Company / Cost of Revenue
Qorvo Cost of Revenue History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$2.2B
FY2024
5-year range
$2.2B / $2.4B
FY2020-FY2024
Trend
-4.3%
vs FY2023
Sector context
#64 of 261
Information Technology
What the data says
Qorvo's cost of revenue of $2.2B is higher than 75% of companies in the Information Technology sector (FY2024). Cost of Revenue has fluctuated over the past 9 years, ranging from $1.8B in FY2017 to $2.4B in FY2021.
Based on SEC 10-K filings.
$2.2B in FY2024 with a 5-year CAGR of +2.6%. Top quartile in the Information Technology sector.
Improved from $2.3B to $2.2B over the past 2 years.
Information Technology sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -2.6%
- 5-Year CAGR
- +2.6%
- 10-Year CAGR
- -
Sector benchmark
-46.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +2.6%, indicating consistent growth.
- In FY2024, cost of revenue decreased 4.3% year-over-year.
- Ranks #64 out of 261 companies in the Information Technology sector.
- Peak cost of revenue was recorded in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.72 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $2.2B | -4.3% |
| FY2023 | $2.3B | +0.4% |
| FY2022 | $2.3B | -3.7% |
| FY2021 | $2.4B | +10.7% |
| FY2020 | $2.1B | +11.2% |
| FY2019 | $1.9B | +1.2% |
| FY2018 | $1.9B | +3.8% |
| FY2017 | $1.8B | -3.7% |
| FY2016 | $1.9B | +21.5% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026