• Qorvo average operating margin for 2023 was 0.02%, a 99.91% increase from 2022.
• Qorvo average operating margin for 2022 was 21.37%, a 17.2% decline from 2021.
• Qorvo average operating margin for 2021 was 25.81%, a 64.6% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.