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Side-by-side financial comparison of BANK OF MONTREAL (BMO) and Qualcomm (QCOM). Click either name above to swap in a different company.

Qualcomm is the larger business by last-quarter revenue ($12.3B vs $7.2B, roughly 1.7× BANK OF MONTREAL). BANK OF MONTREAL runs the higher net margin — 25.3% vs 24.5%, a 0.8% gap on every dollar of revenue. Qualcomm produced more free cash flow last quarter ($4.4B vs $1.0B).

The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.

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.

BMO vs QCOM — Head-to-Head

Bigger by revenue
QCOM
QCOM
1.7× larger
QCOM
$12.3B
$7.2B
BMO
Higher net margin
BMO
BMO
0.8% more per $
BMO
25.3%
24.5%
QCOM
More free cash flow
QCOM
QCOM
$3.4B more FCF
QCOM
$4.4B
$1.0B
BMO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BMO
BMO
QCOM
QCOM
Revenue
$7.2B
$12.3B
Net Profit
$1.8B
$3.0B
Gross Margin
54.6%
Operating Margin
27.5%
Net Margin
25.3%
24.5%
Revenue YoY
5.0%
Net Profit YoY
-5.5%
EPS (diluted)
$2.78

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BMO
BMO
QCOM
QCOM
Q1 26
$7.2B
Q4 25
$12.3B
Q3 25
$6.6B
$11.3B
Q2 25
$6.3B
$10.4B
Q1 25
$11.0B
Q4 24
$11.7B
Q3 24
$10.2B
Q2 24
$9.4B
Net Profit
BMO
BMO
QCOM
QCOM
Q1 26
$1.8B
Q4 25
$3.0B
Q3 25
$1.7B
$-3.1B
Q2 25
$1.4B
$2.7B
Q1 25
$2.8B
Q4 24
$3.2B
Q3 24
$2.9B
Q2 24
$2.1B
Gross Margin
BMO
BMO
QCOM
QCOM
Q1 26
Q4 25
54.6%
Q3 25
55.3%
Q2 25
55.6%
Q1 25
55.0%
Q4 24
55.8%
Q3 24
56.4%
Q2 24
55.6%
Operating Margin
BMO
BMO
QCOM
QCOM
Q1 26
Q4 25
27.5%
Q3 25
25.9%
Q2 25
26.6%
Q1 25
28.4%
Q4 24
30.5%
Q3 24
25.2%
Q2 24
23.6%
Net Margin
BMO
BMO
QCOM
QCOM
Q1 26
25.3%
Q4 25
24.5%
Q3 25
25.9%
-27.7%
Q2 25
22.6%
25.7%
Q1 25
25.6%
Q4 24
27.3%
Q3 24
28.5%
Q2 24
22.7%
EPS (diluted)
BMO
BMO
QCOM
QCOM
Q1 26
Q4 25
$2.78
Q3 25
$-2.77
Q2 25
$2.43
Q1 25
$2.52
Q4 24
$2.83
Q3 24
$2.57
Q2 24
$1.88

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BMO
BMO
QCOM
QCOM
Cash + ST InvestmentsLiquidity on hand
$49.2B
$11.8B
Total DebtLower is stronger
$14.8B
Stockholders' EquityBook value
$62.6B
$23.1B
Total Assets
$1064.4B
$53.0B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMO
BMO
QCOM
QCOM
Q1 26
$49.2B
Q4 25
$11.8B
Q3 25
$42.8B
$10.2B
Q2 25
$47.7B
$10.0B
Q1 25
$13.8B
Q4 24
$14.3B
Q3 24
$13.3B
Q2 24
$13.0B
Total Debt
BMO
BMO
QCOM
QCOM
Q1 26
Q4 25
$14.8B
Q3 25
$14.8B
Q2 25
$14.8B
Q1 25
$13.3B
Q4 24
$13.2B
Q3 24
$13.3B
Q2 24
$13.2B
Stockholders' Equity
BMO
BMO
QCOM
QCOM
Q1 26
$62.6B
Q4 25
$23.1B
Q3 25
$63.3B
$21.2B
Q2 25
$62.7B
$27.2B
Q1 25
$27.7B
Q4 24
$26.9B
Q3 24
$26.3B
Q2 24
$24.7B
Total Assets
BMO
BMO
QCOM
QCOM
Q1 26
$1064.4B
Q4 25
$53.0B
Q3 25
$1045.0B
$50.1B
Q2 25
$1051.4B
$54.9B
Q1 25
$55.4B
Q4 24
$55.6B
Q3 24
$55.2B
Q2 24
$52.7B
Debt / Equity
BMO
BMO
QCOM
QCOM
Q1 26
Q4 25
0.64×
Q3 25
0.70×
Q2 25
0.54×
Q1 25
0.48×
Q4 24
0.49×
Q3 24
0.51×
Q2 24
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BMO
BMO
QCOM
QCOM
Operating Cash FlowLast quarter
$1.3B
$5.0B
Free Cash FlowOCF − Capex
$1.0B
$4.4B
FCF MarginFCF / Revenue
14.4%
36.0%
Capex IntensityCapex / Revenue
3.9%
4.5%
Cash ConversionOCF / Net Profit
0.72×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$12.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMO
BMO
QCOM
QCOM
Q1 26
$1.3B
Q4 25
$5.0B
Q3 25
$-3.1B
$4.0B
Q2 25
$-2.3B
$2.9B
Q1 25
$2.6B
Q4 24
$4.6B
Q3 24
$2.6B
Q2 24
$3.1B
Free Cash Flow
BMO
BMO
QCOM
QCOM
Q1 26
$1.0B
Q4 25
$4.4B
Q3 25
$-3.4B
$3.6B
Q2 25
$-2.7B
$2.6B
Q1 25
$2.3B
Q4 24
$4.3B
Q3 24
$2.4B
Q2 24
$2.7B
FCF Margin
BMO
BMO
QCOM
QCOM
Q1 26
14.4%
Q4 25
36.0%
Q3 25
-51.3%
31.8%
Q2 25
-41.8%
24.9%
Q1 25
21.3%
Q4 24
36.9%
Q3 24
23.3%
Q2 24
28.4%
Capex Intensity
BMO
BMO
QCOM
QCOM
Q1 26
3.9%
Q4 25
4.5%
Q3 25
4.5%
3.6%
Q2 25
5.1%
2.8%
Q1 25
1.9%
Q4 24
2.4%
Q3 24
2.5%
Q2 24
4.1%
Cash Conversion
BMO
BMO
QCOM
QCOM
Q1 26
0.72×
Q4 25
1.65×
Q3 25
-1.81×
Q2 25
-1.63×
1.08×
Q1 25
0.91×
Q4 24
1.44×
Q3 24
0.91×
Q2 24
1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BMO
BMO

Segment breakdown not available.

QCOM
QCOM

Handsets$7.8B64%
Io T$1.7B14%
Qtl$1.6B13%
Automotive$1.1B9%

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