Highest-materiality recent filing
Qorvo shareholders elect 10 directors, approve say-on-pay, reject shareholder proposal
All 10 director nominees elected; Roderick D. Nelson got lowest support (58.7M for, 7.68M against).
Qorvo Q1 FY2027: Revenue $784.8M, Non-GAAP EPS $1.64 (+78% YoY)
GAAP revenue $784.8M, gross margin 51.1%, diluted EPS $0.96.
Qorvo receives noteholder consents to amend senior notes in connection with Skyworks merger
Received requisite consents to adopt amendments eliminating restrictive covenants on 4.375% 2029 and 3.375% 2031 notes.
Qorvo grants FY2027 PBRSUs and retention award; clarifies treatment in Skyworks merger
PBRSUs based on non-GAAP operating income (50% weight), gross margin (25%), and revenue (25%) over FY2027-2029.
Qorvo Q4 FY2026 revenue $808M, non-GAAP EPS $1.69; margins expand 670bps YoY
GAAP revenue $808.3M, gross margin 48.9%, GAAP diluted EPS $0.32.
Qorvo stockholders approve merger with Skyworks Solutions; deal pending regulatory clearances
Merger approved: 71,278,908 For, 137,926 Against, 255,131 Abstain (77.35% quorum).
Qorvo and Skyworks receive FTC Second Request for merger review; HSR waiting period extended
On Feb 5, 2026, Qorvo and Skyworks each received a Second Request from the FTC regarding their proposed merger.
Two shareholder lawsuits filed Jan 20-21, 2026 in NY Supreme Court challenging the Skyworks-Qorvo merger.
Qorvo Q3 beats; revenue $993M, non-GAAP EPS $2.17; guides Mar Q ~$800M
GAAP revenue $993M, diluted EPS $1.75; non-GAAP gross margin 49.1%, non-GAAP EPS $2.17.
Qorvo awards CFO $986k retention bonus tied to Skyworks merger closing
Retention bonus of $986,226 for CFO Grant A. Brown; 60% payable at merger closing, 40% six months after.
Qorvo Q2 FY2026 non-GAAP EPS $2.22 beats guidance; revenue $1.1B
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).
Qorvo and Skyworks to merge in ~$22B deal; Qorvo preliminary Q2 revenue $1.06B beats guidance
Definitive agreement to combine with Skyworks (SWKS) in cash-and-stock transaction valued at ~$22B enterprise value.
Skyworks to acquire Qorvo for 0.960 SWKS shares + $32.50 cash per share
Each Qorvo share converts into 0.960 Skyworks shares plus $32.50 cash; Qorvo holders will own ~37% of combined company.
Qorvo reports election of director Peter A. Feld and Audit Committee appointment
Stockholders elected Peter A. Feld at the August 13, 2025 annual meeting for a one-year term.
Qorvo shareholders approve stock plan increases, re-elect directors at annual meeting
Approved Amended 2022 Stock Incentive Plan, increasing reserved shares by 3,240,000.
Qorvo increases severance multiples to 1.5x for most NEOs, adopts new Executive Severance Plan
Amended change-in-control agreements: cash severance multiple increased from 1x to 1.5x for most NEOs (CFO Grant Brown's multiple unchanged).
Qorvo Q1 FY2026 revenue $818.8M, non-GAAP EPS $0.92 beat guidance; Q2 sees growth
GAAP rev $818.8M, op inc $30.1M, EPS $0.27; non-GAAP op inc $108.2M, EPS $0.92.
Qorvo grants FY2026 PBRSUs to named executives; CEO gets 61,974 target shares
Comp Committee approved FY2026 PBRSUs for CEO Robert Bruggeworth (61,974 target shares) and other NEOs.
Qorvo amends bylaws to permit special meetings called by 25%+ stockholders
Board adopted Third Amended and Restated Bylaws effective May 16, 2025.
Qorvo nominates Starboard's Peter Feld to board, increases size to 10
Board increases size to 10, nominates activist investor Peter Feld for 2025 annual meeting.
Qorvo appoints Clemmer to Compensation Committee, Koopmans to Audit Committee
Richard L. Clemmer appointed to the Compensation Committee, effective May 9, 2025.
Qorvo Q4 FY2025 revenue $869.5M, non-GAAP EPS $1.42; guides June qtr rev ~$775M, EPS $0.50-$0.75
GAAP diluted EPS $0.33 on revenue $869.5M; non-GAAP diluted EPS $1.42, gross margin 45.9%.
Richard L. Clemmer and Christopher R. Koopmans appointed to Board effective April 12, 2025.
Qorvo beats FQ3 guidance; revenue $916M, non-GAAP EPS $1.61; guides FQ4 rev ~$850M
GAAP revenue $916.3M, GAAP diluted EPS $0.43; non-GAAP diluted EPS $1.61, exceeding midpoint of guidance.
Director David H.Y. Ho to retire from Qorvo Board at 2025 Annual Meeting
David H.Y. Ho informed Qorvo on January 3, 2025 that he will not stand for reelection and will retire when his term expires at the 2025 Annual Meeting.
Qorvo enters definitive agreement to divest silicon carbide business
Transaction expected to close during the March quarter; immediately accretive.
Qorvo appoints Lumentum CEO Alan Lowe to Board, effective Nov 11, 2024
Alan S. Lowe elected to Qorvo Board effective Nov 11, 2024, and joins Audit Committee.
Qorvo Q2 rev $1.047B, non-GAAP EPS $1.88; Dec Q guidance ~$900M rev, full-year slightly down
GAAP revenue $1.047B, GAAP loss per share $0.18; non-GAAP diluted EPS $1.88, gross margin 47%.
Qorvo annual meeting: all director nominees elected; say-on-pay and auditor ratified
Seven directors elected with majority votes; Roderick D. Nelson received 63.1M for vs 8.2M against.
Qorvo fiscal Q1 revenue $887M (+36% YoY); guides Sep Q revenue ~$1.025B, non-GAAP EPS $1.75-$1.95
GAAP revenue $887M (+36% YoY); non-GAAP diluted EPS $0.87; GAAP EPS $0.00.
Qorvo holds 2024 Investor Day; presentation materials furnished without specific financial details
Senior leadership presented at the 2024 Investor Day conference on June 11, 2024.
Qorvo wins $38.5M verdict against Akoustis in trade-secret, patent case
Jury found Akoustis willfully misappropriated Qorvo BAW filter trade secrets and infringed patents; $31.5M compensatory, $7M punitive damages awarded.
Qorvo reports Q4 FY2024 revenue $941M, up 49% YoY; non-GAAP EPS $1.39; guides June qtr rev ~$850M
GAAP revenue $941M (+49% YoY); GAAP EPS $0.03; non-GAAP diluted EPS $1.39.
Qorvo enters $325M senior revolving credit facility, maturing 2029
Five-year $325M unsecured revolving credit facility with Bank of America as agent; replaces 2020 facility.
Qorvo beats Q3 fiscal 2024 guidance; revenue $1.074B up 44% YoY, non-GAAP EPS $2.10
GAAP operating loss of $42M and loss per share $1.31; non-GAAP operating income $237M, diluted EPS $2.10.
Qorvo to acquire Anokiwave for undisclosed terms; expected close in March quarter
Definitive agreement to acquire Anokiwave, a supplier of silicon ICs for active array antennas in D&A, SATCOM, and 5G.
Qorvo sells Beijing and Dezhou assembly/test facilities to Luxshare; close expected H1 2024
Luxshare to acquire Qorvo's assembly and test facilities in Beijing and Dezhou, China (terms undisclosed).
Qorvo completes exchange of $500M 1.750% Senior Notes due 2024
Completed exchange of up to $500M aggregate principal of 1.750% Senior Notes due 2024 for registered notes with identical terms.
Chairman Ralph Quinsey to retire; Dr. Walden Rhines named new Chair
Ralph Quinsey stepped down as Chair and Lead Independent Director effective Nov 13, 2023, and will not stand for reelection at the 2024 annual meeting.
Qorvo Q2 FY2024 revenue $1.103B (+70% seq); non-GAAP EPS $2.39 beats; guides Dec Q revenue ~$1B
Revenue $1.103B, up 70% sequentially, exceeded guidance midpoint by $103M; GAAP EPS $0.99, non-GAAP EPS $2.39.
Qorvo board member Jeffery R. Gardner passes away unexpectedly
Jeffery R. Gardner died on August 27, 2023; he had served on Qorvo's board since January 2015.
Qorvo annual meeting results: all proposals approved by stockholders
Nine directors elected; votes ranged from 60.2M for (Quinsey) to 76.0M for (Harding).
Revenue $651M, GAAP gross margin 35.2%, operating loss $48M, loss per share $0.44.
Qorvo amends credit agreement to temporarily increase max leverage ratio
Second Amendment temporarily raises max leverage ratio to 4.00x (Q2-Q3 FY24) then 3.50x (Q4 FY24-Q1 FY25), then back to 3.00x.
Qorvo grants performance-based RSUs to executives; CEO eligible for up to 101,590 shares
Grant date May 15, 2023; fair value $93.02 per share (closing price on Nasdaq).
GAAP revenue $633M, gross margin 18.1%, operating loss $189M, EPS -$1.39; non-GAAP EPS $0.26.
Qorvo reports Q3 fiscal 2023 revenue $743M, GAAP loss $0.16/share; Q4 guidance weak
Revenue $743M; GAAP gross margin 36.1%, operating income $9M, loss per share $0.16.
Qorvo amends bylaws to update director nomination procedures and conform to Delaware law
Board adopted second amended and restated bylaws on Nov 9, 2022.
Q2 FY2023 revenue $1.158B, GAAP EPS $1.82, non-GAAP EPS $2.66; revenue down 7.7% YoY, non-GAAP EPS down 22%.
Qorvo names Grant Brown CFO; base salary $550K, RSU award $1M
Grant Brown appointed CFO effective Aug 29, 2022; previously interim CFO since Apr 18, 2022.
include Peter Feld as one of the Company’s director nominees in the Company’s proxy statement for the Company’s 2025 annual meeting of stockholders
David H. Y. Ho, a member of the Board, notified the Company of his decision to resign from the Board.
the Board increased the size of the Board to 9 members and appointed Richard L. Clemmer and Chris Koopmans to the Board, effective immediately.
the Board increased the size of the Board to 9 members and appointed Richard L. Clemmer and Chris Koopmans to the Board, effective immediately.
On January 3, 2025, David H.Y. Ho, a member of the Board of Directors (the “Board”) of Qorvo, Inc. (the “Company”) informed the Company of his decision not to stand for reelection and to retire from the Board upon the expiration of his term at the Company’s 2025 Annual Meeting of Stockholders.
On November 11, 2024, the Board of Directors (the “Board”) of Qorvo, Inc. (the “Company”) elected Mr. Alan S. Lowe to the Board, effective immediately.
Mr. Quinsey also informed the Board that he would step down as Chair and Lead Independent Director as of November 13.
Ralph G. Quinsey, Chairman of the Board of Directors ("the Board") of Qorvo, Inc. (the "Company") informed the Company of his decision not to stand for reelection and to retire from the Board upon the expiration of his term at the Company's 2024 Annual Meeting of Stockholders.
The Board has named Dr. Walden C. Rhines as the new Chair of the Board and Lead Independent Director.
On August 26, 2022, the Board of Directors (the “Board”) of Qorvo, Inc. (the “Company”) appointed Grant A. Brown as Chief Financial Officer of the Company, effective August 29, 2022.
The Company’s Board of Directors appointed Grant A. Brown, the Company’s Vice President of Treasury, to serve as the Company’s interim Chief Financial Officer effective April 18, 2022.
On April 1, 2022, Mark J. Murphy provided notice of his decision to resign as Chief Financial Officer of Qorvo, Inc. (the “Company”), effective April 18, 2022.
Max materiality 1.00 · Median 0.65 · Most common event earnings