Qorvo Raises Q2 EPS Forecast to $2.00, Revenue to $1.03B

Qorvo expects Q2 EPS of $2.00 +/- $0.25 and revenue of $1.03B +/- $50M, both above consensus estimates of $1.62 and $954.56M, respectively. The company also forecasts a Q2 gross margin of 48%-50%.

Qorvo Inc. (NASDAQ: QRVO), a leading designer and manufacturer of RF chips used in smartphones and networking equipment, reported its Q2 2025 earnings today, exceeding analyst expectations across the board. The company's stock price, which closed at $84.67, surged 19.42% in the last three months and is down -29.12% in the last 12 months.

Earnings Highlights:
- EPS: Qorvo reported a first-quarter EPS of $0.92, $0.29 better than the analyst estimate of $0.63 [1].
- Revenue: Revenue for the quarter came in at $818.8M, topping the consensus estimate of $776.3M [1].

Guidance:
- For Q2 2026, Qorvo expects revenue of $750.00M-$1.03B, versus the analyst consensus of $950.00M [1].
- The company also forecasts a Q2 EPS of $2.00 +/- $0.25 and a Q2 gross margin of 48%-50%, both above consensus estimates [3].

Stock Performance:
- Qorvo's stock price has been volatile, up 19.42% in the last three months but down -29.12% in the last 12 months [1].
- The stock saw 13 positive EPS revisions and 8 negative EPS revisions in the last 90 days [1].

Market Reaction:
- Qorvo's stock traded up 11.2% to $93.99 immediately after reporting [3].
- According to InvestingPro, Qorvo's Financial Health score is "fair performance" [1].

Key Takeaways:
- Qorvo's strong Q2 2025 earnings and guidance suggest the company is well-positioned for the upcoming quarters.
- The company's revenue guidance for Q3 CY2025 is $1.03 billion at the midpoint, above analyst estimates of $958.3 million [3].
- Qorvo's inventory days outstanding (DIO) of 119 days indicates that demand is stable, but slightly above the long-term average [3].

References:
[1] https://www.investing.com/news/earnings/qorvo-inc-earnings-beat-by-029-revenue-topped-estimates-4158353
[2] https://za.investing.com/news/earnings/qorvo-inc-earnings-beat-by-029-revenue-topped-estimates-3809536
[3] https://finance.yahoo.com/news/qorvo-nasdaq-qrvo-beats-expectations-200557838.html