Qorvo Inc (QRVO)

Gross profit margin

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Gross profit	US$ in thousands	1,535,590	1,509,680	1,343,550	2,286,170	1,883,570
Revenue	US$ in thousands	3,718,970	3,769,510	3,569,400	4,645,710	4,015,310
Gross profit margin		41.29%	40.05%	37.64%	49.21%	46.91%

March 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,535,590K ÷ $3,718,970K
= 41.29%

The gross profit margin of Qorvo Inc has shown fluctuations over the years as per the provided data. From March 31, 2021, to March 31, 2022, there was an increase in the gross profit margin from 46.91% to 49.21%, indicating an improvement in the company's ability to generate profit from sales after accounting for the cost of goods sold.

However, in the following years, there was a downward trend in the gross profit margin. By March 31, 2023, the gross profit margin decreased to 37.64%, showing a decline in profitability. This decline continued into the next fiscal year, with the gross profit margin falling to 40.05% by March 31, 2024.

In the most recent data available, as of March 31, 2025, the gross profit margin slightly increased to 41.29%. Although the margin has improved compared to the previous year, it is still below the levels seen in the initial years analyzed.

Overall, the fluctuation in Qorvo Inc's gross profit margin suggests varying efficiency in managing production costs and pricing strategies over the years. The company may need to focus on cost control measures and revenue optimization to improve its profitability in the future.