Qorvo Inc (QRVO)
Net profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 55,615 | -70,322 | 103,152 | 1,033,350 | 733,611 |
| Revenue | US$ in thousands | 3,718,970 | 3,769,510 | 3,569,400 | 4,645,710 | 4,015,310 |
| Net profit margin | 1.50% | -1.87% | 2.89% | 22.24% | 18.27% |
March 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $55,615K ÷ $3,718,970K
= 1.50%
Qorvo Inc's net profit margin has shown variability over the last five years. The margin increased from 18.27% on March 31, 2021, to 22.24% on March 31, 2022, indicating improved profitability during that period. However, there was a significant decline in the margin to 2.89% on March 31, 2023, followed by a negative margin of -1.87% on March 31, 2024. This suggests challenges in generating profits relative to total revenue. In the most recent period, the net profit margin recovered slightly to 1.50% on March 31, 2025, but it remains relatively low compared to previous years. Overall, Qorvo Inc's net profit margin has been fluctuating, indicating potential shifts in operational efficiency and profitability.
Peer comparison
Mar 31, 2025