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Qorvo Earnings Calls
| Release date | Oct 28, 2025 |
| EPS estimate | $2.03 |
| EPS actual | $2.22 |
| EPS Surprise | 9.36% |
| Revenue estimate | 982.612M |
| Revenue actual | 1.059B |
| Revenue Surprise | 7.72% |
| Release date | Jul 29, 2025 |
| EPS estimate | $0.620 |
| EPS actual | $0.92 |
| EPS Surprise | 48.39% |
| Revenue estimate | 963.351M |
| Revenue actual | 818.778M |
| Revenue Surprise | -15.01% |
| Release date | Apr 29, 2025 |
| EPS estimate | $1.01 |
| EPS actual | $1.42 |
| EPS Surprise | 40.59% |
| Revenue estimate | 850.52M |
| Revenue actual | 869.474M |
| Revenue Surprise | 2.23% |
| Release date | Jan 28, 2025 |
| EPS estimate | $1.21 |
| EPS actual | $1.61 |
| EPS Surprise | 33.06% |
| Revenue estimate | 850.731M |
| Revenue actual | 916.317M |
| Revenue Surprise | 7.71% |
Last 4 Quarters for Qorvo
Below you can see how QRVO performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jan 28, 2025 |
| Price on release | $85.78 |
| EPS estimate | $1.21 |
| EPS actual | $1.61 |
| EPS surprise | 33.06% |
| Date | Price |
|---|---|
| Jan 22, 2025 | $87.09 |
| Jan 23, 2025 | $90.57 |
| Jan 24, 2025 | $88.94 |
| Jan 27, 2025 | $87.63 |
| Jan 28, 2025 | $85.78 |
| Jan 29, 2025 | $86.03 |
| Jan 30, 2025 | $83.72 |
| Jan 31, 2025 | $82.98 |
| Feb 03, 2025 | $81.66 |
| 4 days before | -1.50% |
| 4 days after | -4.80% |
| On release day | 0.291% |
| Change in period | -6.23% |
| Release date | Apr 29, 2025 |
| Price on release | $62.65 |
| EPS estimate | $1.01 |
| EPS actual | $1.42 |
| EPS surprise | 40.59% |
| Date | Price |
|---|---|
| Apr 23, 2025 | $59.91 |
| Apr 24, 2025 | $63.51 |
| Apr 25, 2025 | $63.78 |
| Apr 28, 2025 | $63.80 |
| Apr 29, 2025 | $62.65 |
| Apr 30, 2025 | $71.67 |
| May 01, 2025 | $69.81 |
| May 02, 2025 | $70.90 |
| May 05, 2025 | $70.72 |
| 4 days before | 4.57% |
| 4 days after | 12.88% |
| On release day | 14.40% |
| Change in period | 18.04% |
| Release date | Jul 29, 2025 |
| Price on release | $84.67 |
| EPS estimate | $0.620 |
| EPS actual | $0.92 |
| EPS surprise | 48.39% |
| Date | Price |
|---|---|
| Jul 23, 2025 | $88.53 |
| Jul 24, 2025 | $86.19 |
| Jul 25, 2025 | $85.28 |
| Jul 28, 2025 | $84.32 |
| Jul 29, 2025 | $84.67 |
| Jul 30, 2025 | $86.50 |
| Jul 31, 2025 | $83.60 |
| Aug 01, 2025 | $84.11 |
| Aug 04, 2025 | $85.17 |
| 4 days before | -4.36% |
| 4 days after | 0.591% |
| On release day | 2.16% |
| Change in period | -3.80% |
| Release date | Oct 28, 2025 |
| Price on release | $97.42 |
| EPS estimate | $2.03 |
| EPS actual | $2.22 |
| EPS surprise | 9.36% |
| Date | Price |
|---|---|
| Oct 22, 2025 | $90.67 |
| Oct 23, 2025 | $92.06 |
| Oct 24, 2025 | $90.71 |
| Oct 27, 2025 | $92.13 |
| Oct 28, 2025 | $97.42 |
| Oct 29, 2025 | $95.48 |
| Oct 30, 2025 | $95.99 |
| Oct 31, 2025 | $94.92 |
| Nov 03, 2025 | $93.58 |
| 4 days before | 7.44% |
| 4 days after | -3.94% |
| On release day | -1.99% |
| Change in period | 3.21% |
Qorvo Earnings Call Transcript Summary of Q3 2025
Qorvo reported December-quarter revenue of $916M and non-GAAP EPS of $1.61, with non-GAAP gross margin of 46.5% and non-GAAP OpEx of $248M, beating guidance. The company expects March-quarter revenue of ~$850M (±$25M), non-GAAP gross margin of 43%–44%, and non-GAAP EPS of $0.90–$1.10. Management confirmed the sale of the silicon carbide business (negligible revenue in Q4) and completed a $412M debt retirement; cash was ~$770M at quarter end. They repurchased ~$100M of stock in the quarter. Key strategic actions include a workforce reduction focused on mass-market Android, narrowing ACG to premium/flagship 5G tiers, shifting certain manufacturing (e.g., gas production) to higher-volume sites, and cancelling portions of a digital transformation project. Android 5G revenue in ACG for FY25 is expected to be ~ $875M and is estimated to decline by ~$150M–$200M per year in FY26 and FY27 (majority China-based, plus some mid-tier Samsung). For FY26, management expects single-digit decline in ACG and ~10%–12% growth in CSG and HPA (ex-silicon carbide), with gross margin expansion of ~150 bps on roughly flat revenue. They project FY26 OpEx averaging ~ $250M/quarter, anticipate over $100M of annualized gross + OpEx savings from actions taken (with some reinvestment into growth areas), and expect non-GAAP tax rate to rise from ~11% in FY25 to ~18%–19% in FY26 (subject to regulatory uncertainty). Segment highlights: strong Defense & Aerospace (record D&A quarter; multi-year tailwinds, AESA radar, SATCOM/LEO opportunities), stabilization in infrastructure (broadband DOCSIS 4.0 and base station recovery), growing enterprise WiFi 7 and Ultra-Wideband opportunities, automotive UWB design wins (up to ~$20/car content potential), and consumer ramps in Matter SOCs and WiFi 7 FEMs. Near-term seasonality: D&A expected to be strong in March then down in June; June is the weakest seasonal quarter for the company’s largest mobile customer. Management welcomes shareholder engagement but asked that Q&A remain focused on results and outlook.
