Company / Gross Margin
Qorvo Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
41.3%
FY2024
5-year range
36.3% / 49.2%
FY2020-FY2024
Trend
+4.6%
vs FY2023
Sector context
#145 of 209
Information Technology
What the data says
At 41.3%, Qorvo's gross margin ranks #145 of 209 in the Information Technology sector. Improved from 36.3% to 41.3% over the past 2 years.
Based on SEC 10-K filings.
41.3% in FY2024 with a 5-year CAGR of +0.5%.
Improved from 36.3% to 41.3% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -7.9pp
- 5-Year Change
- +0.5pp
- 10-Year Change
- -
Sector benchmark
#145 of 209 in Information TechnologyTop 69% of 209This company 41.3% Sector average 53.5%
▼
-22.8% below sector average
Key checks
Key Insights
- In FY2024, gross margin increased 4.6% year-over-year.
- Currently 12.2pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2021.
- Lowest gross margin in the period was in FY2016.
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 | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 41.3% | +4.6% |
| FY2023 | 39.5% | +8.7% |
| FY2022 | 36.3% | -26.2% |
| FY2021 | 49.2% | +4.9% |
| FY2020 | 46.9% | +15.0% |
| FY2019 | 40.8% | +5.5% |
| FY2018 | 38.7% | +0.3% |
| FY2017 | 38.6% | +406.2% |
| FY2016 | 7.6% | -81.0% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026