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Compared to Estimates, Qorvo (QRVO) Q1 Earnings: A Look at Key Metrics

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Qorvo (QRVO - Free Report) reported $784.8 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 4.2%. EPS of $1.64 for the same period compares to $0.92 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $745.84 million, representing a surprise of +5.22%. The company delivered an EPS surprise of +49.09%, with the consensus EPS estimate being $1.10.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Qorvo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- HPA: $206.3 million compared to the $167.56 million average estimate based on three analysts. The reported number represents a change of +50.2% year over year.
  • Revenue- ACG: $476.6 million versus the three-analyst average estimate of $468.75 million. The reported number represents a year-over-year change of -16.6%.
  • Revenue- CSG: $101.9 million compared to the $93.94 million average estimate based on three analysts. The reported number represents a change of -7.5% year over year.

View all Key Company Metrics for Qorvo here>>>

Shares of Qorvo have returned -4% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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