Record Revenue in Defense and Aerospace (DNA) Segment
Qorvo's DNA segment posted a record revenue quarter, marking the third consecutive year of year-over-year revenue growth. The sales funnel for the DNA business currently exceeds $5 billion, with plans to scale the business to $1 billion annually.
Double-Digit Revenue Growth in CSG and HPA Segments
For fiscal year 2025, both the Connectivity and Sensors Group (CSG) and High Performance Analog (HPA) segments grew revenue double digits, driven by strong demand in areas such as Ultra-Wideband technology and power management.
Strong Content Growth with Largest Customer
Qorvo achieved greater than 10% year-over-year content growth with its largest customer, driven by the ramp-up of the envelope tracking power management solution and additional wins in antenna tuning and ultra-high band content.
Strategic Expansion in Automotive and Consumer Markets
Qorvo expanded its automotive connectivity footprint in Japan and began production of its first power management IC for wearables, indicating successful diversification efforts.
Significant Free Cash Flow Generation
Qorvo generated $485 million in free cash flow for fiscal 2025, returning over $350 million to shareholders via share repurchases and retiring over $400 million of debt.