earnings
confidence high
sentiment positive
materiality 0.75
Qorvo Q2 FY2026 non-GAAP EPS $2.22 beats guidance; revenue $1.1B
Qorvo, Inc.
2026-Q2 EPS reported
$1.55
revenue$1,877,281,000
- GAAP revenue $1.1B, GAAP diluted EPS $1.28; non-GAAP diluted EPS $2.22, non-GAAP gross margin 49.7% (up 270 bps YoY).
- CFO states Q2 revenue, non-GAAP gross margin, and non-GAAP EPS exceeded guidance midpoint.
- CEO notes ACG supported largest customer's smartphone ramp; HPA grew D&A and infrastructure; CSG consolidated for profitability.
- December quarter outlook: revenue ~$985M ± $50M, non-GAAP gross margin 47%-49%, non-GAAP EPS $1.85 ± $0.20.