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QORVO INC   FYE=3 (March)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date3/31/20253/31/20243/31/20233/31/20223/31/20213/31/20203/31/20193/31/20183/31/20173/31/2016
Revenues3,718.973,769.513,569.404,645.714,015.313,239.143,090.332,973.543,032.572,610.73
Total Revenues3,718.973,769.513,569.404,645.714,015.313,239.143,090.332,973.543,032.572,610.73
Cost of goods sold2,183.382,281.012,272.462,359.552,131.741,917.381,895.141,826.571,897.061,561.17
Gross Profit1,535.591,488.501,296.942,286.171,883.571,321.761,195.181,146.971,135.511,049.55
Goodwill impairment192.57221.41----------------
Research and development747.71682.25649.84623.64570.40484.41450.48445.10470.84448.76
General and Administrative171.71389.14358.79349.72367.24343.57476.07527.75545.59113.63
Marketing and selling231.91----------------420.47
Other operating expense(96.16)(103.99)(105.14)(86.75)(39.31)(70.56)(52.16)(103.83)(31.03)(54.72)
Total expenses1,440.061,396.791,113.771,060.10976.94898.55978.721,076.681,047.451,037.59
Income from operations95.5391.70183.171,226.07906.63423.22216.4770.2888.0611.97
Interest expense78.3369.2568.4663.3375.2060.3943.9659.5558.8823.32
Interest income----------12.0710.977.021.212.07
Loss on retirement of convertible subordinated notes--------------------
Other expense, net48.7051.109.9218.34(24.05)20.20(91.68)(0.61)(3.09)6.42
Income before income taxes65.9073.56124.631,181.08807.38395.0991.7917.1527.31(2.86)
Income tax expense10.28143.8821.48147.7373.7760.76(41.33)57.4343.8625.98
Net income55.62(70.32)103.151,033.35733.61--133.13(40.29)(16.56)(28.85)
Net Income (Loss) Available to Common Shareholders55.62(70.32)103.151,033.35733.61334.33133.13(40.29)(16.56)(28.85)
Earnings per share: Basic0.59(0.72)1.019.386.432.861.07(0.32)(0.13)(0.20)
Earnings per share: Diluted0.58(0.72)1.009.266.322.801.05(0.32)(0.13)(0.20)
Weighted average common shares outstanding: Basic94.5997.56102.21110.20114.03117.01124.53126.95127.12141.94
Weighted average common shares outstanding: Diluted95.4597.56103.02111.55116.02119.29127.36126.95127.12141.94