Company / Free Cash Flow
Qorvo Free Cash Flow History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$484.6M
FY2024
5-year range
$484.6M / $835.8M
FY2020-FY2024
Trend
-31.4%
vs FY2023
Sector context
#85 of 275
Information Technology
What the data says
At $485M, Qorvo's free cash flow ranks #85 of 275 in the Information Technology sector. Free Cash Flow has fluctuated over the past 9 years, ranging from $372M in FY2016 to $1.1B in FY2020.
Based on SEC 10-K filings.
$485M in FY2024 with a 5-year CAGR of -9.1%.
Declined from $684M to $485M over the past 2 years.
Information Technology sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -16.6%
- 5-Year CAGR
- -9.1%
- 10-Year CAGR
- -
Sector benchmark
#85 of 275 in Information TechnologyTop 31% of 275This company $484.6M Sector average $1.5B
▼
-66.7% below sector average
Key checks
Key Insights
- 5-year CAGR of -9.1%, indicating a declining trend.
- In FY2024, free cash flow decreased 31.4% year-over-year.
- Ranks #85 out of 275 companies in the Information Technology sector.
- Peak free cash flow was recorded in FY2020.
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 | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $484.6M | -31.4% |
| FY2023 | $706.0M | +3.2% |
| FY2022 | $684.3M | -18.1% |
| FY2021 | $835.8M | -25.0% |
| FY2020 | $1.1B | +42.7% |
| FY2019 | $781.5M | +32.6% |
| FY2018 | $589.4M | +1.2% |
| FY2017 | $582.7M | +56.5% |
| FY2016 | $372.3M | +0.0% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026