QUALCOMM Incorporated (QCOM) Financial Statements & Analysis

QUALCOMM Incorporated (QCOM) Income Statement

QUALCOMM Incorporated reported revenue of $44.28B in fiscal 2025 (fiscal year ended Sep 30, 2025), up 13.7% from $38.96B a year earlier. Net income was $5.54B, down 45.4% year over year, a net margin of 12.5%. Gross margin was 55.4% and operating margin 27.9%. In the most recent quarter, Q3 fiscal 2026 (ended Jun 30, 2026), revenue was $9.95B, down 4.0% from the same quarter a year earlier.

QUALCOMM Incorporated Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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QUALCOMM Incorporated income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017
Revenue & Gross Profit
Revenue	44.28	38.96	35.82	44.20	33.57	23.53	24.27	22.73	22.29
Cost of Revenue	19.74	17.06	15.87	18.64	14.26	9.26	8.60	10.24	9.79
Gross Profit	24.55	21.90	19.95	25.57	19.30	14.28	15.67	12.49	12.50
Operating Expenses
Research & Development	9.04	8.89	8.82	8.19	7.18	5.98	5.40	5.63	5.49
Selling, General & Administrative	3.11	2.76	2.48	2.57	2.34	2.07	2.20	2.99	2.66
Operating Expenses	12.19	11.65	11.30	9.71	9.52	8.02	8.01	11.75	9.89
Operating Income	12.36	10.25	8.65	15.86	9.79	6.26	7.67	0.62	2.58
Other Income/Expense
Interest Income	0.64	0.68	0.31	0.09	0.08	0.16	0.30	0.61	0.62
Interest Expense	0.66	0.70	0.69	0.49	0.56	0.60	0.63	0.77	0.49
Other Income/Expense	0.31	0.11	-0.83	-0.46	0.49	-0.54	-0.19	-0.23	0.44
Income
Income Before Tax	12.66	10.34	7.44	15.00	10.27	5.72	7.48	0.51	3.02
Income Tax Expense	7.12	0.23	0.10	2.01	1.23	0.52	3.10	5.38	0.56
Net Income	5.54	10.14	7.23	12.94	9.04	5.20	4.39	-4.96	2.47
Net Income - Continuous Operations	5.54	10.11	7.34	12.99	9.04	5.20	4.39	-4.96	2.47
Net Income - Discontinued Operations	-	0.03	-0.11	-0.05	-	-	-	-	-
EBITDA	14.93	12.74	9.95	17.25	12.42	7.62	9.48	5.34	4.98
EBIT	13.33	11.03	8.14	15.49	9.79	-	-	-	-
Depreciation & Amortization	1.60	1.71	1.81	1.76	1.58	1.39	1.40	1.56	1.46
Earnings Per Share
Basic EPS	5.00	9.00	6.00	12.00	8.00	5.00	4.00	-3.00	2.00
Diluted EPS	5.00	9.00	6.00	11.00	8.00	5.00	4.00	-3.00	2.00
Basic Shares Outstanding	1.10	1.12	1.12	1.12	1.13	1.14	1.21	1.46	1.48
Diluted Shares Outstanding	1.11	1.13	1.13	1.14	1.15	1.15	1.22	1.46	1.49

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About QUALCOMM Incorporated Financial Statements

What was QUALCOMM Incorporated's revenue in fiscal 2025?

QUALCOMM Incorporated reported revenue of $44.28B in fiscal 2025 (fiscal year ended Sep 30, 2025). That was up 13.7% from $38.96B a year earlier.

Is QUALCOMM Incorporated profitable?

Yes. QUALCOMM Incorporated earned net income of $5.54B in fiscal 2025, a net margin of 12.5%. In fiscal 2024 it earned $10.14B.

What is QUALCOMM Incorporated's operating margin?

QUALCOMM Incorporated's operating income was $12.36B on revenue of $44.28B in fiscal 2025, an operating margin of 27.9%, compared with 26.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition