Qorvo's operational turnaround is underscored by a 13.6 percentage point gross margin expansion to 51.1% in 2027Q1, driven by disciplined cost control and a favorable product mix.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue declined 4.2% year-over-year to $784.8M in 2027Q1, but gross margin expanded to 51.1% from 40.5% a year earlier, driving operating margin to 12.3% from 0.5%.
Qorvo's advanced RF and power solutions address complex technical challenges, positioning it as a leader in wireless, defense, and IoT markets.
Qorvo's forward P/E of 12.64 suggests undervaluation relative to its trailing P/E of 23.26, indicating potential upside.
Qorvo offers a full range of RF products including amplifiers, filters, and switches, catering to multiple high-growth markets.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 28, 2026 | $1.64+47.7% vs $1.11 | $785M+5.6% vs $743M |
Q2 2026 May 5, 2026 | $1.69+39.7% vs $1.21 | $808M+0.8% vs $802M |
Q1 2026 Jan 27, 2026 | $2.17+16.0% vs $1.87 | $993M+0.5% vs $988M |
Q4 2025 Nov 3, 2025 | $2.22+9.4% vs $2.03 | $1.1B+1.7% vs $1.0B |
Crossmark Global Holdings Inc. lowered its stake in Qorvo, Inc. (NASDAQ: QRVO) by 36.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,802 shares of the semiconductor company's stock after selling 10,218 shares during the quarter. Crossmark Global Holdings
Hours after Skyworks Solutions (NASDAQ:SWKS | SWKS Price Prediction) completed its takeover of Qorvo (NASDAQ:QRVO), Jim Cramer told CNBC viewers the combined RF chipmaker is worth owning.
IRVINE, Calif., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Skyworks Solutions, Inc. (Nasdaq: SWKS) (“Skyworks”), a leading developer, manufacturer and provider of analog and mixed-signal semiconductors and solutions for numerous applications, today announced the expiration and final results of its previously announced offers to holders of Qorvo Notes (as defined herein) to exchange (the “Exchange Offers”) any and all outstanding 4.375% Senior Notes due 2029 (the “2029 Qorvo Notes”) and any and all outstanding 3.375% Senior Notes due 2031 (the “2031 Qorvo Notes” and, together with the 2029 Qorvo Notes, the “Qorvo Notes”) issued by Qorvo, Inc. (“Qorvo”) as set forth in the table below for (1) with respect to the 2029 Qorvo Notes, up to $850,000,000 aggregate principal amount of new 4.375% Senior Notes due 2029 (the “New 2029 Skyworks Notes”) issued by Skyworks and (2) with respect to the 2031 Qorvo Notes, up to $700,000,000 aggregate principal amount of new 3.375% Senior Notes due 2031 (the “New 2031 Skyworks Notes”) issued by Skyworks.
Skyworks Completes Combination with Qorvo Expands technology portfolio and addressable market, with $500 million or more in expected annual cost synergies
Benchmark QRVO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Qorvo, Inc. (QRVO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $114.17 | $10.07B | 31.54 | -1.09% | 9.22% | 10.06% | — | |
| $82.19 | $12.37B | 26.69 | -2.18% | 7.23% | 5.04% | 3.39% | |
| $293.69 | $1.4T | 61.57 | 23.87% | 41.87% | 44.01% | 0.78% | |
| $113.58 | $5.73B | 14.49 | 5.34% | 21% | 20.35% | — | |
| $210.98 | $16.1B | -289.01 | 32.58% | 20.7% | 17.09% | — | |
| $363.56 | $177.09B | 79.73 | 16.89% | 29.79% | 12.26% | 1.07% |
Qorvo, Inc. (QRVO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Qorvo, Inc. (QRVO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 28, 2026·SEC
Jun 12, 2026·SEC
Jun 9, 2026·SEC
Get notified when QRVO posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Qorvo, Inc. (QRVO) stock FAQ — growth, dividends, profitability & financials explained
Qorvo, Inc. (QRVO) reported $3.64B in revenue over the trailing twelve months. Revenue was $3.68B in fiscal year 2026. That is 282% more than the $964.1M of fiscal year 2013.
Qorvo, Inc. (QRVO) revenue fell by 1.1% in fiscal year 2026, compared with the prior fiscal year.
Yes. Qorvo, Inc. (QRVO) earned $399.2M in net income over the trailing twelve months (a 11.0% net margin).
Qorvo, Inc. (QRVO) had a return on equity (ROE) of 10.1% in fiscal year 2026. That is in line with the market's typical 10-15%.
Qorvo, Inc. (QRVO) generated $649.5M in free cash flow over the trailing twelve months.
