Qorvo (QRVO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Qorvo

NasdaqGS•Technology•Semiconductors

$104.07+1.23(0.01%)Pre-market

Market Cap

$10.52B

P/E

26.4x

P/S

2.9x

P/B

3.0x

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency, analog mixed signal, and power management solutions for defense and aerospace markets, as well as offers compound semiconductor foundry services, wafer processing, advanced packaging and heterogeneous integration solutions. The CSG segment supplies connectivity and sensor solutions featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, and cellular solutions. It serves smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points markets. The ACG segment supplies cellular solutions for smartphones, wearables, laptops, tablets, and various other devices. It also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.

How this company scores

GoodMetricSide Score: 78/100

Strongest: Cash & Earnings Quality (23/25); weakest: Growth (13/25).

Profitability21/25

Growth13/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality23/25

Strengths

Rising earningsLow leverageCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 26.4x5y range 11.9x – 249.7x

Currently near its 14-quarter median.

P/S · 2.9x5y range 1.8x – 4.1x

Currently near its 20-quarter median.

P/B · 3.0x5y range 1.9x – 4.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Revenue Decline

Watch

Revenue has softened, declining in 5 quarters. Watch for further erosion.

Price & Volume

Market Cap $10.52B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.64B
Q. Revenue: $784.79M
TTM EBITDA: $723.17M
TTM Op. Income: $478.11M
Q. Op. Income: $96.77M
TTM Net Income: $399.20M
Q. Net Income: $85.80M
EPS: $0.97
Shares Out.: $88.03M

$3.64B in TTM revenue declined 0.2% YoY, reaching $784.79M last quarter. TTM EBITDA of $723.17M and TTM operating income of $478.11M show growth is flowing through to the bottom line. TTM net income of $399.20M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 51.1%
EBITDA Margin: 18.7%
Op. Margin: 12.3%
Net Margin: 10.9%

Op. margin of 12.3% is up 8.7% YoY — cost efficiency is improving. Net margin at 10.9% and gross margin of 51.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 236% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 26.4x
P/S Ratio: 2.9x
P/B Ratio: 3.0x

At 26.4x P/E, the stock trades within typical market levels. P/S of 2.9x and P/B of 3.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 73% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $5.94B
Cash: $1.33B
Long-Term Debt: $1.55B
Book Value: $3.47B
D/E Ratio: 0.4
Debt/EBITDA: 10.5

With $5.94B in assets and $1.55B in long-term debt, D/E is 0.4and book value is $3.47B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 1% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $139.49M
TTM Free Cash Flow: $649.51M
FCF Margin: 17.8%
FCF / Net Income: 1.6

TTM FCF of $649.51M on $139.49M in operating cash flow. The FCF / Net Income ratio of 1.6x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 11% — a weakening trend.