---
schema_version: "secwatch.filing_event.v1"
accession: "0001604778-23-000039"
form_type: "8-K"
ticker: "QRVO"
cik: "0001604778"
company_name: "Qorvo, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:05:59.992840+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Qorvo reports Q4 FY2023 revenue $633M, GAAP loss $1.39/sh, non-GAAP EPS $0.26; guides June Q revenue $620-660M

## Summary
- GAAP revenue $633M, gross margin 18.1%, operating loss $189M, EPS -$1.39; non-GAAP EPS $0.26.
- June quarter guidance: revenue $620-660M, non-GAAP gross margin ~41.5%, non-GAAP EPS ~$0.15.
- Android channel inventory reduced ~25% in fiscal Q4; expects return to historical norms by calendar year-end.
- Secured first Wi-Fi 7 BAW filter design wins; shipped new RFFE architecture for 2024 Android smartphone.

## SEC filing metadata
- accession: 0001604778-23-000039
- form_type: 8-K
- ticker: QRVO
- cik: 0001604778
- company_name: Qorvo, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000039/0001604778-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000039/rfmd-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604778-23-000039
- JSON: https://secwatch.observer/filing/0001604778-23-000039.json
- Plain text: https://secwatch.observer/filing/0001604778-23-000039.txt

## Key facts
- Earnings Releases
  Qorvo, Inc. reported the fiscal 2023 fourth quarter ended April 1, 2023 results: revenue $633 million, net income operating loss was $189 million and loss per share was $1.39, EPS (loss per share) was $1.39.
  - Period: the fiscal 2023 fourth quarter ended April 1, 2023
  - Revenue: $633 million
  - Net income: operating loss was $189 million and loss per share was $1.39
  - EPS: (loss per share) was $1.39
  - Result: reported results
  source text: On a GAAP basis, revenue for Qorvo’s fiscal 2023 fourth quarter was $633 million, gross margin was 18.1%, operating loss was $189 million and loss per share was $1.39.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000039/0001604778-23-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.