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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q1 FY272026-06-27 | Q4 FY262026-03-28 | Q3 FY262025-12-27 | Q2 FY262025-09-27 | Q1 FY262025-06-28 | Q4 FY252025-03-29 | Q3 FY252024-12-28 | Q2 FY252024-09-28 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $784.80M | $808.28M | $992.96M | $1.06B | $818.78M | $869.47M | $916.32M | $1.05B |
| Cost of revenue | $383.83M | $500.77M | $528.77M | $561.42M | $486.98M | $599.07M | $524.90M | $601.20M |
| Gross profit | $400.97M | $307.51M | $464.19M | $497.09M | $331.80M | $270.40M | $391.42M | $445.31M |
| Gross margin | 51.1% | 38.0% | 46.7% | 47.0% | 40.5% | 31.1% | 42.7% | 42.6% |
| Research and development | $172.43M | $170.39M | $178.07M | $198.42M | $179.24M | $179.93M | $179.13M | $201.05M |
| Selling, general and administrative | $90.13M | $84.03M | $81.43M | $107.32M | $107.89M | $90.58M | $90.36M | $107.76M |
| Operating expenses | $304.20M | $275.99M | $272.05M | $339.41M | $301.72M | $242.18M | $338.39M | $435.63M |
| Operating income | $96.77M | $31.51M | $192.14M | $157.68M | $30.09M | $28.22M | $53.03M | $9.68M |
| Operating margin | 12.3% | 3.9% | 19.4% | 14.9% | 3.7% | 3.2% | 5.8% | 0.9% |
| EBITDA | $146.91M | $176.59M | $257.66M | $224.39M | $97.55M | $178.50M | $126.85M | $198.82M |
| Interest expense | −$15.85M | −$17.84M | −$18.02M | −$18.48M | −$18.79M | −$19.99M | −$18.66M | −$22.59M |
| Income before taxes | $100.53M | $21.69M | $189.80M | $155.10M | $31.69M | $15.22M | $48.90M | $2.50M |
| Income taxes | $14.72M | −$8.04M | $25.74M | $35.49M | $6.09M | −$16.14M | $7.63M | $19.94M |
| Net income | $85.80M | $29.73M | $164.06M | $119.60M | $25.59M | $31.37M | $41.27M | −$17.44M |
| Net margin | 10.9% | 3.7% | 16.5% | 11.3% | 3.1% | 3.6% | 4.5% | -1.7% |
| EPS, basic | $0.97 | $0.32 | $1.77 | $1.29 | $0.28 | $0.33 | $0.44 | −$0.18 |
| EPS, diluted | $0.96 | $0.32 | $1.75 | $1.28 | $0.27 | $0.33 | $0.43 | −$0.18 |
| Diluted shares | 89.36M | 93.06M | 93.57M | 93.79M | 93.77M | 95.37M | 95.03M | 94.89M |
Figures describe Qorvo shares, not any token. As of Jul 28, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.