Qorvo
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Qorvo's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $3,769,506,000. Profit margin reached -2%. Total operating expenses were $1,396,794,000.
Profit Margin
| 2015 | 1.71B | 196.30M | 11.47% |
|---|---|---|---|
| 2016 | 2.61B | -28.84M | -1.1% |
| 2017 | 3.03B | -16.55M | -0.55% |
| 2018 | 2.97B | -40.28M | -1.35% |
| 2019 | 3.09B | 133.12M | 4.31% |
| 2020 | 3.23B | 334.32M | 10.32% |
| 2021 | 4.01B | 733.61M | 18.27% |
| 2022 | 4.64B | 1.03B | 22.24% |
| 2023 | 3.56B | 103.15M | 2.89% |
| 2024 | 3.76B | -70.32M | -1.87% |
0KSJ.L Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.76B | 3.56B | 4.64B | 4.01B | 3.23B | 3.09B | 2.97B | 3.03B | 2.61B | 1.71B |
Cost of revenue | 2.28B | 2.27B | 2.35B | 2.13B | 1.91B | 1.89B | 1.82B | 1.89B | 1.56B | 1.02B |
Gross profit | 1.48B | 1.29B | 2.28B | 1.88B | 1.32B | 1.19B | 1.14B | 1.13B | 1.04B | 689.30M |
Operating exp. | ||||||||||
Research and development | 682.24M | 649.84M | 623.63M | 570.39M | 484.41M | 450.48M | 445.10M | 470.83M | 448.76M | 257.49M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 420.46M | 164.65M |
Total operating expenses | 1.39B | 1.11B | 1.06B | 976.93M | 898.54M | 978.71M | 1.07B | 1.04B | 1.03B | 566.84M |
Operating income | 91.70M | 183.16M | 882.99M | 426.47M | -13.45M | 183.47M | -637.52M | 88.05M | 11.96M | 122.46M |
Other income (expenses), net | -18.14M | -58.53M | 298.08M | 380.90M | -28.12M | 619.13M | 654.66M | -60.75M | 6.41M | -1.22M |
Income before tax | 73.56M | 124.62M | 1.18B | 807.38M | 395.08M | 91.79M | 17.14M | 27.30M | -2.86M | 121.24M |
Income tax expense | 143.88M | 21.47M | 147.73M | 73.76M | 60.76M | -41.33M | 57.43M | 43.86M | 25.98M | -75.06M |
Net income | -70.32M | 103.15M | 1.03B | 733.61M | 334.32M | 133.12M | -40.28M | -16.55M | -28.84M | 196.30M |
Earnings per share | ||||||||||
Basic EPS | -0.72 | 1.01 | 9.38 | 6.43 | 2.86 | 1.07 | -0.32 | -0.13 | -0.2 | 1.32 |
Diluted EPS | -0.72 | 1 | 9.26 | 6.32 | 2.8 | 1.05 | -0.32 | -0.13 | -0.2 | 1.32 |
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