QUALCOMM Incorporated (QCOM) Balance Sheet: Assets & Liabilities

QUALCOMM Incorporated (QCOM) Balance Sheet

As of Sep 30, 2025 (end of fiscal 2025), QUALCOMM Incorporated reported total assets of $50.14B and total liabilities of $28.94B. Shareholders' equity was $21.21B, down 19.3% from $26.27B a year earlier. Total debt stood at $16.37B against $12.48B in cash and short-term investments, a net debt position of $3.90B. That puts debt-to-equity at 0.77, compared with 0.59 a year earlier.

QUALCOMM Incorporated Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for QUALCOMM Incorporated (QCOM) - 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
Current Assets
Cash and Cash Equivalents	7.84	7.85	8.45	2.77	7.12	6.71	11.84	11.78	35.03
Short-Term Investments	4.64	5.45	2.87	3.61	5.30	4.51	0.42	0.31	2.28
Cash & Short-Term Investments	12.48	13.30	11.32	6.38	12.41	11.21	12.26	12.09	37.31
Accounts Receivable	4.32	3.93	1.92	4.18	3.58	4.00	2.47	2.90	3.63
Inventory	8.03	6.42	6.42	6.34	3.23	2.60	1.40	1.69	2.04
Other Current Assets	0.94	1.58	1.19	1.63	0.85	0.70	0.63	0.70	0.62
Total Current Assets	25.75	25.23	22.46	20.72	20.08	18.52	16.77	17.38	43.59
Non-Current Assets
Property, Plant & Equipment (Net)	4.69	4.67	5.04	5.17	4.56	3.71	3.08	2.98	3.22
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	1.27
Goodwill	11.36	10.80	10.64	10.51	7.25	6.32	6.28	6.50	6.62
Intangible Assets	1.15	1.24	1.41	1.88	1.46	1.65	2.17	2.96	3.74
Other Non-Current Assets	6.45	8.05	8.17	8.93	6.31	4.04	3.46	1.94	4.15
Total Non-Current Assets	24.39	29.92	28.58	28.29	21.17	17.08	16.19	15.30	21.89
Total Assets	50.14	55.15	51.04	49.01	41.24	35.59	32.96	32.69	65.49
Current Liabilities
Accounts Payable	2.79	2.58	1.91	3.80	2.75	2.25	1.37	1.83	1.97
Short-Term Debt	0.10	1.46	0.91	1.95	2.17	0.50	2.50	1.01	2.50
Current Portion of Long-Term Debt	-	1.36	0.91	1.45	1.54	-	-	-	-
Accrued Liabilities	1.84	1.83	1.69	1.49	3.24	-	-	-	-
Deferred Revenue	0.36	0.30	0.29	0.37	0.61	0.57	0.57	0.50	0.50
Other Current Liabilities	5.89	5.08	3.11	3.64	5.56	4.81	4.03	7.45	5.94
Total Current Liabilities	9.14	10.50	9.63	11.87	11.95	8.67	8.94	11.24	10.91
Non-Current Liabilities
Long-Term Debt	16.27	13.98	14.48	13.54	14.13	15.23	13.44	15.37	19.40
Deferred Tax Liabilities	2.73	2.61	2.41	2.27	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.72	1.70	5.21	3.86	4.85	4.86	4.52	3.54	2.43
Total Non-Current Liabilities	19.79	18.38	19.83	19.14	19.34	20.85	19.11	20.52	23.83
Total Liabilities	28.94	28.88	29.46	31.00	31.29	29.52	28.05	31.76	34.74
Stockholders' Equity
Common Stock	0.00	0.00	0.49	0.20	0.00	0.59	0.34	0.00	0.27
Retained Earnings	20.65	25.69	20.73	17.84	9.82	5.28	4.47	0.66	30.09
Accumulated Other Comprehensive Income	0.56	0.59	0.36	-0.02	0.13	0.21	0.10	0.27	0.38
Shares Outstanding	1.07	1.11	1.11	1.12	-	-	-	-	-
Total Stockholders' Equity	21.21	26.27	21.58	18.01	9.95	6.08	4.91	0.93	30.75
Total Liabilities & Equity	50.14	55.15	51.04	49.01	41.24	35.59	32.96	32.69	65.49

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 Balance Sheet

How much debt does QUALCOMM Incorporated have?

QUALCOMM Incorporated had total debt of $16.37B as of Sep 30, 2025, against $12.48B in cash and short-term investments. Its debt-to-equity ratio was 0.77. Total debt was $15.44B a year earlier.

What are QUALCOMM Incorporated's total assets?

QUALCOMM Incorporated reported total assets of $50.14B as of Sep 30, 2025, down 9.1% from $55.15B a year earlier. Total liabilities were $28.94B.

What is QUALCOMM Incorporated's shareholders' equity?

QUALCOMM Incorporated's shareholders' equity was $21.21B as of Sep 30, 2025, or about $19.74 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition