Qorvo reports developments tied to its semiconductor connectivity and power-solutions business, including operating results, segment demand, and customer program activity. Company updates describe products and markets such as mobile devices, automotive components, consumer and enterprise Wi-Fi, defense and aerospace, infrastructure, base stations, and power management ICs.
Recurring news also covers margin and productivity initiatives, portfolio and manufacturing-footprint actions, material agreements, governance matters, shareholder-voting topics, and capital-structure disclosures.
S&P Dow Jones Indices, a division of S&P Global (SPGI), announced index changes involving Workiva, Vylor, Twilio and other companies.
Vylor (VYLR) joined the S&P 500 on October 1, 2026, following its completed spin-off from Corteva. Before trading opens on October 6, Corteva (CTVA) leaves the S&P 500 for the S&P MidCap 400, replacing Olin (OLN), which replaces Qorvo (QRVO) in the S&P SmallCap 600. Twilio (TWLO) replaces Warner Bros. Discovery (WBD) in the S&P 500; Formfactor (FORM) replaces Twilio in the S&P MidCap 400; and Workiva (WK) replaces Formfactor in the S&P SmallCap 600.
Skyworks Solutions (SWKS) is acquiring Qorvo, and Paramount Skydance (PSKY) is acquiring Warner Bros. Discovery. Both deals are expected to close soon, pending final closing conditions. Paramount Skydance will move its primary listing to the NYSE after the merger.
Skyworks Solutions (SWKS) has received all necessary regulatory clearances to proceed with its previously announced cash-and-stock combination with Qorvo (QRVO). The parties expect to close on or about October 5, 2026, subject to satisfaction or waiver of remaining customary closing conditions.
Skyworks has also offered to exchange Qorvo’s outstanding 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031 for new Skyworks notes. The exchanges and related consent solicitations require the mergers to close; the mergers do not depend on their results. Skyworks expects consent payments concurrently with or promptly after closing. The exchange offers currently are expected to expire on October 2, 2026, at 5:00 p.m. New York City time, but Skyworks anticipates extending them until after closing.
Qorvo (Nasdaq: QRVO) reported fiscal 2027 first quarter results for the period ended June 27, 2026. GAAP revenue was $784.8 million, down 2.9% sequentially and 4.2% year over year. GAAP gross margin was 51.1%, operating income $96.8 million, and diluted EPS $0.96. On a non-GAAP basis, gross margin was 52.8%, operating income $177.6 million, net income $146.6 million, and diluted EPS $1.64, up 78% year over year.
Segment revenue was $206.3 million for HPA (+50.1% YoY), $101.9 million for CSG (-7.5% YoY), and $476.6 million for ACG (-16.6% YoY). According to Qorvo, non-GAAP gross margin expanded 880 basis points year over year, and the company now expects fiscal 2027 non-GAAP EPS above $7.00 with non-GAAP gross margin above 50%. Due to its pending transaction with Skyworks, Qorvo has discontinued earnings conference calls and forward-looking guidance. Fiscal 2027 is a 53-week year, with the second quarter including 14 weeks.
Qorvo (Nasdaq: QRVO) plans to release its fiscal 2027 first quarter financial results at approximately 4:00 p.m. ET on Tuesday, July 28, 2026. The earnings press release will be posted on Qorvo's Investor Relations website at https://ir.qorvo.com under the “Financial Releases” section. Qorvo also stated that, due to its pending transaction with Skyworks, it has stopped holding conference calls and issuing forward-looking guidance in connection with its results.
Qorvo (NASDAQ: QRVO) and Rochester Electronics have finalized a worldwide distribution agreement aimed at supporting long-life applications and extending product lifecycles for RF and power semiconductor components. Rochester, acting as a licensed manufacturer and authorized continuing source, will expand access to Qorvo’s high-performance semiconductor solutions globally with an emphasis on long-term availability and lifecycle support.
According to Qorvo, the alliance is intended to enhance supply continuity for mission-critical markets such as aerospace, defense, connectivity, industrial, power management and communications. The companies highlight benefits including reduced need for system redesigns, risk mitigation for ongoing programs, and support for reuse and extended lifetimes of existing Qorvo-based hardware platforms.
Qorvo (Nasdaq: QRVO) announced it has been recognized by Northrop Grumman with a 2026 Supplier Excellence Award for Strategic Excellence. The award highlights Qorvo’s role in providing high-performance RF solutions for mission-critical applications in radar, communications and electronic warfare across aircraft, missile defense and space platforms.
Qorvo (Nasdaq:QRVO) reported fiscal 2026 Q4 results for the period ended March 28, 2026. On a GAAP basis revenue was $808.3M, gross margin 48.9%, operating income $31.5M, and diluted EPS $0.32. On a non-GAAP basis gross margin was 52.6%, operating income $190.2M, and diluted EPS $1.69.
The company generated $255M of free cash flow, repurchased $400M of shares (~5% reduction), and ended the quarter with $1.2B cash. Qorvo expects FY2027 non-GAAP gross margin above 50% and non-GAAP diluted EPS approaching $7.00.
Qorvo (Nasdaq: QRVO) will release fiscal 2026 fourth-quarter results at approximately 4:00 p.m. ET on Tuesday, May 5, 2026. The company said the press release will be posted on its investor relations website under “Financial Releases.” Qorvo noted it has paused conference calls and guidance due to a pending Skyworks transaction.
Qorvo (Nasdaq:QRVO) reported fiscal Q3 2026 results for the quarter ended December 27, 2025. GAAP revenue was $993.0M (up 8.4% YoY), GAAP diluted EPS was $1.75, and GAAP gross margin was 46.7%. On a non-GAAP basis, gross margin was 49.1%, non-GAAP diluted EPS was $2.17, and non-GAAP operating income was $247.6M. Management said each operating segment grew YoY with notable strength in automotive, Wi‑Fi, D&A, base station, and power management.
Qorvo provided March 2026 guidance: revenue approximately $800M ±$25M, non-GAAP gross margin 48%–49%, and non-GAAP diluted EPS $1.20 ±$0.15. The company cited seasonal weakness at its largest customer and strategic resizing of its Android business as drivers of near‑term outlook.
Qorvo (Nasdaq: QRVO) will webcast its fiscal 2026 third quarter earnings conference call on Tuesday, January 27, 2026 at 4:30 p.m. ET to review Q3 financial results. The company will distribute Q3 results at approximately 4:00 p.m. ET the same day.
The live webcast will be available on the company's Investor Relations website under Events & Presentations (https://ir.qorvo.com). A telephone playback will be available about two hours after the call by dialing 1-412-317-0088 with passcode 7930075, through the close of business on February 3, 2026.