Qorvo reported fiscal 2025 fourth quarter GAAP revenue of $869.5 million, a gross margin of 42.2%, and diluted earnings per share of $0.33. On a non-GAAP basis, the company achieved a gross margin of 45.9% and diluted earnings per share of $1.42, surpassing the midpoint of its guidance by 42 cents.
The company generated $171 million of free cash flow in the fourth quarter, contributing to a total of $485 million for fiscal 2025. CEO Bob Bruggeworth highlighted stronger than seasonal sequential revenue and year-over-year gross margin expansion, attributing it to a multi-year strategy focused on content wins with its largest customer and diversification through CSG and HPA.
For the June 2025 quarter, Qorvo provided an outlook for revenue between $750 million and $800 million, with non-GAAP diluted earnings per share projected to be between $0.60 and $0.80. CFO Grant Brown emphasized the company's focus on operational objectives, including portfolio optimization, factory consolidation, and cost discipline, to expand margins and enhance operational efficiency.
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