Company / Profit Margin
Qorvo Profit Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
1.5%
FY2024
5-year range
-1.9% / 22.2%
FY2020-FY2024
Trend
+180.2%
vs FY2023
Sector context
#175 of 275
Information Technology
What the data says
At 1.5%, Qorvo's profit margin ranks #175 of 275 in the Information Technology sector. Profit Margin returned to growth in FY2024 after 2 years of decline, reaching 1.5%.
Based on SEC 10-K filings.
1.5% in FY2024 with a 5-year CAGR of -8.8%.
Declined from 2.9% to 1.5% over the past 2 years.
Information Technology sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -20.7pp
- 5-Year Change
- -8.8pp
- 10-Year Change
- -
Sector benchmark
#175 of 275 in Information TechnologyTop 64% of 275This company 1.5% Sector average -242.8%
▼
+100.6% above sector average
Key checks
Key Insights
- In FY2024, profit margin increased 180.2% year-over-year.
- Currently 244.3pp above the Information Technology sector average.
- Peak profit margin was recorded in FY2021.
- Lowest profit margin in the period was in FY2023.
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 | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 1.5% | +180.2% |
| FY2023 | -1.9% | -164.7% |
| FY2022 | 2.9% | -87.0% |
| FY2021 | 22.2% | +21.7% |
| FY2020 | 18.3% | +77.0% |
| FY2019 | 10.3% | +139.4% |
| FY2018 | 4.3% | +419.3% |
| FY2017 | -1.4% | -264.9% |
| FY2016 | -0.4% | +66.4% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026