Company / Income Tax
Qorvo Income Tax History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$10.3M
FY2024
5-year range
$10.3M / $147.7M
FY2020-FY2024
Trend
-92.9%
vs FY2023
Sector context
#174 of 287
Information Technology
What the data says
At $10M, Qorvo's income tax ranks #114 of 287 in the Information Technology sector. Income Tax has fluctuated over the past 9 years, ranging from -$41M in FY2018 to $148M in FY2021.
Based on SEC 10-K filings.
$10M in FY2024 with a 5-year CAGR of -29.9%.
Improved from $21M to $10M over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -58.9%
- 5-Year CAGR
- -29.9%
- 10-Year CAGR
- -
Sector benchmark
#114 of 287 in Information TechnologyTop 39% of 287This company $10.3M Sector average $284.0M
▼
-96.4% below sector average
Key checks
Key Insights
- 5-year CAGR of -29.9%, indicating a declining trend.
- In FY2024, income tax decreased 92.9% year-over-year.
- Ranks #174 out of 287 companies in the Information Technology sector.
- Peak income tax 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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $10.3M | -92.9% |
| FY2023 | $143.9M | +569.9% |
| FY2022 | $21.5M | -85.5% |
| FY2021 | $147.7M | +100.3% |
| FY2020 | $73.8M | +21.4% |
| FY2019 | $60.8M | +247.0% |
| FY2018 | -$41.3M | -172.0% |
| FY2017 | $57.4M | +121.0% |
| FY2016 | $26.0M | +0.0% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026