Company / Gross Profit
Qorvo Gross Profit History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$1.5B
FY2024
5-year range
$1.3B / $2.3B
FY2020-FY2024
Trend
+3.2%
vs FY2023
Sector context
#68 of 222
Information Technology
What the data says
At $1.5B, Qorvo's gross profit ranks #68 of 222 in the Information Technology sector. Improved from $1.3B to $1.5B over the past 2 years.
Based on SEC 10-K filings.
$1.5B in FY2024 with a 5-year CAGR of +3.0%.
Improved from $1.3B to $1.5B over the past 2 years.
Information Technology sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -12.4%
- 5-Year CAGR
- +3.0%
- 10-Year CAGR
- -
Sector benchmark
#68 of 222 in Information TechnologyTop 31% of 222This company $1.5B Sector average $4.2B
▼
-63.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +3.0%, indicating consistent growth.
- In FY2024, gross profit increased 3.2% year-over-year.
- Ranks #68 out of 222 companies in the Information Technology sector.
- Peak gross profit 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 | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $1.5B | +3.2% |
| FY2023 | $1.5B | +14.8% |
| FY2022 | $1.3B | -43.3% |
| FY2021 | $2.3B | +21.4% |
| FY2020 | $1.9B | +42.5% |
| FY2019 | $1.3B | +10.6% |
| FY2018 | $1.2B | +4.2% |
| FY2017 | $1.1B | +396.5% |
| FY2016 | $231.0M | -78.0% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026