earnings
confidence high
sentiment positive
materiality 0.85
Qorvo Q1 FY2026 revenue $818.8M, non-GAAP EPS $0.92 beat guidance; Q2 sees growth
Qorvo, Inc.
2026-Q1 EPS reported
$0.27
revenue$818,778,000
- GAAP rev $818.8M, op inc $30.1M, EPS $0.27; non-GAAP op inc $108.2M, EPS $0.92.
- Revenue and non-GAAP EPS exceeded high-end of guidance; non-GAAP gross margin 44% at high-end.
- Q2 FY2026 guidance: rev ~$1.025B (±$50M), non-GAAP gross margin 48%-50%, non-GAAP EPS $2.00 (±$0.25).
- CEO Bob Bruggeworth: 'strong quarter' with sequential growth and margin expansion expected in Q2.