Qorvo, Inc. SEC Filings

CREVISTON STEVEN E reported acquisition or exercise transactions in this Form 4 filing.

Qorvo, Inc. reported that senior vice president Steven E. Creviston received a grant of 8,833 shares of common stock on August 1, 2026. The award was issued at $0.00 per share, bringing his directly held common stock position to 128,210 shares after the transaction.

Qorvo, Inc. senior vice president Philip Chesley received a grant of 10,158 shares of Common Stock on August 1, 2026, recorded as a grant, award, or other acquisition at $0.0000 per share.

After this equity award, Chesley directly owns 52,507 shares of Qorvo common stock, and the acquisition was not made under a Rule 10b5-1 trading plan.

BRUGGEWORTH ROBERT A reported acquisition or exercise transactions in this Form 4 filing.

Qorvo, Inc. reported that President and CEO Robert A. Bruggeworth received a grant of 50,789 shares of Common Stock on August 1, 2026. The equity award was recorded at no cost per share and increased his direct holdings to 370,669 shares of Qorvo common stock.

Brown Grant reported acquisition or exercise transactions in this Form 4 filing.

Qorvo, Inc. reported that SVP & Chief Financial Officer Grant Brown received a grant of 13,691 shares of common stock on August 1, 2026, at $0.0000 per share. Following this non-derivative award, his directly held common stock increased to 59,075 shares, outside any Rule 10b5-1 trading plan.

Skyworks Solutions provides an update on its proposed two-step merger with Qorvo, under which Qorvo will become an indirect wholly owned subsidiary of Skyworks through successive mergers of two Skyworks subsidiaries into Qorvo and then into another Skyworks subsidiary.

The transaction’s completion remains subject to customary closing conditions, including antitrust and foreign investment approvals. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, and a related timing agreement with the U.S. Federal Trade Commission expired on August 1, 2026 without further FTC action. The companies state that foreign investment approvals have been obtained in jurisdictions where such filings were made, and that only reviews in China (State Administration for Market Regulation) and South Korea (Korea Fair Trade Commission) remain open.

Skyworks indicates it is preparing to close the transaction as early as within its fiscal year and is hopeful for closing within the calendar year, while cautioning there is no assurance that closing will occur on this timeline and emphasizing the risks and uncertainties outlined in the Joint Proxy Statement/Prospectus.

Skyworks Solutions, Inc. reports on its pending acquisition of Qorvo, Inc. under an Agreement and Plan of Merger involving two merger subsidiaries. First, Comet Acquisition Corp. will merge with and into Qorvo, with Qorvo surviving; immediately thereafter Qorvo will merge into Comet Acquisition II, LLC, which will remain a wholly owned subsidiary of Skyworks.

The report highlights that unaudited consolidated financial statements of Qorvo as of June 27, 2026 and June 28, 2025, and for the three-month period ended June 27, 2026, are provided as Exhibit 99.1. Exhibit 99.2 includes Skyworks’ unaudited pro forma condensed combined balance sheet as of July 3, 2026 and unaudited pro forma condensed combined statements of operations for the nine-month period ended July 3, 2026, reflecting the Mergers on a pro forma basis.

The company reiterates that this communication is not an offer to sell or solicit securities and references a registration statement on Form S-4 containing Qorvo’s proxy statement and a prospectus for Skyworks common stock to be issued in the Mergers. Investors are directed to review the S-4 and related proxy statement/prospectus and other SEC filings for detailed information about Skyworks, Qorvo, and the transaction.

Skyworks Solutions outlines progress on its planned combination with Qorvo, noting that China’s review has advanced to Phase III with SAMR, the final stage, and that closing within the calendar year, potentially as early as this fiscal year, is now viewed as possible, subject to remaining approvals and conditions. To support the transaction, the company anticipates raising approximately $2 billion of debt in the near term.

The board approved a new capital allocation framework for the combined company, centered on share repurchases, deleveraging, and strategic M&A. A new $2 billion stock repurchase program expiring in January 2029 replaces the prior authorization, and the company will no longer declare a quarterly dividend, redirecting that capital to these priorities. Management continues to target $500 million or more of synergies and expects the deal to be immediately accretive to non-GAAP EPS.

For the June quarter, revenue was $935 million with non-GAAP diluted EPS of $1.08, above the midpoint of guidance. Mobile represented 57% of revenue, Broad Markets 43% with revenue of about $403 million, up 8% year-over-year. Gross margin was 45% and operating margin 19.4%. For the fourth quarter, the company guides revenue to $1.01–$1.06 billion and non-GAAP EPS of $1.27 at the midpoint.

Skyworks Solutions and Qorvo describe their planned mergers, for which Skyworks filed a Form S-4 registration statement covering Skyworks common stock to be issued and a joint proxy statement/prospectus for both companies’ stockholders. The registration statement was declared effective and final proxy and prospectus materials were distributed in December 2025. Investors are directed to review these SEC materials, available from the companies and the SEC, for detailed information about the mergers and related risks. The communication clarifies that it is not an offer to sell or solicit securities and includes extensive forward-looking statement disclosures outlining numerous factors that could cause actual outcomes of the proposed transaction to differ materially from current expectations.

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.