TORVANTA
Other · S&P 500 · data as of 2026-10-05

QRVO stock analysis: QRVO

QRVO (QRVO) is an S&P 500 company in Other. It grades strongest on momentum.

The model's view of QRVO · subscribers

Where QRVO ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with QRVO · updated 2026-10-05 · from prices and SEC filings

QRVO price performance

QRVO against the S&P 500, one year
+0%+20%QRVO +26%S&P 500 +18%2025-09-292026-10-05
Year to date+35.1%S&P 500 +14.5% · ahead by 20.6 pts
1 year+22.1%S&P 500 +17.0% · ahead by 5.1 pts
3 years+21.6%S&P 500 +89.3% · behind by 67.7 pts
5 years-31.2%S&P 500 +91.3% · behind by 122.6 pts

Total returns with dividends reinvested.

QRVO factor grades

Each grade compares QRVO with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

CValueP/E 31.5x (industry 20.1x)FCF yield 6.8% (industry 6.0%)
BGrowthRevenue growth -1% (industry +8%)EPS growth +524% (industry +10%)
C+ProfitabilityOperating margin 11.2% (industry 9.6%)ROIC 9.5% (industry 10.1%)
A-Momentum12-month change +22%From 52-wk high -5%

QRVO in plain numbers

QRVO key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$10.0B
Revenue growth (y/y)-1%
Free-cash-flow yield6.8%
Dividend yieldn/a
Next earnings (expected)2026-11-02
Valuation measures
Market value$10.0B
Enterprise value$10.4B
P/E (trailing)31.5x
Forward P/E (Torvanta estimate)21.0x
PEG (Torvanta estimate)0.42
Price / sales2.7x
Price / book3.0x
EV / revenue2.8x
EV / EBITDA25.2x
Financial highlights
Revenue, last 12 months$3.7B
Net income, last 12 months$339.0M
EPS, last 12 months (GAAP)$3.62
Gross margin45.9%
Operating margin11.2%
Net margin9.2%
Return on equity10.1%
Return on invested capital9.5%
Cash$1.2B
Total debt$1.5B
Debt / equity0.46x
Free cash flow, last 12 months$679.6M
Interest cover5.6x
Current ratio3.24x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

QRVO earnings trends

Revenue vs earnings
-$17.4M$251.5M$520.5M$789.5M$1.1BJun 2024 Revenue: $886.7MSep 2024 Revenue: $1.0BDec 2024 Revenue: $916.3MMar 2025 Revenue: $869.5MJun 2025 Revenue: $818.8MSep 2025 Revenue: $1.1BDec 2025 Revenue: $1.0BMar 2026 Revenue: $808.3MJun 2024 Net income: $414KSep 2024 Net income: -$17.4MDec 2024 Net income: $41.3MMar 2025 Net income: $31.4MJun 2025 Net income: $25.6MSep 2025 Net income: $119.6MDec 2025 Net income: $164.1MMar 2026 Net income: $29.7MJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Net margin: 0.0%Net margin: -1.7%Net margin: 4.5%Net margin: 3.6%Net margin: 3.1%Net margin: 11.3%Net margin: 16.5%Net margin: 3.7%-2%7%17%■ Revenue ■ Net income ━ Net margin
Earnings per share$-0.2$0.3$0.8$1.3$1.8Jun 2024 EPS (GAAP, diluted): $0.0Sep 2024 EPS (GAAP, diluted): $-0.2Dec 2024 EPS (GAAP, diluted): $0.4Mar 2025 EPS (GAAP, diluted): $0.3Jun 2025 EPS (GAAP, diluted): $0.3Sep 2025 EPS (GAAP, diluted): $1.3Dec 2025 EPS (GAAP, diluted): $1.8Mar 2026 EPS (GAAP, diluted): $0.3Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026■ EPS (GAAP, diluted) Change from a year earlier: Dec 2025 +307% · Mar 2026 -3%

From the company's 10-Q and 10-K filings with the SEC.

QRVO financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$4.6B$3.6B$3.8B$3.7B$3.7B
Net income$1.0B$103.2M-$70.3M$55.6M$339.0M
EPS (GAAP)$9.26$0.98$-0.73$0.58$3.62
Free cash flow$835.8M$684.3M$706.0M$484.6M$679.6M

QRVO earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-05-05$0.32-3%-7%-6.1%
2026-01-27$1.75+307%+8%-6.8%
2025-11-03$1.28n/a+1%-6.8%
2025-10-28$1.28n/a+1%+3.3%
2025-07-29$0.27n/a-8%+3.0%
2025-04-29$0.33+1000%-8%+11.7%

About QRVO

HeadquartersGreensboro, NC
Industry (SEC code)Semiconductors & Related Devices
Fiscal year endsApril 3
Incorporated inDE
Listed onNasdaq
FormerlyRocky Holding, Inc.

From the company's SEC registration record.

Companies similar to QRVO

CompanyMarket valueP/ERevenue growthOperating margin12-month change
QRVO QRVO$10.0B31.5x-1%11.2%+22%
ENSG ENSG$10.1B27.1x+19%8.5%-1%compare
PAYC PAYC$10.2B24.0x+9%30.3%+13%compare
BIO BIO$10.2B47.5x+1%2.1%+24%compare
KRYS KRYS$9.9B42.0x+23%44.9%+83%
PBF PBF$10.2B7.4x+14%5.8%+183%
DAR DAR$9.9B16.9x+15%14.5%+97%

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Frequently asked questions

Is QRVO stock a buy?

Torvanta does not tell individuals what to buy. Its grades for QRVO are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is QRVO's P/E ratio?

QRVO trades at about 31.5 times its last 12 months of GAAP earnings reported to the SEC, and about 21.0 times Torvanta's own estimate of the next 12 months.

When does QRVO report earnings next?

Based on its filing history, Torvanta expects QRVO to report around 2026-11-02.

How has QRVO performed against the S&P 500?

Over the past year QRVO returned +22.1%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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