Qorvo (QRVO) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Qorvo Revenue Highlights

Latest Revenue (Y)

$3.77B

Latest Revenue (Q)

$1.05B

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
2024-09-28	$1.05B	18.03%
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 $1.05B in revenue during Q2 2025, up 18.03% compared to the previous quarter, and up 160.71% 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
ACG	$2.76B	-	-	-	-
CSG	$434.54M	$474.36M	-	-	-
HPA	$572.95M	-	-	-	-
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	Sep 24	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
ACG	$751.44M	$642.35M	$653.67M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
HPA	$148.25M	$129.47M	$164.57M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CSG	$146.82M	$114.85M	$122.75M	$108.90M	$103.62M	$99.26M	$96.81M	$143.33M	-	-	-	-	-	-	-	-	-	-	-	-
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
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

Qorvo's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: ACG (71.80%), HPA (14.17%), and CSG (14.03%).

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
Europe	$88.24M	$202.43M	$251.61M	$192.95M	$154.37M
TAIWAN, PROVINCE OF CHINA	$260.84M	$248.71M	$169.34M	-	-
UNITED STATES	$2.18B	$1.82B	$1.93B	-	-
Other Asia	$517.68M	$498.97M	$620.62M	$363.52M	$340.40M
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

Country	Sep 24	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
CHINA	$151.76M	$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
UNITED STATES	$656.61M	$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
TAIWAN, PROVINCE OF CHINA	$102.30M	$92.55M	$68.05M	$76.43M	$92.07M	$85.21M	$72.54M	$69.49M	$53.35M	$53.33M	$47.15M	$43.16M	$38.04M	-	-	-	-	-	-	-
Other Asia	$113.19M	$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
Europe	$22.65M	$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
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 Sep 24: UNITED STATES (62.74%), CHINA (14.50%), Other Asia (10.82%), TAIWAN, PROVINCE OF CHINA (9.78%), and Europe (2.16%).

Qorvo Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TXN	Texas Instruments	$17.52B	$4.15B
NXPI	NXP Semiconductors	$13.28B	$3.25B
ADI	Analog Devices	$12.31B	$2.31B
ON	ON Semiconductor	$8.25B	$1.76B
MCHP	Microchip	$7.63B	$1.16B
QRVO	Qorvo	$3.77B	$1.05B
MPWR	Monolithic Power Systems	$1.82B	$620.12M
ALGM	Allegro MicroSystems	$1.05B	$187.39M
SYNA	Synaptics	$959.40M	$257.70M
SLAB	Silicon Laboratories	$782.26M	$166.40M
LSCC	Lattice Semiconductor	$737.15M	$127.09M
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 Q2 2025 was $1.05B, a 18.03% increase from the previous quarter (Q1 2025), and a -5.16% decrease year-over-year (Q2 2024). The company'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). QRVO'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).

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 ACG, CSG, and HPA. 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. HPA generated $572.95M in revenue, accounting 15.20% of the company's total revenue

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.