QCOM · Qualcomm Inc/De - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $44.28B | $38.96B | $35.82B | $44.20B | $33.57B | $23.53B |
| Cost of Revenue | $19.74B | $17.06B | $15.87B | $18.64B | $14.26B | $9.26B |
| Gross Profit | $24.55B | $21.90B | $19.95B | $25.57B | $19.30B | $14.28B |
| R&D | $9.04B | $8.89B | $8.82B | $8.19B | $7.18B | $5.97B |
| SG&A | $3.11B | $2.76B | $2.48B | $2.57B | $2.34B | $2.07B |
| Total Operating Expenses | $31.93B | $28.89B | $28.03B | $28.34B | $23.78B | $17.28B |
| D&A | $1.60B | $1.71B | $1.81B | $1.76B | $1.58B | $1.39B |
| Operating Income | $12.36B | $10.07B | $7.79B | $15.86B | $9.79B | $6.25B |
| Interest Expense | $664.00M | $697.00M | $694.00M | $490.00M | $559.00M | $602.00M |
| Income Tax | $7.12B | $226.00M | $104.00M | $2.01B | $1.23B | $521.00M |
| Net Income | $5.54B | $10.14B | $7.23B | $12.94B | $9.04B | $5.20B |
| EPS - Basic | $5.05 | $9.09 | $6.47 | $11.52 | $7.99 | $4.58 |
| EPS - Diluted | $5.01 | $8.97 | $6.42 | $11.37 | $7.87 | $4.52 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.52B | $7.85B | $8.45B | $2.77B | $7.12B | $6.71B |
| Accounts Receivable | $2.85B | $2.35B | $1.92B | $4.17B | $2.21B | $2.69B |
| Inventory | $6.53B | $6.42B | $6.42B | $6.34B | $3.23B | $2.60B |
| Accounts Payable | $2.79B | $2.58B | $1.91B | $3.80B | $2.75B | $2.25B |
| Current Assets | $25.75B | $25.23B | $22.46B | $20.72B | $20.07B | $18.52B |
| Total Assets | $50.14B | $55.15B | $51.04B | $49.01B | $41.24B | $35.59B |
| Current Liabilities | $9.14B | $10.50B | $9.63B | $11.87B | $11.95B | $8.67B |
| Long-term Debt | $14.81B | $13.27B | $14.48B | $13.54B | $13.70B | $15.23B |
| Total Liabilities | $28.94B | $28.88B | $29.46B | $31.00B | $31.29B | $29.52B |
| Stockholders' Equity | $21.21B | $26.27B | $21.58B | $18.01B | $9.95B | $6.08B |
| Retained Earnings | $20.65B | $25.69B | $20.73B | $17.84B | $9.82B | $5.28B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.01B | $12.20B | $11.30B | $9.10B | $10.54B | $5.81B |
| Investing Cash Flow | ($800.00M) | ($3.62B) | $762.00M | ($5.80B) | ($3.36B) | ($5.26B) |
| Financing Cash Flow | ($13.20B) | ($9.27B) | ($6.66B) | ($7.20B) | ($6.80B) | ($5.71B) |
| CapEx | $1.19B | $1.04B | $1.45B | $2.26B | $1.89B | $1.41B |
| Free Cash Flow | $12.82B | $11.16B | $9.85B | $6.83B | $8.65B | $4.41B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 55.4% | 56.2% | 55.7% | 57.8% | 57.5% | 60.7% |
| Operating margin | 27.9% | 25.8% | 21.7% | 35.9% | 29.2% | 26.6% |
| EBITDA margin | 31.5% | 30.2% | 26.8% | 39.9% | 33.9% | 32.5% |
| Net margin | 12.5% | 26.0% | 20.2% | 29.3% | 26.9% | 22.1% |
| Free cash flow margin | 28.9% | 28.6% | 27.5% | 15.5% | 25.8% | 18.7% |
| FCF / Net income | 2.31 | 1.10 | 1.36 | 0.53 | 0.96 | 0.85 |
| R&D / Revenue | 20.4% | 22.8% | 24.6% | 18.5% | 21.4% | 25.4% |
| SG&A / Revenue | 7.0% | 7.1% | 6.9% | 5.8% | 7.0% | 8.8% |
| Effective tax rate | 56.2% | 2.2% | 1.4% | 13.5% | 12.0% | 9.1% |
| Return on assets | 11.1% | 18.4% | 14.2% | 26.4% | 21.9% | 14.6% |
| Return on equity | 26.1% | 38.6% | 33.5% | 71.8% | 90.9% | 85.5% |
| Return on invested capital | 17.2% | 24.9% | 21.3% | 43.5% | 36.4% | 26.7% |
| Liquidity | ||||||
| Current ratio | 2.82 | 2.40 | 2.33 | 1.75 | 1.68 | 2.14 |
| Quick ratio | 2.10 | 1.79 | 1.67 | 1.21 | 1.41 | 1.84 |
| Cash ratio | 0.60 | 0.75 | 0.88 | 0.23 | 0.60 | 0.77 |
| Leverage | ||||||
| Debt / Equity | 0.70 | 0.51 | 0.67 | 0.75 | 1.38 | 2.51 |
| Debt / Assets | 0.30 | 0.24 | 0.28 | 0.28 | 0.33 | 0.43 |
| Debt / EBITDA | 1.06 | 1.13 | 1.51 | 0.77 | 1.20 | 1.99 |
| Interest coverage | 18.6x | 14.4x | 11.2x | 32.4x | 17.5x | 10.4x |
| Equity multiplier | 2.36 | 2.10 | 2.37 | 2.72 | 4.14 | 5.86 |
| Liabilities / Assets | 0.58 | 0.52 | 0.58 | 0.63 | 0.76 | 0.83 |
| Efficiency | ||||||
| Asset turnover | 0.88 | 0.71 | 0.70 | 0.90 | 0.81 | 0.66 |
| Inventory turnover | 3.02 | 2.66 | 2.47 | 2.94 | 4.42 | 3.56 |
| Days sales outstanding | 24d | 22d | 20d | 34d | 24d | 42d |
| Days inventory outstanding | 121d | 137d | 148d | 124d | 83d | 102d |
| Days payable outstanding | 52d | 55d | 44d | 74d | 70d | 89d |
| Cash conversion cycle | 93d | 104d | 123d | 84d | 36d | 55d |
| Valuation | ||||||
| P / E | 33.2x | 19.0x | 17.3x | 9.9x | 17.0x | 25.3x |
| P / B | 8.7x | 7.3x | 5.8x | 7.1x | 15.5x | 21.6x |
| P / S | 4.2x | 4.9x | 3.5x | 2.9x | 4.6x | 5.6x |
| EV / EBITDA | 13.8x | 16.8x | 13.7x | 7.9x | 14.1x | 18.3x |
| Growth | ||||||
| Revenue growth (YoY) | 13.7% | 8.8% | -19.0% | 31.7% | 42.6% | -3.1% |
| Revenue CAGR (3y) | 0.1% | 5.1% | 15.0% | 22.1% | 13.9% | 1.8% |
| Revenue CAGR (5y) | 13.5% | 9.9% | 9.5% | 14.7% | 7.3% | -1.4% |
| Gross profit growth (YoY) | 12.1% | 9.8% | -22.0% | 32.4% | 35.2% | -8.9% |
| Operating income growth (YoY) | 22.7% | 29.3% | -50.9% | 62.0% | 56.5% | -18.4% |
| Net income growth (YoY) | -45.4% | 40.2% | -44.1% | 43.0% | 74.0% | 18.5% |
| EPS growth (YoY) | -44.1% | 39.7% | -43.5% | 44.5% | 74.1% | 25.9% |
| EPS CAGR (3y) | -23.9% | 4.5% | 12.4% | 46.9% | - | 39.9% |
| EPS CAGR (5y) | 2.1% | 20.1% | - | 47.1% | 15.6% | 7.0% |
| FCF growth (YoY) | 14.9% | 13.3% | 44.1% | -21.0% | 96.2% | -31.1% |
| FCF CAGR (5y) | 23.8% | 11.8% | 25.9% | 11.3% | 4.7% | -0.5% |
| Book value growth (YoY) | -19.3% | 21.7% | 19.8% | 81.0% | 63.7% | 23.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-28.
Business segments
$44.14B totalQct$38.37B · 86.9%
Qtl$5.58B · 12.6%
All Other Segments$192.00M · 0.4%
Product / service
$38.37B totalMobile Handsets$27.79B · 72.4%
Io T$6.62B · 17.2%
Automotive$3.96B · 10.3%
Geographic
$44.28B totalCN$20.34B · 45.9%
US$10.52B · 23.7%
KR$9.54B · 21.5%
Other Foreign$3.89B · 8.8%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.54
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Radio & Tv Broadcasting & Communications Equipment
Comparing QUALCOMM INC/DE against the 5 most active filers in the same SIC group.
Dividends
$3.56/share trailing 12 months · +39.6% YoY
| Ex-date | Per share |
|---|---|
| Mar 5, 2026 | $0.8900 |
| Dec 4, 2025 | $0.8900 |
| Sep 4, 2025 | $0.8900 |
| Jun 5, 2025 | $0.8900 |
| Mar 6, 2025 | $0.8500 |
| Dec 5, 2024 | $0.8500 |
| Sep 5, 2024 | $0.8500 |
| May 30, 2024 | $0.8500 |
| Feb 28, 2024 | $0.8000 |
| Nov 29, 2023 | $0.8000 |
| Aug 30, 2023 | $0.8000 |
| May 31, 2023 | $0.8000 |
| Mar 1, 2023 | $0.7500 |
| Nov 30, 2022 | $0.7500 |
| Aug 31, 2022 | $0.7500 |
| Jun 1, 2022 | $0.7500 |
| Mar 2, 2022 | $0.6800 |
| Dec 1, 2021 | $0.6800 |
| Sep 1, 2021 | $0.6800 |
| Jun 2, 2021 | $0.6800 |
| Mar 3, 2021 | $0.6500 |
| Dec 2, 2020 | $0.6500 |
| Sep 2, 2020 | $0.6500 |
| Jun 3, 2020 | $0.6500 |