QRVO Qorvo, Inc.
Price Chart
Executive Summary
Qorvo reported fiscal Q4 2026 non-GAAP EPS of $1.69, a 39.7% beat vs. consensus of $1.21, while revenue of $808.3M slightly exceeded expectations. However, revenue declined 7% YoY and the company faces uncertainty from its pending merger with Skyworks, offsetting the strong earnings beat.
Key Financial Metrics
Actionable Insight
The strong EPS beat and cash flow are positive, but the revenue decline and merger overhang cap upside. Watch for merger approval milestones and any updates on post-merger guidance. If the Skyworks deal closes, the stock may re-rate on synergy realization.
Key Facts
- Non-GAAP EPS $1.69 vs. consensus $1.21 (+39.7%)
- Revenue $808.3M vs. consensus $801.8M (+0.8%)
- YoY revenue decline of 7.0% ($808.3M vs. $869.5M)
- GAAP EPS $0.32; GAAP net income $29.7M
- Non-GAAP gross margin expanded 670 bps YoY to 52.6%
- Free cash flow $255M; repurchased $400M of stock (5% of shares)
- Pending merger with Skyworks; discontinued earnings calls and formal guidance
- Fiscal 2027 outlook: non-GAAP gross margin above 50%, non-GAAP EPS approaching $7.00
Financial Impact
Non-GAAP EPS beat by $0.48 (39.7%), revenue beat by $6.5M (0.8%)
Risk Factors
- Merger integration risks with Skyworks
- Continued revenue decline in core segments (ACG -11.7% YoY, CSG -7.9% YoY)
- Customer concentration and end-market volatility
- No formal guidance until merger closes limits visibility
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3288194 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 9, 2026
1d ago
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8-K
| — | awaiting T+1 | — | — |
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Jun 3, 2026
7d ago
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Insider Cluster
| $102.64 awaiting T+1 | awaiting T+1 | — | $97.94 (+4.58%) |
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Jun 3, 2026
7d ago
|
Insider Cluster
| $104.22 $103.67 | ▲ +0.53% | ▲ +0.93% | $97.94 (+6.02%) |
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Jun 3, 2026
7d ago
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144
| $104.22 $103.67 | ▲ +0.53% | ▲ +0.93% | $97.94 (+6.02%) |
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Jun 1, 2026
8d ago
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144
| $99.92 $102.24 | ▲ +2.32% | ▲ +2.18% | $97.94 (−1.98%) |
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May 26, 2026
14d ago
|
Insider Cluster
| $103.66 $106.15 | ▲ +2.40% | ▲ +1.85% | $97.94 (−5.51%) |
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May 22, 2026
18d ago
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144
| $106.28 $107.89 | ▲ +1.51% | ▲ +0.93% | $97.94 (−7.84%) |
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May 6, 2026
5w ago
|
425
| $88.64 $88.70 | ▲ +0.07% | ▲ +0.40% | $97.94 (+10.50%) |
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May 5, 2026
5w ago
|
Press Release
| $88.64 $88.70 | ▲ +0.07% | ▲ +0.40% | $97.94 (+10.50%) |
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Apr 21, 2026
7w ago
|
Press Release
| $82.81 $84.72 | ▲ +2.31% | ▲ +1.29% | $97.94 (+18.28%) |
US Market Status
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