Qorvo Q3 beats; revenue $993M, non-GAAP EPS $2.17; guides Mar Q ~$800M

Qorvo, Inc.

2026-Q3 EPS reported $3.30 revenue$2,870,240,000

GAAP revenue $993M, diluted EPS $1.75; non-GAAP gross margin 49.1%, non-GAAP EPS $2.17.
March 2026 quarter outlook: revenue ~$800M (+/- $25M), non-GAAP gross margin 48%-49%, non-GAAP EPS ~$1.20.
Non-GAAP gross margin improved ~260 bps YoY; each operating segment grew revenue YoY.
Strength in automotive, Wi-Fi, base station, and power management; largest customer drove December quarter.
CFO says Q3 revenue, non-GAAP gross margin, and non-GAAP EPS all compared favorably to guidance.

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