Qorvo (QRVO) Tops Q1 EPS by 29c, Beats on Revenue; Offers Q2 Revenue Guidance

Go back to Qorvo (QRVO) Tops Q1 EPS by 29c, Beats on Revenue; Offers Q2 Revenue Guidance

Qorvo® Announces Fiscal 2026 First Quarter Financial Results

July 29, 2025 4:01 PM EDT

GREENSBORO, N.C., July 29, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Companys fiscal 2026 first quarter ended June 28, 2025.

On a GAAP basis, revenue for Qorvos fiscal 2026 first quarter was $818.8 million, gross margin was 40.5%, operating income was $30.1 million, and diluted earnings per share was $0.27. On a non-GAAP basis, gross margin was 44.0%, operating income was $108.2 million, and diluted earnings per share was $0.92.

Bob Bruggeworth, president and chief executive officer of Qorvo, said, The Qorvo team delivered a strong... More