Company Growth (employees)
Qorvo was founded in 2015 and is headquartered in Greensboro, US
Qorvo Office Locations
Qorvo has offices in Greensboro, Hillsboro, Richardson, Apopka and in 3 other locations
Greensboro, US (HQ)
7628 Thorndike Rd
Nürnberg, DE
20 Löffelholzstraße
Singapore, SG
1 Changi Business Park Ave 1
San José, CR
Calle 144
Apopka, US
1818 S Orange Blossom Trail
Richardson, US
500 W Renner Rd
Hillsboro, US
2300 Ne Brookwood Pkwy
Qorvo Data and Metrics
Qorvo Financial Metrics
Qorvo's revenue was reported to be $2.6 b in FY, 2016 which is a 53% increase from the previous period.
$, USD
Revenue (FY, 2016) | 2.6 b |
Revenue growth (FY, 2015 - FY, 2016), % | 53% |
Gross profit (FY, 2016) | 1 b |
Gross profit margin (FY, 2016), % | 40% |
Net income (FY, 2016) | (28.8 m) |
EBIT (FY, 2016) | 12 m |
Market capitalization (23-Jun-2017) | 8.9 b |
Closing share price (23-Jun-2017) | 70.5 |
Cash (02-Apr-2016) | 425.9 m |
Qorvo's current market capitalization is $8.9 b.
| $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 1.7 b | 2.6 b | ||
Revenue growth, % | 53% | |||
Cost of goods sold | 658.3 m | 743.3 m | 1 b | 1.6 b |
Gross profit | 689.3 m | 1 b | ||
Gross profit Margin, % | 40% | 40% | ||
R&D expense | 257.5 m | 448.8 m | ||
General and administrative expense | 85.2 m | 113.6 m | ||
Operating expense total | 566.8 m | 1 b | ||
EBIT | 122.5 m | 12 m | ||
EBIT margin, % | 7% | 0% | ||
Interest expense | 6.5 m | 6 m | (1.4 m) | (23.3 m) |
Interest income | 450 k | 2.1 m | ||
Pre tax profit | 121.2 m | (2.9 m) | ||
Income tax expense | 27.1 m | 11.2 m | 75.1 m | (26 m) |
Net Income | 196.3 m | (28.8 m) |
| $, USD | Y, 2012 | Y, 2013 | Y, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|
Cash | 135.5 m | 101.7 m | 171.9 m | 299.8 m | 425.9 m |
Accounts Receivable | 25.8 m | 47.4 m | |||
Inventories | 346.9 m | 427.6 m | |||
Current Assets | 1.5 b | 1.5 b | |||
Goodwill | 2.1 b | 2.1 b | |||
Total Assets | 6.9 b | 6.6 b | |||
Accounts Payable | 182.5 m | 205.4 m | |||
Current Liabilities | 325.3 m | 373.8 m | |||
Retained Earnings | (411 m) | (439.8 m) | |||
Total Equity | 5 b | ||||
Financial Leverage | 1.3 x |
| $, USD | FY, 2015 | FY, 2016 |
|---|---|---|
Net Income | 196.3 m | (28.8 m) |
Depreciation and Amortization | 74.2 m | 180.4 m |
Accounts Receivable | (30.4 m) | 36.7 m |
Inventories | 10.4 m | (84.1 m) |
Accounts Payable | (30.1 m) | (461 k) |
Cash From Operating Activities | 127.9 m | 126.1 m |
Purchases of PP&E | (169.9 m) | (315.6 m) |
Cash From Investing Activities | (63.9 m) | (278.7 m) |
Cash From Financing Activities | (112.9 m) | (282.9 m) |
Interest Paid | 930 k | 2.2 m |
Income Taxes Paid | 34.6 m | 34.9 m |
| $, USD | Y, 2016 |
|---|---|
Revenue/Employee | 389.7 k |
Financial Leverage | 1.3 x |
