Qorvo (QRVO) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-30 | $3.77B | 5.61% |
| 2023-04-01 | $3.57B | -23.17% |
| 2022-04-02 | $4.65B | 15.70% |
| 2021-04-03 | $4.02B | 23.96% |
| 2020-03-28 | $3.24B | 4.82% |
| 2019-03-30 | $3.09B | 3.93% |
| 2018-03-31 | $2.97B | -1.95% |
| 2017-04-01 | $3.03B | 16.16% |
| 2016-04-02 | $2.61B | 52.59% |
| 2015-03-28 | $1.71B | 49.01% |
| 2014-03-31 | $1.15B | 19.09% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-29 | $886.67M | -5.77% |
| 2024-03-30 | $940.99M | -12.37% |
| 2023-12-30 | $1.07B | -2.69% |
| 2023-09-30 | $1.10B | 69.46% |
| 2023-07-01 | $651.16M | 2.92% |
| 2023-04-01 | $632.70M | -14.88% |
| 2022-12-31 | $743.28M | -35.82% |
| 2022-10-01 | $1.16B | 11.85% |
| 2022-07-02 | $1.04B | -11.22% |
| 2022-04-02 | $1.17B | 4.69% |
| 2022-01-01 | $1.11B | -11.26% |
| 2021-10-02 | $1.26B | 13.05% |
| 2021-07-03 | $1.11B | 3.51% |
| 2021-04-03 | $1.07B | -2.02% |
| 2021-01-02 | $1.09B | 3.26% |
| 2020-10-03 | $1.06B | 34.65% |
| 2020-06-27 | $787.45M | -0.04% |
| 2020-03-28 | $787.77M | -9.35% |
| 2019-12-28 | $869.07M | 7.73% |
| 2019-09-28 | $806.70M | 4.01% |
| 2019-06-29 | $775.60M | 13.91% |
| 2019-03-30 | $680.88M | -18.20% |
| 2018-12-29 | $832.33M | -5.89% |
| 2018-09-29 | $884.44M | 27.69% |
| 2018-06-30 | $692.67M | 4.10% |
| 2018-03-31 | $665.38M | -21.33% |
| 2017-12-30 | $845.74M | 2.94% |
| 2017-09-30 | $821.58M | 28.21% |
| 2017-07-01 | $640.83M | -0.34% |
| 2017-04-01 | $642.99M | -22.19% |
| 2016-12-31 | $826.35M | -4.44% |
| 2016-10-01 | $864.70M | 23.79% |
| 2016-07-02 | $698.54M | 14.88% |
| 2016-04-02 | $608.07M | -2.03% |
| 2016-01-02 | $620.68M | -12.37% |
| 2015-10-03 | $708.34M | 5.15% |
| 2015-06-27 | $673.64M | 6.10% |
| 2015-03-28 | $634.89M | 59.89% |
| 2014-12-27 | $397.09M | 100.00% |
| 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/Service | Mar 24 | Apr 23 | Apr 22 | Apr 21 | Mar 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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Dec 22 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 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
| Country | Mar 24 | Apr 23 | Apr 22 | Apr 21 | Mar 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 | - | - |
| Mobile Products | - | - | $3.55B | - | - |
| Infrastructure and Defense Products | - | - | $1.10B | - | - |
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
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Dec 22 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 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 | - | - | - | - | - | - | - |
| 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 |
| 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 |
| 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TXN | Texas Instruments | $17.52B | $3.82B |
| NXPI | NXP Semiconductors | $13.28B | $3.13B |
| ADI | Analog Devices | $12.31B | $2.31B |
| ON | ON Semiconductor | $8.25B | $1.74B |
| MCHP | Microchip | $7.63B | $1.24B |
| QRVO | Qorvo | $3.77B | $886.67M |
| MPWR | Monolithic Power Systems | $1.82B | $507.43M |
| ALGM | Allegro MicroSystems | $1.05B | $166.92M |
| SYNA | Synaptics | $959.40M | $237.30M |
| SLAB | Silicon Laboratories | $782.26M | $145.37M |
| LSCC | Lattice Semiconductor | $737.15M | $124.08M |
| SITM | SiTime | $143.99M | $43.87M |
QRVO Revenue FAQ
What is Qorvo’s yearly revenue?
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.
What is Qorvo’s quarterly revenue?
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).
What is Qorvo’s revenue growth rate?
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%.
What are Qorvo’s revenue streams?
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.
What is Qorvo’s main source of revenue?
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.