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Side-by-side financial comparison of Quanta Services (PWR) 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 $7.8B, roughly 1.6× Quanta Services). Qualcomm runs the higher net margin — 24.5% vs 4.0%, a 20.5% gap on every dollar of revenue. On growth, Quanta Services posted the faster year-over-year revenue change (19.7% vs 5.0%). Qualcomm produced more free cash flow last quarter ($4.4B vs $934.0M). Over the past eight quarters, Quanta Services's revenue compounded faster (24.8% CAGR vs 14.2%).

Quanta Services is a U.S. corporation that provides infrastructure services for the electric power, pipeline, industrial and communications industries. Its capabilities include planning, design, installation, program management, maintenance and repair of most types of network infrastructure. The company has grown organically since its founding, but it has also acquired over 150 companies in the electrical contracting industry.

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.

PWR vs QCOM — Head-to-Head

Bigger by revenue
QCOM
QCOM
1.6× larger
QCOM
$12.3B
$7.8B
PWR
Growing faster (revenue YoY)
PWR
PWR
+14.7% gap
PWR
19.7%
5.0%
QCOM
Higher net margin
QCOM
QCOM
20.5% more per $
QCOM
24.5%
4.0%
PWR
More free cash flow
QCOM
QCOM
$3.5B more FCF
QCOM
$4.4B
$934.0M
PWR
Faster 2-yr revenue CAGR
PWR
PWR
Annualised
PWR
24.8%
14.2%
QCOM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PWR
PWR
QCOM
QCOM
Revenue
$7.8B
$12.3B
Net Profit
$316.6M
$3.0B
Gross Margin
15.5%
54.6%
Operating Margin
6.2%
27.5%
Net Margin
4.0%
24.5%
Revenue YoY
19.7%
5.0%
Net Profit YoY
2.0%
-5.5%
EPS (diluted)
$2.08
$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
PWR
PWR
QCOM
QCOM
Q4 25
$7.8B
$12.3B
Q3 25
$7.6B
$11.3B
Q2 25
$6.8B
$10.4B
Q1 25
$6.2B
$11.0B
Q4 24
$6.6B
$11.7B
Q3 24
$6.5B
$10.2B
Q2 24
$5.6B
$9.4B
Q1 24
$5.0B
$9.4B
Net Profit
PWR
PWR
QCOM
QCOM
Q4 25
$316.6M
$3.0B
Q3 25
$339.4M
$-3.1B
Q2 25
$229.3M
$2.7B
Q1 25
$144.3M
$2.8B
Q4 24
$310.3M
$3.2B
Q3 24
$293.2M
$2.9B
Q2 24
$188.2M
$2.1B
Q1 24
$118.4M
$2.3B
Gross Margin
PWR
PWR
QCOM
QCOM
Q4 25
15.5%
54.6%
Q3 25
15.9%
55.3%
Q2 25
14.9%
55.6%
Q1 25
13.4%
55.0%
Q4 24
16.2%
55.8%
Q3 24
15.6%
56.4%
Q2 24
14.5%
55.6%
Q1 24
12.4%
56.3%
Operating Margin
PWR
PWR
QCOM
QCOM
Q4 25
6.2%
27.5%
Q3 25
6.8%
25.9%
Q2 25
5.5%
26.6%
Q1 25
3.8%
28.4%
Q4 24
6.9%
30.5%
Q3 24
6.6%
25.2%
Q2 24
5.5%
23.6%
Q1 24
3.1%
24.9%
Net Margin
PWR
PWR
QCOM
QCOM
Q4 25
4.0%
24.5%
Q3 25
4.4%
-27.7%
Q2 25
3.4%
25.7%
Q1 25
2.3%
25.6%
Q4 24
4.7%
27.3%
Q3 24
4.5%
28.5%
Q2 24
3.4%
22.7%
Q1 24
2.4%
24.8%
EPS (diluted)
PWR
PWR
QCOM
QCOM
Q4 25
$2.08
$2.78
Q3 25
$2.24
$-2.77
Q2 25
$1.52
$2.43
Q1 25
$0.96
$2.52
Q4 24
$2.03
$2.83
Q3 24
$1.95
$2.57
Q2 24
$1.26
$1.88
Q1 24
$0.79
$2.06

Balance Sheet & Financial Strength

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

Metric
PWR
PWR
QCOM
QCOM
Cash + ST InvestmentsLiquidity on hand
$439.5M
$11.8B
Total DebtLower is stronger
$5.2B
$14.8B
Stockholders' EquityBook value
$8.9B
$23.1B
Total Assets
$24.9B
$53.0B
Debt / EquityLower = less leverage
0.59×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PWR
PWR
QCOM
QCOM
Q4 25
$439.5M
$11.8B
Q3 25
$610.4M
$10.2B
Q2 25
$509.5M
$10.0B
Q1 25
$520.6M
$13.8B
Q4 24
$742.0M
$14.3B
Q3 24
$764.1M
$13.3B
Q2 24
$518.1M
$13.0B
Q1 24
$531.1M
$13.9B
Total Debt
PWR
PWR
QCOM
QCOM
Q4 25
$5.2B
$14.8B
Q3 25
$5.5B
$14.8B
Q2 25
$4.7B
$14.8B
Q1 25
$4.4B
$13.3B
Q4 24
$4.1B
$13.2B
Q3 24
$4.1B
$13.3B
Q2 24
$3.0B
$13.2B
Q1 24
$3.2B
$14.5B
Stockholders' Equity
PWR
PWR
QCOM
QCOM
Q4 25
$8.9B
$23.1B
Q3 25
$8.4B
$21.2B
Q2 25
$7.9B
$27.2B
Q1 25
$7.5B
$27.7B
Q4 24
$7.3B
$26.9B
Q3 24
$7.1B
$26.3B
Q2 24
$6.6B
$24.7B
Q1 24
$6.4B
$24.5B
Total Assets
PWR
PWR
QCOM
QCOM
Q4 25
$24.9B
$53.0B
Q3 25
$22.7B
$50.1B
Q2 25
$19.9B
$54.9B
Q1 25
$19.1B
$55.4B
Q4 24
$18.7B
$55.6B
Q3 24
$18.9B
$55.2B
Q2 24
$15.9B
$52.7B
Q1 24
$15.5B
$53.2B
Debt / Equity
PWR
PWR
QCOM
QCOM
Q4 25
0.59×
0.64×
Q3 25
0.66×
0.70×
Q2 25
0.59×
0.54×
Q1 25
0.58×
0.48×
Q4 24
0.56×
0.49×
Q3 24
0.58×
0.51×
Q2 24
0.45×
0.53×
Q1 24
0.50×
0.59×

Cash Flow & Capital Efficiency

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

Metric
PWR
PWR
QCOM
QCOM
Operating Cash FlowLast quarter
$1.1B
$5.0B
Free Cash FlowOCF − Capex
$934.0M
$4.4B
FCF MarginFCF / Revenue
11.9%
36.0%
Capex IntensityCapex / Revenue
2.5%
4.5%
Cash ConversionOCF / Net Profit
3.56×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$1.6B
$12.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PWR
PWR
QCOM
QCOM
Q4 25
$1.1B
$5.0B
Q3 25
$563.5M
$4.0B
Q2 25
$295.7M
$2.9B
Q1 25
$243.2M
$2.6B
Q4 24
$712.0M
$4.6B
Q3 24
$739.9M
$2.6B
Q2 24
$391.3M
$3.1B
Q1 24
$238.0M
$3.6B
Free Cash Flow
PWR
PWR
QCOM
QCOM
Q4 25
$934.0M
$4.4B
Q3 25
$421.0M
$3.6B
Q2 25
$155.4M
$2.6B
Q1 25
$110.4M
$2.3B
Q4 24
$565.0M
$4.3B
Q3 24
$527.4M
$2.4B
Q2 24
$229.9M
$2.7B
Q1 24
$154.8M
$3.4B
FCF Margin
PWR
PWR
QCOM
QCOM
Q4 25
11.9%
36.0%
Q3 25
5.5%
31.8%
Q2 25
2.3%
24.9%
Q1 25
1.8%
21.3%
Q4 24
8.6%
36.9%
Q3 24
8.1%
23.3%
Q2 24
4.1%
28.4%
Q1 24
3.1%
35.9%
Capex Intensity
PWR
PWR
QCOM
QCOM
Q4 25
2.5%
4.5%
Q3 25
1.9%
3.6%
Q2 25
2.1%
2.8%
Q1 25
2.1%
1.9%
Q4 24
2.2%
2.4%
Q3 24
3.3%
2.5%
Q2 24
2.9%
4.1%
Q1 24
1.7%
2.0%
Cash Conversion
PWR
PWR
QCOM
QCOM
Q4 25
3.56×
1.65×
Q3 25
1.66×
Q2 25
1.29×
1.08×
Q1 25
1.69×
0.91×
Q4 24
2.29×
1.44×
Q3 24
2.52×
0.91×
Q2 24
2.08×
1.43×
Q1 24
2.01×
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PWR
PWR

Segment breakdown not available.

QCOM
QCOM

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

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