Qorvo (QRVO) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Qorvo reported revenue of $992.96 million for the quarter ended December 2025, marking an 8.4% year-over-year increase and a slight surprise of +0.17% over the Zacks Consensus Estimate of $991.28 million [1] - The company's EPS for the same period was $2.17, up from $1.61 a year ago, resulting in a surprise of +16.27% compared to the consensus EPS estimate of $1.87 [1] Revenue Breakdown - High Performance Analog (HPA) revenue was $190.9 million, slightly below the average estimate of $192.33 million from four analysts, reflecting an 11.2% year-over-year increase [4] - Advanced Cellular Group (ACG) revenue reached $690.8 million, exceeding the average estimate of $677.47 million, with an 8.8% year-over-year change [4] - Connectivity Solutions Group (CSG) revenue was $111.3 million, falling short of the estimated $117.46 million, but still showing a 1.6% increase compared to the previous year [4] Stock Performance - Over the past month, Qorvo's shares have returned -3.5%, contrasting with the Zacks S&P 500 composite's +0.4% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]