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Qualcomm Inc. (QCOM)

Qualcomm incorporated in California in 1985 and reincorporated in Delaware in 1991. It earns its revenue principally from selling integrated circuit products, also called chips, chipsets or modules, and from licensing its intellectual property, including patents. The company has licensed its patents to hundreds of companies. At 27 September 2026 it had approximately 57,000 full-time, part-time and temporary workers in 38 countries.

Qualcomm Inc.

Qualcomm incorporated in California in 1985 and reincorporated in Delaware in 1991. It earns its revenue principally from selling integrated circuit products, also called chips, chipsets or modules, and from licensing its intellectual property, including patents. The company has licensed its patents to hundreds of companies. At 27 September 2026 it had approximately 57,000 full-time, part-time and temporary workers in 38 countries.

How the business is organised

Qualcomm has three reportable segments. QCT (Qualcomm CDMA Technologies) is the semiconductor business. QTL (Qualcomm Technology Licensing) is the licensing business. QSI (Qualcomm Strategic Initiatives) makes strategic investments. The company also reports nonreportable businesses: Data Center, QGOV (Qualcomm Government Technologies) and Modular. The company says that from the first quarter of fiscal 2027 Data Center will be included in QCT.

Qualcomm Technologies, Inc. (QTI) and its subsidiaries operate substantially all of the products and services businesses, including QCT, and substantially all engineering and research and development. QUALCOMM Incorporated operates QTL and owns the vast majority of the patent portfolio. QTI has no right to grant licences under those patents.

What it sells

QCT reports revenue in three streams: handsets, automotive and IoT. Its Snapdragon and Dragonwing families combine application processors with wireless connectivity, including a cellular modem, Wi-Fi, Bluetooth and positioning. QCT also sells supporting parts such as RF transceivers, RF front-end components, power management chips, audio codecs and speaker amps, and it sells some of these as individual components.

In automotive, the Snapdragon Digital Chassis platforms cover connectivity, digital cockpit and advanced driver assistance and automated driving. In IoT, the products range from PCs and extended reality devices to networking and industrial equipment. Networking products include Wi-Fi, Ethernet and passive optical network chips, wireless access points and routers.

The Data Center business sells Qualcomm Dragonfly products, which cover CPUs, AI accelerators and connectivity, together with custom silicon solutions. Some Dragonfly products are still in development. Modular provides AI software platforms, tools and cloud-based services. QGOV provides development services and sells related products to United States government agencies and their contractors.

How the chips are made

Other than certain RF front-end modules and RF filter products, QCT is fabless. It does not own foundries and relies on third parties for wafer fabrication, assembly, packaging and most testing. The primary foundry suppliers are Taiwan Semiconductor Manufacturing Company (TSMC), Samsung Electronics and GlobalFoundries. Memory for certain products comes mainly from Micron Technology and Samsung Electronics. Assembly and test is done mainly by Amkor Technology, Advanced Semiconductor Engineering, Siliconware Precision Industries and STATS ChipPAC. Most of these suppliers are in the Asia-Pacific region.

For the RF front-end modules and filters it makes itself, front-end wafer fabrication is in Germany and Singapore. Back-end assembly, packaging, testing and distribution preparation are in China and Singapore.

How licensing works

QTL licenses its cellular standard-essential patents for 3G, 4G and 5G devices worldwide. It can also license them together with other Qualcomm patents. Licensees make products such as handsets, tablets, PCs, data modem cards, connected vehicle modules, wireless access points and small cells.

Revenue comes mainly from per-unit royalties, which licensees pay quarterly. Royalties are generally a percentage of the licensee's wholesale selling price of the complete product, net of certain permitted deductions. Some products have per-unit minimums or caps, and some carry a fixed amount per unit. It has faced governmental investigations and legal proceedings over its licensing practices.

Customers and competition

A small number of customers and licensees have historically made up a large part of revenue. Apple and Samsung each accounted for 10% or more of consolidated revenue in fiscal 2026. QCT sells mainly under purchase orders. Customers can generally reschedule delivery dates within a set time and cancel orders before shipment, sometimes with a cancellation fee. The company says it expects Apple to primarily use its own modem products in its devices going forward.

QCT competes with semiconductor designers and manufacturers worldwide, and with products its customers develop in-house. The company lists performance, level of integration, quality, standards compliance, price, time-to-market, system cost and customer support among the main competitive factors. It notes that a portion of its business is concentrated in China.

Its people

Most employees work in engineering or other technical roles, across more than 200 locations. Voluntary turnover was approximately 6% in fiscal 2026. The company has research and development centers in various locations around the world, and its engineering skills include modem, SoC, AI, RF front-end, multimedia and data center networking.

From Qualcomm's annual report on Form 10-K for the year ended 27 September 2026. The filing

Compare with another name What $10,000 in Qualcomm became

Latest results

Latest quarterQ4 FY2026ended 27 September 2026 · 10-K filed 4 November 2026
Revenue
$10.3 billion
-8.4% on the year · +3.8% on the quarter
Q1 FY2025Q4 FY2026
Net income
$1.3 billion
-37.5% on the quarter
Q1 FY2025Q4 FY2026
Diluted EPS
$1.17
-37.4% on the quarter
Q1 FY2025Q4 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

Read the Q4 FY2026 results →the 10-K on EDGAR ↗
Last full yearFY2026ended 27 September 2026 · 10-K filed 4 November 2026
Revenue
$43.1 billion
-2.6% on the year
FY2019FY2026
Net income
$13.6 billion
+145.9% on the year
FY2019FY2026
Diluted EPS
$12.70
+153.5% on the year
FY2019FY2026

this yearthe year beforeHover a bar for its figure.

The years before, in wordsQualcomm (QCOM) reported revenue of $43.1 billion for fiscal 2026, the year ended 27 September 2026, down 2.6% on the year before. Net income was $13.6 billion and diluted earnings per share $12.70. Revenue was $44.3 billion in fiscal 2025, $39.0 billion in fiscal 2024, $35.8 billion in fiscal 2023 and $44.2 billion in fiscal 2022. Net income in the same years was $5.5 billion, $10.1 billion, $7.2 billion and $12.9 billion. Revenue grew 5.1% a year, compounded, over the five years to fiscal 2026. Qualcomm declared $3.62 a share in dividends over the last four quarters and had 1.07 billion shares outstanding at the latest filed count. At 27 September 2026 it carried $15.1 billion of debt and $4.6 billion of cash. At the close of 6 November 2026 the market cap of Qualcomm was $177.6 billion, 13.0 times its earnings over the last twelve months.
Read the FY2026 results →the 10-K on EDGAR ↗

Ratios

From the filings

ROE44.8%
ROCE19.0%
Operating margin20.1%
Net margin31.6%
FCF margin20.1%
Interest cover12.6x
Debt to equity0.50x
Cash conversion0.82x
Share count, last 12 months-0.2%
Sales CAGR, 3 years6.4%
Profit CAGR, 3 years23.5%
EPS, TTM$12.70

At the close of 6 November 2026

Price$165.71
Market cap$177.6 billion
Stock P/E13.1x
Price to book5.8x
EV / EBITDA18.3x
Dividend yield2.2%
Market cap / sales4.1x
52-week high$251.02
52-week low$124.07
Price, 1 year-4.3%
Price CAGR, 3 years11.1%
Price CAGR, 5 years0.3%

29 ready-made ratios, from FCF yield to net debt to EBITDA, wait on the Formulas page, each with what it tells you. Browse and add them →

Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Qualcomm Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
QCOMgreeksoup.ai
Daily prices to 6 November 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

Quarterly results

Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *
Revenue10,70511,16410,93611,3959,4639,2758,4518,6319,9359,3899,39310,24511,66910,97910,36511,27112,25210,5999,94710,322
Cost of revenue4,3034,6484,8164,8684,0444,1533,7923,8804,3124,1064,1744,4685,1614,9374,6065,0345,5684,9004,6705,084
Gross profit6,4026,5166,1206,5275,4195,1224,6594,7515,6235,2835,2195,7776,5086,0425,7596,2376,6845,6995,2775,238
Gross margin60%58%56%57%57%55%55%55%57%56%56%56%56%55%56%55%55%54%53%51%
R&D1,9302,0342,0522,1782,2512,2102,2222,1352,0962,2362,2592,3022,2302,2162,2262,3702,4532,4632,6072,684
SG&A608624655683623614618628627707664761723706771910865898976962
Operating income3,8643,8584,4723,6662,4652,0901,8231,4102,9282,3402,2212,5823,5553,1202,7622,9183,3662,3091,6261,357
Operating margin36%35%41%32%26%23%22%16%29%25%24%25%30%28%27%26%27%22%16%13%
Interest expense13913770.0144170179172173178172168179163163168170169171178171
Pre-tax income3,8653,4234,2393,4712,3711,8951,7571,4202,9622,4982,2792,5973,6353,1052,9522,9713,5472,2322,4621,173
Tax rate12%14%12%16%4%10%1%-15%5%9%8%-12%13%9%10%205%15%-230%19%-7%
Net income3,3992,9343,7302,8732,2351,7041,8031,4902,7672,3262,1292,9203,1802,8122,666-3,1173,0047,3702,0021,252
Net margin32%26%34%25%24%18%21%17%28%25%23%29%27%26%26%-28%25%70%20%12%
Diluted EPS$2.98$2.57$3.29$2.54$1.98$1.52$1.60$1.32$2.46$2.06$1.88$2.59$2.83$2.52$2.43-$2.89$2.78$6.88$1.87$1.17
Operating cash flow2,0572,6982,8951,4463,0951,4572,6574,0902,9493,5543,0522,6474,5872,5542,8753,9964,9652,4499912,740
Capital expenditure583491554634398453306293214184387256277214294407549533496916
Free cash flow1,4742,2072,3418122,6971,0042,3513,7972,7353,3702,6652,3914,3102,3402,5813,5894,4161,9164951,824
Buybacks1,1789515005001,2709034004007847311,3031,3031,7501,7482,8492,4442,6502,7921,3641,011
Dividends paid765764842841842834893893895895949948942938968957949946973986
Shares outstanding1,125m1,122m1,122m1,121m1,119m1,114m1,115m1,114m1,118m1,118m1,116m1,113m1,106m1,100m1,084m1,074m1,074m1,059m1,057m1,072m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss)

FY2007FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013FY2014FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Revenue8,87111,14210,38710,99114,95719,12124,86626,48725,28123,55422,29122,61124,27323,53133,56644,20035,82038,96244,28443,12043,120
Cost of revenue2,6813,4143,0253,3014,8777,0969,82010,68610,3789,7499,79210,2448,5999,25514,26218,63515,86917,06019,73820,22220,222
Gross profit6,1907,7287,3627,69010,08012,02515,04615,80114,90313,80512,49912,36715,67414,27619,30425,56519,95121,90224,54622,89822,898
Gross margin69.8%69.4%70.9%70.0%67.4%62.9%60.5%59.7%58.9%58.6%56.1%54.7%64.6%60.7%57.5%57.8%55.7%56.2%55.4%53.1%53.1%
Research and development1,8292,2812,3452,4512,9953,9154,9675,4775,4905,1515,4855,6255,3985,9757,1768,1948,8188,8939,04210,20710,207
Selling, general and administrative1,4781,7171,4621,5031,9452,2702,5182,2902,3442,3852,6582,9862,1952,0742,3392,5702,4832,7593,1103,7013,701
Operating income2,8833,7302,5423,7275,0265,6827,2307,5505,7766,4952,5816217,6676,2559,78915,8607,78810,07112,3558,6588,658
Operating margin32.5%33.5%24.5%33.9%33.6%29.7%29.1%28.5%22.8%27.6%11.6%2.7%31.6%26.6%29.2%35.9%21.7%25.8%27.9%20.1%20.1%
Interest expensen/a22.0-13.043.011490.023.05.0104297494768627602559490694697664689689
Pre-tax incomen/an/a2,4034,4935,6876,5628,1948,7786,4876,8332,9873927,4815,71910,27414,9987,44310,33612,6639,4149,414
Income tax3236666119731,1321,2791,3491,2441,2191,1315435,3563,0955211,2312,0121042267,122-4,214-4,214
Effective tax raten/an/a25.4%21.7%19.9%19.5%16.5%14.2%18.8%16.6%18.2%1366.3%41.4%9.1%12.0%13.4%1.4%2.2%56.2%-44.8%-44.8%
Net income3,3033,1601,5923,2474,2606,1096,8537,9675,2715,7052,445-4,9644,3865,1989,04312,9367,23210,1425,54113,62813,628
Net margin37.2%28.4%15.3%29.5%28.5%31.9%27.6%30.1%20.8%24.2%11.0%-22.0%18.1%22.1%26.9%29.3%20.2%26.0%12.5%31.6%31.6%
Diluted EPS$1.95$1.90$0.95$1.96$2.52$3.51$3.91$4.65$3.22$3.81$1.64-$3.39$3.59$4.52$7.87$11.37$6.42$8.97$5.01$12.70$12.70
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-Q10-Q10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment FY2009 to FY2026, 1 year left out

FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2020FY2021FY2022FY2023FY2024FY2025FY2026Share
of the parts, latest year
QCT6,1356,6958,85912,14116,71518,66517,15415,40916,47917,28216,49327,01937,67730,38233,19638,36737,20887.0%
QTL3,6053,6595,4226,3277,5547,5697,9477,6646,4125,0425,0286,3206,3585,3065,5725,5825,55613.0%
Nonreportable Segmentsn/a102324-12258181438311287133128134n/an/an/an/an/a
Other Nonreportable Segments21n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
QSI000000447113100364531281800n/a
QWI641628656633613n/an/an/an/an/an/an/an/an/an/an/an/an/a
Eliminations-15-10-3-4-4n/an/an/an/an/an/an/an/an/an/an/an/an/a
Not assigned to a part in the filingn/an/an/an/an/an/an/an/an/an/a1,841n/an/an/an/an/an/an/a
Reconciling Items602020-16n/an/an/an/an/an/an/an/an/an/an/an/an/a
Sales between segments, taken outn/an/an/an/an/an/an/an/a-1,024n/an/an/an/an/an/an/an/an/a
QCTQTLQSI FY2015 to FY2024Nonreportable Segments FY2010 to FY2022QWI FY2009 to FY2013Other Nonreportable Segments FY2009
11.0FY201024.9FY201323.6FY201621.7FY202035.7FY202342.8FY2026

$ billion; hover a block for its figure and share; the figure over a bar is its parts, before the lines named below; a part named with years is one the company split its revenue into only then

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in. Eliminations, Not assigned to a part in the filing, Reconciling Items and Sales between segments, taken out are the company's own eliminations and corporate items, which take the parts to revenue: shown as filed, with no share and no block in the chart. Nonreportable Segments is below zero in FY2013 as the 10-K filed it, so it has no share or block for that year.

Profit by segment FY2014 to FY2026, 1 year left out

The profit before tax each segment reports. Costs Qualcomm does not charge to a segment are left out, so the segments can add up to more than the company's own profit before tax.

FY2014FY2015FY2016FY2017FY2018FY2020FY2021FY2022FY2023FY2024FY2025FY2026Margin
FY2026
QCT3,8072,4651,8122,7472,9662,7637,76312,8377,9249,52711,67010,10127.1%
QTL6,5906,8826,5285,1423,4043,4424,6274,6283,6284,0274,0434,02272.4%
QSI-7-743866524-11916-279-12104180794n/a
Nonreportable Segments-1,395-630-342-373-356-63-58-24n/an/an/an/an/a
QCTQTLQSINonreportable Segments FY2014 to FY2022
8.6FY20157.6FY20176.1FY202017.2FY202213.7FY202414.9FY2026

$ billion; the figure over a bar is all the segments together; a year a segment lost money, it hangs below the line. Hover a block for its profit, sales and margin.

FY2026Share of salesShare of profit
QCT87%68%
QTL13%27%
QSI0%5%

Each column adds to 100%. A segment with a bigger share of the profit than of the sales makes more on each dollar it sells.

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where every segment with sales that year has a profit before tax figure. A margin is a segment's profit before tax over its own sales.

Cash flow

FY2007FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013FY2014FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Operating cash flow3,8113,5587,1724,0764,9005,9988,7788,8875,5067,6325,0013,9087,2865,81410,5369,09611,29912,20214,01211,14511,145
Capital expenditure8181,3977614265931,2841,0481,1859945396907848871,4071,8882,2621,4501,0411,1922,4942,494
Free cash flow2,9932,1616,4113,6504,3074,7147,7307,7024,5127,0934,3113,1246,3994,4078,6486,8349,84911,16112,8208,6518,651
Free cash flow margin33.7%19.4%61.7%33.2%28.8%24.7%31.1%29.1%17.8%30.1%19.3%13.8%26.4%18.7%25.8%15.5%27.5%28.6%28.9%20.1%20.1%
Cash from investing-1,898-2,819-5,457-839-4,489-6,877-1,578-1,639-3,572-3,48820,4632,381-806-5,263-3,356-5,804762-3,623-800-2,039-2,039
Cash from financing-1,111-1,307-833-2,4051,518-757-4,845-5,480-2,261-5,7545,571-31,487-6,386-5,707-6,798-7,196-6,663-9,269-13,196-12,295-12,295
Depreciation and amortisation3834566356661,0618971,0171,1501,2141,4281,4611,5611,4011,3931,5821,7621,8091,7061,6021,6301,630
Share-based compensation4885415846128241,0351,1051,0591,0269439148831,0371,2121,6632,0312,4842,6482,7833,4523,452
Buybacks1,4821,6702853,0161421,3134,6104,54911,2463,9231,34222,5801,7932,4503,3663,1292,9734,1218,7917,8177,817
Dividends paid8629821,0931,1771,3461,5832,0552,5862,8802,9903,2523,4662,9682,8823,0083,2123,4623,6873,8053,8543,854
Dividend per share$0.52$0.60$0.66$0.72$0.81$0.93$1.20$1.54$1.80$2.02$2.20$2.38$2.48$2.54$2.66$2.86$3.10$3.30$3.48$3.62n/a
Diluted shares, weighted1,693m1,660m1,673m1,658m1,691m1,741m1,754m1,714m1,639m1,498m1,490m1,463m1,220m1,149m1,149m1,137m1,126m1,130m1,105m1,073m1,073m
Shares outstanding at period endn/a1,656m1,669m1,612m1,681m1,706m1,685m1,669m1,524m1,476m1,474m1,219m1,145m1,131m1,125m1,121m1,114m1,113m1,074m1,072m1,072m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-Q10-Q10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet

FY2007FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013FY2014FY2015FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Funded by
Shareholders' equity15,83517,94420,31620,85826,95133,52336,08839,16931,42131,77830,7468074,9096,0779,95018,01321,58126,27421,20630,40130,401
Non-controlling interestn/an/an/a0.021.022.0-1.0-3.0-7.0-10.00.0n/an/an/an/an/an/an/an/an/an/a
Short-term borrowingsn/an/an/an/an/an/an/a0.0n/an/an/an/an/an/an/an/an/an/an/an/an/a
Debtn/an/an/a1,0869940.00.00.010,96911,75721,89316,37015,93315,72615,74515,48215,39814,63414,81115,11215,112
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/an/an/an/a371428573571708730759759
Other liabilitiesn/a6,7687,1298,6288,4569,4679,4299,4088,4138,83412,84715,50912,11513,42015,11714,94613,49013,53813,39614,55714,557
Total liabilities and equityn/a24,71227,44530,57236,42243,01245,51648,57450,79652,35965,48632,68632,95735,59441,24049,01451,04055,15450,14360,82960,829
Owned
Fixed assetsn/a2,1622,3872,3732,4142,8512,9952,4872,5342,3063,2162,9753,0813,7114,5595,1685,0424,6654,6906,1046,104
Goodwilln/a1,5171,4921,4883,4323,9173,9764,4885,4795,6796,6236,4986,2826,3237,24610,50810,64210,79911,35816,37416,374
Intangible assetsn/a3,1043,0653,0223,0992,9382,5532,5803,7423,5003,7372,9552,1721,6531,4581,8821,4081,2441,1481,9251,925
Investmentsn/a9,42915,02514,85515,45123,03023,26424,11523,38726,4043,5493464574,5425,2983,6092,8745,4514,6353,0453,045
Trading assetsn/an/an/an/an/an/a5105110.00.0n/an/an/an/an/an/an/an/an/an/an/a
Cash and equivalents2,4111,8402,7173,5475,4623,8076,1427,9077,5605,94635,02911,77711,8396,7077,1162,7738,4507,8495,5204,6364,636
Receivablesn/a4,1877007309931,4592,1422,3621,9412,1943,5762,6671,0462,6872,2144,1751,9232,3472,8552,6712,671
Inventoryn/a5214535287651,0301,3021,4581,4921,5562,0351,6931,4002,5983,2286,3416,4226,4236,5268,6408,640
Other assetsn/a1,9521,6064,0294,8063,9802,6322,6664,6614,7747,7213,7756,6807,37310,12114,55814,27916,37613,41117,43417,434
Total assetsn/a24,71227,44530,57236,42243,01245,51648,57450,79652,35965,48632,68632,95735,59441,24049,01451,04055,15450,14360,82960,829
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-Q10-Q10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded6.2%5.1%6.4%-2.6%
Profit growth, compounded9.1%8.5%23.5%145.9%
Return on equity, average-12.7%43.0%36.5%44.8%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Qualcomm's revenue in fiscal 2026?

Qualcomm (QCOM) reported revenue of $43.1 billion for fiscal 2026, the year ended 27 September 2026, down 2.6% on the year before.

How much did Qualcomm earn in fiscal 2026?

Net income was $13.6 billion for fiscal 2026, and diluted earnings per share $12.70.

What is Qualcomm's P/E ratio?

At the close of 6 November 2026, Qualcomm traded at 13.0 times its earnings over the twelve months to 27 September 2026.

What is Qualcomm's market cap?

The market cap of Qualcomm was $177.6 billion at the close of 6 November 2026.

Does Qualcomm pay a dividend?

Yes. Qualcomm declared $3.62 a share in dividends over the four quarters to 27 September 2026.

Peers: Electronic Equipment

CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
Qualcomm Inc. QCOM$177.6 billion13.0544.8%20.1%-2.6%0.502.2%
Motorola Solutions, Inc. MSI$85.2 billion41.4067.9%24.2%11.4%3.290.9%
Nokia Corporation NOK *$42.7 billion57.113.1%4.4%3.5%0.162.0%
Ubiquiti Inc. UI$35.9 billion33.4763.7%36.9%29.4%0.000.6%
Telefonaktiebolaget LM Ericsson ERIC *$34.6 billion11.8526.0%16.3%-4.5%0.302.8%
Planet Labs PBC PL$4.6 billionn/a-63.8%-27.2%44.1%0.79n/a
Ondas Inc. ONDS$2.8 billionn/a10.6%-140.4%979.3%0.00n/a
Harmonic Inc. HLIT$1.0 billionn/an/an/an/a0.09n/a
BlackSky Technology Inc. BKSY$876 millionn/a-14.0%-22.8%29.9%0.96n/a
Unusual Machines, Inc. UMAC$594 millionn/a-9.0%-76.1%425.2%0.00n/a
BK Technologies Corp. BKTI$251 million19.5726.2%17.9%15.7%0.00n/a
Aviat Networks, Inc. AVNW$226 million93.110.9%4.4%1.2%0.36n/a
All 130 in Electronic Equipment
CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
NVIDIA Corp. NVDA$4.50 trillion23.6084.2%65.2%83.4%0.150.1%
Taiwan Semiconductor Manufacturing Company Limited TSM *$1.95 trillion37.3631.7%50.8%31.6%0.190.8%
Broadcom Inc. AVGO$1.40 trillion37.4738.4%48.0%48.7%0.610.9%
Micron Technology Inc. MU$780.6 billion9.3061.4%74.6%256.3%0.040.1%
Advanced Micro Devices Inc. AMD$734.2 billion97.3211.1%17.7%41.9%0.10n/a
Intel Corp. INTC$299.0 billionn/a-10.5%2.9%12.1%0.44n/a
Applied Materials Inc. AMAT$264.0 billion28.6836.2%29.6%7.8%0.260.6%
Texas Instruments Inc. TXN$252.9 billion35.9037.1%40.8%20.3%0.712.1%
Arm Holdings plc ARM *$185.7 billion205.3410.9%18.3%22.8%0.00n/a
Amphenol Corp. APH$184.2 billion32.4334.6%27.7%57.6%1.040.7%
Qualcomm Inc. QCOM$177.6 billion13.0544.8%20.1%-2.6%0.502.2%
Analog Devices Inc. ADI$175.9 billion43.0712.3%35.5%33.6%0.271.2%
Marvell Technology, Inc. MRVL$123.7 billion46.5614.2%16.5%30.6%0.270.2%
Motorola Solutions, Inc. MSI$85.2 billion41.4067.9%24.2%11.4%3.290.9%
Northrop Grumman Corp. NOC$74.6 billion16.5924.2%10.6%6.5%0.811.8%
Vertiv Holdings Co. VRT$70.4 billion34.1738.1%20.1%35.3%0.530.1%
ASE Technology Holding Co., Ltd. ASX *$70.3 billion58.8911.7%8.0%8.4%0.741.1%
NXP Semiconductors N.V. NXPI$62.6 billion19.5126.7%33.0%14.6%0.911.6%
Monolithic Power Systems, Inc. MPWR$58.0 billion65.6023.9%29.5%40.5%0.000.6%
Garmin Ltd. GRMN$55.1 billion27.4221.1%28.8%13.6%0.001.4%
Lumentum Holdings Inc. LITE$48.7 billionn/a-143.9%23.5%103.2%0.31n/a
L3Harris Technologies, Inc. LHX$48.4 billion24.2610.1%10.7%7.3%0.541.9%
Nokia Corporation NOK *$42.7 billion57.113.1%4.4%3.5%0.162.0%
STMicroelectronics N.V. STM *$37.1 billion231.690.9%1.5%-11.1%0.120.9%
Ubiquiti Inc. UI$35.9 billion33.4763.7%36.9%29.4%0.000.6%
United Microelectronics Corporation UMC *$34.9 billion27.6111.0%18.5%2.3%0.17n/a
Telefonaktiebolaget LM Ericsson ERIC *$34.6 billion11.8526.0%16.3%-4.5%0.302.8%
Ciena Corp. CIEN$34.5 billion54.2521.4%12.3%32.6%1.06n/a
Astera Labs, Inc. ALAB$33.3 billion75.8523.1%25.5%115.2%0.00n/a
Microchip Technology Inc. MCHP$31.8 billion44.2012.6%20.9%33.0%0.833.1%
Teledyne Technologies Inc. TDY$28.6 billion28.279.2%20.0%8.6%0.18n/a
Celestica Inc. CLS$26.1 billion19.5520.0%8.3%61.6%0.13n/a
Flex Ltd. FLEX$25.8 billion25.1817.9%5.1%17.5%0.90n/a
Jabil Inc. JBL$25.0 billion24.4364.6%4.7%20.6%2.090.1%
ON Semiconductor Corp. ON$24.7 billion36.879.1%12.3%2.9%0.60n/a
Qnity Electronics, Inc. Q$24.4 billion43.967.4%n/an/a0.530.1%
Hubbell Inc. HUBB$22.7 billion25.1822.1%20.1%16.0%1.251.3%
Credo Technology Group Holding Ltd. CRDO$22.6 billion42.7719.7%31.7%165.1%0.00n/a
First Solar, Inc. FSLR$21.6 billion11.6417.1%37.7%-0.7%0.01n/a
Cerebras Systems Inc. CBRS$21.3 billionn/an/an/an/a0.10n/a
Macom Technology Solutions Holdings, Inc. MTSI$16.1 billion67.7915.6%18.1%28.4%0.22n/a
Nextpower Inc. NXT$15.8 billion26.4323.2%19.0%13.7%0.00n/a
Lattice Semiconductor Corp. LSCC$14.9 billion328.113.2%9.1%63.4%0.61n/a
Sitime Corp. SITM$12.6 billion443.470.8%0.9%142.6%0.38n/a
Skyworks Solutions, Inc. SWKS$12.4 billion42.585.1%7.6%0.1%0.093.5%
Fabrinet FN$11.7 billion24.6719.1%10.0%43.0%0.03n/a
Semtech Corp. SMTC$9.6 billion68.4420.6%8.0%17.8%0.66n/a
Leonardo Drs, Inc. DRS$9.1 billion25.0512.6%10.8%8.9%0.061.1%
Amkor Technology, Inc. AMKR$8.1 billion13.2312.9%9.5%15.7%0.521.0%
Rambus Inc. RMBS$8.0 billion30.6718.8%36.3%17.3%0.00n/a
Advanced Energy Industries Inc. AEIS$7.9 billion28.3118.2%16.0%31.7%0.800.2%
Silicon Laboratories Inc. SLAB$7.4 billionn/a-3.6%-5.1%21.7%0.00n/a
Sanmina Corp. SANM$7.2 billion24.0911.2%4.2%58.6%0.79n/a
TTM Technologies Inc. TTMI$7.0 billion26.5013.1%11.1%37.6%0.80n/a
Viavi Solutions Inc. VIAV$7.0 billion118.625.1%10.6%47.4%0.49n/a
Formfactor Inc. FORM$6.4 billion37.0414.7%18.3%29.1%0.01n/a
Esco Technologies Inc. ESE$6.0 billion18.9819.5%14.2%24.0%0.050.1%
Cirrus Logic, Inc. CRUS$5.7 billion14.3518.9%22.5%5.1%0.00n/a
Impinj Inc. PI$5.3 billionn/a-3.1%-0.7%7.7%0.62n/a
Allegro Microsystems, Inc. ALGM$5.2 billion187.673.1%7.5%27.9%0.28n/a
Plexus Corp. PLXS$5.1 billionn/an/an/an/a0.18n/a
Synaptics Inc. SYNA$4.6 billionn/a-53.2%-4.7%8.1%0.91n/a
Planet Labs PBC PL$4.6 billionn/a-63.8%-27.2%44.1%0.79n/a
Applied Optoelectronics, Inc. AAOI$4.5 billionn/a-1.5%-6.8%77.2%0.10n/a
Maxlinear, Inc. MXL$4.5 billionn/a-5.5%-0.9%56.0%0.31n/a
Mercury Systems Inc. MRCY$4.4 billionn/a-2.0%0.0%7.9%0.29n/a
Universal Display Corp. OLED$4.0 billion17.9013.8%34.6%-1.9%n/a2.2%
Enphase Energy, Inc. ENPH$3.8 billion42.497.3%4.2%-19.9%0.46n/a
Vishay Intertechnology Inc. VSH$3.7 billion37.563.2%5.2%17.6%0.251.7%
Diodes Inc. DIOD$3.5 billion31.145.9%7.3%24.2%0.21n/a
Kulicke & Soffa Industries Inc. KLIC$3.3 billion29.4912.7%13.2%44.4%0.001.3%
OSI Systems Inc. OSIS$3.1 billion21.0620.3%12.2%2.9%1.28n/a
Ondas Inc. ONDS$2.8 billionn/a10.6%-140.4%979.3%0.00n/a
IPG Photonics Corp. IPGP$2.8 billion69.601.9%1.9%14.8%0.00n/a
Ambarella Inc. AMBA$2.6 billionn/a-9.1%-14.9%20.0%0.00n/a
AXT Inc. AXTI$2.6 billion1,944.500.5%3.1%45.8%0.09n/a
Penguin Solutions, Inc. PENG$2.5 billion16.0734.7%9.6%26.5%1.51n/a
Intuitive Machines, Inc. LUNR$2.4 billionn/an/a-27.5%116.5%n/an/a
Power Integrations Inc. POWI$2.3 billion51.016.4%8.4%2.3%0.002.1%
Nlight, Inc. LASR$2.2 billionn/a-2.9%-6.0%39.6%0.00n/a
Benchmark Electronics Inc. BHE$2.2 billion38.945.0%3.5%12.9%0.141.1%
Ultra Clean Holdings, Inc. UCTT$1.9 billion72.113.7%4.3%15.8%0.87n/a
Vicor Corp. VICR$1.7 billion38.5519.9%24.9%27.0%0.00n/a
Solaredge Technologies, Inc. SEDG$1.7 billionn/a-54.0%-9.2%29.3%0.79n/a
Shoals Technologies Group, Inc. SHLS$1.7 billion43.835.9%11.2%49.2%0.26n/a
CTS Corp. CTS$1.7 billion22.8912.6%17.0%7.4%0.090.3%
Photronics Inc. PLAB$1.6 billion9.6412.9%22.5%1.2%0.00n/a
Navitas Semiconductor Corp. NVTS$1.6 billionn/a-42.9%-323.5%-28.6%0.00n/a
Nextnav Inc. NN$1.4 billionn/a-33.4%-1,900.4%-36.5%0.00n/a
Wolfspeed, Inc. WOLF$1.3 billionn/a-69.6%-80.3%-18.0%2.09n/a
Ichor Holdings, Ltd. ICHR$1.2 billion620.000.4%1.7%15.2%0.13n/a
Napco Security Technologies, Inc. NSSC$1.1 billion24.6022.1%22.7%8.7%0.002.0%
Harmonic Inc. HLIT$1.0 billionn/an/an/an/a0.09n/a
Ambiq Micro, Inc. AMBQ$930 millionn/a-9.1%-43.3%n/a0.00n/a
Array Technologies, Inc. ARRY$901 millionn/an/a-5.1%1.2%n/an/a
Arteris, Inc. AIP$884 millionn/a-63.3%-46.2%41.0%n/an/a
BlackSky Technology Inc. BKSY$876 millionn/a-14.0%-22.8%29.9%0.96n/a
Varex Imaging Corp. VREX$778 million35.484.5%8.3%5.3%0.70n/a
Alpha & Omega Semiconductor Ltd. AOSL$712 millionn/a-5.8%-7.1%-3.2%0.000.0%
T1 Energy Inc. TE$662 millionn/a-190.1%-22.4%427.0%2.730.0%
Unusual Machines, Inc. UMAC$594 millionn/a-9.0%-76.1%425.2%0.00n/a
Kopin Corp. KOPN$547 million75.7511.5%-22.9%-7.1%0.00n/a
Vishay Precision Group, Inc. VPG$541 millionn/a-1.0%1.1%11.6%0.05n/a
Lightpath Technologies Inc. LPTH$494 millionn/a-13.7%-27.4%92.8%0.00n/a
Kimball Electronics, Inc. KE$462 million22.933.5%4.4%-1.5%0.40n/a
indie Semiconductor, Inc. INDI$436 millionn/a-52.5%-59.3%13.9%1.50n/a
Clearfield, Inc. CLFD$389 millionn/a-2.9%-0.2%-1.4%0.00n/a
Methode Electronics Inc. MEI$384 millionn/a-5.5%0.4%1.4%0.471.9%
NVE Corp. NVEC$368 million20.5730.8%61.6%24.1%0.005.3%
Adtran Holdings, Inc. ADTN$329 millionn/a-20.9%0.0%10.1%2.32n/a
Everspin Technologies Inc. MRAM$284 millionn/a-3.6%-15.5%20.9%0.010.0%
Turtle Beach Corp. TBCH$273 millionn/a-0.6%3.2%-13.0%0.93n/a
Nano Dimension Ltd. NNDM$262 millionn/a-34.4%-117.3%n/a0.04n/a
M-tron Industries, Inc. MPTI$261 million22.078.0%18.5%11.8%0.00n/a
BK Technologies Corp. BKTI$251 million19.5726.2%17.9%15.7%0.00n/a
Aviat Networks, Inc. AVNW$226 million93.110.9%4.4%1.2%0.36n/a
Vuzix Corp. VUZI$160 millionn/a-145.3%-521.9%6.8%0.00n/a
Quicklogic Corp. QUIK$147 millionn/an/an/an/a0.24n/a
Espey MFG & Electronics Corp. ESP$141 million12.0218.5%25.1%4.9%0.002.1%
Aeluma, Inc. ALMU$135 millionn/a-16.1%-228.3%-4.4%0.00n/a
Atomera Inc. ATOM$117 millionn/a-69.6%-10,969.4%476.3%0.00n/a
GSI Technology Inc. GSIT$116 millionn/a-22.8%-100.8%2.9%0.00n/a
GCT Semiconductor Holding, Inc. GCTS$106 millionn/an/a-852.0%-32.8%n/an/a
Magnachip Semiconductor Corp. MX$91 millionn/a-12.3%-24.2%-12.8%0.19n/a
R F Industries Ltd. RFIL$72 million30.146.3%4.6%13.0%0.15n/a
Kulr Technology Group, Inc. KULR$68 millionn/a-140.9%-270.6%24.6%0.28n/a
Inseego Corp. INSG$64 millionn/an/a-10.4%-3.6%n/an/a
AmpliTech Group, Inc. AMPG$59 millionn/a-17.1%-34.7%24.2%0.00n/a
Tigo Energy, Inc. TYGO$57 million4.3527.3%-3.7%15.3%0.05n/a
LGL Group Inc. LGL$43 millionn/a-0.5%-21.8%9.3%0.00n/a
12 companies share its SEC industry code (Radio & Tv Broadcasting & Communications Equipment); the rest are the names nearest in size in its wider industry, Electronic Equipment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

The public record on QCOM

Dividends$3.62 a share over the four quarters to 27 September 2026, a 2.18% yield
Filings22 in twelve months: 11 current reports (8-K), about 4 results of operations; 2 unregistered sale of equity; 2 officer or director change; 1 other events; 1 shareholder vote
Planned insider sales35 Form 144 notices in twelve months, $24.8 million; latest 6 November 2026
Options tapeput/call 0.89 by open interest at the 6 November 2026 close; the straddle prices a 6.8% move to 13 November 2026
13F holders3,048 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading122 sales and 0 purchases on Form 4 in twelve months
Congress6 House trades disclosed in six months
Short interest29.8 million shares short, 3.05 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Filings

FilingPeriodFiledWhere
10-K27 September 20264 November 2026EDGAR
10-Q28 June 202629 July 2026EDGAR
10-Q29 March 202629 April 2026EDGAR
10-Q28 December 20254 February 2026EDGAR
10-K28 September 20255 November 2025EDGAR
10-Q29 June 202530 July 2025EDGAR
10-Q30 March 202530 April 2025EDGAR
10-Q29 December 20245 February 2025EDGAR
10-K29 September 20246 November 2024EDGAR
10-Q23 June 202431 July 2024EDGAR

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