Qorvo Stock Price, News & Analysis
Company Description
Qorvo, Inc. (Nasdaq: QRVO) operates in the semiconductor and related device manufacturing industry. According to the company’s disclosures, Qorvo supplies semiconductor solutions used to address complex connectivity and power requirements across multiple end markets. The company states that it combines product and technology leadership, systems-level expertise and global manufacturing scale to address customers’ technical challenges.
Qorvo’s business serves what it describes as diverse, high-growth segments of large global markets. These segments include automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure and mobile. By focusing on these areas, Qorvo positions its semiconductor solutions in applications that require reliable connectivity and power management.
The company’s background includes the combination of RF Micro Devices and TriQuint Semiconductor in January 2015, as reflected in third-party descriptions. This merger created the current Qorvo entity and brought together experience in radio frequency components such as filters, power amplifiers and front-end modules that are used in advanced smartphones and other end markets. Qorvo’s more recent communications emphasize connectivity and power solutions across a broader set of markets beyond smartphones.
Business focus and end markets
In its public materials, Qorvo highlights that it serves automotive applications, consumer devices, defense & aerospace systems, industrial & enterprise uses, communications infrastructure and mobile products. These references indicate that Qorvo’s semiconductor offerings are designed to support functions such as wireless connectivity, signal handling and power management in these environments.
The company also reports operating through segments referenced in its financial results, including HPA, CSG and ACG. Within these segments, Qorvo has discussed activities in defense & aerospace and infrastructure businesses, as well as efforts to prioritize opportunities in automotive, industrial, enterprise and other markets. This segment structure reflects how Qorvo organizes its semiconductor product lines and customer applications internally.
Stock listing and corporate structure
Qorvo’s common stock, with a stated par value of $0.0001 per share, is listed on The Nasdaq Stock Market LLC under the symbol QRVO, as indicated in its SEC filings. The company is incorporated in Delaware. These characteristics place Qorvo within the group of U.S.-listed semiconductor manufacturers accessible to public equity investors.
Strategic direction and corporate actions
Qorvo’s communications describe an emphasis on product and technology leadership, systems-level expertise and global manufacturing scale. The company indicates that it seeks to improve its business mix and manufacturing footprint, and has referenced initiatives to structurally enhance profitability, including portfolio optimization, factory consolidation and cost discipline. These themes appear in the company’s earnings releases and related commentary.
Qorvo has also been active in corporate governance and capital markets matters. Its definitive proxy statement outlines a board structure with independent directors, committee assignments and regular annual meetings of stockholders. The company has adopted and amended stock incentive and employee stock purchase plans, and it discloses the use of non-GAAP financial measures such as non-GAAP gross margin, operating income, net income and return on invested capital to evaluate performance.
Planned merger with Skyworks Solutions
On October 27, 2025, Qorvo entered into an Agreement and Plan of Merger with Skyworks Solutions, Inc., as reported in a Form 8-K filing. Under this agreement, a Skyworks subsidiary will merge with and into Qorvo, with Qorvo surviving as a wholly owned subsidiary of Skyworks in a first merger step, followed by a second merger step in which the surviving corporation will merge with another Skyworks subsidiary. The transaction is structured as a cash-and-stock combination, with each share of Qorvo common stock expected to be converted into a specified cash amount and a fraction of a share of Skyworks common stock, subject to the terms and conditions of the merger agreement.
The merger filing states that, if the mergers are consummated, Qorvo common stock will be delisted from Nasdaq and deregistered under the Securities Exchange Act of 1934. The parties anticipate closing the transaction early in calendar year 2027, subject to stockholder approvals, regulatory clearances and other customary closing conditions. Until completion, Qorvo continues to file periodic and current reports, including earnings-related Form 8-K filings.
Use of non-GAAP metrics and financial reporting
Qorvo regularly reports both GAAP and non-GAAP financial measures in its earnings releases, as reflected in multiple Form 8-K filings. Non-GAAP measures cited include non-GAAP gross profit and gross margin, non-GAAP operating expenses, operating income and operating margin, non-GAAP net income and non-GAAP net income per diluted share, free cash flow, EBITDA, non-GAAP return on invested capital and net debt or positive net cash. The company explains that these non-GAAP measures exclude items such as stock-based compensation expense, amortization of acquired intangible assets, restructuring-related charges, acquisition and integration-related costs, certain settlements, gains, losses and other charges, and investment and debt-related gains and losses.
Management states that it uses these non-GAAP metrics in developing annual operating plans, monitoring performance and making decisions about research and development, product spending and operating expenses. Qorvo also provides reconciliations between GAAP and non-GAAP figures in its earnings materials so that investors can compare these measures.
Governance and shareholder engagement
Qorvo’s proxy statement describes corporate governance practices, including independent directors, board committees, risk oversight, a code of ethics and policies on related person transactions. The company has engaged with shareholders, including Starboard Value LP, leading to board refreshment actions and the nomination of an additional director associated with that investor. The company has also disclosed changes to executive severance and change-in-control arrangements, as well as amendments to equity compensation plans approved by stockholders.
QRVO stock: key points for investors
For investors researching QRVO stock, the key structural features supported by public disclosures are:
- Qorvo is a Delaware-incorporated semiconductor and related device manufacturer whose common stock trades on Nasdaq under the symbol QRVO.
- The company supplies semiconductor solutions for connectivity and power applications across automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure and mobile markets.
- Qorvo uses both GAAP and non-GAAP financial measures in its external reporting and internal planning, with detailed reconciliations provided in earnings materials.
- The company has entered into a definitive merger agreement with Skyworks Solutions, Inc., under which Qorvo is expected to become a wholly owned subsidiary of Skyworks if the transaction closes, and Qorvo’s stock would then be delisted and deregistered.