Qorvo, Inc. (QRVO) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
QRVO's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
QRVO Revenue Analysis (2014–2025)
As of February 28, 2026, Qorvo, Inc. (QRVO) generated trailing twelve-month (TTM) revenue of $3.74 billion, reflecting solid growth of +8.4% year-over-year. The most recent quarter (Q3 2026) recorded $993.0 million in revenue, down 6.2% sequentially.
Looking at the longer-term picture, QRVO's 5-year compound annual growth rate (CAGR) stands at +2.8%, indicating moderate growth over time. The company achieved its highest annual revenue of $4.65 billion in 2022.
Revenue diversification analysis shows QRVO's business is primarily driven by ACG (70%), HPA (17%), and CSG (13%). With over half of revenue concentrated in ACG, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including AVGO (+19.0% YoY), TXN (+13.0% YoY), and ADI (+25.9% YoY), QRVO has underperformed the peer group in terms of revenue growth. Compare QRVO vs AVGO →
Peer Comparison
Compare QRVO's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| QRVOCurrent | $3.7B | +8.4% | +2.8% | 2.6% | |
| AVGO | $63.9B | +19.0% | +17.9% | 39.9% | |
| TXN | $17.7B | +13.0% | +4.1% | 34.1% | |
| ADI | $11.0B | +25.9% | +14.5% | 26.6% | |
| QCOM | $44.3B | +10.3% | +13.5% | 27.9% | |
| MRVL | $5.8B | +45.0% | +16.4% | -12.5% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.72B | -1.3% | $1.54B | 41.3% | $95.5M | 2.6% |
| 2024 | $3.77B | +5.6% | $1.49B | 39.5% | $91.7M | 2.4% |
| 2023 | $3.57B | -23.2% | $1.30B | 36.3% | $183.2M | 5.1% |
| 2022 | $4.65B | +15.7% | $2.29B | 49.2% | $1.23B | 26.4% |
| 2021 | $4.02B | +24.0% | $1.88B | 46.9% | $906.6M | 22.6% |
| 2020 | $3.24B | +4.8% | $1.32B | 40.8% | $423.2M | 13.1% |
| 2019 | $3.09B | +3.9% | $1.20B | 38.7% | $216.5M | 7.0% |
| 2018 | $2.97B | -1.9% | $1.15B | 38.6% | $-637,522,000 | -21.4% |
| 2017 | $3.03B | +16.2% | $1.14B | 37.4% | $88.1M | 2.9% |
| 2016 | $2.61B | +52.6% | $1.05B | 40.2% | $12.0M | 0.5% |
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Start ComparisonFrequently Asked Questions
Is QRVO's revenue growth accelerating or slowing?
QRVO maintains +8.4% revenue growth, in line with its 5-year CAGR of +2.8%. TTM revenue stands at $3.7B. Growth rate remains consistent with historical average.
What is QRVO's long-term revenue growth rate?
Qorvo, Inc.'s 5-year revenue CAGR of +2.8% reflects the sustained expansion pattern. Current YoY growth of +8.4% is near this long-term average.
How is QRVO's revenue distributed by segment?
QRVO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.