Qorvo reports fiscal 2027 first-quarter results
Qorvo released GAAP and non-GAAP results for the quarter ended June 27, 2026.
Evidence notes
- GAAP revenue was $784.8 million, operating income was $96.8 million and net income was $85.8 million, with a 51.1% gross margin.
- Segment revenue was $206.3 million for High Performance Analog, $101.9 million for Connectivity and Sensors, and $476.6 million for Advanced Cellular.
- Because of the pending Skyworks transaction, Qorvo discontinued conference calls and forward-looking guidance, while reporting that the deal remained pending.
Company context
Qorvo develops and manufactures radio-frequency, analog, mixed-signal, power-management, motor-control, connectivity and sensing semiconductors for mobile, industrial, automotive, defense and aerospace systems.