QualcommQCOMEarnings & Financial Report
Qualcomm Incorporated is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. It creates semiconductors, software and services related to wireless technology. It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards.
Revenue
$10.4B
Gross Profit
$5.8B
Operating Profit
$2.8B
Net Profit
$2.7B
Gross Margin
55.6%
Operating Margin
26.6%
Net Margin
25.7%
YoY Growth
10.3%
EPS
$2.43
Qualcomm Q3 FY2025 Financial Summary
Qualcomm reported revenue of $10.4B (up 10.3% YoY) for Q3 FY2025, with a net profit of $2.7B (up 25.2% YoY) (25.7% margin). Cost of goods sold was $4.6B, operating expenses totaled $3.0B.
Key Financial Metrics
| Total Revenue | $10.4B |
|---|---|
| Net Profit | $2.7B |
| Gross Margin | 55.6% |
| Operating Margin | 26.6% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Qualcomm Q3 FY2025 revenue of $10.4B breaks down across 4 segments, led by Handsets at $6.3B (61.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Handsets | $6.3B | 61.1% |
| Io T | $1.7B | 16.2% |
| Qtl | $1.3B | 12.7% |
| Automotive | $984.0M | 9.5% |
Qualcomm Revenue by Segment — Quarterly Trend
Qualcomm revenue by segment across the last 4 reported quarters, showing how each business line (such as Handsets and Io T) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Handsets | — | $7.8B | — | $6.3B |
| Io T | — | $1.7B | — | $1.7B |
| Qtl | — | $1.6B | $1.4B | $1.3B |
| Automotive | — | $1.1B | — | $984.0M |
Qualcomm Annual Revenue by Year
Qualcomm annual revenue history includes year-by-year totals (for example, 2025 revenue was $44.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $44.3B |
| 2024 | $39.0B |
| 2023 | $35.8B |
| 2022 | $44.2B |
Qualcomm Quarterly Revenue & Net Profit History
Qualcomm results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $10.6B | -3.5% | $7.4B | 69.5% |
| Q1 FY2026 | $12.3B | +5.0% | $3.0B | 24.5% |
| Q4 FY2025 | $11.3B | +10.0% | $-3.1B | -27.7% |
| Q3 FY2025 | $10.4B | +10.3% | $2.7B | 25.7% |
| Q2 FY2025 | $11.0B | +16.9% | $2.8B | 25.6% |
| Q1 FY2025 | $11.7B | +17.5% | $3.2B | 27.3% |
| Q4 FY2024 | $10.2B | +18.7% | $2.9B | 28.5% |
| Q3 FY2024 | $9.4B | +11.1% | $2.1B | 22.7% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.39B | $10.24B | $11.67B | $10.98B | $10.37B | $11.27B | $12.25B | $10.60B |
| YoY Growth | 11.1% | 18.7% | 17.5% | 16.9% | 10.3% | 10.0% | 5.0% | -3.5% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $52.74B | $55.15B | $55.58B | $55.37B | $54.86B | $50.14B | $53.03B | $57.14B |
| Liabilities | $28.07B | $28.88B | $28.70B | $27.64B | $27.65B | $28.94B | $29.96B | $29.86B |
| Equity | $24.67B | $26.27B | $26.88B | $27.73B | $27.21B | $21.21B | $23.07B | $27.28B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.05B | $2.65B | $4.59B | $2.55B | $2.88B | $4.00B | $4.96B | $7.41B |