Qorvo (QRVO) Q1 2027 Earnings

Yes. Qorvo reported Q1 2027 earnings of $1.64 a share on Jul 28, 2026, beating the $1.06 consensus estimate by 54.1%. Revenue was $784.8M against a $741.4M estimate.

Qorvo, Inc. delivered a standout fiscal first quarter of 2027, posting results that cleared Wall Street's bar by a wide margin and extending the company's EPS beat streak to four consecutive quarters. Non-GAAP earnings per share of $1.64 topped the $1.06 consensus estimate by 54.09%, powered by an 880-basis-point surge in non-GAAP gross margin to 52.8%, as an improving business mix across segments and sharply reduced capital intensity more than offset a 4.2% year-over-year dip in revenue to $784.80 million, which itself beat the $741.39 million consensus by 5.86%. The High Performance Analog segment was the quarter's brightest spot, with revenue climbing 50.1% year-over-year to $206.30 million and operating income jumping 224% to $70.00 million, underscoring the company's strategic shift toward higher-value, margin-accretive product lines. Observers tracking Qorvo's recovery have noted that RF demand and cost discipline are increasingly supporting profitability even as smartphone-related volumes remain uneven. Looking ahead, Qorvo guided full-year fiscal 2027 non-GAAP gross margin above 50% and non-GAAP diluted EPS above $7.00, though the company has suspended detailed guidance and earnings calls given its pending merger with Skyworks Solutions.