Net Income for Qorvo (QRVO)
According to Qorvo's latest reported financial statements, the company's current net income (TTM) is $338.99M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
QRVO
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$338.99M
YoY change
+509.5%
5Y CAGR
-14.3%
Peak year (2022)
$1.03B
Cumulative net income
$2.73B
Net Income history chart for Qorvo (QRVO) from 2013 to 2026
Net Income history table for Qorvo (QRVO) from 2013 to 2026
| Fiscal year | Period ended | Reported | Net Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2026 | $338.99M | +509.5% | +$283.37M | ||
| 2025 | $55.62M | -179.1% | +$125.94M | ||
| 2024 | -$70.32M | -168.2% | -$173.47M | ||
| 2023 | $103.15M | -90.0% | -$930.20M | ||
| 2022 | $1.03B | +40.9% | +$299.74M | ||
| 2021 | $733.61M | +119.4% | +$399.29M | ||
| 2020 | $334.32M | +151.1% | +$201.20M | ||
| 2019 | $133.13M | -430.4% | +$173.41M | ||
| 2018 | -$40.29M | +143.3% | -$23.73M | ||
| 2017 | -$16.56M | -42.6% | +$12.29M | ||
| 2016 | -$28.84M | -114.7% | -$225.15M | ||
| 2015 | $196.30M | +1452.8% | +$183.66M | ||
| 2014 | $12.64M | -123.9% | +$65.64M | ||
| 2013 | -$53.00M | — | — |
Net Income 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 net income for Qorvo (QRVO) came in at $338.99M – surged 509.5% year-over-year.
Qorvo net income compound annual growth for the 2021–2026 (5 years) window is -14.3%, sustaining 2 straight years of year-over-year growth.
Qorvo net income plunged from $1.03B in 2022 to $338.99M in 2026, a 67.2% drawdown.
The dataset's maximum net income sits at $1.03B (2022); the minimum reading of -$70.32M dates to 2024.
Among 8 Technology peers, Qorvo (QRVO) ranks 9th; the peer median for net income is $62.48B.
Qorvo Net Income by Year
Qorvo Net Income 2026: $338.99M
Qorvo net income in 2026 was $338.99M, surged 509.5% from 2025.
Qorvo Net Income 2025: $55.62M
Qorvo net income in 2025 was $55.62M, plunged 179.1% below 2024.
Qorvo Net Income 2024: -$70.32M
Qorvo net income in 2024 was -$70.32M, plunged 168.2% below 2023. This figure represents the lowest annual value in the available history.
Qorvo Net Income 2023: $103.15M
Qorvo net income in 2023 was $103.15M, plunged 90.0% below 2022.
Qorvo Net Income 2022: $1.03B
Qorvo net income in 2022 was $1.03B.
See more financial history for Qorvo (QRVO).
Sector peers — Net Income
Companies in the same sector as Qorvo, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| TSMC (TSM) | $1.74T | Technology |
| NVIDIA (NVDA) | $120.07B | Technology |
| Apple (AAPL) | $112.01B | Technology |
| Microsoft (MSFT) | $101.83B | Technology |
| Broadcom (AVGO) | $23.13B | Technology |
| ASML (ASML) | $9.61B | Technology |
| Micron Technology (MU) | $8.54B | Technology |
| AMD (AMD) | $4.33B | Technology |
Frequently asked questions
What is Qorvo's net income?
Latest reported net income for Qorvo (QRVO) is $338.99M (period ending March 28, 2026).
How has Qorvo net income changed year-over-year?
Qorvo (QRVO) net income changed +509.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Qorvo net income?
Qorvo (QRVO) net income compound annual growth rate is -14.3% over the most recent 5 years available.
When did Qorvo net income hit its highest annual value?
Qorvo net income reached its highest annual value of $1.03B in 2022.
What was Qorvo net income in 2025?
Qorvo (QRVO) net income in 2025 was $55.62M.
What was Qorvo net income in 2026?
Qorvo (QRVO) net income in 2026 was $338.99M.
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