Qorvo, Inc. (QRVO)财务
NASDAQ · Technology · Semiconductors · 员工5,200人 · CEO Robert A. Bruggeworth
- 股价
- $114.17 0.00%
- 市值
- $101亿
- 企业价值
- $103亿
- 最近财报
- Q1 '27 2026-07-28提交
营收(TTM)$36.4亿-0.2% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)13.1%+9.8 百分点 对比去年同期营业利润 $4.78亿
净利润(TTM)$3.99亿+394.1% 对比去年同期税后,含营业外收益
自由现金流(TTM)$6.5亿+10.6% 对比去年同期资本支出 $1.16亿
稀释EPS(TTM)$4.31+407.1% 对比去年同期最近4个季度之和
净现金-$2.2亿+42.6% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $101亿 EV $103亿
- 营收
- $36.4亿 过去12个月
- 营收增速
- -4% FY2027年一致预期
- 净利润率
- 11.0% 净利润 / 营收,TTM
- P/E
- 26.2× 预期 14.9×(FY2027)
- P/S
- 2.8× 股价 / 营收,TTM
- EV / EBITDA
- 13.2× TTM
- 自由现金流
- $6.5亿 过去12个月
- 净利润
- $3.99亿 过去12个月
- 营收预期
- $35.3亿 FY2027年一致预期
- 盈利
- –
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-07-28):营收超预期5.6%,EPS 超预期47.7%营收$7.85亿,预期$7.43亿(+5.6%);EPS $1.64,预期$1.11(+47.7%)。
- 营收增长放缓:同比-4.2%Q1 '27营收$7.85亿,此前四个季度的平均值为-1.3%。
- 营业利润率13.1%(TTM),较去年同期+9.8 百分点营收增长-0.2%,营业利润增长295.1%。
- 资本支出占营收的3.2%(去年为3.7%)最近4个季度投入$1.16亿(同比-15.5%)。自由现金流$6.5亿,相当于净利润的162.7%。
- 股东回报$4.83亿 = 自由现金流的74.3%回购$4.83亿(去年为$2.81亿),股息$0,股权激励$1.28亿(TTM)。
- 稀释股数一年内减少4.7%Q1 '27稀释股数8940万,一年前为9380万。
- 净债务 $2.2亿现金 + 短期投资 $13.3亿,含租赁债务 $15.5亿;一年前净债务 $3.84亿。
上一季度:Q1 '27
截至2026-06-27的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q1 '27 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $7.85亿 | $8.19亿 | -4.2% |
| 毛利率 | 51.1% | 40.5% | +10.6 百分点 |
| 营业利润 | $9680万 | $3010万 | +221.6% |
| 营业利润率 | 12.3% | 3.7% | +8.7 百分点 |
| 净利润 | $8580万 | $2560万 | +235.2% |
| 稀释EPS | $0.96 | $0.27 | +255.6% |
| 经营现金流 | $1.39亿 | $1.83亿 | -23.8% |
| 资本支出 | $2410万 | $3750万 | -35.7% |
| 自由现金流 | $1.15亿 | $1.45亿 | -20.7% |
| R&D | $1.72亿 | $1.79亿 | -3.8% |
| 股权激励费用 | $3440万 | $4250万 | -19.0% |
实际 vs 一致预期
2026-07-28| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $7.85亿 | $7.43亿 | +5.6% |
| EPS(一致预期口径) | $1.64 | $1.11 | +47.7% |
来自2026-07-28发布的Q1 '27财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| ACG | $4.77亿 | -16.6% | 60.7% | $24.6亿 | -3.2% | |
| HPA | $2.06亿 | +50.2% | 26.3% | $7.75亿 | +20.1% | |
| CSG | $1.02亿 | -7.5% | 13.0% | $4.13亿 | -11.6% |
按地区划分的营收
占总额比例| 分部 | Q1 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $5.09亿 | +19.7% | 64.9% | $24亿 | +8.8% | |
| CHINA | $7700万 | -50.6% | 9.8% | $3.96亿 | -31.7% | |
| Other Asia | $8120万 | -33.6% | 10.3% | $3.91亿 | -10.1% | |
| Taiwan, Province Of China | $9250万 | -4.5% | 11.8% | $3.53亿 | +2.3% | |
| Europe | $2500万 | +35.7% | 3.2% | $1.05亿 | +21.8% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q1 '27分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| HPA | – | – | $7000万 | +224.2% | – | – | $2.38亿 |
| CSG | – | – | $299万 | +139.7% | – | – | -$3170万 |
| ACG | – | – | $1.09亿 | +10.8% | – | – | $6.78亿 |
| Corporate (unallocated) | – | – | – | – | – | – | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $7.65亿
- 资本支出
- -$1.16亿
- 股票回购
- -$4.83亿
- 股息
- $0
- 收购
- $0
- 债务净发行
- $0
- 股权激励费用
- $1.28亿
- 自由现金流
- $6.5亿
- 股东回报 / FCF
- 74.3%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 26.2× | 64.0× 5年中的4年 | 13.0× – 121.2× |
| EV / EBITDA | 13.2× | 16.8× | 9.1× – 26.2× |
| EV / 营收 | 2.8× | 2.7× | 2.0× – 3.3× |
| 股价 / FCF | 15.5× | 14.4× | 10.5× – 16.2× |
| 股价 / 净资产 | 2.9× | 2.6× | 2.0× – 3.1× |
| FCF收益率 | 6.4% | 7.1% | 6.2% – 9.5% |
| 投入资本回报率 | 7.8% | 5.0% | -1.5% – 15.7% |
| 净资产收益率 | 11.4% | 7.0% | -2.0% – 22.7% |
分析师
一致目标价 $108.00 (-5.4%)
区间 $96.00 – $120.00 · 评级 Hold
强烈买入0
买入12
持有28
卖出2
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $35.3亿 | -4.1% | $7.65 | +111.3% | 14.9× | 8 |
| FY2028 | $36.7亿 | +4.2% | $8.03 | +5.0% | 14.2× | 5 |
| FY2029 | $38.8亿 | +5.7% | $9.03 | +12.4% | 12.6× | 3 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Qorvo, Inc.在近期10-Q / 10-K文件中标记的全部245项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| – | – | – | -$34万 | -$67.2万 | +49.4% | |
| – | – | – | -0.1% | -1.0% | +90.0% | |
| – | – | – | $449万 | $485万 | -7.5% | |
| – | – | – | 1.1% | 7.4% | -85.1% | |
| – | – | – | $7140万 | $7010万 | +1.8% | |
| – | – | – | 17.9% | 106.4% | -83.2% | |
| – | – | – | $1370万 | $807万 | +69.4% | |
| – | – | – | $109万 | $44.4万 | +145.3% | |
| Accounts Payable, Current | $2.43亿 | $2.61亿 | -6.8% | $2.43亿 | $2.61亿 | -6.8% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $3.83亿 | $3.87亿 | -1.1% | $3.83亿 | $3.87亿 | -1.1% |
| Accounts Receivable, Allowance for Credit Loss, Current | $29.7万2025-12-27 | $31.3万 | -5.1% | $30.9万2025-03-29 | $31.3万 | -1.3% |
| Accrued Liabilities, Current | $2.48亿 | $2.88亿 | -13.8% | $2.48亿 | $2.88亿 | -13.8% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $17.8亿 | $18.5亿 | -3.5% | $17.8亿 | $18.5亿 | -3.5% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $406万 | -$501万 | +181.0% | $406万 | -$501万 | +181.0% |
| Amortization of Intangible Assets | $2690万 | $3050万 | -11.9% | $1.11亿 | $1.34亿 | -16.9% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | -10万 | 20万 | -150.0% | 110万 | 100万 | +10.0% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $2590万2025-12-27 | $2760万 | -6.2% | – | – | – |
| Assets | $58.3亿 | $59.3亿 | -1.8% | $58.3亿 | $59.3亿 | -1.8% |
| Assets Held-in-trust | $6640万 | $5840万 | +13.7% | $6640万 | $5840万 | +13.7% |
| Assets Held-in-trust, Current | $390万 | $290万 | +34.5% | $390万 | $290万 | +34.5% |
| Assets Held-in-trust, Noncurrent | $6250万 | $5550万 | +12.6% | $6250万 | $5550万 | +12.6% |
| Assets, Current | $23.1亿 | $21.7亿 | +6.4% | $23.1亿 | $21.7亿 | +6.4% |
| Buildings and Improvements, Gross | $3.39亿 | $3.66亿 | -7.4% | $3.39亿 | $3.66亿 | -7.4% |
| Capital Expenditures Incurred but Not yet Paid | -$244万 | $212万 | -215.1% | $2470万 | $6520万 | -62.1% |
| Cash and Cash Equivalents, at Carrying Value | $12.2亿 | $10.2亿 | +19.4% | $12.2亿 | $10.2亿 | +19.4% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $12.2亿 | $10.2亿 | +19.4% | $12.2亿 | $10.2亿 | +19.4% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$9950万 | $2.52亿 | -139.5% | $1.98亿 | -$2810万 | +804.5% |
| Common Stock, Capital Shares Reserved for Future Issuance | 1180万 | 614万 | +91.5% | 1180万 | 614万 | +91.5% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 4.05亿 | 4.05亿 | 0.0% | 4.05亿 | 4.05亿 | 0.0% |
| Common Stock, Shares, Issued | 8770万 | 9290万 | -5.6% | 8770万 | 9290万 | -5.6% |
| Common Stock, Shares, Outstanding | 8770万 | 9290万 | -5.6% | 8770万 | 9290万 | -5.6% |
| Common Stocks, Including Additional Paid in Capital | $33亿 | $34.3亿 | -3.8% | $33亿 | $34.3亿 | -3.8% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $2740万 | $3640万 | -24.7% | $3.48亿 | $5570万 | +524.9% |
| Construction in Progress, Gross | $1.05亿 | $9820万 | +6.6% | $1.05亿 | $9820万 | +6.6% |
| Contract with Customer, Liability, Current | $1.19亿 | $1.3亿 | -9.0% | $1.19亿 | $1.3亿 | -9.0% |
| Cost of Goods and Services Sold | $4.13亿 | $5.03亿 | -17.8% | $19.9亿 | $21.8亿 | -8.8% |
| Current Federal Tax Expense (Benefit) | – | – | – | $413万 | $1950万 | -78.8% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $9350万 | $7540万 | +24.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $9870万 | $9500万 | +3.8% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $102万 | $9.2万 | +1,012.0% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $83万2025-12-27 | $77万 | +7.8% | – | – | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$2280万 | -$9110万 | +75.0% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$1410万 | $632万 | -323.7% |
| Deferred Income Tax Expense (Benefit) | -$1460万 | -$2150万 | +32.1% | -$3940万 | -$8470万 | +53.5% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$250万 | $4.9万 | -5,200.0% |
| Deferred Tax Assets, Capital Loss Carryforwards | $2920万 | $2930万 | -0.4% | $2920万 | $2930万 | -0.4% |
| Deferred Tax Assets, Deferred Income | $1.31亿 | $1.01亿 | +28.9% | $1.31亿 | $1.01亿 | +28.9% |
| Deferred Tax Assets, Gross | $2.9亿 | $2.72亿 | +6.6% | $2.9亿 | $2.72亿 | +6.6% |
| Deferred Tax Assets, Inventory | $1760万 | $1750万 | +0.6% | $1760万 | $1750万 | +0.6% |
| Deferred Tax Assets, Net | $1.3亿 | $9060万 | +42.9% | $1.3亿 | $9060万 | +42.9% |
| Deferred Tax Assets, Net of Valuation Allowance | $1.99亿 | $1.86亿 | +6.8% | $1.99亿 | $1.86亿 | +6.8% |
| Deferred Tax Assets, Operating Loss Carryforwards | $2540万 | $2500万 | +1.6% | $2540万 | $2500万 | +1.6% |
| Deferred Tax Assets, Other | $2110万 | $1400万 | +50.2% | $2110万 | $1400万 | +50.2% |
| Deferred Tax Assets, Tax Credit Carryforwards, Research | $4330万 | $4210万 | +3.0% | $4330万 | $4210万 | +3.0% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Benefits | $3740万 | $3430万 | +9.0% | $3740万 | $3430万 | +9.0% |
| Deferred Tax Assets, Valuation Allowance | $9090万 | $8570万 | +6.0% | $9090万 | $8570万 | +6.0% |
| Deferred Tax Liabilities, Goodwill and Intangible Assets | $1790万 | $3430万 | -47.8% | $1790万 | $3430万 | -47.8% |
| Deferred Tax Liabilities, Gross | $6970万 | $9580万 | -27.3% | $6970万 | $9580万 | -27.3% |
| Deferred Tax Liabilities, Leasing Arrangements | $1180万 | $1300万 | -9.0% | $1180万 | $1300万 | -9.0% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-27, 10-K 2026-03-28, 10-Q 2025-12-27, 10-Q 2025-09-27, 10-Q 2025-06-28, 10-K 2025-03-29, 10-Q 2024-12-28, 10-Q 2024-09-28, 10-Q 2024-06-29
数据截至 2026-11-02