Qorvo (QRVO)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
$102.84+2.45%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
QuarterlyIQ Insights · QRVO
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within information technology on a research-validated quality screen. As of 2026-09-04.
The screen ranks QRVO against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 55% of the time over the next year (vs 56% for the rest of the cohort, n=8445).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 100% of the last 2 guided quarters · 29.1% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Maintain and improve non-GAAP gross margin above 50% through operational excellence and business mix optimization.
Stated as a priority in 4 of last 4 quarters. Non-GAAP gross margin improved from 49.1% in 2025-Q3 to 52.8% in 2026-Q2, consistently above 50% in recent quarters. Management has reiterated the above 50% gross margin target each quarter and the trajectory is delivering.
“For full-year fiscal 2027, we continue to expect non-GAAP gross margin above 50%.”
“For full-year fiscal 2027, we continue to expect non-GAAP gross margin above 50%.”
“For full-year fiscal 2027, we continue to expect non-GAAP gross margin above 50%.”
“For full-year fiscal 2027, we continue to expect non-GAAP gross margin above 50%.”
Focus on improving profitability through business mix optimization and operational excellence.
Stated as a priority in 4 of last 4 quarters. Non-GAAP operating income rose from $108.2M in 2026-Q2 to $177.6M in 2026-Q2, and net income increased from $86.5M to $146.6M over the same period. Management's focus on profitability enhancement is reflected in improving operating results, delivering on this priority.
Continue efforts to reduce capital intensity to improve financial efficiency and cash flow.
Stated as a priority in 4 of last 4 quarters. Cash from operating activities increased from $182.9M in 2026-Q1 to $276.3M in 2026-Q4, indicating improved capital efficiency. Management consistently emphasizes reducing capital intensity, and the financial data shows progress delivering on this priority.
Maintain quarterly revenue around $800 million with a focus on stable top-line performance.
Stated as a priority in 3 of last 3 quarters. Quarterly revenue was $818.8M in 2026-Q1 and $808.3M in 2026-Q4, close to the $800M guidance target. Management has maintained this revenue guidance consistently, showing stable top-line performance aligned with the priority.
Maintain quarterly revenue guidance of approximately $800 million for March 2026.
Over the trailing year it converted 6.57x of net income into operating cash flow. Historically, Information Technology names rated robust grew net income 62% of the time over the next year (vs 50% for the rest of the cohort, n=3128).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
14 material management or governance events in the past 24 months, led by executive changes. Historically, Information Technology names rated stable grew net income 54% of the time over the next year (vs 60% for the rest of the cohort, n=2709).
Not investment advice. As of 2026-09-04.
“Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability.”
“Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability.”
“Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability.”
“Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability.”
“Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability.”
“Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability.”
“Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability.”
“Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability.”
“Qorvo’s current outlook for the March 2026 quarter is quarterly revenue of approximately $800 million, plus or minus $25 million.”
“Qorvo’s current outlook for the December 2025 quarter is quarterly revenue of approximately $985 million, plus or minus $50 million.”
“Qorvo’s current outlook for the September 2025 quarter is quarterly revenue of approximately $993 million.”