← Qorvo, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $545.5m | $926.0m | $711.0m | $714.9m | $1.4b | $972.6m | $808.8m | $1.0b | $1.0b | $1.2b | |
| Accounts receivable, net of allowance of $301 and $309 as of March 28, 2026 and March 29, 2025, respectively | $357.9m | $346.0m | $378.2m | $367.2m | $457.4m | $568.9m | $304.5m | $413.0m | $386.7m | $382.5m | |
| Inventories | $430.5m | $472.3m | $511.8m | $517.2m | $507.8m | $755.7m | $796.6m | $710.6m | $641.0m | $553.7m | |
| Prepaid expenses | $36.2m | $23.9m | $25.8m | $37.9m | $41.6m | $49.8m | $46.7m | $40.6m | $32.8m | $36.7m | |
| Other current assets | $26.3m | $30.8m | $36.1m | $38.3m | $51.8m | $70.7m | $46.7m | $79.0m | $74.6m | $98.2m | |
| Total current assets | $1.5b | $1.8b | $1.7b | $1.7b | $2.5b | $2.4b | $2.0b | $2.4b | $2.2b | $2.3b | |
| Long-term investments | $35.5m | $63.8m | $97.8m | $22.5m | $35.4m | $31.1m | $20.4m | $23.3m | $23.4m | $16.3m | |
| Property and equipment, net | $1.4b | $1.4b | $1.4b | $1.3b | $1.3b | $1.3b | $1.1b | $871.0m | $801.9m | $710.4m | |
| Goodwill | $2.2b | $2.2b | $2.2b | $2.6b | $2.6b | $2.8b | $2.8b | $2.5b | $2.4b | $2.4b | |
| Intangible assets, net | $1.4b | $860.3m | $408.2m | $808.9m | $611.2m | $674.8m | $537.7m | $509.4m | $273.5m | $121.5m | |
| Other Receivables, Net, Current | — | — | — | — | $27.3m | $32.2m | $26.5m | $14.4m | $11.0m | $16.2m | |
| Disposal Group, Including Discontinued Operation, Assets | — | — | — | — | — | — | $0 | $159.3m | $0 | — | |
| Other non-current assets | $58.8m | $65.6m | $76.8m | $165.3m | $182.4m | $324.1m | $193.4m | $170.4m | $277.3m | $317.9m | |
| Other current liabilities | $32.0m | $60.9m | $41.8m | $67.4m | $107.6m | $107.0m | $122.6m | $113.2m | $234.5m | $221.7m | |
| Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations | — | — | — | — | — | — | $0 | $88.4m | $0 | — | |
| Total stockholders’ equity | $4.9b | $4.8b | $4.4b | $4.3b | $4.6b | $4.6b | $3.9b | $3.6b | $3.4b | $3.3b | |
| Total assets | $6.5b | $6.4b | $5.8b | $6.6b | $7.2b | $7.5b | $6.7b | $6.6b | $5.9b | $5.8b | |
| Total liabilities and stockholders’ equity | $6.5b | $6.4b | $5.8b | $6.6b | $7.2b | $7.5b | $6.7b | $6.6b | $5.9b | $5.8b | |
| Accounts payable | $216.2m | $213.2m | $233.3m | $247.0m | $313.9m | $327.9m | $210.7m | $253.0m | $260.7m | $242.9m | |
| Accrued liabilities | $170.6m | $167.2m | $160.5m | $217.8m | $255.1m | $240.2m | $222.5m | $336.8m | $288.0m | $248.2m | |
| Long-term Debt, Current Maturities | — | — | $80k | $6.9m | $5.1m | — | $310k | $438.7m | $0 | — | |
| Total current liabilities | $418.8m | $441.3m | $435.6m | $539.0m | $681.6m | $675.1m | $555.8m | $1.2b | $783.2m | $712.8m | |
| Long-term debt | $989.2m | $983.3m | $919.3m | $1.6b | $1.7b | $2.0b | $2.0b | $1.5b | $1.5b | $1.5b | |
| Other long-term liabilities | $86.1m | $118.3m | $93.1m | $161.8m | $167.9m | $233.6m | $185.3m | $218.9m | $208.4m | $219.4m | |
| Total liabilities | $1.6b | $1.6b | $1.4b | $2.3b | $2.6b | $3.0b | $2.8b | $3.0b | $2.5b | $2.5b | |
| Preferred stock, $.0001 par value; 5,000 shares authorized; no shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock and additional paid-in capital, $0.0001 par value; 405,000 shares authorized; 87,741 and 92,920 shares issued and outstanding at March 28, 2026 and March 29, 2025, respectively | — | — | 4.7b | 4.3b | 4.2b | 4.0b | 3.8b | 3.7b | 3.4b | 3.3b | |
| Accumulated other comprehensive income (loss) | ($4.3m) | ($2.8m) | ($6.6m) | $2.3m | $29.6m | $5.2m | ($3.2m) | ($5.1m) | ($5.0m) | $4.1m | |
| Retained Earnings (Accumulated Deficit) | ($456.4m) | ($458.8m) | ($321.2m) | $0 | $355.0m | $512.1m | $84.5m | ($89.6m) | ($34.0m) | $38.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.