$9.68M 93.6%
$4.61M 109.6%
$29.98M
-$41.57M
$151.43M
-$48.14M
R&D Expense
$170.39M 5.3%
$178.07M 0.6%
$198.42M 1.3%
$179.24M 4.5%
$179.93M 0.0%
$179.13M 9.0%
$201.05M 14.9%
$187.60M 15.0%
$179.88M
$164.33M
$174.95M
$163.09M
SG&A Expense
$34.50M 124.4%
$32.01M 64.6%
$47.68M 55.8%
$51.00M 55.6%
-$141.33M
$90.36M 4.0%
$107.76M 3.9%
$114.92M 9.0%
$86.91M
$103.70M
$105.42M
Interest Expense
$17.84M 10.7%
$18.02M 3.4%
$18.48M 18.2%
$18.79M 9.9%
$19.98M 15.6%
$18.66M 6.1%
$22.59M 32.0%
$17.09M 1.0%
$17.28M
$17.58M
$17.12M
$17.26M
Pretax Income
$21.69M 42.5%
$189.80M 288.2%
$155.09M 6096.4%
$31.68M 4482.4%
$15.22M
$48.90M
$2.50M
-$723,000
Income Tax Expense
-$8.04M 50.2%
$25.74M 237.6%
$35.49M 78.0%
$6.09M 635.7%
-$16.14M 160.3%
$7.63M 90.8%
$19.94M 52.6%
-$1.14M 86.0%
$26.78M
$83.15M
$42.06M
-$8.10M
Net Income
$29.73M 5.2%
$164.06M 297.5%
$119.60M 786.0%
$25.59M 6082.1%
$31.36M 1046.8%
$41.27M 132.5%
-$17.43M 117.9%
$414,000 100.9%
$2.73M
-$126.94M
$97.46M
-$43.58M
Comprehensive Income
$27.42M 24.7%
$164.95M 448.9%
$118.73M 1257.4%
$36.96M 7235.5%
$36.42M 1578.1%
$30.05M 126.5%
-$10.26M 111.7%
-$518,000 98.8%
-$2.46M
-$113.23M
$87.89M
-$44.44M
EPS (Basic)
$0.32 3.0%
$1.77 302.3%
$1.29 816.7%
$0.28
$0.33 1000.0%
$0.44 133.6%
$-0.18 118.0%
$0.00 100.0%
$0.03
$-1.31
$1.00
$-0.44
EPS (Diluted)
$0.32 3.0%
$1.75 307.0%
$1.28 811.1%
$0.27
$0.33 725.0%
$0.43 132.8%
$-0.18 118.2%
$0.00 100.0%
$0.04
$-1.31
$0.99
$-0.44
Weighted Avg Shares (Basic)
-185.71M 2.3%
92.59M 1.9%
92.80M 2.2%
92.92M 2.7%
-190.11M 3.0%
94.34M 2.9%
94.89M 3.1%
95.47M 3.1%
-196.05M
97.15M
97.94M
98.51M
Weighted Avg Shares (Diluted)
-187.59M 1.8%
93.57M 1.5%
93.79M 1.2%
93.77M 2.8%
-190.98M 2.9%
95.03M 2.2%
94.89M 3.8%
96.51M 2.0%
-196.69M
97.15M
98.59M
98.51M
Cash Flow
Operating Cash Flow
$276.26M 38.7%
$265.43M 24.0%
$83.99M 34.3%
$182.94M 125.6%
$199.18M 1.6%
$214.09M 56.6%
$127.85M 37.5%
$81.08M 80.6%
$202.34M
$492.95M
$93.01M
$44.89M
Capital Expenditures
$21.23M 25.5%
$28.50M 24.7%
$41.80M 26.6%
$37.54M 1.8%
$28.51M 12.8%
$37.84M 43.1%
$33.01M 15.4%
$38.23M 3.1%
$32.72M
$26.44M
$28.61M
$39.47M
Free Cash Flow
$255.03M 49.4%
$236.94M 34.4%
$42.19M 55.5%
$145.40M 239.3%
$170.67M 0.6%
$176.25M 62.2%
$94.83M 47.3%
$42.85M 690.6%
$169.63M
$466.51M
$64.40M
$5.42M
Investing Cash Flow
$18.13M 81.0%
$4.28M 160.4%
-$32.68M 6.2%
-$33.33M 94.0%
$95.64M 184.5%
-$7.07M 884.3%
-$34.83M 72.0%
-$17.18M 335.8%
-$113.18M
$902,000
-$20.25M
-$3.94M
Financing Cash Flow
-$392.08M 803.0%
-$54.20M 89.8%
-$113.32M 42.1%
-$6.93M 76.5%
-$43.42M 67.0%
-$531.68M 368.3%
-$79.73M 26.9%
-$29.52M 71.9%
-$131.72M
-$113.54M
-$109.13M
-$105.19M
Balance Sheet
Total Assets
$5.83B 1.8%
$6.16B 3.4%
$6.10B 6.3%
$6.00B 7.0%
$5.93B 9.5%
$5.96B 11.0%
$6.50B 3.2%
$6.45B 3.6%
$6.55B
$6.70B
$6.72B
$6.69B
Current Assets
$2.31B 6.4%
$2.48B 18.4%
$2.38B 6.1%
$2.25B 5.5%
$2.17B 11.4%
$2.10B 13.7%
$2.53B 11.9%
$2.38B 13.9%
$2.45B
$2.43B
$2.26B
$2.09B
Cash & Equivalents
$1.22B 19.4%
$1.32B 71.4%
$1.10B 0.6%
$1.17B 7.7%
$1.02B 0.8%
$769.43M 28.2%
$1.10B 55.1%
$1.08B 45.4%
$1.03B
$1.07B
$706.84M
$744.43M
Accounts Receivable
$382.51M 1.1%
$487.66M 14.0%
$543.39M 6.5%
$328.33M 22.7%
$386.72M 6.4%
$427.86M 11.6%
$580.96M 2.0%
$424.60M 37.9%
$412.96M
$483.81M
$592.74M
$307.91M
Inventory
$553.72M 13.6%
$530.18M 19.2%
$605.34M 12.8%
$637.96M 12.2%
$640.99M 9.8%
$656.22M 9.7%
$694.46M 17.3%
$726.56M 20.8%
$710.55M
$726.69M
$839.86M
$917.39M
Goodwill
$2.35B 1.5%
$2.39B 1.9%
$2.39B 2.0%
$2.39B 5.7%
$2.39B 5.7%
$2.44B 4.1%
$2.44B 10.0%
$2.53B 8.2%
$2.53B
$2.54B
$2.71B
$2.76B
Intangible Assets
$121.51M 55.6%
$196.90M 40.8%
$224.50M 49.6%
$252.40M 46.7%
$273.48M 46.3%
$332.34M 33.5%
$445.71M 5.8%
$473.59M 6.6%
$509.38M
$499.96M
$473.16M
$507.17M
Total Liabilities
$2.48B 2.3%
$2.47B 4.5%
$2.59B 16.4%
$2.56B 13.5%
$2.54B 15.3%
$2.58B 15.6%
$3.09B 6.6%
$2.96B 3.0%
$3.00B
$3.06B
$2.90B
$2.87B
Current Liabilities
$712.76M 9.0%
$675.70M 16.4%
$804.58M 39.7%
$798.33M 34.4%
$783.18M 36.3%
$807.86M 36.9%
$1.33B 98.5%
$1.22B 90.4%
$1.23B
$1.28B
$671.94M
$638.98M
Accounts Payable
$242.87M 6.8%
$240.52M 15.1%
$284.84M 11.5%
$280.12M 8.0%
$260.66M 3.0%
$283.34M 0.1%
$321.88M 16.9%
$304.38M 3.5%
$252.99M
$282.95M
$275.26M
$294.17M
Deferred Revenue
$118.50M 9.0%
$130.20M
Long-Term Debt
$1.55B
$1.55B
$1.55B
$1.55B
Short-Term Debt
$0 100.0%
$0 100.0%
$412.18M 429253.1%
$411.85M 364371.7%
$438.74M
$479.96M
$96,000
$113,000
Total Equity
$3.34B 1.4%
$3.70B 9.4%
$3.51B 2.9%
$3.44B 1.4%
$3.39B 4.6%
$3.38B 7.1%
$3.41B 10.7%
$3.49B 8.6%
$3.56B
$3.64B
$3.82B
$3.81B
Retained Earnings
$38.79M 214.1%
$226.74M 447.0%
$72.89M 168.4%
-$8.39M 90.6%
-$33.98M 62.1%
-$65.35M 29.2%
-$106.62M 408.1%
-$89.18M
-$89.60M
-$92.33M
$34.61M
$0
Shares Outstanding
87.74M 5.6%
92.65M 1.0%
92.58M 2.2%
92.80M 2.3%
92.92M 3.0%
93.56M 3.2%
94.66M 2.9%
94.96M 3.1%
95.80M
96.68M
97.51M
98.05M

Recent News Coverage

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What Typically Drives Post-Earnings Stock Moves

EarningsReleasedTime →Stock PriceBeatMissPre-earnings drift

Stock prices after earnings announcements are driven by expectations vs. reality. If the market expected a company to report $3.00 EPS and it reports $3.10, the stock may rally - but if expectations were $3.20, the same $3.10 result could trigger a selloff. This is why understanding consensus estimates (the average of all analyst predictions) is crucial. Stocks don't move on absolute performance; they move on performance relative to what was already priced in.

Beyond the headline numbers, investors focus heavily on forward guidance. Guidance is management's prediction for the next quarter or full year. A company that beats current earnings but lowers future guidance will often see its stock fall, because the market values future cash flows more than past results. Conversely, a miss with raised guidance can rally the stock. This is why experienced investors listen to earnings calls and read guidance statements - not just the press release headlines.

Profit margins are another critical driver. If a company grows revenue but margins shrink, it suggests pricing pressure or rising costs. Investors prefer expanding margins, which indicate pricing power and operational efficiency. For example, a company reporting 20% revenue growth with flat margins is less impressive than 10% growth with expanding margins. The latter signals a sustainable, high-quality business model.

Finally, market positioning and sector trends matter. During a bull market, stocks often rise on mediocre earnings because investor sentiment is positive. During bear markets, even strong earnings may not prevent selloffs. Additionally, if peers in the same industry are reporting weak results, a company's strong report might be viewed as an outlier rather than a trend. Always consider the broader market context and sector health when interpreting earnings reactions.

How to Interpret This Earnings Report

Earnings reports are the financial scorecards that companies release every quarter. They contain two critical metrics: Earnings Per Share (EPS) and Revenue. EPS represents the company's profit divided by the number of outstanding shares - essentially, how much money the company made for each share of stock. Revenue is the total money the company brought in before expenses. Both metrics are compared against analyst estimates to determine if the company "beat" or "missed" expectations.

When you see "EPS Estimate" vs. "EPS Actual," you're comparing what Wall Street analysts predicted versus what the company actually delivered. A company that reports EPS of $2.50 when estimates were $2.30 has beaten earnings by $0.20 per share. This often triggers a positive stock reaction, but not always. The market cares equally about revenue growth, future guidance, and profit margins. A company can beat EPS estimates while missing revenue targets, which suggests they cut costs rather than grew sales - a less sustainable path.

Understanding year-over-year (YoY) vs. quarter-over-quarter (QoQ) comparisons is critical. YoY compares this quarter to the same quarter last year, accounting for seasonal business patterns. QoQ compares consecutive quarters and reveals short-term momentum. For example, a retailer's Q4 (holiday season) will always be stronger than Q1 - so comparing Q4 to Q1 is misleading. Always focus on YoY growth for long-term trends and QoQ for recent acceleration or deceleration.

Finally, remember that initial market reactions can be misleading. Stocks sometimes fall on earnings beats because investors were expecting an even larger beat, or because forward guidance disappointed. Conversely, stocks can rise on earnings misses if the company provided optimistic future projections or if the miss was smaller than feared. The key is to focus on fundamentals: Is revenue growing? Are profit margins expanding? Is the company gaining or losing market share? These factors matter far more than a single quarter's results.