Company / Operating Margin
Qorvo Operating Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
2.6%
FY2024
5-year range
2.4% / 26.4%
FY2020-FY2024
Trend
+5.8%
vs FY2023
Sector context
#165 of 266
Information Technology
What the data says
At 2.6%, Qorvo's operating margin ranks #165 of 266 in the Information Technology sector. Operating Margin returned to growth in FY2024 after 2 years of decline, reaching 2.6%.
Based on SEC 10-K filings.
2.6% in FY2024 with a 5-year CAGR of -10.5%.
Declined from 5.1% to 2.6% over the past 2 years.
Information Technology sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -23.8pp
- 5-Year Change
- -10.5pp
- 10-Year Change
- -
Sector benchmark
#165 of 266 in Information TechnologyTop 62% of 266This company 2.6% Sector average -213.9%
▼
+101.2% above sector average
Key checks
Key Insights
- In FY2024, operating margin increased 5.8% year-over-year.
- Currently 216.4pp above the Information Technology sector average.
- Peak operating margin was recorded in FY2021.
- Lowest operating 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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 2.6% | +5.8% |
| FY2023 | 2.4% | -52.6% |
| FY2022 | 5.1% | -80.6% |
| FY2021 | 26.4% | +16.9% |
| FY2020 | 22.6% | +72.8% |
| FY2019 | 13.1% | +86.7% |
| FY2018 | 7.0% | +196.2% |
| FY2017 | 2.4% | +506.1% |
| FY2016 | 0.4% | -15.2% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026