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Qorvo Inc (QRVO)
:QRVO
Earnings Data
Report Date
Feb 04, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.86Last Year’s EPS
1.61Same Quarter Last Year
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Qorvo demonstrated strong operating performance with significant growth in the defense and aerospace markets and improvements in gross margin. However, challenges remain in the Android market and China, with strategic restructuring efforts impacting revenue growth in some segments.Company Guidance
Strong Operating Performance
Qorvo delivered solid operating performance with a focus on high-performing businesses and a strategic realignment to enhance profitability.
Restructuring for Profitability
Restructuring actions expected to reduce operating expenses by approximately $70 million per year in fiscal 2027.
Defense and Aerospace Growth
HPA business grew over 25% year-over-year with strong performance in defense and aerospace markets, benefiting from increased U.S. and allied defense spending.
WiFi and Ultra-wideband Advancements
Collaboration on WiFi 7 and WiFi 8 solutions with broad adoption across various sectors and ultra-wideband solutions for automotive and industrial markets.
Improved Gross Margin
Non-GAAP gross margin of 49.7% in Q2, with expected improvement in Q3, reflecting a year-over-year increase of 270 basis points.
Revenue and Financial Performance
Fiscal second quarter revenue of $1.059 billion and non-GAAP diluted earnings of $2.22 per share, both exceeding guidance.
QRVO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QRVO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 03, 2025 | $93.58 | $87.54 | -6.45% |
Jul 29, 2025 | $84.67 | $86.50 | +2.16% |
Apr 29, 2025 | $62.65 | $71.67 | +14.40% |
Jan 28, 2025 | $85.78 | $86.03 | +0.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Qorvo Inc (QRVO) report earnings?
Qorvo Inc (QRVO) is schdueled to report earning on Feb 04, 2026, After Close (Confirmed).
What is Qorvo Inc (QRVO) earnings time?
Qorvo Inc (QRVO) earnings time is at Feb 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QRVO EPS forecast?
QRVO EPS forecast for the fiscal quarter 2026 (Q3) is 1.86.
