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 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.60B | $12.25B | $10.37B | $10.98B | $11.67B | $9.39B | $9.39B | $9.94B | $8.45B | $9.28B |
| Cost of Revenue | $4.90B | $5.57B | $4.61B | $4.94B | $5.16B | $4.17B | $4.11B | $4.31B | $3.79B | $4.15B |
| Gross Profit | $5.70B | $6.68B | $5.76B | $6.04B | $6.51B | $5.22B | $5.28B | $5.62B | $4.66B | $5.12B |
| R&D | $2.46B | $2.45B | $2.23B | $2.22B | $2.23B | $2.26B | $2.24B | $2.10B | $2.22B | $2.21B |
| SG&A | $898.00M | $865.00M | $771.00M | $706.00M | $723.00M | $664.00M | $707.00M | $627.00M | $618.00M | $614.00M |
| Total Operating Expenses | $8.29B | $8.89B | $7.60B | $7.86B | $8.11B | $7.17B | $7.05B | $7.01B | $6.63B | $7.18B |
| D&A | - | $393.00M | - | - | $436.00M | - | - | $437.00M | - | - |
| Operating Income | $2.31B | $3.37B | $2.76B | $3.12B | $3.56B | $2.22B | $2.34B | $2.93B | $1.82B | $2.09B |
| Interest Expense | $171.00M | $169.00M | $168.00M | $163.00M | $163.00M | $168.00M | $172.00M | $178.00M | $172.00M | $179.00M |
| Income Tax | ($5.14B) | $543.00M | $286.00M | $293.00M | $455.00M | $171.00M | $223.00M | $151.00M | $22.00M | $193.00M |
| Net Income | $7.37B | $3.00B | $2.67B | $2.81B | $3.18B | $2.13B | $2.33B | $2.77B | $1.80B | $1.70B |
| EPS - Basic | $6.92 | $2.81 | $2.44 | $2.55 | $2.86 | $1.91 | $2.08 | $2.48 | $1.62 | $1.53 |
| EPS - Diluted | $6.88 | $2.78 | $2.43 | $2.52 | $2.83 | $1.88 | $2.06 | $2.46 | $1.60 | $1.52 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.43B | $7.21B | $5.52B | $7.20B | $8.71B | $7.85B | $9.22B | $8.13B | $8.45B | $3.49B |
| Accounts Receivable | - | - | $2.85B | - | - | $2.35B | - | - | $1.92B | - |
| Inventory | $7.37B | $6.67B | $6.53B | $6.20B | $6.30B | $6.42B | $6.09B | $6.25B | $6.42B | $6.86B |
| Accounts Payable | $2.97B | $2.71B | $2.79B | $2.48B | $2.58B | $2.58B | $2.31B | $2.15B | $1.91B | $1.43B |
| Current Assets | $23.11B | $24.61B | $25.75B | $26.08B | $26.07B | $25.23B | $24.23B | $23.44B | $22.46B | $19.07B |
| Total Assets | $57.14B | $53.03B | $50.14B | $55.37B | $55.58B | $55.15B | $53.17B | $52.13B | $51.04B | $48.36B |
| Current Liabilities | $9.77B | $9.82B | $9.14B | $9.54B | $9.95B | $10.50B | $9.14B | $9.17B | $9.63B | $7.87B |
| Long-term Debt | $14.77B | $14.82B | $14.81B | $13.26B | $13.21B | $13.27B | $14.54B | $14.57B | $14.48B | $15.49B |
| Total Liabilities | $29.86B | $29.96B | $28.94B | $27.64B | $28.70B | $28.88B | $28.70B | $29.08B | $29.46B | $28.66B |
| Stockholders' Equity | $27.28B | $23.07B | $21.21B | $27.73B | $26.88B | $26.27B | $24.47B | $23.06B | $21.58B | $19.70B |
| Retained Earnings | $26.90B | $22.50B | $20.65B | $27.33B | $26.61B | $25.69B | $23.96B | $22.57B | $20.73B | $19.28B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $4.96B | - | - | $4.59B | - | - | $2.95B | - | - |
| Investing Cash Flow | - | ($1.72B) | - | - | ($671.00M) | - | - | ($1.26B) | - | - |
| Financing Cash Flow | - | ($3.88B) | - | - | ($3.01B) | - | - | ($2.04B) | - | - |
| CapEx | - | $549.00M | - | - | $277.00M | - | - | $214.00M | - | - |
| Free Cash Flow | - | $4.42B | - | - | $4.31B | - | - | $2.73B | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 53.8% | 54.6% | 55.6% | 55.0% | 55.8% | 55.6% | 56.3% | 56.6% | 55.1% | 55.2% |
| Operating margin | 21.8% | 27.5% | 26.6% | 28.4% | 30.5% | 23.6% | 24.9% | 29.5% | 21.6% | 22.5% |
| EBITDA margin | - | 30.7% | - | - | 34.2% | - | - | 33.9% | - | - |
| Net margin | 69.5% | 24.5% | 25.7% | 25.6% | 27.3% | 22.7% | 24.8% | 27.9% | 21.3% | 18.4% |
| Free cash flow margin | - | 36.0% | - | - | 36.9% | - | - | 27.5% | - | - |
| FCF / Net income | - | 1.47 | - | - | 1.36 | - | - | 0.99 | - | - |
| R&D / Revenue | 23.2% | 20.0% | 21.5% | 20.2% | 19.1% | 24.0% | 23.8% | 21.1% | 26.3% | 23.8% |
| SG&A / Revenue | 8.5% | 7.1% | 7.4% | 6.4% | 6.2% | 7.1% | 7.5% | 6.3% | 7.3% | 6.6% |
| Effective tax rate | -230.2% | 15.3% | 9.7% | 9.4% | 12.5% | 7.4% | 8.7% | 5.2% | 1.2% | 10.2% |
| Return on assets | 12.9% | 5.7% | 5.3% | 5.1% | 5.7% | 3.9% | 4.4% | 5.3% | 3.5% | 3.5% |
| Return on equity | 27.0% | 13.0% | 12.6% | 10.1% | 11.8% | 8.1% | 9.5% | 12.0% | 8.4% | 8.7% |
| Return on invested capital | 5.5% | 7.5% | 6.9% | 6.9% | 7.8% | 5.2% | 5.5% | 7.4% | 5.0% | 5.3% |
| Liquidity | ||||||||||
| Current ratio | 2.37 | 2.51 | 2.82 | 2.73 | 2.62 | 2.40 | 2.65 | 2.56 | 2.33 | 2.42 |
| Quick ratio | 1.61 | 1.83 | 2.10 | 2.08 | 1.99 | 1.79 | 1.98 | 1.88 | 1.67 | 1.55 |
| Cash ratio | 0.56 | 0.73 | 0.60 | 0.75 | 0.88 | 0.75 | 1.01 | 0.89 | 0.88 | 0.44 |
| Leverage | ||||||||||
| Debt / Equity | 0.54 | 0.64 | 0.70 | 0.48 | 0.49 | 0.51 | 0.59 | 0.63 | 0.67 | 0.79 |
| Debt / Assets | 0.26 | 0.28 | 0.30 | 0.24 | 0.24 | 0.24 | 0.27 | 0.28 | 0.28 | 0.32 |
| Debt / EBITDA | - | 3.94 | - | - | 3.31 | - | - | 4.33 | - | - |
| Interest coverage | 13.5x | 19.9x | 16.4x | 19.1x | 21.8x | 13.2x | 13.6x | 16.4x | 10.6x | 11.7x |
| Equity multiplier | 2.09 | 2.30 | 2.36 | 2.00 | 2.07 | 2.10 | 2.17 | 2.26 | 2.37 | 2.46 |
| Liabilities / Assets | 0.52 | 0.56 | 0.58 | 0.50 | 0.52 | 0.52 | 0.54 | 0.56 | 0.58 | 0.59 |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | 0.23 | 0.21 | 0.20 | 0.21 | 0.17 | 0.18 | 0.19 | 0.17 | 0.19 |
| Inventory turnover | 0.67 | 0.84 | 0.71 | 0.80 | 0.82 | 0.65 | 0.67 | 0.69 | 0.59 | 0.61 |
| Days sales outstanding | - | - | 101d | - | - | 91d | - | - | 83d | - |
| Days inventory outstanding | 549d | 437d | 517d | 458d | 446d | 562d | 541d | 529d | 618d | 603d |
| Days payable outstanding | 221d | 178d | 221d | 183d | 183d | 226d | 206d | 182d | 184d | 126d |
| Cash conversion cycle | - | - | 397d | - | - | 427d | - | - | 517d | - |
| Valuation | ||||||||||
| P / E | 18.5x | 62.9x | 69.6x | 60.6x | 55.6x | 90.5x | 82.6x | 58.3x | 67.3x | 82.1x |
| P / B | 5.0x | 8.2x | 8.8x | 6.1x | 6.6x | 7.3x | 7.9x | 7.0x | 5.6x | 7.1x |
| P / S | 12.9x | 15.4x | 17.9x | 15.5x | 15.1x | 20.5x | 20.5x | 16.3x | 14.3x | 15.1x |
| EV / EBITDA | - | 52.2x | - | - | 45.3x | - | - | 50.0x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -3.5% | 5.0% | 10.3% | 16.9% | 17.5% | 11.1% | 1.2% | 5.0% | -22.7% | -16.9% |
| Revenue CAGR (3y) | 4.5% | 9.0% | -1.8% | -0.6% | 2.9% | 5.2% | 5.8% | 6.5% | 20.0% | 21.2% |
| Revenue CAGR (5y) | 6.0% | 8.3% | 16.2% | 16.0% | 18.1% | -0.5% | 13.5% | 15.5% | 8.6% | 12.0% |
| Gross profit growth (YoY) | -5.7% | 2.7% | 10.3% | 14.4% | 15.7% | 12.0% | 3.1% | 3.8% | -23.9% | -21.4% |
| Operating income growth (YoY) | -26.0% | -5.3% | 24.4% | 33.3% | 21.4% | 21.8% | 12.0% | 18.8% | -59.2% | -45.8% |
| Net income growth (YoY) | 162.1% | -5.5% | 25.2% | 20.9% | 14.9% | 18.1% | 36.5% | 23.8% | -51.7% | -41.9% |
| EPS growth (YoY) | 173.0% | -1.8% | 29.3% | 22.3% | 15.0% | 17.5% | 35.5% | 24.2% | -51.4% | -40.9% |
| EPS CAGR (3y) | 65.4% | 12.0% | -9.6% | -0.7% | -1.7% | 2.0% | 10.4% | 5.1% | 29.3% | 54.8% |
| EPS CAGR (5y) | 35.1% | 5.6% | 26.8% | 43.8% | 28.7% | 1.4% | 30.2% | 23.1% | 14.3% | 44.7% |
| FCF growth (YoY) | - | 2.5% | - | - | 57.6% | - | - | 1.4% | - | - |
| FCF CAGR (5y) | - | 10.3% | - | - | 135.1% | - | - | 11.2% | - | - |
| Book value growth (YoY) | -1.6% | -14.2% | -19.3% | 13.3% | 16.6% | 21.7% | 24.2% | 22.6% | 19.8% | 47.8% |
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%
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
$2.67/share trailing 12 months · -22.4% 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 |