Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems and solutions for applications that drive wireless and broadband communications, as well as foundry services. The Company was created by the merger of TriQuint Semiconductor and RF Micro Devices. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. The Company also leverages unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places, and things.

Company Growth (employees)
Type
Public
HQ
Greensboro, US
Founded
2015
Size (employees)
7,300 (est)
Website
qorvo.com
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
Show all (7)

Qorvo Financials and Metrics

Qorvo Financials

Qorvo's revenue was reported to be $3 b in FY, 2017 which is a 16% increase from the previous period.
USD

Revenue (FY, 2017)

3 b

Revenue growth (FY, 2016 - FY, 2017), %

16%

Net income (FY, 2017)

55.9 m

Market capitalization (12-Oct-2017)

9.2 b

Cash (01-Apr-2017)

545.5 m

EV

9.6 b
Qorvo's current market capitalization is $9.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.7 b2.6 b3 b

Revenue growth, %

53%16%

Cost of goods sold

658.3 m743.3 m1 b1.6 b

Gross profit

689.3 m1 b
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

397.1 m673.6 m708.3 m620.7 m698.5 m864.7 m

Cost of goods sold

206.4 m394.1 m423.5 m389.7 m422.1 m547.9 m

Gross profit

190.7 m279.5 m284.8 m231 m276.5 m316.8 m

Gross profit Margin, %

48%41%40%37%40%37%
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016FY, 2017

Cash

135.5 m101.7 m171.9 m299.8 m425.9 m545.5 m

Accounts Receivable

25.8 m47.4 m65.2 m

Inventories

346.9 m427.6 m430.5 m

Current Assets

1.5 b1.5 b1.5 b
USDQ1, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

118.1 m325.6 m169.6 m851.6 m433 m469.2 m

Accounts Receivable

34.5 m25 m27.2 m31 m69.9 m78 m

Inventories

170 m363.9 m393.8 m406.7 m455.8 m437.1 m

Current Assets

755.3 m1.6 b1.3 b1.8 b1.5 b1.6 b
USDFY, 2015FY, 2016FY, 2017

Net Income

196.3 m(28.8 m)(16.6 m)

Depreciation and Amortization

74.2 m180.4 m209.8 m

Accounts Receivable

(30.4 m)36.7 m(36.9 m)

Inventories

10.4 m(84.1 m)(6.4 m)
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

87.9 m2 m4.4 m(11.1 m)(5.7 m)11.8 m

Accounts Receivable

34.5 m25 m27.2 m31 m69.9 m78 m

Inventories

170 m363.9 m393.8 m406.7 m455.8 m437.1 m

Accounts Payable

130.5 m206.1 m204.9 m188.5 m263.5 m323.7 m
USDY, 2017

EV/CFO

12.4 x

Revenue/Employee

415.4 k

Debt/Equity

0.2 x

Debt/Assets

0.2 x

Financial Leverage

1.3 x
Show all financial metrics

Qorvo Operating Metrics

FY, 2015FY, 2016FY, 2017

Patents Issued

1 k1.1 k1.2 k
Show all operating metrics

Qorvo Market Value History

Qorvo Revenue Breakdown

Traffic Overview of Qorvo

Qorvo Online and Social Media Presence

Qorvo News and Updates

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Qorvo Company Life and Culture

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