ࡱ>  l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~ ؈ ~~9#܈ ~~8#܈ ~~4#܈ ~~3#܈ ~~7#܈ ~~83ffff̙̙3f3fff3f3f33333f33&SECURITIES AND EXCHANGE COMMISS&&SECURITIES AND EXCHANGE COM (1)&6DOCUMENTS INCORPORATED BY REFER#gQGeographic Financial Summary&bITEM 5 MARKET FOR REGISTRANTS CtPERFORMANCE GRAPH%Purchases of Equity Securities%LITEM 6 SELECTED FINANCIAL DATA! ConsolidatedMobile Products&>Infrastructure and Defense Prod&lOTHER EXPENSE INCOME AND INCOME CONTRACTUAL OBLIGATIONSCommodity Prices!3/Qorvo Inc and Subsidiaries% OQorvo Inc and Subsidiaries (1)%ClQorvo Inc and Subsidiaries (2)&Consolidated Statements of Stoc&Consolidated Statements of Cash&2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)&Recurring Fair Value Measuremen=/ 4 INVENTORIES =5 PROPERTY AND EQUIPMENT&L7 GOODWILL AND INTANGIBLE ASSET&\7 GOODWILL AND INTANGIBLE A (1)&q7 GOODWILL AND INTANGIBLE A (2) 8 DEBT% Qorvo Inc and Subsidiaries (3)5 Income Taxes%xQorvo Inc and Subsidiaries (4)%~Qorvo Inc and Subsidiaries (5)%5Qorvo Inc and Subsidiaries (6)%Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE&A summary of activity of the Co&.A summary of activity of th (1)%^>Qorvo Inc and Subsidiaries (8)&bMCommon Stock Reserved For Futur%ZQorvo Inc and Subsidiaries (9)&oQorvo Inc and Subsidiaries (10)&>Qorvo Inc and Subsidiaries (11)&CQorvo Inc and Subsidiaries (12)&}Qorvo Inc and Subsidiaries (13)&Qorvo Inc and Subsidiaries (14)&Qorvo Inc and Subsidiaries (15) Statement of Operations"*Statement of Operations (1)"TKStatement of Operations (2)&kQorvo Inc and Subsidiaries (16)&NQorvo Inc and Subsidiaries (17)&]Qorvo Inc and Subsidiaries (18)&18 QUARTERLY FINANCIAL SUMMARY D EXHIBIT 21 l  ?uc%  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } %} $ } 1 ?      Qorvo, Inc. 10-K 05/21/2018*"SECURITIES AND EXCHANGE COMMISSION        UNITED STATES* "SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K1)x ANNUAL REPORT PURSUANT TO SECTION 13 OR/'15(d) OF THE SECURITIES EXCHANGE ACT OF~ :0(For the fiscal year ended March 31, 2018 or/'? TRANSITION REPORT PURSUANT TO SECTION2*13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934<4For the transition period from _______ to _______( Commission file number 001-36801DYl}qeY5`K'qc0_ !"#$%&'()*+,-./0123456789:;<=>  Qorvo, Inc..!&(Exact name of registrant as specified"in its charter)###$Delaware$$ 46-5288992'%(State or other jurisdiction of%%(I.R.S. Employer&&incorporation or organization)&&Identification No.)'''.(&7628 Thorndike Road, Greensboro, North)Carolina 27409-94210*((Address of principal executive offices)+ (Zip Code),-(336) 664-12331.)(Registrant's telephone number, including/ area code)00011)Securities registered pursuant to Section212(b) of the Act:3Title of each class313)Name of each exchange on which registered'4Common Stock, $0.0001 par value4#4The Nasdaq Stock Market LLC55%5(Nasdaq Global Select Market)66617)Securities registered pursuant to Section812(g) of the Act: 9None:;$<____________________________1=)Created by Morningstar Document Research.0>(http://documentresearch.morningstar.com/BXxBvD%jF6ocW/=PF0*8X> @ >>==<<9988772211//..--++**))((""!!     l  J5  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 7} !       Qorvo, Inc. 10-K 05/21/2018*"SECURITIES AND EXCHANGE COMMISSION  ! Large accelerated filer x Accelerated filer ?  6 .Non-accelerated filer ? (Do not check if# Smaller reporting company ?$ a smaller reporting company)!Emerging growth company ?/'If an emerging growth company, indicate3+by check mark if the registrant has elected1)not to use the extended transition period7/for complying with any new or revised financial.&accounting standards provided pursuant/'to Section 13(a) of the Exchange Act. ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@]D}qeYA\D\!d=PF0*8X> @J  l  CEOQ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)Geographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } } I;}  C      Qorvo, Inc. 10-K 05/21/2018+#DOCUMENTS INCORPORATED BY REFERENCE      QORVO, INC.    FORM 10-K 0 (FOR THE FISCAL YEAR ENDED MARCH 31, 2018  INDEX Page$Forward-Looking Information.~ PART IItem 1. Business.~ Item 1A. Risk Factors.~ :Item 1B."Unresolved Staff Comments.~ vItem 2. Properties.~ vItem 3.Legal Proceedings.~ zItem 4. Mine Safety Disclosures.~ zPART IIItem 5..&Market for Registrant's Common Equity,~ z.&Related Stockholder Matters and Issuer'Purchases of Equity Securities.Dl|pdX4_;QWL !"#$%&'()*+,-./0123456789:;<=>? Item 6. Selected Financial Data.~ !Item 7.,!$Management's Discussion and Analysis~ !"9"1of Financial Condition and Results of Operations.#Item 7A.0#(Quantitative and Qualitative Disclosures~ #$$About Market Risk.%Item 8..%&Financial Statements and Supplementary~ %& &Data.'Item 9.5'-Changes in and Disagreements With Accountants~ '(/('on Accounting and Financial Disclosure.)Item 9A. )Controls and Procedures.~ )*Item 9B.*Other Information.~ *++PART III+,,,-Item 10.3-+Directors, Executive Officers and Corporate~ -.. Governance./Item 11./Executive Compensation.~ /0Item 12.00(Security Ownership of Certain Beneficial~ 0151-Owners and Management and Related Stockholder22Matters.3Item 13.73/Certain Relationships and Related Transactions,~ 34"4and Director Independence.5Item 14./5'Principal Accounting Fees and Services.~ 566677PART IV78889Item 15.09(Exhibits, Financial Statement Schedules.~ 9:Item 16.:Form 10-K Summary.~ :;;;<Exhibit Index.<~ <= Signatures.=~ =>?D lj!N1RiFfFb>Y5@AB$@____________________________1A)Created by Morningstar Document Research.0B(http://documentresearch.morningstar.com/ (=PF0*8X> @BBAA@@ l  a  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFER!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } !}  $                             Qorvo, Inc. 10-K 05/21/2018$Geographic Financial Summary               Fiscal Year ~  ~  ~  Revenue:       United States~    ~ ^  ~ b  International~ z~ ~  :  March 31, 2018 April 1, 2017  April 2, 2016#Long-lived tangible assets:  United States~ zB~  B~  1  China~ A ~ ~  r8  Other countries~ "~  ~  j $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/83wk_^Xv~rf>=PF0*8X> @             l  Qs  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial SummaryPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } '} $       Qorvo, Inc. 10-K 05/21/2018jbITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF          High  Low(  Fiscal Year Ended March 31, 2018     First Quarter (\S@   p= ׃O@  Second Quarter GzS@   ףp= WO@  Third QuarterLT@R!P@Fourth Quarter(\µU@p= cP@ High Low'Fiscal Year Ended April 1, 2017 First Quarterfffff&M@QE@Second Quarter333333P@9I@ Third Quarter(\M@p= #H@Fourth Quarter= ףpmQ@(\J@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<iI=1%2o|E3pdX0=PF0*8X> @       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS C Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } I"}  }  } y }        Qorvo, Inc. 10-K 05/21/2018PERFORMANCE GRAPH         January 2,  March 28, April 2, April 1,  March 31, ~ ~~ ~~ ~ ~  Total Return Index for:       Qorvo, Inc.~  ףp= '\@ \( R@ )\XX@ GzY@Nasdaq Composite~ fffffY@)\(Z@)\_@R1c@S&P 500~  @ l  u  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } -} $ } U} $ } U} $ } :                          Qorvo, Inc. 10-K 05/21/2018&Purchases of Equity Securities              Period 7 /Total number of shares purchased (in thousands) $ Average price paid per share 0 (Total number of shares purchased as part / 'Approximate dollar value of shares that         / 'of publicly announced plans or programs 8 0may yet be purchased under the plans or programs          (in thousands)- %December 31, 2017 to January 27, 2018  -   $-   -   $213.1 million-%January 28, 2018 to February 24, 2018 - $-  -   $213.1 million+#February 25, 2018 to March 31, 2018~  HzT@~      $162.1 million Total~  HzT@~      $162.1 million   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2 ui]HB=PF0*8X> @b        l  4%  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 6} $ }  } $ }  } $ } U} $ } U} $ } U 4      Qorvo, Inc. 10-K 05/21/2018( ITEM 6. SELECTED FINANCIAL DATA.                        Fiscal Year ~  ~  ~  ~ ~~ ~ z - %(In thousands, except per share data)            Revenue~ }~ ~  X  ~  mh~ F   %Operating costs and expenses:   Cost of goods sold~ *|o~ s~  VI_  ~  j[>~ "^- Research and development~ *~ Ҽ~  c  ~  Z~ V +#Selling, general and administrative~ 6 ~ L!~  N   ~  z@~ = Other operating expense~ ZV~ ~ ~ ~  W ~  ~  ~ ~ ~ *"Total operating costs and expenses~ Z3~ ~    ~  R`~ iDIncome from operations~ *J~ _~    ~  y~ 6   Interest expense~ ]~ ~ h~ ~   ~  ~  ~ Interest income~ m~ ~  R   ~   ~ Other (expense) income~ ~ ~  Jd  ~   ~ $)!Income (loss) before income taxes~  ~ ~  J  ~  ff~ u$Income tax (expense) benefit~ ~~ ~ R~ ~  j ~  ~  ڔ~ ~ PNet (loss) income~ ~ J~  N=  ~  > ~ $Net (loss) income per share:    Basic{GzԿp= ף ɿ   \(\@ ףp= ?DAlsg[_++~ +N++~ + N+ + ~ + n+~ +~ ++8++5,-Long-term debt and capital lease obligations,~ ,<,,~ ,_<,,~ , O<, ~ ,  , -,,~ ,J,,-less current portion.Stockholders' equity~ .2z#..~ .J*..~ . '1. . ~ . x..~ .G)../0$1____________________________12)Created by Morningstar Document Research.03(http://documentresearch.morningstar.com/,+ |pY5x =PF0*8X> @332211...... .. ..,,,,,, ,, ,,++++++ ++ ++****** ** **)))))) )) ))(((((( (( (('''''' '' ''&&$$$$$$ $$ $$###### ## ##                                       l  y  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATAMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } +} $ }  } $}  $ } } $} $ }  } $       Qorvo, Inc. 10-K 05/21/2018 Consolidated                        ~  ~  ~ * "(In thousands, except percentages)  Dollars  % of  Dollars  % of  Dollars  % of       Revenue      Revenue      Revenue Revenue ~ }  ~  % ~   ~  % ~ X  ~  %Cost of goods sold~ *|o33333N@~  s   LO@~ VI_fffffM@ Gross profit~ ZFLC@~  bNE   33333B@~ F@D@ Research and development~ *~ >~  Ҽ   /@~ c3333331@,$Selling, general, and administrative~ 6 333331@~  L!  ~  J~ N ffffff4@Other operating expense~ ZV @~    ~  ~ W@Operating income~ *J333333@ %~  _   333333@ %~ ? %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 {og .5;-%=PF0*8X> @"$                    l  M  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA Consolidated!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } m)} $ } $} $ } $} $ } $                       Qorvo, Inc. 10-K 05/21/2018Mobile Products                 Fiscal Year* "(In thousands, except percentages) ~  ~  ~  Revenue ~    ~   ~ (  Operating income ~ !  ~ F!  ~ $ *"Operating income as a % of revenue3333339@ %3333337@ %  ffffff<@  %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|xl%cWK#=PF0*8X> @           l  {  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } m)} $ } $} $ } $} $ } $                       Qorvo, Inc. 10-K 05/21/2018+#Infrastructure and Defense Products                 Fiscal Year* "(In thousands, except percentages) ~  ~  ~  Revenue ~ > 0  ~ X'  ~   Operating income ~ c  ~ nO   ~ J *"Operating income as a % of revenuefffff=@ %333337@ %  333334@  %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,||pdXOC7=PF0*8X> @           l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense ProdCONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } $}  $                        Qorvo, Inc. 10-K 05/21/2018/'OTHER (EXPENSE) INCOME AND INCOME TAXES                 Fiscal Year (In thousands) ~  ~  ~  Interest expense ~ ]  ~ h  ~   Interest income ~ m  ~   ~ R  Other (expense) income~ ~  ~  Jd Income tax expense~ ~~ R ~  j $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.kxl`T!r=PF0*8X> @            l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 2} $       Qorvo, Inc. 10-K 05/21/2018CONTRACTUAL OBLIGATIONS                      Payments Due By Period  Total Payments   Fiscal 2019  Fiscal 2020-2021  Fiscal 2022-2023 " Fiscal 2024 and thereafter Capital commitments (1)~ m  ~ d   $-  ~ F    $- & Long-term debt obligations (2)~ WZ  ~ ,  ~ fY  ~ fY  ~ wE Capital lease (3)~ >3 -~     ~   ~ Operating leases~ /~ *~  *V  ~  ~ Z 2*Other purchase obligations and commitments~  ~ L~  p    - -~ %Cross-licensing liability (5)~ ~ '~  K  ~  . -!Deferred compensation (6)~ 2~ ~    ~   ~ j Total~ rew~ ~  2   ~   ~ &6J$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 |pdtF{.H:`=PF0*8X> @1                          l  .  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 7}        Qorvo, Inc. 10-K 05/21/2018Commodity Prices  6 .ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY  DATA.2 *INDEX TO CONSOLIDATED FINANCIAL STATEMENTS   Page#Consolidated Balance Sheets~ -%Consolidated Statements of Operations~ 0(Consolidated Statements of Comprehensive~  Loss1)Consolidated Statements of S tockholders'~ Equity-%Consolidated Statements of Cash Flows~ 2*Notes to Consolidated Financial Statements~ 0(Reports of Independent Registered Public~ Accounting Firm$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BXwkS Q}k,sg[3=PF0*8X> @ l  ;BL  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity Prices Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } I;} $ ;      Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries          March 31, 2018   April 1, 2017 ASSETS    Current assets:   / 'Cash and cash equivalents (Notes 1 & 3)~ V8  ~ J! .&Accounts receivable, less allowance of~ ~ 3+$134 and $58 as of March 31, 2018 and April1, 2017, respectively!Inventories (Notes 1 & 4)~ ~ EPrepaid expenses~ u~ 6)! Other receivables (Note 1)~ ~ ~*"Other current assets (Notes 1 & 9)~ ~~ bTotal current assets~ vp~ 5Y1)Property and equipment, net (Notes 1 & 5)~ S~ T!Goodwill (Notes 1, 6 & 7)~ ~ j/'Intangible assets, net (Notes 1, 6 & 7)~ ‚4~ {U+#Long-term investments (Notes 1 & 3)~ V~ */'Other non-current assets (Notes 9 & 12)~ 2~  Total assets~ >~ N,$LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable~ & ~ 2 2*Accrued liabilities (Notes 1, 9, 10, & 11)~ :4 ~ bi Dk lwk_~?Z#Af,J+ !"#$%&'()*+,-./0123456789:- %Other current liabilities ( Note 12 )~   ~  !!Total current liabilities~ !!!~ !2!"Long-term debt (Note 8)~ "<""~ "_<",#$Deferred tax liabilities ( Note 12 )~ ###~ ##-$%Other long-term liabilities (Notes 9,~ $z8$$~ $rA$% 10, 11 & 12)&Total liabilities~ &b&&~ &8c&.'&Commitments and contingent liabilities'''''( (Note 10))Stockholders? equity:)))0*(Preferred stock, $.0001 par value; 5,000 *-** *-*/+'shares authorized; no shares issued and, outstanding4-,Common stock and additional paid-in capital,~ -v?--~ -JF-4.,$.0001 par value; 405,000 shares authorized;9/1126,322 and 126,464 shares issued and outstanding901at March 31, 2018 and April 1, 2017, respectively-1%Accumulated other comprehensive loss,~ 111~ 112 net of tax3Accumulated deficit~ 333~ 3J%3"4Total stockholders? equity~ 42z#44~ 4J*425*Total liabilities and stockholders? equity~ 5>55~ 5N567$8____________________________19)Created by Morningstar Document Research.0:(http://documentresearch.morningstar.com/: *Wq7u=R @;::99885555444433331111----****&&&&$$$$####""""!!!!       l  .ndi  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } a/}  $ .                                  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"Diluted"{GzԿ"""p= ף""" ɿ" ###### /$'Weighted average shares of common stock$$$$$ %outstanding (Note 13) : &Basic~ &&&~ &F&&~ & Ʃ& 'Diluted~ '''~ 'F''~ ' Ʃ' (((((( )*$+____________________________1,)Created by Morningstar Document Research.0-(http://documentresearch.morningstar.com/ @KBuiA=PF0*8X> @=-- ,, ++ '''''' &&&&&& """""" !!!!!!                   l  "iB  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 8}  $ "                                  Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries               Fiscal Year ~  ~  ~  Net loss~   ~ J  ~ N= ! Total comprehensive loss:     1)Unrealized gain on marketable securities,~ 2~ ~     net of tax/'Change in pension liability, net of tax~ r~ ~   0(Foreign currency translation adjustment,~ ~ *~   /'including intra-entity foreign currency7/transactions that are of a long-term-investmentnature,$Reclassification adjustments, net of  tax:0(Recognized gain on marketable securities - -~   5-Foreign currency gain recognized and included~  -  -  in net loss.&Amortization of pension actuarial loss~ ~ ~   )!Other comprehensive income (loss)~ J~ ~    Total comprehensive loss~ ʢ~ ~  J $____________________________D lwk_^9l1 nW, ! 1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @"!!               l  =T  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 7}  } $ =      Qorvo, Inc. 10-K 05/21/20186.Consolidated Statements of Stockholders Equity                          Accumulated          Other       Common Stock   Comprehensive   Accumulated    Shares  Amount  Loss  Deficit  TotalMarch 28, 2015~  ~ ޑ~   ~  ~ xNet loss - - -  ~  N=~ N= Other comprehensive loss - -~     -~ 0(Exercise of stock options and vesting of~ !~ D -    -~ D6.restricted stock units, net of shares withheldfor employee taxes.&Issuance of common stock in connection~ ~  -    -~ )!with employee stock purchase plan0(Tax benefit from exercised stock options -~   -    -~  -%Repurchase of common stock, including~ ~ ^ -    -~ ^transaction costs( Stock-based compensation expense -~ C -    -~ CBalance, April 2, 2016~ j~ 0L~   ~  (~ '1Net loss - - -  ~  J~ J Other comprehensive loss - -~     -~ 0(Exercise of stock options and vesting of~ &~  -    -~ 6.restricted stock units, net of shares withheldfor employee taxesD>l}qeYMiiQ Q~ !"#$%&'()*+,-./0123456789:;<. &Issuance of common stock in connection~    ~    -   -  ~  )!!with employee stock purchase plan3"+Tax deficiency from exercised stock options "-""~ """" "-" "  " -""~ """-#%Repurchase of common stock, including~ #2##~ #8## #-# #  # -##~ #8#$transaction costs(% Stock-based compensation expense %-%%~ %%% %-% %  % -%%~ %%&Balance, April 1, 2017~ &&&~ &JF&&~ && & ~ & J%&&~ &J*&'Net loss '-'' '-'' '-' ' ~ ' ''~ ''"(Other comprehensive income (-(( (-((~ (J( (  ( -((~ (J(0)(Exercise of stock options and vesting of~ )#))~ )I)) )-) )  ) -))~ )I)6*.restricted stock units, net of shares withheld+for employee taxes.,&Issuance of common stock in connection~ ,v,,~ ,,, ,-, ,  , -,,~ ,,)-!with employee stock purchase plan1.)Cumulative-effect adoption of ASU 2016-09 .-.. .-.. .-. . ~ . 2=..~ .2=./011)Cumulative-effect adoption of ASU 2016-16 1-11 1-11 1-1 1 ~ 1 11~ 1123-4%Repurchase of common stock, including~ 4>44~ 444 4-4 4  4 -44~ 445transaction costs(6 Stock-based compensation expense 6-66~ 666 6-6 6  6 -66~ 667Balance, March 31, 2018~ 7ʵ77~ 7v?77~ 77 7 ~ 7 77~ 72z#789$:____________________________1;)Created by Morningstar Document Research.0<(http://documentresearch.morningstar.com/>0 * 2^{=PF0*8X> @u<<;;::7777 77 776666 66 664444 44 441111 11 11.... .. ..,,,, ,, ,,)))) )) ))(((( (( (('''' '' ''&&&& && &&%%%% %% %%#### ## ##"""" "" ""                                      l  N d  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } I;}  $ N                                  Qorvo, Inc. 10-K 05/21/2018-%Consolidated Statements of Cash Flows               Fiscal Year ~  ~  ~ - %Cash flows from operating activities:      Net loss~   ~ J  ~ N= 0(Adjustments to reconcile net loss to net .&cash provided by operating activities: Depreciation~ f ~  ~  *  ,$Intangible assets amortization (Note~ : ~ 2~  / ~ .&Amortization of debt issuance cost and~  ~ ~   other non-cash items2*Excess tax benefit from exercises of stock -~ ~  f optionsDeferred income taxes~ "~ J~  A $Foreign currency adjustments~ ~ r~   .&Loss (income) on investments and other~ f~ U~  ~ assets, net ( Note 11 )( Stock-based compensation expense~ (~ 6l~   4,Changes in operating assets and liabilities:  Accounts receivable, net~ ~ ޿~  *=  Inventories~ q~ Z~   D% lznbVUnNK8#hb ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? . &Prepaid expenses and other current and~ Z  ~ <  ~ < !non-current assets"Accounts payable~ "`""~ """~ " " #Accrued liabilities~ ###~ #ʣ##~ # Z<# ($ Income tax payable/(recoverable)~ $$$~ $$$~ $ 2C$ $%Other assets and liabilities~ %2B%%~ %*I%%~ % 3% 1&)Net cash provided by operating activities~ &4&&~ &i/&&~ & )& 'Investing activities:''''' *("Purchase of property and equipment~ (և((~ ( D((~ ( b( 1))Purchase of available-for-sale securities )-))~ )))~ ) F7) 6*.Proceeds from maturities of available-for-sale *-**~ *f **~ * * + securities2,*Purchase of business, net of cash acquired ,-,,~ ,Z,, , -, -(Note 6).Other investing~ ...~ ...~ . ;. -/%Net cash used in investing activities~ /~//~ /R//~ / / 0Financing activities:00000 -1%Repurchase of common stock, including~ 111~ 1811~ 1 ^1 2transaction costs$3Proceeds from debt issuances~ 333 3-33~ 3 bG3 4Payment of debt~ 4l44 4-44~ 4 Q4 5Debt issuance costs~ 555 5-55~ 5 +5 26*Proceeds from the issuance of common stock~ 666~ 6266~ 6 *6 37+Tax withholding paid on behalf of employees~ 7}77~ 7 77~ 7 7 "8for restricted stock units29*Excess tax benefit from exercises of stock 9-99~ 999~ 9 9 :options;Other financing ;-;;~ ;*;;~ ; ; -<%Net cash used in financing activities~ <B<<~ <<<~ < b< /='Effect of exchange rate changes on cash~ =$==~ ===~ = j= .>&Net increase in cash, cash equivalents~ >>;>>~ >N>>~ > > ?and restricted cashDlhJC#+^H%qdDS#@ A B C D E F G H I J K L M -@%Cash, cash equivalents and restricted~ @O!@@~ @:@@~ @ ~Q@ +A#cash at the beginning of the period-B%Cash, cash equivalents and restricted~ B 8BB~ BO!BB~ B :B %Ccash at the end of the period9D1Supplemental disclosure of cash flow information:DDDDD .E&Cash paid during the year for interest~ EIEE~ EXEE~ E !E 2F*Cash paid during the year for income taxes~ FFF~ F6FF~ F !F 5G-Non-cash investing and financing information:GGGGG 0H(Capital expenditure adjustments included~ HfHH~ H2HH~ H 2 H Iin liabilitiesJ$K____________________________1L)Created by Morningstar Document Research.0M(http://documentresearch.morningstar.com/ i:ziXp=PF0*8X> @|MM LL KK HHHHHH FFFFFF EEEEEE BBBBBB @@@@@@ >>>>>> ====== <<<<<< ;;;;;; 999999 777777 666666 555555 444444 333333 111111 ////// ...... ,,,,,, ****** )))))) (((((( &&&&&& %%%%%% $$$$$$ ###### """"""                  l  A  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } y#}  } $ }  } $ }        Qorvo, Inc. 10-K 05/21/2018( 2. CONCENTRATIONS OF CREDIT RISK         Fiscal Year ~  ~  ~  Apple Inc. ("Apple") 36%  34%  37%% Huawei Technologies Co., Ltd. 8%  11%  12%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*Uhsg[==PF0*8X> @"  l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISKInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } U} $       Qorvo, Inc. 10-K 05/21/2018 Investments                  Cost  Gross  Gross  Estimated Fair       Unrealized   Unrealized  Value      Gains  Losses March 31, 2018       Auction rate securities~ z $-~  V  ~  Money market funds~ & -  -  ~  &~  $-~  V  ~   April 1, 2017   Auction rate securities~ ! $-~  N  ~  Money market funds~ : -  -  ~  :~ ! $-~  N  ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/82 |p48snsg?=PF0*8X> @"$                   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK Investments!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } +} $       Qorvo, Inc. 10-K 05/21/2018 Investments                  March 31, 2018   April 1, 2017  Cost   Estimated  Cost   Estimated       Fair Value       Fair Value! Due in less than one year~ &  ~ &  ~ :  ~ : Due after ten years~ z~ ~  !  ~  ,$Total investments in debt securities~ ~ ~  !  ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.|peG/#=PF0*8X> @               l  *\(,  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1) 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } $ } 0} $ *      Qorvo, Inc. 10-K 05/21/2018)!Recurring Fair Value Measurements                      Total  Quoted Prices In  Significant Other          Active Markets For  Observable Inputs          Identical Assets   (Level 2)           (Level 1)March 31, 2018   Assets   Money market funds~ &~  &    $-#Auction rate securities (1)~   -  ~  /'Invested funds in deferred compensation~ 2~  2    -plan (2)+#Total assets measured at fair value~ "~  V  ~   Liabilities   -%Deferred compensation plan obligation~ 2~  2    $-~ 0(Total liabilities measured at fair value~ 2~  2    $-    April 1, 2017   Assets   Money market funds~ :~  :    $-#Auction rate securities (1)~   -  ~  /'Invested funds in deferred compensation~ ~      -plan (2)D3l~rfZIo/S/Zi) !"#$%&'()    + #Total assets measured at fair value~   ~ .  ~  !! 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""-"%Deferred compensation plan obligation~ """~ " " "  " $-"##~ #$$$$0$(Total liabilities measured at fair value~ $$$~ $ $ $  $ $-$%&$'____________________________1()Created by Morningstar Document Research.0)(http://documentresearch.morningstar.com/4;-=1%=PF0*8X> @ A))((''$$$$ $$ ##"""""" "" !!                         l  4<  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 0} $       Qorvo, Inc. 10-K 05/21/20184. INVENTORIES          March 31, 2018   April 1, 2017  Raw materials~ ּ  ~   Work in process~ F   ~    Finished goods~ z  ~  Total inventories~ ~ E$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|ym iWK?=PF0*8X> @j          l  K  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } *} $       Qorvo, Inc. 10-K 05/21/2018!5. PROPERTY AND EQUIPMENT          March 31, 2018   April 1, 2017 Land~ s  ~  + #Building and leasehold improvements~   ~ B|  Machinery and equipment~ Se  ~ 2He ~ ~~ vK~%Less accumulated depreciation~ jW~ ~ bF~ 6fB Construction in progress~ " ~ )!Total property and equipment, net~ S~ T$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4znbgI0=PF0*8X> @         l  [  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } U5}  $                        Qorvo, Inc. 10-K 05/21/2018)!7. GOODWILL AND INTANGIBLE ASSETS              Mobile Products + #Infrastructure and Defense Products  Total' Balance as of April 2, 2016 (1)~ >j  ~  s  ~ FZ  GreenPeak acquisition -  ~ &U  ~ &U ' Balance as of April 1, 2017 (1)~ >j  ~ .  ~ j 4,GreenPeak acquisition measurement adjustment -~ ~   ( Balance as of March 31, 2018 (1)~ >j~ ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.~rfZK4th\4=PF0*8X> @             l  o  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } $} $       Qorvo, Inc. 10-K 05/21/2018)!7. GOODWILL AND INTANGIBLE ASSETS                  March 31, 2018   April 1, 2017  Gross   Accumulated  Gross   Accumulated  Carrying   Amortization  Carrying   Amortization  Amount      AmountIntangible Assets:   Customer relationships~ VM~ #9~  VM  ~  (Developed technology~ L~ f,~  I  ~  b Trade names~ >~ ~    ~  bVTechnology licenses~ n~ ~    ~  Non-compete agreement~  ~ ^~     ~  Z IPRD~ B N/A~  b    N/A Total~ B~ vh~    ~  G$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/: ~rfZOGilv=PF0*8X> @Z+                        l  @~  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } } $       Qorvo, Inc. 10-K 05/21/2018)!7. GOODWILL AND INTANGIBLE ASSETS      Fiscal Year  Estimated   Amortization  Expense~ ~ b ~ ~ b ~ ~ u ~ ~ ~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2~rfZ*kC=PF0*8X> @Z      l  4  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2) Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } %} $       Qorvo, Inc. 10-K 05/21/20188. DEBT          March 31, 2018   April 1, 2017# 6.75% Senior Notes due 2023~    ~ Bw # 7.00% Senior Notes due 2025~ Rz!  ~ ‘! 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Fiscal Year ~  ~  ~   United States~ V  ~ &  ~   Foreign~ D   ~   ~   Total~  ~ ~  J $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,<|ymlt=PF0*8X> @           l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } !}  $                               Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries               Fiscal Year ~  ~  ~ " Current (expense) benefit:      Federal~ G  ~   ~   State~ n~ ~   Foreign~ rB~ ~   ~ ~ ~   #Deferred benefit (expense): Federal~ ~ *+~  J  State (1)~ ~ .9~   Foreign~ J;~ Q~  " ~ ~ ~  v  Total~ ~~ R~  j $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<q wk_^ !EQh\P(=PF0*8X> @"                l  %*  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } U5} $ }  } $}  $ } } $} $ }  } $ %      Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries                     Fiscal Year ~  ~  ~   Amount  Percentage  Amount  Percentage  Amount  Percentage1 )Income tax (expense) benefit at statutory~    ףp=?@ % ~ j ~  % ~  ~  % federal rate+#(Increase) decrease resulting from:   1)State benefit (provision), net of federal~ j)\(~   \(\@  ~  bRG(provision) benefit Tax credits~ Rfffffk~   \(L  ~  Hz@4,Effect of changes in income tax rate applied~ dfffffl~ .   ףp=   ~  {GW"to net deferred tax assets#Foreign tax rate difference~ UGz_~ zO  q= ףD@  ~  J@q= ףa@%Foreign permanent differences~ jL.@~ B|  zG>@  ~  r33333M%Change in valuation allowance~  ףp= #@~ N  (\  ~  wQn Stock-based compensation~ q= ףL~   p= ף'@  ~  :p= kgTax reserve adjustments~ 7HzGe@~   33333S@  ~  xp= rDeemed dividend~ Z{G=@~ Β  9@  ~  QfaU.S. Tax Toll Charge~  ףp=8@ -   -    - -Intra-entity transfer~ Q D@ -   -    - -*"Other income tax (expense) benefit~ 6 ףp= ~ Z  HzG  ~  $)\xT@~ ~p= t@ %~ R  Gzd@  % ~  j~  %   Dlwk_dzr !=Z !"#$ !$"____________________________1#)Created by Morningstar Document Research.0$(http://documentresearch.morningstar.com/ P=PF0*8X> @7$$##""                          l  *$  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } U5} $ *      Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries           Fiscal Year ~  ~ # Deferred income tax assets:    Inventory reserve~   ~  Equity compensation~ rM~ )!Net operating loss carry-forwards~ B~ y"Research and other credits~ fi~ Employee benefits~ ~ Other deferred assets~ ~ l( Total deferred income tax assets~ - ~ iValuation allowance~ vc~ 0(Total deferred income tax assets, net of~ z~ Zdvaluation allowance( Deferred income tax liabilities:,$Amortization and purchase accounting~ ~ *:basis difference1)Accumulated depreciation/basis difference~ !~ l-%Total deferred income tax liabilities~ ~ +#Net deferred income tax liabilities~ :~ ^ 4,Amounts included in the Consolidated BalanceD lwk_]4qE21Q !"#$%&'() Sheets:!Non-current assets~ !]!!~ !:!"Non-current liabilities~ "R&""~ "&"####+$#Net deferred income tax liabilities~ $:$$~ $^ $%&$'____________________________1()Created by Morningstar Document Research.0)(http://documentresearch.morningstar.com/,uM=PF0*8X> @2&))((''$$$$""""!!!!      l  b  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } $4}  $                           Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries               Fiscal Year ~  ~  ~  Beginning balance~ އ  ~ 6  ~  / 'Additions based on positions related to~   ~ 9  ~ z  current year2*Additions for tax positions in prior years~ R[~ Z~  * 3+Reductions for tax positions in prior years~ ~ ~  . ,$Expiration of statute of limitations -~ ~   Ending balance~ ~ އ~  6 $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4wk_^B*\=PF0*8X> @              l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 2}  $                                  Qorvo, Inc. 10-K 05/21/201813. NET LOSS PER SHARE              For Fiscal Year ~  ~  ~   Numerator:     0 (Numerator for basic and diluted net loss~   ~ J  ~ N= 0(per share - net loss available to common stockholders Denominator: 0(Denominator for basic net loss per share~ ~ F~  Ʃ !- weighted average shares&Effect of dilutive securities: Stock-based awards - -  - 2*Denominator for diluted net loss per share~ ~ F~  Ʃ .&- adjusted weighted average shares andassumed conversions Basic net loss per share{GzԿp= ף ɿ "Diluted net loss per share{GzԿp= ף ɿ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/B X}qe`t@(:.`A=PF0*8X> @             l  L-  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } $4} $} $ } 0.} $                               Qorvo, Inc. 10-K 05/21/2018`XA summary of activity of the Company s director and employee stock option plans follows:               Shares   Weighted- . &Weighted-Average Remaining Contractual   Aggregate  (in thousands)  Average  Term (in years)   Intrinsic     Exercise    Value     Price    (in thousands)'Outstanding as of April 1, 2017~ FAQ3@  Granted - -   Exercised~ R3@  Canceled~ GzD@   Forfeited~ = ףp3@  ( Outstanding as of March 31, 2018~ ((\4@Q @ ~   3+Vested and expected to vest as of March 31,~ ((\4@Q @ ~   ~ 0(Options exercisable as of March 31, 2018~ ( ףp=3@Q @ ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/< SG;/#\dPW2q=PF0*8X> @             l  =  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 0.}  } $ }  } $ } $       Qorvo, Inc. 10-K 05/21/2018`XA summary of activity of the Company s director and employee stock option plans follows:           Fiscal Year ~  ~  ~  Expected volatility N/A  N/A  ffffffE@ % Expected dividend yield N/A  N/A ~  % Expected term (in years) N/A N/A@Risk-free interest rate N/A N/A? %.&Weighted-average grant-date fair value N/A N/A(\O@@,$of options granted during the period$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0SG;/#Rjz=PF0*8X> @R      l  L  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } }  } $       Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries         Shares  Weighted-Average  (in thousands)   Grant-Date      Fair Value Balance at April 1, 2017~ %  ~  Granted~ {G*Q@Vested~ vfffff&I@ Forfeited~ = ףpL@!Balance at March 31, 2018~ ."{GM@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2wk_ }7|&dXL$=PF0*8X> @j        l  'Z  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8) Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 0.}        Qorvo, Inc. 10-K 05/21/20181)Common Stock Reserved For Future Issuance  . &Outstanding stock options under formal~ (. &directors? and employees? stock option plans. &Possible future issuance under Company~ astock incentive plans$Employee stock purchase plan~ G,$Restricted stock-based units granted~ ."Total shares reserved~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2vj^R:wV s=PF0*8X> @ l  n  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } <(}  $                                  Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries               Fiscal Year ~  ~  ~  Revenue:      MP~    ~   ~ (  IDP~ > 0~ X'~    All other (1)~ <~ <~  <  Total revenue~ }~ ~  X Income from operations:  MP~ !~ F!~  $  IDP~ c~ nO ~  J  All other~ [~ >@~   Income from operations~ *J~ _~   Interest expense~ ]~ h~   Interest income~ m~ ~  R  Other (expense) income~ ~ ~  Jd )!Income (loss) before income taxes~  ~ ~  J $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BW Xwk_^%'TdZQ~=PF0*8X> @Z+                   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } $4}  $                             Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries               Fiscal Year ~  ~  ~ / 'Reconciliation of ?All other? category:     (  Stock-based compensation expense~    ~ Γ  ~ | )!Amortization of intangible assets~ z~ 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Subsidiaries               Fiscal Year ~  ~  ~  Revenue:       United States~    ~ ^  ~ b  International~ z~ ~  : $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,)|wk_^=PF0*8X> @j          l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND 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Research.0(http://documentresearch.morningstar.com/,|wk__}ymE=PF0*8X> @z          l  4  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and 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V..~ .>./0$1____________________________12)Created by Morningstar Document Research.03(http://documentresearch.morningstar.com/, |d 'V & @332211...... .. ..------ -- --,,,,,, ,, ,,++++++ ++ ++)))))) )) ))(((((( (( (('''''' '' ''&&&&&& && &&%%%%%% %% %%$$$$$$ $$ $$###### ## ##"""""" "" ""                                       l  4c  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 2} $ 4      Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries                     - %Condensed Consolidating Balance Sheet   April 1, 2017 (in thousands) Parent Company  Guarantor Subsidiaries " Non-Guarantor Subsidiaries * "Eliminations and Reclassifications   Consolidated ASSETS         Current assets:   !Cash and cash equivalents $-~ * ~  |    $-~ J!+#Accounts receivable, less allowance -~ J~  P    -~ 2*Intercompany accounts and notes receivable -~ .~  ;  ~   - Inventories -~ f~    ~  z~ EPrepaid expenses -~ ~  vp    -~ 6Other receivables -~ q~  b    -~ ~Other current assets -~ ~  j     -~ bTotal current assets -~  5~  ?  ~  bi~ 5Y#Property and equipment, net -~ A~  z8  ~  ~ TGoodwill -~ VzD~  5@    -~ jIntangible assets, net -~  $~  0    -~ {ULong-term investments -~ Ε~  Δ    -~ *1)Long-term intercompany accounts and notes -~ Q~  zr  ~  ; - receivable"Investment in subsidiaries~ v~ 2u  -  ~  2 - Other non-current assets~ "~ ~    ~  ~  Total assets~  |~ *\~    ~  ~ NDlwk_o2 ?`zIx 9T>h !"#$%&'()*+,-./0123, $LIABILITIES AND STOCKHOLDERS? EQUITY         !Current liabilities:!!!!! ! ! !!"Accounts payable "$-""~ """~ " _" "  " $-""~ "2 "/#'Intercompany accounts and notes payable #-##~ #;##~ # .# # ~ # ## #-#$Accrued liabilities~ $i$$~ $R$$~ $ Z.$ $  $ -$$~ $bi $!%Other current liabilities %-%%~ %%%~ % % %  % -%%~ %%!&Total current liabilities~ &i&&~ &&&~ & o"& & ~ & &&~ &2&'Long-term debt~ '_<'' '-'' ' -' '  ' -''~ '_<' (Deferred tax liabilities (-((~ (Rt ((~ ( ( ( ~ ( ((~ ((1))Long-term intercompany accounts and notes~ )c))~ )zr))~ ) ) ) ~ ) ;)) )-)*payable#+Other long-term liabilities +-++~ +#++~ + Z+ +  + -++~ +rA+,Total liabilities~ ,>-Q,,~ ,$,,~ , $0, , ~ , j,,~ ,8c,"-Total stockholders? equity~ -J*--~ -Vqx--~ - 2u- - ~ - ~--~ -J*-2.*Total liabilities and stockholders? equity~ . |..~ .*\..~ . . . ~ . ..~ .N./0$1____________________________12)Created by Morningstar Document Research.03(http://documentresearch.morningstar.com/, |d 'W '=nn=PF0*8X> @332211...... .. ..------ -- --,,,,,, ,, ,,++++++ ++ ++)))))) )) ))(((((( (( (('''''' '' ''&&&&&& && &&%%%%%% %% %%$$$$$$ $$ $$###### ## ##"""""" "" ""                                       l  %j&'  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } *} $ %      Qorvo, Inc. 10-K 05/21/2018Statement of Operations                     , $Condensed Consolidating Statement of 2 *Operations and Comprehensive (Loss) Income  Fiscal Year 2018 (in thousands) Parent Company  Guarantor Subsidiaries " Non-Guarantor Subsidiaries * "Eliminations and Reclassifications   ConsolidatedRevenue $-~ qE~  2*  ~  v~ }Cost of goods sold -~ B2~  6i  ~  ~ *|o Gross profit -~ ~  ^:  ~  b-~ ZFOperating expenses:    Research and development~ ~ V~  vR  ~  ~ *+#Selling, general and administrative~ *o~ f,~  X  ~  A~ 6 Other operating expense~ 2 ~ u~  ^  ~  ~ ZV Total operating expenses~ (~ :~  ~}-  ~  ~ 2A%Income (loss) from operations~  ~ f~  u   ~  ~ *JInterest expense~ s~ r~  ~  ~  %~ ]Interest income -~ "*~  ~i  ~   ~ mOther (expense) income~ ~~ 6~    ~  ~ )!Income (loss) before income taxes~ 2<~ *~  ҽ   ~  ~  Income tax expense~ ~ z ~  r    -~ ~Income in subsidiaries~ N~ ^0   -  ~   -Net (loss) income~ ~ 9~  ^0   ~  ~    #Comprehensive (loss) income~ ʢ~ Y~  \   ~  zI~ ʢDl|pdt8H=hIj !"#$ !$"____________________________1#)Created by Morningstar Document Research.0$(http://documentresearch.morningstar.com/ P=PF0*8X> @[$$##""                                        l  %F)H  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } *} $ %      Qorvo, Inc. 10-K 05/21/2018Statement of Operations                     , $Condensed Consolidating Statement of 2 *Operations and Comprehensive (Loss) Income  Fiscal Year 2017 (in thousands) Parent Company  Guarantor Subsidiaries " Non-Guarantor Subsidiaries * "Eliminations and Reclassifications   ConsolidatedRevenue $-~ ~  F'  ~  6~ Cost of goods sold -~ ;~  {  ~  6~ s Gross profit -~ ~  6  ~  ~ bNEOperating expenses:    Research and development~ (~ Z~  q  ~  ~ Ҽ+#Selling, general and administrative~ fC~ ny~    ~  ~ L!Other operating expense -~ ~  f  ~  nf~  Total operating expenses~ 2l~ ~  0  ~  ~ v?%Income (loss) from operations~ ғ~ ~     ~  n~ _Interest expense~ ~ ~    ~  A~ hInterest income -~ E~     ~  r~ Other (expense) income -~ ~    ~  Z~ )!Income (loss) before income taxes~ ~ B~    ~   ~ $Income tax (expense) benefit~ ~ ~  .j    -~ RIncome in subsidiaries~ ~ 1  -  ~   -Net (loss) income~ J~ ~  1  ~  ~ J   #Comprehensive (loss) income~ ~ z~    ~  ~ Dl|pdt8H=iKl !"#$ !$"____________________________1#)Created by Morningstar Document Research.0$(http://documentresearch.morningstar.com/ P=PF0*8X> @[$$##""                                        l  %>gh  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } *} $ %      Qorvo, Inc. 10-K 05/21/2018Statement of Operations                     , $Condensed Consolidating Statement of 2 *Operations and Comprehensive (Loss) Income  Fiscal Year 2016 (in thousands) Parent Company  Guarantor Subsidiaries " Non-Guarantor Subsidiaries * "Eliminations and Reclassifications   ConsolidatedRevenue $-~ z~    ~  o~ XCost of goods sold -~ l~  z}  ~  ^t~ VI_ Gross profit -~ x~  "*  ~  .~ F@Operating expenses:    Research and development~ Z~ ~  n  ~  *8~ c+#Selling, general and administrative~ j~ D ~  F  ~  Z~ N Other operating expense -~ ~  >&  ~  ~ W Total operating expenses~ ~ ~  (  ~  5~ FT?%Income (loss) from operations~ |~ "~  6  ~  ~ Interest expense~ ~ 6~    ~  >~ Interest income -~ j)~  .  ~  ~ R Other income (expense) -~ nU~  Z  ~  ~ Jd)!(Loss) income before income taxes~ %~ *~  &  ~   ~ J$Income tax (expense) benefit~ ~ ~      -~ jIncome in subsidiaries~ g~   -  ~   -Net (loss) income~ N=~ ~    ~  n~ N=   #Comprehensive (loss) income~ J~ *z~  :  ~  ~ JDl|pdt8H=iKl !"#$ !$"____________________________1#)Created by Morningstar Document Research.0$(http://documentresearch.morningstar.com/ P=PF0*8X> @[$$##""                                        l  ,  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } I;} $ ,      Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries                     , $Condensed Consolidating Statement of   Cash Flows  Fiscal Year 2018 (in thousands) Parent Company  Guarantor Subsidiaries " Non-Guarantor Subsidiaries * "Eliminations and Reclassifications   Consolidated1)Net cash provided by operating activities~  ~  ~      $-~ 4Investing activities:   *"Purchase of property and equipment -~ R'~  `    -~ ևOther investing -~ Bd~  j%    -~ -%Net transactions with related parties -~ ~  r  ~   -0(Net cash (used in) provided by investing -~ fe~  ^   ~  ~ ~ activitiesFinancing activities:   $Proceeds from debt issuances~  -  -    -~ Payment of debt~ l -  -    -~ lDebt issuance costs~  -  -    -~ 2*Proceeds from the issuance of common stock~  -  -    -~ -%Repurchase of common stock, including~  -  -    -~ transaction costs3+Tax withholding paid on behalf of employees~ } -  -    -~ }"for restricted stock units-%Net transactions with related parties -~ ~  .  ~  Fa -0(Net cash (used in) provided by financing~ B~ ~  .  ~  Fa~ BD3lwk_o3q= : !"#$%&'()*+  activities/!'Effect of exchange rate changes on cash !-!! !-!!~ ! $! !  ! -!!~ !$!9"1Net increase (decrease) in cash, cash equivalents "-""~ """~ " ^" "  " -""~ ">;"#and restricted cash-$%Cash, cash equivalents and restricted $-$$~ $* $$~ $ $ $  $ -$$~ $O!$+%#cash at the beginning of the period-&%Cash, cash equivalents and restricted &$-&&~ & i&&&~ & "& &  & $-&&~ & 8&%'cash at the end of the period($)____________________________1*)Created by Morningstar Document Research.0+(http://documentresearch.morningstar.com/ =PF0*8X> @`++**))&&&&&& && &&$$$$$$ $$ $$"""""" "" ""!!!!!! !! !!                                  l  /  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } C} $ /      Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries                     , $Condensed Consolidating Statement of   Cash Flows  Fiscal Year 2017 (in thousands) Parent Company  Guarantor Subsidiaries " Non-Guarantor Subsidiaries * "Eliminations and Reclassifications   Consolidated1)Net cash provided by operating activities~ r ~ ҽ ~     ~ i/Investing activities:   1)Purchase of available-for-sale securities -~   -    -~ @8Proceeds from maturities and sales of available-for-sale -~ f   -    -~ f  securities4,Purchase of a business, net of cash acquired - -~  Z    -~ Z*"Purchase of property and equipment -~ F~  '    -~  DOther investing -~ R=~  Re    -~ -%Net transactions with related parties -~   -  ~  8 --%Net cash used in investing activities -~ ~  nY  ~  8~ RFinancing activities:   2*Excess tax benefit from exercises of stock~  -  -    -~ options2*Proceeds from the issuance of common stock~ 2 -  -    -~ 2-%Repurchase of common stock, including~ 8 -  -    -~ 8transaction costs3+Tax withholding paid on behalf of employees~   -  -    -~  "for restricted stock unitsDlwk_o34R !"#$%&'()*+,-. Other financing -  ~ :  ~    -  ~ * -!%Net transactions with related parties !-!!~ !!!~ ! * ! ! ~ ! !! !-!0"(Net cash (used in) provided by financing~ """~ """~ "  " " ~ " ""~ ""# activities/$'Effect of exchange rate changes on cash $-$$ $-$$~ $ $ $  $ -$$~ $$.%&Net increase in cash, cash equivalents %-%%~ %V%%~ % % %  % -%%~ %N%&and restricted cash-'%Cash, cash equivalents and restricted '-''~ 'fw ''~ ' ։ ' '  ' -''~ ':'+(#cash at the beginning of the period-)%Cash, cash equivalents and restricted )$-))~ )* ))~ ) ) )  ) $-))~ )O!)%*cash at the end of the period+$,____________________________1-)Created by Morningstar Document Research.0.(http://documentresearch.morningstar.com/"p5TnXvueYM%=PF0*8X> @Ji..--,,)))))) )) ))'''''' '' ''%%%%%% %% %%$$$$$$ $$ $$"""""" "" ""!!!!!! !! !!                                   l  0cS  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!18 QUARTERLY FINANCIAL SUMMARY  EXHIBIT 21U } 7} $ 0      Qorvo, Inc. 10-K 05/21/2018$Qorvo, Inc. and Subsidiaries                     , $Condensed Consolidating Statement of   Cash Flows  Fiscal Year 2016 (in thousands) Parent Company  Guarantor Subsidiaries " Non-guarantor Subsidiaries * "Eliminations and Reclassifications   Consolidated1)Net cash provided by operating activities~ .E~ N~  f     $-~ )Investing activities:   1)Purchase of available-for-sale securities -~ F7    -~ F76.Proceeds from maturities of available-for-sale -~     -~  securities*"Purchase of property and equipment -~ ~      -~ bOther investing -~ 7~       -~ ;-%Net cash used in investing activities -~ nK~      -~ Financing activities:   $Proceeds from debt issuances~ bG -  -    -~ bGPayment of debt~ Q  -    -~ Q2*Excess tax benefit from exercises of stock~  -  -    -~ optionsDebt issuance costs~ + -  -    -~ +2*Proceeds from the issuance of common stock~ * -  -    -~ *-%Repurchase of common stock, including~ ^ -  -    -~ ^transaction costs3+Tax withholding paid on behalf of employees~  -  -    -~ Dlwk_o30*Id !"#$%&'()*+,-./" for restricted stock units!Other financing !-!!~ !!!~ ! ! !  ! -!!~ !!-"%Net transactions with related parties "-""~ """~ " b" "  " -"" "-"0#(Net cash (used in) provided by financing~ #ֺ##~ ###~ #  # #  # -##~ #b#$ activities/%'Effect of exchange rate changes on cash %-%% %-%%~ % j% %  % -%%~ %j%.&&Net increase in cash, cash equivalents &-&&~ &> &&~ & & &  & -&&~ &&'and restricted cash-(%Cash, cash equivalents and restricted (-((~ (*l ((~ ( V( (  ( -((~ (~Q(+)#cash at the beginning of the period-*%Cash, cash equivalents and restricted *$-**~ *fw **~ * ։ * *  * $-**~ *:*%+cash at the end of the period,$-____________________________1.)Created by Morningstar Document Research.0/(http://documentresearch.morningstar.com/$,/J4RpQpA^5)=PF0*8X> @bl//..--****** ** **(((((( (( ((&&&&&& && &&%%%%%% %% %%###### ## ##"""""" "" ""!!!!!! !! !!                                l  "_  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18) EXHIBIT 21U } I"} $ } } $ } } $ } } $ }  "      Qorvo, Inc. 10-K 05/21/20184,18. QUARTERLY FINANCIAL SUMMARY (UNAUDITED):                  Fiscal 2018 Quarter         (in thousands, except         per share data) First  Second  Third  Fourth  Revenue~ '  ~ >%2  ~ 3  ~ (   Gross profit~ fm~ ~  ~  ~  kNet (loss) income~ !~ ~ >1~ ~   ~  ~  <~ $Net (loss) income per share:    BasicQοQ? p= ףп   DilutedQοHzG? p= ףп      Fiscal 2017 Quarter   (in thousands, except   per share data) FirstSecond  Third  FourthRevenue~ *~ 4~  o2  ~  >' Gross profit~ ~ U~    ~  "Net (loss) income~ V~ ~ ~ ~  J3 ~  ~  i~ $Net (loss) income per share:    Basic{Gz ףp= ? ףp=    )\(?Diluted{Gz ףp= ? ףp=    Q?$____________________________Dlsg[OGRrr6A !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @3!!                            l  9  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??6!SECURITIES AND EXCHANGE COMMISS!SECURITIES AND EXCHANGE COM (1)!DOCUMENTS INCORPORATED BY REFERGeographic Financial Summary!ITEM 5 MARKET FOR REGISTRANTS CPERFORMANCE GRAPH Purchases of Equity Securities ITEM 6 SELECTED FINANCIAL DATA ConsolidatedMobile Products!Infrastructure and Defense Prod!OTHER EXPENSE INCOME AND INCOMECONTRACTUAL OBLIGATIONSCommodity PricesQorvo Inc and Subsidiaries Qorvo Inc and Subsidiaries (1) Qorvo Inc and Subsidiaries (2)!Consolidated Statements of Stoc!Consolidated Statements of Cash!2 CONCENTRATIONS OF CREDIT RISK InvestmentsInvestments (1)!Recurring Fair Value Measuremen 4 INVENTORIES5 PROPERTY AND EQUIPMENT!7 GOODWILL AND INTANGIBLE ASSET!7 GOODWILL AND INTANGIBLE A (1)!7 GOODWILL AND INTANGIBLE A (2)8 DEBT Qorvo Inc and Subsidiaries (3) Income Taxes Qorvo Inc and Subsidiaries (4) Qorvo Inc and Subsidiaries (5) Qorvo Inc and Subsidiaries (6) Qorvo Inc and Subsidiaries (7)13 NET LOSS PER SHARE!A summary of activity of the Co!A summary of activity of th (1) Qorvo Inc and Subsidiaries (8)!Common Stock Reserved For Futur Qorvo Inc and Subsidiaries (9)!Qorvo Inc and Subsidiaries (10)!Qorvo Inc and Subsidiaries (11)!Qorvo Inc and Subsidiaries (12)!Qorvo Inc and Subsidiaries (13)!Qorvo Inc and Subsidiaries (14)!Qorvo Inc and Subsidiaries (15)Statement of OperationsStatement of Operations (1)Statement of Operations (2)!Qorvo Inc and Subsidiaries (16)!Qorvo Inc and Subsidiaries (17)!Qorvo Inc and Subsidiaries (18)!18 QUARTERLY FINANCIAL SUMMARY U } a/} $ } U5 9      Qorvo, Inc. 10-K 05/21/2018 EXHIBIT 21    Name 4 ,State or Other Jurisdiction of Incorporation  RFMD, LLC  North Carolina/ 'RFMD Infrastructure Product Group, Inc.  North Carolina) !Qorvo International Holding, Inc.  North Carolina Qorvo UK Ltd.United KingdomRFMD (UK) LimitedUnited Kingdom&Qorvo Netherlands Holding B.V.The NetherlandsQorvo Netherlands B.V.The Netherlands$RF Micro Devices, Svenska ABSwedenQorvo Denmark ApSDenmarkQorvo Finland OyFinlandQorvo Korea Ltd. KoreaQorvo Beijing Co., Ltd."People?s Republic of China$Qorvo Hong Kong Pvt. Limited Hong KongXemod Incorporated California*"Qorvo International Services, Inc.Delaware+#Premier Devices - A Sirenza Company California"Qorvo Germany Holding GmbHGermanyQorvo Germany GmbHGermany-%Radio Frequency Micro Devices (India) IndiaPrivate Limited"Amalfi Semiconductor, Inc.DelawareD. l}qMe?t9b"> !"#$%&'()*+,-./012345678" Amalfi Semiconductor, Ltd.  Cayman Islands!!Qorvo Singapore Pte. Ltd.!! Singapore"Qorvo Dezhou Co., Ltd."""People?s Republic of China#Qorvo US, Inc.##Delaware$Qorvo Oregon, Inc.$$Oregon%Qorvo Munich GmbH%%Germany&Qorvo Costa Rica S.R.L.&& Costa Rica'Qorvo Asia LLC''Delaware%(Qorvo International Pte. Ltd.(( Singapore)Qorvo Malaysia Sdn Bhd))Malaysia*Qorvo Japan YK* *Japan+Qorvo Shanghai Ltd.+ +China,Qorvo Texas, LLC, ,Texas$-Qorvo Europe Holding Company--Delaware.TriQuint WJ, Inc...Delaware/ WJ Newco LLC//Delaware0Qorvo California, Inc.00 California1Qorvo Utrecht, B.V.11The Netherlands2Qorvo Belgium NV22Belgium3Qorvo Hong Kong Limited33 Hong Kong45$6____________________________17)Created by Morningstar Document Research.08(http://documentresearch.morningstar.com/6nh#]&i,j/=PF0*8X> @887766 Root Entry FBook  +  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~