Qorvo Inc (QRVO)

Net profit margin

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Net income (ttm) US$ in thousands 55,615 26,985 -141,224 -26,328 -70,322 -211,473 -100,466 -9,312 103,152 453,843 686,037 816,611 1,033,353 1,119,815 1,104,587 922,315 733,611 485,264 445,585 391,706
Revenue (ttm) US$ in thousands 3,718,972 3,790,486 3,948,029 4,005,009 3,769,502 3,461,217 3,130,638 3,185,208 3,569,404 4,102,861 4,473,540 4,570,730 4,645,720 4,552,290 4,533,160 4,338,200 4,015,301 3,730,343 3,504,586 3,250,994
Net profit margin 1.50% 0.71% -3.58% -0.66% -1.87% -6.11% -3.21% -0.29% 2.89% 11.06% 15.34% 17.87% 22.24% 24.60% 24.37% 21.26% 18.27% 13.01% 12.71% 12.05%

March 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $55,615K ÷ $3,718,972K
= 1.50%

The net profit margin of Qorvo Inc has displayed fluctuations over the recent fiscal periods. Starting at 12.05% as of June 30, 2020, the margin increased gradually, reaching its peak at 24.60% by December 31, 2021. However, the net profit margin began to decline from March 31, 2022, dropping to 1.50% as of March 31, 2025. Despite the variability, it is evident that the company experienced a significant dip in profitability towards the end of the period analyzed, with negative margins reported in several quarters. This trend suggests a potential concern regarding the company's ability to maintain profitability levels and may require further investigation into the underlying factors impacting its financial performance.