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Gross Profit for Qorvo (QRVO)

According to Qorvo's latest reported financial statements, the company's current gross profit (TTM) is $1.69B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Qorvo, Inc. logo
Qorvo

QRVO

TTM (last 4 quarters)

$1.69B

YoY change

+9.9%

5Y CAGR

-2.2%

Peak year (2022)

$2.29B

Cumulative gross profit

$17.43B

Gross Profit history chart for Qorvo (QRVO) from 2013 to 2026

Gross Profit history table for Qorvo (QRVO) from 2013 to 2026

Fiscal yearPeriod endedReportedGross ProfitYoYYoY change
2026$1.69B+9.9%+$152.51M
2025$1.54B+3.2%+$47.09M
2024$1.49B+14.8%+$191.55M
2023$1.30B-43.3%-$989.23M
2022$2.29B+21.4%+$402.60M
2021$1.88B+42.5%+$561.80M
2020$1.32B+10.6%+$126.58M
2019$1.20B+4.2%+$48.22M
2018$1.15B+1.0%+$11.45M
2017$1.14B+8.2%+$85.96M
2016$1.05B+52.3%+$360.25M
2015$689.31M+70.2%+$284.38M
2014$404.93M+32.4%+$99.11M
2013$305.81M

Gross Profit values are taken from Qorvo's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

2026's annual gross profit for Qorvo (QRVO) came in at $1.69B – grew 9.9% year-over-year.

Across 2021–2026 (5 years), Qorvo gross profit produced a CAGR of -2.2% – sustaining 3 straight years of year-over-year growth.

Qorvo gross profit declined from $2.29B in 2022 to $1.69B in 2026, a 26.2% drawdown.

The highest annual gross profit of $2.29B was reported in 2022. The lowest in the available history was $305.81M in 2013.

Within Technology, Qorvo (QRVO) ranks 9th among 8 peers we track. The peer median for gross profit is $98.38B.

Qorvo Gross Profit by Year

Qorvo Gross Profit 2026: $1.69B

Qorvo gross profit in 2026 was $1.69B, grew 9.9% from 2025.

Qorvo Gross Profit 2025: $1.54B

Qorvo gross profit in 2025 was $1.54B, edged up 3.2% from 2024.

Qorvo Gross Profit 2024: $1.49B

Qorvo gross profit in 2024 was $1.49B, grew 14.8% from 2023.

Qorvo Gross Profit 2023: $1.30B

Qorvo gross profit in 2023 was $1.30B, plunged 43.3% below 2022.

Qorvo Gross Profit 2022: $2.29B

Qorvo gross profit in 2022 was $2.29B.

See more financial history for Qorvo (QRVO).

Sector peers — Gross Profit

Companies in the same sector as Qorvo, ranked by their latest gross profit.

CompanyGross ProfitSector
TSMC (TSM)$2.30TTechnology
Apple (AAPL)$195.20BTechnology
Microsoft (MSFT)$193.89BTechnology
NVIDIA (NVDA)$153.46BTechnology
Broadcom (AVGO)$43.29BTechnology
ASML (ASML)$17.26BTechnology
AMD (AMD)$17.15BTechnology
Micron Technology (MU)$14.87BTechnology

Frequently asked questions

What is Qorvo's gross profit?

Latest reported gross profit for Qorvo (QRVO) is $1.69B (period ending March 28, 2026).

How has Qorvo gross profit changed year-over-year?

Qorvo (QRVO) gross profit changed +9.9% year-over-year on the latest annual filing.

What is the long-term growth rate of Qorvo gross profit?

Qorvo (QRVO) gross profit compound annual growth rate is -2.2% over the most recent 5 years available.

When did Qorvo gross profit hit its highest annual value?

Qorvo gross profit reached its highest annual value of $2.29B in 2022.

What was Qorvo gross profit in 2025?

Qorvo (QRVO) gross profit in 2025 was $1.54B.

What was Qorvo gross profit in 2026?

Qorvo (QRVO) gross profit in 2026 was $1.69B.

QRVO Key Financials

Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.