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Qorvo Inc 2026年季度报告

2026-01-28 美股财报 付瑶瑶瑶瑶瑶瑶瑶瑶瑶瑶瑶瑶瑶
报告封面

FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended December27, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission File Number001-36801 Qorvo, Inc.(Exact name of registrant as specified in its charter) 46-5288992 (I.R.S. Employer Identification No.) 7628 Thorndike RoadGreensboro, North Carolina(Address of principal executive offices) 27409-9421(Zip Code) (336) 664-1233(Registrant's telephone number, including area code) Title of each classCommon Stock, $0.0001 par value Name of each exchange on which registeredThe Nasdaq Stock Market LLC Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growthcompany" in Rule 12b-2 of the Exchange Act. Accelerated filer☐Smallerreportingcompany☐Emerginggrowth company☐ Large accelerated filerNon-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No As of January21, 2026, there were 92,705,679 shares of the registrant’s common stock outstanding. QORVO, INC. AND SUBSIDIARIESTABLE OF CONTENTS PART I — FINANCIAL INFORMATION Item1. Financial Statements(Unaudited).Condensed Consolidated Balance SheetsCondensed Consolidated Statements of IncomeCondensed Consolidated Statements of Comprehensive IncomeCondensed Consolidated Statements of Stockholders' EquityCondensed Consolidated Statements of Cash FlowsNotes to Condensed Consolidated Financial Statements Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.Item 3. Quantitative and Qualitative Disclosures About Market Risk.Item 4. Controls and Procedures. PART II — OTHER INFORMATION Item 1A. Risk Factors.Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.Item 5. Other Information.Item 6. Exhibits. SIGNATURES QORVO, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF INCOME(In thousands, except per share data) Table of Contents QORVO, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1. BASIS OF PRESENTATION AND SUPPLEMENTAL DISCLOSURES The accompanying Condensed Consolidated Financial Statements of Qorvo, Inc. and Subsidiaries (together, the "Company" or"Qorvo") have been prepared in conformity with accounting principles generally accepted in the United States ("U.S. GAAP"). Thepreparation of these financial statements requires management to make estimates and assumptions, which could differ materially fromactual results. In addition, certain information or footnote disclosures normally included in financial statements prepared in accordancewith U.S. GAAP have been condensed, or omitted, pursuant to the rules and regulations of the U.S. Securities and ExchangeCommission. In the opinion of management, the financial statements include all adjustments (which are of a normal and recurringnature) necessary for the fair presentation of the results of the interim periods presented. These Condensed Consolidated FinancialStatements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included inQorvo’s Annual Report on Form 10-K for the fiscal year ended March29, 2025. The Condensed Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries. Allsignificant intercompany accounts and transactions have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform to the fiscal 2026 presentation. The Company uses a 52- or 53-week fiscal year ending on the Saturday closest to March31 of each year. Approximately every five tosix years, the Company reports a 53-week fiscal year to align