Every 10-Q that Qorvo, Inc. (QRVO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow QRVO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full QRVO filings page.
Qorvo, Inc. reported first‑quarter fiscal 2027 revenue of $784.8 million, down 4.2% year over year, but gross margin expanded to 51.1%, lifting operating income to $96.8 million and net income to $85.8 million, or $0.96 diluted EPS, versus $0.27 a year earlier.
High Performance Analog revenue grew to $206.4 million on stronger defense, aerospace and infrastructure demand, while Advanced Cellular Group revenue fell to $476.6 million as Qorvo intentionally reduced lower‑margin Android smartphone exposure; both ACG and CSG posted higher margins. Operating cash flow was $139.5 million, capital expenditures $24.1 million, cash and equivalents $1.33 billion, and long‑term debt $1.55 billion in 2029 and 2031 senior notes, with no revolver borrowings.
The pending merger with Skyworks would exchange each Qorvo share for 0.960 Skyworks shares plus $32.50 in cash, leaving Qorvo holders with about 37% of the combined company. The deal, now under FTC Second Request review and accompanied by exchange offers for Qorvo’s notes, remains subject to antitrust and other regulatory approvals and termination fees.
Qorvo delivered a much stronger quarter while preparing for a merger with Skyworks. Revenue for the third quarter of fiscal 2026 was $992.9 million, up 8.4% year over year, as higher content in flagship smartphones, infrastructure and defense offset reductions in mass‑market Android.
Gross margin improved to 46.7% from 42.7%, lifting operating income to $192.1 million versus $53.0 million a year ago. Net income rose to $164.1 million, or $1.75 diluted EPS, compared with $0.43, helped by lower restructuring charges and a gain on the MEMS sensing business sale.
For the nine months, revenue was $2.87 billion and operating income reached $379.9 million. Cash and cash equivalents were $1.32 billion, with $532.4 million generated from operating activities and long‑term debt of about $1.55 billion in 2029 and 2031 senior notes.
Qorvo has agreed to merge with Skyworks. Each Qorvo share is expected to convert into 0.960 Skyworks shares plus $32.50 in cash, with Qorvo and Skyworks equityholders owning roughly 37% and 63% of the combined company. The deal requires stockholder and regulatory approvals, with a Qorvo stockholder vote set for February 11, 2026.
Qorvo (QRVO) reported a stronger Q2 FY2026. Revenue was $1,058.5 million, up 1.1% year over year, as higher content in flagship smartphones and defense/aerospace offset weaker Android and Wi‑Fi timing. Gross margin rose to 47.0% from 42.6%, and operating income reached $157.7 million versus $9.7 million a year ago. Diluted EPS was $1.28 compared with a loss of $0.18.
Segment results showed mixed trends: ACG revenue $776.9 million (+3.4%) with 30.5% margin; HPA $174.6 million (+17.8%); and CSG $106.9 million (−27.2%) on Wi‑Fi product timing. Qorvo ended the quarter with $1,103.3 million in cash and cash equivalents and long‑term debt of $1,549.2 million. It repurchased about 0.7 million shares for $65.3 million.
Qorvo initiated 2026 restructuring actions, including closing its North Carolina fab and transferring SAW filter production to Texas, and expects additional charges of $30–$40 million.
Subsequent event: Qorvo agreed to merge with Skyworks. Each Qorvo share will be exchanged for 0.960 Skyworks shares plus $32.50 in cash, subject to approvals. Post‑close ownership is expected to be ~37% Qorvo and ~63% Skyworks.