Company / Operating Income
Qorvo Operating Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$95.5M
FY2024
5-year range
$91.7M / $1.2B
FY2020-FY2024
Trend
+4.2%
vs FY2023
Sector context
#129 of 282
Information Technology
What the data says
At $96M, Qorvo's operating income ranks #129 of 282 in the Information Technology sector. Operating Income returned to growth in FY2024 after 2 years of decline, reaching $96M.
Based on SEC 10-K filings.
$96M in FY2024 with a 5-year CAGR of -25.7%.
Declined from $183M to $96M over the past 2 years.
Information Technology sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -57.3%
- 5-Year CAGR
- -25.7%
- 10-Year CAGR
- -
Sector benchmark
#129 of 282 in Information TechnologyTop 46% of 282This company $95.5M Sector average $1.6B
▼
-93.9% below sector average
Key checks
Key Insights
- 5-year CAGR of -25.7%, indicating a declining trend.
- In FY2024, operating income increased 4.2% year-over-year.
- Ranks #129 out of 282 companies in the Information Technology sector.
- Peak operating income 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $95.5M | +4.2% |
| FY2023 | $91.7M | -49.9% |
| FY2022 | $183.2M | -85.1% |
| FY2021 | $1.2B | +35.2% |
| FY2020 | $906.6M | +114.2% |
| FY2019 | $423.2M | +95.5% |
| FY2018 | $216.5M | +208.0% |
| FY2017 | $70.3M | +487.2% |
| FY2016 | $12.0M | +0.0% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026