{ "ok": true, "cik": "1604778", "ticker": "QRVO", "name": "Qorvo, Inc.", "filings": [ { "form": "8-K", "filed": "2026-10-05", "items": [ "1.02 Termination of a Material Definitive Agreement", "2.01 Completion of Acquisition or Disposition of Assets", "3.01 Notice of Delisting or Failure to Satisfy a Listing Rule", "3.03 Material Modifications to Rights of Security Holders", "5.01 Changes in Control of Registrant", "5.02 Departure or Election of Directors; Appointment of Officers", "5.03 Amendments to Articles or Bylaws; Change in Fiscal Year", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1604778/000095010326015180/0000950103-26-015180-index.htm" }, { "form": "8-K", "filed": "2026-08-12", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/1604778/000162828026056169/0001628280-26-056169-index.htm" }, { "form": "10-Q", "filed": "2026-07-28", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1604778/000162828026050166/0001628280-26-050166-index.htm" }, { "form": "8-K", "filed": "2026-07-28", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1604778/000162828026050149/0001628280-26-050149-index.htm" }, { "form": "DEF 14A", "filed": "2026-06-26", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1604778/000119312526285512/0001193125-26-285512-index.htm" }, { "form": "8-K", "filed": "2026-06-12", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1604778/000095010326008888/0000950103-26-008888-index.htm" } ], "events12m": 14, "healthWatch": { "window": "last 12 months", "since": "2025-10-06", "signals": [ { "code": "3.01", "label": "Exchange listing notice or transfer", "count": 1, "latest": { "filed": "2026-10-05", "url": "https://www.sec.gov/Archives/edgar/data/1604778/000095010326015180/0000950103-26-015180-index.htm" } }, { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-10-05", "url": "https://www.sec.gov/Archives/edgar/data/1604778/000095010326015180/0000950103-26-015180-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001604778.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1604778" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up Qorvo, Inc. ($QRVO). Last filing: 8-K (1.02 Termination of a Material Definitive Agreement), 2026-10-05. 14 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-03-28", "revenue": 3678517000, "revenueGrowth1y": -0.010877740106067013, "revenueGrowthPerYear": -0.05687764710851384, "yearsOfData": 5, "operatingMargin": 0.11184507234844912, "operatingMarginPrior": 0.02568640626667968, "netMargin": 0.09215371303163748, "operatingCashFlow": 808631000, "capitalSpending": 129070000, "freeCashFlow": 679561000, "researchAndDevelopment": 726122000, "researchShareOfRevenue": 0.19739530903350452, "cash": 1219015000, "longTermDebt": 1549154000, "longTermDebtChange": -0.00003937478013060769, "revenueHistory": [ { "fiscalYearEnd": "2022-04-02", "revenue": 4645714000 }, { "fiscalYearEnd": "2023-04-01", "revenue": 3569399000 }, { "fiscalYearEnd": "2024-03-30", "revenue": 3769506000 }, { "fiscalYearEnd": "2025-03-29", "revenue": 3718971000 }, { "fiscalYearEnd": "2026-03-28", "revenue": 3678517000 } ], "totalEquity": 3344299000, "totalAssets": 5825590000, "equityRatio": 0.574070437500751, "returnOnEquity": 0.10136324533183187, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 3.66, "sharesOutstanding": 93547000, "bookValuePerShare": 35.74993318866452, "revenuePerShare": 39.322661336012914, "range80": { "low": 2967116434.176738, "high": 4350555794.465954, "baseline": 3677064513.485073, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5714285714285714, "growthYears": 5, "ownVolatility": 0.1520414938465927, "classVolatility": 0.07701947805587882, "volatility": 0.12550609740703778 }, "ifPaceHeld": { "low": 2967116434.176738, "high": 4350555794.465954 } }, "edgarette": "🔖 Exposure: revenue $3.7B (FY2026), total debt $1.5B. Experience: revenue down 1.1% on the year, down 5.7% a year over 4 years; operating margin 11.2%, up from 2.6%. Soundness: equity 57.4% of assets, return on equity 10.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $3.0B and $4.4B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.6B to $5.0B. A statistical range, not company guidance. Against peers (63 filers, $50M+ revenue, semiconductors & related devices): operating margin 11.2% against a 2.4% median; growth -1.1% against 15.5%.", "peers": { "sic": 3674, "sicDescription": "Semiconductors & Related Devices", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "3674", "growth": [ 0.1547, 63 ], "opMargin": [ 0.0239, 63 ], "equityRatio": [ 0.6781, 62 ], "returnOnEquity": [ 0.0351, 59 ], "payoutRatio": [ 0.5072, 15 ] }, "summary": "Qorvo (QRVO) saw revenue fall 1.1% in FY2026 to $3.7 billion, operating margin 11.2% against a 2.4% median for semiconductors & related devices, equity 57.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Qorvo, Inc. against its own record and its peers
Operating marginPeer median 2.4%11.2%Revenue, on the yearPeer median 15.5%-1.1%Equity of assetsPeer median 67.8%57.4%Return on equityPeer median 3.5%10.1%Gold tick: the median of 59–62 peers with $50M+ revenue in semiconductors & related devices
", "chartHorizon": null, "backtest": { "tests": 10, "hits": 7, "rate": 0.7, "method": "v4", "byYear": { "2017": [ 0, 1 ], "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-06T14:08:29.490Z", "hash": "a3932f097686b9a0", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Qorvo (QRVO) saw revenue fall 1.1% in FY2026 to $3.7 billion, operating margin 11.2% against a 2.4% median for semiconductors & related devices, equity 57.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-03-28", "revenue": 3678517000, "totalDebt": 1549154000, "cash": 1219015000 }, "experience": { "revenueGrowth1y": -0.010877740106067013, "revenueGrowthPerYear": -0.05687764710851384, "operatingMargin": 0.11184507234844912, "operatingMarginPrior": 0.02568640626667968, "netMargin": 0.09215371303163748, "freeCashFlow": 679561000 }, "soundness": { "equityRatio": 0.574070437500751, "returnOnEquity": 0.10136324533183187, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 3674, "sicDescription": "Semiconductors & Related Devices", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "3674", "growth": [ 0.1547, 63 ], "opMargin": [ 0.0239, 63 ], "equityRatio": [ 0.6781, 62 ], "returnOnEquity": [ 0.0351, 59 ], "payoutRatio": [ 0.5072, 15 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-10-06", "signals": [ { "code": "3.01", "label": "Exchange listing notice or transfer", "count": 1, "latest": { "filed": "2026-10-05", "url": "https://www.sec.gov/Archives/edgar/data/1604778/000095010326015180/0000950103-26-015180-index.htm" } }, { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-10-05", "url": "https://www.sec.gov/Archives/edgar/data/1604778/000095010326015180/0000950103-26-015180-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 2967116434.176738, "high": 4350555794.465954, "baseline": 3677064513.485073, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341, "coverageAllYears": 0.6904374799277399, "stressCoverageAllYears": 0.819004992974709, "outcomeYears": [ 2019, 2025 ] }, "credibility": { "weightOnOwnRecord": 0.571, "growthYears": 5, "ownVolatility": 0.1520414938465927, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.12550609740703778, "k": 3 }, "stress": { "low": 2580080545.9906745, "high": 5003854626.986096, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 10, "hits": 7, "rate": 0.7, "method": "v4", "byYear": { "2017": [ 0, 1 ], "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-10-06T14:08:29.490Z", "hash": "a3932f097686b9a0", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001604778.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1604778" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.2198, "growth3y": 0.0101, "volatility": 0.1404, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.6, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "between", "inside": "Turns 22.0% of revenue into operating cash; revenue growing 1.0% a year over three years; no common dividend.", "outside": "Among $1B-10B companies: 69th percentile for cash, 34th for growth.", "emoji": "🌊", "label": "In between", "plain": "no clear cash pattern yet" }, "band": "$1B-10B", "cashPctInClass": 69, "growthPctInClass": 34, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2026-03-28", "operating": 808631000, "investing": -43600000, "financing": -566526000, "capitalSpending": 129070000, "free": 679561000, "trend": [ { "fiscalYearEnd": "2022-04-02", "operating": 1049243000, "free": 835777000 }, { "fiscalYearEnd": "2023-04-01", "operating": 843231000, "free": 684278000 }, { "fiscalYearEnd": "2024-03-30", "operating": 833189000, "free": 705959000 }, { "fiscalYearEnd": "2025-03-29", "operating": 622202000, "free": 484602000 }, { "fiscalYearEnd": "2026-03-28", "operating": 808631000, "free": 679561000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-03-28", "cash": 1219015000, "shortTerm": null, "longTerm": 16295000, "equityHoldings": null, "totalAssets": 5825590000, "ladder": null, "currentRatio": 3.24, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.2198, "growth3y": 0.0101, "volatility": 0.1404, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.6, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "between", "inside": "Turns 22.0% of revenue into operating cash; revenue growing 1.0% a year over three years; no common dividend.", "outside": "Among $1B-10B companies: 69th percentile for cash, 34th for growth.", "emoji": "🌊", "label": "In between", "plain": "no clear cash pattern yet" }, "band": "$1B-10B", "cashPctInClass": 69, "growthPctInClass": 34, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2026-03-28", "operating": 808631000, "investing": -43600000, "financing": -566526000, "capitalSpending": 129070000, "free": 679561000, "trend": [ { "fiscalYearEnd": "2022-04-02", "operating": 1049243000, "free": 835777000 }, { "fiscalYearEnd": "2023-04-01", "operating": 843231000, "free": 684278000 }, { "fiscalYearEnd": "2024-03-30", "operating": 833189000, "free": 705959000 }, { "fiscalYearEnd": "2025-03-29", "operating": 622202000, "free": 484602000 }, { "fiscalYearEnd": "2026-03-28", "operating": 808631000, "free": 679561000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-03-28", "cash": 1219015000, "shortTerm": null, "longTerm": 16295000, "equityHoldings": null, "totalAssets": 5825590000, "ladder": null, "currentRatio": 3.24, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }