Qorvo, Inc. (QRVO) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 276.26M | 265.43M | 83.99M | 182.94M | 199.18M | 214.09M | 127.85M | 81.08M | 202.34M | 492.95M | 93.01M | 44.89M | 65.44M | 237.36M | 267.42M | 273.01M | 345.88M | 116.97M | 244.83M | 341.57M |
| Operating CF Margin % | 34.18% | 26.73% | 7.93% | 22.34% | 22.91% | 23.36% | 12.22% | 9.14% | 21.5% | 45.9% | 8.43% | 6.89% | 10.34% | 31.93% | 23.09% | 26.37% | 29.66% | 10.5% | 19.5% | 30.76% |
| Operating CF Growth % | 38.7% | 23.98% | -34.3% | 125.62% | -1.56% | -56.57% | 37.46% | 80.63% | 209.19% | 107.68% | -65.22% | -83.56% | -81.08% | 102.94% | 9.23% | -20.07% | -14.16% | -71.03% | -12.86% | 59.4% |
| Net Income | 29.73M | 164.06M | 119.6M | 25.59M | 31.36M | 41.27M | -17.43M | 414K | 2.73M | -126.94M | 97.46M | -43.58M | -138.42M | -15.93M | 188.62M | 68.88M | 212.28M | 216.26M | 319.19M | 285.63M |
| Depreciation & Amortization | 62.7M | 61.78M | 66.7M | 67.46M | 70.78M | 73.83M | 76.08M | 76.15M | 81.78M | 78.86M | 79.27M | 81.01M | 84.24M | 84.19M | 84.7M | 85.72M | 89.85M | 92.33M | 89.39M | 89.83M |
| Stock-Based Compensation | 26.32M | 26.85M | 40.42M | 42.48M | 27.41M | 28.38M | 38.18M | 42.37M | 21.58M | 21.75M | 39.05M | 38.45M | 18.67M | 19.71M | 31.79M | 35.41M | 10.27M | 19.31M | 28.69M | 25.24M |
| Deferred Taxes | -14.58M | -12.94M | -8.11M | -3.76M | -21.47M | -15.81M | -21.85M | -25.6M | -42.96M | 60.74M | 19.92M | -18.3M | -63.59M | 14.14M | 3.18M | -19.87M | -5.69M | 39.8M | -4.23M | 2M |
| Other Non-Cash Items | 85.6M | -12.39M | 1.28M | -1.8M | 54.49M | 22.61M | 131.75M | 15.69M | 54.07M | 181.49M | 60.81M | 3.57M | 169.35M | 36.66M | 53.39M | 5.41M | 56.19M | 13.57M | 2.62M | -9.49M |
| Working Capital Changes | 86.48M | 38.07M | -135.91M | 52.98M | 36.6M | 63.81M | -78.88M | -27.93M | 85.14M | 277.04M | -203.51M | -16.26M | -4.81M | 98.61M | -94.26M | 97.45M | -17.02M | -264.31M | -190.84M | -51.64M |
| Change in Receivables | 105M | 54.96M | -215.01M | 58.2M | 43.26M | 151.76M | -156.58M | -11.64M | 73.54M | 108.91M | -284.87M | -3.35M | 62.96M | 277.55M | -109.5M | 33.77M | 62.62M | 32.81M | -167.57M | -35.75M |
| Change in Inventory | -24.43M | 73.2M | 33.12M | 4.72M | 14.37M | 1.27M | 16.91M | -14.36M | 26.72M | 111.88M | 75.99M | -121.68M | 17.43M | -17.17M | 8.43M | -90.15M | -45.95M | -103.11M | -26.82M | -60.31M |
| Change in Payables | 5.98M | -90.4M | 37.09M | -2.88M | 24.8M | -101.25M | 63.73M | 19.9M | -93.95M | 34.48M | 2.34M | 146.28M | 0 | -150.33M | 38.5M | 26.51M | 0 | 0 | 5.47M | 54.45M |
| Cash from Investing | 18.13M | 4.28M | -32.68M | -33.33M | 95.64M | -7.07M | -34.83M | -17.18M | -113.18M | 902K | -20.25M | -3.94M | -36.05M | -33.08M | -45.39M | -38.89M | -43.78M | -284.58M | -39.63M | -227.96M |
| Capital Expenditures | -21.23M | -28.5M | -41.8M | -37.54M | -28.51M | -37.84M | -33.01M | -38.23M | -32.72M | -26.44M | -28.61M | -39.47M | -34.1M | -34.4M | -47M | -43.45M | -50.47M | -50.43M | -47.31M | -65.25M |
| CapEx % of Revenue | 2.63% | 2.87% | 3.95% | 4.59% | 3.28% | 4.13% | 3.15% | 4.31% | 3.48% | 2.46% | 2.59% | 6.06% | 5.39% | 4.63% | 4.06% | 4.2% | 4.33% | 4.53% | 3.77% | 5.88% |
| Acquisitions | 0 | 0 | 0 | 0 | 116.75M | 0 | 0 | 55.58M | -80.87M | 145K | 5.59M | 41.71M | 0 | 0 | 0 | -95K | 56K | -222.37M | 0 | -166.82M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 39.37M | 32.77M | 9.12M | 4.21M | 7.4M | 30.77M | -1.81M | -34.53M | 409K | 27.2M | 2.76M | -6.18M | -1.95M | 1.32M | 1.61M | 4.65M | 6.64M | -11.77M | 7.68M | 4.1M |
| Cash from Financing | -392.08M | -54.2M | -113.32M | -6.93M | -43.42M | -531.68M | -79.73M | -29.52M | -131.72M | -113.54M | -109.13M | -105.19M | -139.34M | -201.06M | -167.01M | -345.94M | -317M | 4.25M | -251.38M | -311.38M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | -412.46M | 0 | -26.66M | -40.4M | -17.91M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 304.07M | -1.25M | -1.25M |
| Equity Issued (Net) | -389.65M | -13.87M | -53.47M | -40.07M | -38.65M | -96.67M | -69.87M | -115.42M | -89.45M | -94.7M | -88.98M | -90.01M | -138.34M | -200.35M | -149.53M | -341.03M | -315.24M | -295.8M | -212.48M | -290.46M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -400.05M | -17.46M | -65.13M | -49.91M | -49.98M | -100.02M | -81.41M | -124.93M | -100.01M | -100.02M | -100.01M | -100.02M | -150.02M | -201.63M | -160.06M | -350.04M | -326.89M | -302.02M | -223.36M | -300.02M |
| Other Financing | -2.43M | -40.33M | -59.85M | 33.14M | -4.78M | -22.55M | -9.87M | 112.55M | -1.88M | -925K | -20.15M | -15.18M | -1M | -710K | -17.48M | -4.92M | -1.75M | -4.02M | -37.65M | -19.67M |
| Net Change in Cash | -99.5M | 215.22M | -62.19M | 144.3M | 251.74M | -327.02M | 14.04M | 33.16M | -42.73M | 365.15M | -37.59M | -64.33M | -110M | 7.19M | 52.78M | -113.83M | -16.11M | -164.34M | -47.27M | -197.78M |
| Free Cash Flow | 255.03M | 236.94M | 42.19M | 145.4M | 170.67M | 176.25M | 94.83M | 42.85M | 169.63M | 466.51M | 64.4M | 5.42M | 31.34M | 202.97M | 220.42M | 229.55M | 295.41M | 66.53M | 197.52M | 276.32M |
| FCF Margin % | 31.55% | 23.86% | 3.99% | 17.76% | 19.63% | 19.23% | 9.06% | 4.83% | 18.03% | 43.44% | 5.84% | 0.83% | 4.95% | 27.31% | 19.03% | 22.17% | 25.33% | 5.97% | 15.74% | 24.89% |
| FCF Growth % | 49.43% | 34.44% | -55.51% | 239.3% | 0.61% | -62.22% | 47.25% | 690.65% | 441.2% | 129.85% | -70.78% | -97.64% | -89.39% | 205.06% | 11.59% | -16.93% | -9.24% | -81.9% | -16.81% | 49.81% |
| FCF per Share | 2.75 | 2.53 | 0.45 | 1.55 | 1.79 | 1.85 | 1.00 | 0.44 | 1.74 | 4.80 | 0.65 | 0.06 | 0.31 | 2.01 | 2.13 | 2.16 | 2.72 | 0.60 | 1.76 | 2.43 |
| FCF Conversion (FCF/Net Income) | 9.29x | 1.62x | 0.70x | 7.15x | 6.35x | 5.19x | -7.33x | 195.86x | 73.98x | -3.88x | 0.95x | -1.03x | -0.47x | -14.90x | 1.42x | 3.96x | 1.63x | 0.54x | 0.77x | 1.20x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |