How does Qorvo (QRVO) make money?

Qorvo (QRVO) generates revenue primarily from ACG, which accounted for 69.4% of total revenue in TTM through Q1 2026. The company reported $3.68B in revenue and converted 9.2% of it into net profit, equivalent to roughly $338.99M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Qorvo (QRVO)?

Qorvo (QRVO) reported a gross profit margin of 45.9% in TTM through Q1 2026, equivalent to $1.69B in gross profit on $3.68B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Qorvo (QRVO)?

Qorvo (QRVO) reported an operating profit margin of 11.2% in TTM through Q1 2026, equivalent to $411.42M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Qorvo (QRVO)?

Qorvo (QRVO) reported a net profit margin of 9.2% in TTM through Q1 2026, equivalent to $338.99M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Qorvo (QRVO) profitable?

Yes. Qorvo (QRVO) reported $338.99M in net income for TTM through Q1 2026, with a net profit margin of 9.2%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Qorvo (QRVO) invest in research and development?

Qorvo (QRVO) invested $726.12M in research and development during TTM through Q1 2026, roughly 19.7% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Qorvo (QRVO) spend on capital expenditures?

Qorvo (QRVO) spent $129.07M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 3.5% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Qorvo (QRVO) generate?

Qorvo (QRVO) generated $679.56M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 18.5%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Qorvo (QRVO)?

Qorvo (QRVO) had an effective tax rate of 14.9% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Qorvo (QRVO)?

Qorvo (QRVO) reports revenue across 3 reportable product segments, led by ACG at 69.4% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Qorvo (QRVO) generate most of its revenue?

UNITED STATES is the largest geographic market for Qorvo (QRVO), accounting for 63% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Qorvo Makes Money: 2026 Visual Revenue Map

Qorvo (QRVO) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 28, 2026 (reported May 8, 2026).

Qorvo (QRVO) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Qorvo (QRVO) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
ACG	$2.55B	69.4%
HPA	$705.66M	19.2%
CSG	$421.65M	11.5%
Total	$3.68B	100%

ACG$2.55B
HPA$705.66M
CSG$421.65M
Total$3.68B

Qorvo (QRVO) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Qorvo (QRVO), TTM through Q1 2026
Region	Revenue (USD)	% of total
UNITED STATES	$2.32B	63%
CHINA	$474.87M	12.9%
Other Asia	$431.86M	11.7%
TAIWAN, PROVINCE OF CHINA	$357.74M	9.7%
Europe	$98.28M	2.7%
Total	$3.68B	100%

UNITED STATES
CHINA
Other Asia
TAIWAN, PROVINCE OF CHINA
Europe
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Qorvo (QRVO) reports revenue across 3 operating segments; the largest segment was ACG at 69.4%, followed by HPA (19.2%) and CSG (11.5%). Separately, by end-market geography, UNITED STATES accounted for 63% of revenue, followed by CHINA (12.9%) and Other Asia (11.7%).

Frequently asked questions

Data & methodology

Qorvo (QRVO) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview

QRVO Overview

Counters

Income Statement

Cash Flow

Capital Return

Forecast & Valuation