Qorvo (QRVO) Revenue & Revenue Breakdown


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Qorvo Revenue Highlights


Latest Revenue (Y)

$3.77B

Latest Revenue (Q)

$886.67M

Main Segment (Y)

ACG

Main Geography (Y)

UNITED STATES

Qorvo Revenue by Period


Qorvo Revenue by Year

DateRevenueChange
2024-03-30$3.77B5.61%
2023-04-01$3.57B-23.17%
2022-04-02$4.65B15.70%
2021-04-03$4.02B23.96%
2020-03-28$3.24B4.82%
2019-03-30$3.09B3.93%
2018-03-31$2.97B-1.95%
2017-04-01$3.03B16.16%
2016-04-02$2.61B52.59%
2015-03-28$1.71B49.01%
2014-03-31$1.15B19.09%
2013-03-31$964.15M-

Qorvo generated $3.77B in revenue during NA 2024, up 5.61% compared to the previous quarter, and up 121.98% compared to the same period a year ago.

Qorvo Revenue by Quarter

DateRevenueChange
2024-06-29$886.67M-5.77%
2024-03-30$940.99M-12.37%
2023-12-30$1.07B-2.69%
2023-09-30$1.10B69.46%
2023-07-01$651.16M2.92%
2023-04-01$632.70M-14.88%
2022-12-31$743.28M-35.82%
2022-10-01$1.16B11.85%
2022-07-02$1.04B-11.22%
2022-04-02$1.17B4.69%
2022-01-01$1.11B-11.26%
2021-10-02$1.26B13.05%
2021-07-03$1.11B3.51%
2021-04-03$1.07B-2.02%
2021-01-02$1.09B3.26%
2020-10-03$1.06B34.65%
2020-06-27$787.45M-0.04%
2020-03-28$787.77M-9.35%
2019-12-28$869.07M7.73%
2019-09-28$806.70M4.01%
2019-06-29$775.60M13.91%
2019-03-30$680.88M-18.20%
2018-12-29$832.33M-5.89%
2018-09-29$884.44M27.69%
2018-06-30$692.67M4.10%
2018-03-31$665.38M-21.33%
2017-12-30$845.74M2.94%
2017-09-30$821.58M28.21%
2017-07-01$640.83M-0.34%
2017-04-01$642.99M-22.19%
2016-12-31$826.35M-4.44%
2016-10-01$864.70M23.79%
2016-07-02$698.54M14.88%
2016-04-02$608.07M-2.03%
2016-01-02$620.68M-12.37%
2015-10-03$708.34M5.15%
2015-06-27$673.64M6.10%
2015-03-28$634.89M59.89%
2014-12-27$397.09M100.00%
2014-09-27-100.00%
2014-06-28--100.00%
2014-03-31$256.00M-11.27%
2013-12-31$288.52M-

Qorvo generated $886.67M in revenue during Q1 2025, up -5.77% compared to the previous quarter, and up 140.14% compared to the same period a year ago.

Qorvo Revenue Breakdown


Qorvo Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMar 24Apr 23Apr 22Apr 21Mar 20
HPA$572.95M----
ACG$2.76B----
CSG$434.54M$474.36M---
Infrastructure and Defense Products--$1.10B$1.16B$841.40M
Mobile Products--$3.55B$2.86B$2.40B

Qorvo's latest annual revenue breakdown by segment (product or service), as of Mar 24: ACG (73.27%), HPA (15.20%), and CSG (11.53%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jul 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jun 20Mar 20Dec 19Sep 19Jun 19
CSG$114.85M$122.75M$108.90M$103.62M$99.26M$96.81M$143.33M-------------
HPA$129.47M$164.57M------------------
ACG$642.35M$653.67M------------------
Infrastructure and Defense Products-------$302.44M$301.17M$265.53M$259.55M$274.21M$264.64M$268.81M$306.00M$319.05M$231.50M$206.96M$183.59M$219.34M
Mobile Products-------$732.92M$864.99M$848.43M$995.70M$836.14M$808.09M$826.02M$754.29M$468.40M$556.27M$662.11M$623.11M$556.25M

Qorvo's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: ACG (72.45%), HPA (14.60%), and CSG (12.95%).

Qorvo Revenue Breakdown by Country

Annual Revenue by Country

CountryMar 24Apr 23Apr 22Apr 21Mar 20
CHINA$726.81M$741.40M$1.50B$1.58B$1.11B
UNITED STATES$2.18B$1.82B$1.93B--
TAIWAN, PROVINCE OF CHINA$260.84M$248.71M$169.34M--
Other Asia$517.68M$498.97M$620.62M$363.52M$340.40M
Europe$88.24M$202.43M$251.61M$192.95M$154.37M
TAIWAN-$308.64M$345.87M--
Infrastructure and Defense Products--$1.10B--
Mobile Products--$3.55B--

Qorvo's latest annual revenue breakdown by geography, as of Mar 24: UNITED STATES (57.72%), CHINA (19.28%), Other Asia (13.73%), TAIWAN, PROVINCE OF CHINA (6.92%), and Europe (2.34%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jul 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jun 20Mar 20Dec 19Sep 19Jun 19
TAIWAN, PROVINCE OF CHINA$92.55M$68.05M$76.43M$92.07M$85.21M$72.54M$69.49M$53.35M$53.33M$47.15M$43.16M$38.04M$40.99M-------
Europe$18.19M$16.75M$14.85M$28.75M$27.89M$34.21M$64.49M$72.35M$68.07M$58.36M$64.44M$60.74M$49.78M$48.65M$53.97M$40.56M$40.64M$40.59M$37.18M$35.96M
CHINA$196.43M$184.93M$201.17M$189.90M$150.81M$124.80M$221.74M$283.48M$271.43M$273.58M$418.26M$535.94M$494.90M$305.89M$391.01M$387.22M$264.57M$281.02M$199.94M$361.14M
Other Asia$132.04M$162.37M$144.58M$119.39M$91.33M$72.00M$126.36M$192.33M$255.76M$136.09M$119.49M$109.28M$119.81M$83.07M$102.55M$58.10M$111.06M$80.73M$78.61M$70.01M
UNITED STATES$447.46M$508.89M$652.48M$699.29M$315.28M$459.19M$615.01M$396.03M$478.74M$569.49M$560.99M$319.18M$335.71M$587.74M$459.42M$248.25M$324.36M$423.57M$452.93M$267.50M
TAIWAN--$60.77M$66.16M$65.86M$53.07M$130.46M$91.17M$92.16M-----------

Qorvo's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (50.46%), CHINA (22.15%), Other Asia (14.89%), TAIWAN, PROVINCE OF CHINA (10.44%), and Europe (2.05%).

Qorvo Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
TXNTexas Instruments$17.52B$4.15B
NXPINXP Semiconductors$13.28B$3.13B
ADIAnalog Devices$12.31B$2.31B
ONON Semiconductor$8.25B$1.76B
MCHPMicrochip$7.63B$1.24B
QRVOQorvo$3.77B$886.67M
MPWRMonolithic Power Systems$1.82B$507.43M
ALGMAllegro MicroSystems$1.05B$166.92M
SYNASynaptics$959.40M$237.30M
SLABSilicon Laboratories$782.26M$145.37M
LSCCLattice Semiconductor$737.15M$124.08M
SITMSiTime$143.99M$43.87M

QRVO Revenue FAQ


Qorvo's yearly revenue for 2024 was $3.77B, representing an increase of 5.61% compared to 2023. The company's yearly revenue for 2023 was $3.57B, representing a decrease of -23.17% compared to 2022. QRVO's yearly revenue for 2022 was $4.65B, representing an increase of 15.70% compared to 2021.

Qorvo's quarterly revenue for Q1 2025 was $886.67M, a -5.77% decrease from the previous quarter (Q4 2024), and a 36.17% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $940.99M, a -12.37% decrease from the previous quarter (Q3 2024), and a 48.73% increase year-over-year (Q4 2023). QRVO's quarterly revenue for Q3 2024 was $1.07B, a -2.69% decrease from the previous quarter (Q2 2024), and a 44.48% increase year-over-year (Q3 2023).

Qorvo's revenue growth rate for the last 3 years (2022-2024) was -18.86%, and for the last 5 years (2020-2024) was 16.37%.

Qorvo's revenue streams in r 24 are HPA, ACG, and CSG. HPA generated $572.95M in revenue, accounting 15.20% of the company's total revenue ACG generated $2.76B in revenue, accounting 73.27% of the company's total revenue CSG generated $434.54M in revenue, accounting 11.53% of the company's total revenue, down -8.40% year-over-year.

For the fiscal year ending Mar 24, the largest source of revenue of Qorvo was ACG. This segment made a revenue of $2.76B, representing 73.27% of the company's total revenue.