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QUALCOMM Incorporated (QCOM) Stock: Price, Forecast & Analyst Target

QUALCOMM Incorporated (QCOM) — MoonshotScore 76/100 (Strong band), calculated Oct 4, 2026. Price $184.87 (+1.53%), as of the Oct 2, 2026 trading session; market cap $194B. Expected results Oct 29, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 23.36× (market value Oct 2, 2026; cash Jun 28, 2026) · expected results Oct 29, 2026

$184.87 +$2.78 (+1.53%) Market Cap $194B

QUALCOMM Incorporated · QCOM · NASDAQ · Technology · Semiconductors

Research dated 2026-09-12: Qualcomm sells wireless computing platforms and system software through QCT while collecting royalties through QTL from manufacturers that use its patented communications technologies. The case now hinges on whether Android, automotive, connected devices and data-center programs can outgrow the anticipated reduction in Apple-related business without weakening cash generation further.

Price as of Oct 2, 2026

Key Statistics

76 of 100

MoonshotScore v2 · QUALCOMM (QCOM)

Strong
Business Quality Elite (84)
Financial Safety Sound (60)
Valuation Full (56)
Growth Durability Growing (63)
Momentum Rising (72)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

High quality, though the balance sheet and growth are only decent; the market is already moving on it. Business Quality: Elite; Financial Safety: Sound; Valuation: Full; Growth Durability: Growing; Momentum: Rising.

  • quarterly revenue $9.95B (Q3 FY2026, quarter ended Jun 2026)
  • EPS beat 7 of 8
  • expected results Oct 29, 2026

Helping: business quality, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for QCOM (29 recorded, newest six shown)
RecordedScoreBand
77Strong
77Strong
77Strong
77Strong
77Strong
77Strong

The score was 76 in the stored Oct 3, 2026 snapshot and remains 76 in the current publication computed Oct 4, 2026 (0).

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$184.87
Change on the day+1.53%
52-week range$121.99 – $259.92
Market capitalisation$194B
Price / earnings (trailing)21.06
Shares traded on the day10.12M
Beta (volatility vs the S&P 500)1.68
Dividends per share (last 12 months)$3.62
Dividend yield (last 12 months)1.96%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $127, high $251, latest $185. 4 reported quarters marked, 3 above and 1 below the recorded estimate. 1 other dated event marked. $251 $127 high $251 Nov 5, 2025 · Earnings results · reported above the recorded estimate · close $1711Feb 4, 2026 · Earnings results · reported above the recorded estimate · close $1372Apr 29, 2026 · Earnings results · reported above the recorded estimate · close $1773Jul 29, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $1484Jul 29, 2026 · Earnings results · reported below the recorded estimate · close $1485 Sep 5, 2025 Oct 2, 2026 · $185 $160Sep 5, 2025$167Sep 19, 2025$169Oct 3, 2025$163Oct 17, 2025$181Oct 31, 2025$174Nov 14, 2025$168Nov 28, 2025$178Dec 12, 2025$175Dec 26, 2025$178Jan 9, 2026$156Jan 23, 2026$137Feb 6, 2026$143Feb 20, 2026$136Mar 6, 2026$130Mar 20, 2026$127Apr 2, 2026$136Apr 17, 2026$177May 1, 2026$201May 15, 2026$251May 29, 2026$212Jun 12, 2026$189Jun 26, 2026$189Jul 10, 2026$167Jul 24, 2026$168Aug 7, 2026$161Aug 21, 2026$169Sep 4, 2026$178Sep 18, 2026$185Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · below the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • We also updated our fiscal 2029 financial targets, which now include more than $24 billion in revenue across automotive and IoT plus more than $15 billion in data center, bringing our total non-handset revenue outlook to $40 billion by fiscal 2029, up from our previous target of $22 billion.

    Cristiano Amon · Statement from

  • We expect to demonstrate HBC performance on silicon in the coming quarters ahead of the launch of our first HBC solution in mid-2027.

    Cristiano Amon · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for QUALCOMM (QCOM): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Moderate
Momentum Moderate
Business Quality Strong
Financial Safety Moderate
Valuation Neutral

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Simons-style lens (simulated) Jim Simons Neutral read
Englander-style lens (simulated) Izzy Englander Favorable read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Favorable read

Read on: Oct 2, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Moderate
Margin of Safety Undervalued
Profit Margin Strong
Revenue Growth Moderate
Debt/Equity Neutral
ROE Strong
Gross Margin Moderate

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the QCOM film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is QUALCOMM (QCOM), and what does it report?

Short answer · as of

QUALCOMM Incorporated is a company dedicated to developing and bringing to market fundamental technologies crucial for the global wireless communication industry.

Research dated 2026-09-12.

Qualcomm is not merely a chip vendor. QCT supplies integrated circuits and system software for handsets, networking, computing, automotive and connected devices, while QTL licenses patent rights required by widely adopted wireless standards; QSI adds strategic investments and the company also performs development work for government customers.

Reported revenue is dominated by QCT, so product demand carries far more weight in the top line than licensing. QTL nevertheless gives Qualcomm an economically distinct royalty stream alongside product sales, making patent use and device manufacturing relevant even when Qualcomm is not supplying every component in a device.

Sources (as of 2026-09-12): Business description; Revenue by segment; Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for QUALCOMM (QCOM)?

Short answer · as of

The most recent reported quarter, Q3 FY2026, carried revenue of $9.95B.

Research dated 2026-09-12.

Revenue, gross profit and operating profit all retreated from the recent peak, while research spending continued to rise. Operating cash flow also fell markedly across the latest reported periods, although it remained positive; the newest revenue result exceeded the market estimate while earnings came in just below it.

Management expects Android growth and the start of data-center revenue to offset an Apple-related reduction. It has also tied the diversification plan to automotive, connected-device and hyperscaler programs, but those statements describe intended offsets rather than results already visible in the segment totals.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts; Revenue by segment; Most recent periodic reports

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$9.95B Jun 28, 2026
Latest quarter · R&D
$2.61B Jun 28, 2026
Latest quarter · SG&A
$976.00M Jun 28, 2026
Latest quarter · FMP standardized operating result
$1.63B Jun 28, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 28, 2026$9.95B$2.61B$976.00M$1.63B
Mar 29, 2026$10.60B$2.46B$898.00M$2.31B
Dec 28, 2025$12.25B$2.45B$865.00M$3.37B
Sep 28, 2025$11.27B$2.37B$910.00M$2.92B

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$9.95B Jul 29, 2026
Latest report · revenue estimate
$9.69B Jul 29, 2026
Latest report · revenue vs estimate
Above estimate Jul 29, 2026
Latest report · EPS vs estimate
Below estimate Jul 29, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 29, 2026$9.95B$9.69B$2.2100$2.2300
Apr 29, 2026$10.60B$10.59B$2.6500$2.5600
Feb 4, 2026$12.25B$12.12B$3.5000$3.3900
Nov 5, 2025$11.27B$10.77B$3.0000$2.8700

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q3 FY2026$9.95B$2.00B$1.87 (diluted)
Q2 FY2026$10.60B$7.37B$6.88 (diluted)
Q1 FY2026$12.25B$3.00B$2.78 (diluted)
Q4 FY2025$11.27B-$3.12B-$2.77 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for QUALCOMM (QCOM)?

Short answer

Cash and short-term investments were $8.30B at the Jun 28, 2026 balance-sheet date. Operating cash flow was $991.00M for the quarter ended Jun 28, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Qualcomm remains profitable on a trailing basis, produces positive operating cash flow and screens well on conventional financial-quality and distress measures. Its liquid assets support near-term obligations, but cash sits below total debt and has declined substantially across the reported window.

The operating risk is concentration in QCT while the planned replacement engines are still developing. If Android demand and emerging data-center revenue do not absorb the Apple-related reduction, lower product revenue would meet a cost base carrying heavy and rising research investment; recent declines in operating profit and cash generation show how quickly that pressure can become visible.

Sources (as of 2026-09-12): Trailing twelve-month ratio set; Distress and quality screens; Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash decline over the reported window; Cash against market value; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Revenue by segment; Management outlook — dated call excerpts

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$991.00M Jun 28, 2026
Previous quarter · operating cash flow
$2.45B Mar 29, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 28, 2026$991.00M−$496.00M
Mar 29, 2026$2.45B−$533.00M
Dec 28, 2025$4.96B−$549.00M
Sep 28, 2025$4.00B−$407.00M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at QUALCOMM (QCOM)?

Short answer · as of

The next earnings report is expected on Oct 29, 2026.

Research dated 2026-09-12.

Watch whether the next result interrupts the sequential decline in revenue, gross profit, operating profit and operating cash flow. The mix matters as much as the total: evidence that Android is absorbing the Apple reduction and that hyperscaler engagements are beginning to contribute would support management’s diversification narrative.

Research spending also deserves scrutiny because it has risen while recent operating results weakened. Progress demonstrated on HBC silicon would connect that spending to a named commercial program; another decline in cash alongside softer profit would instead raise the cost of waiting for those programs to scale.

Sources (as of 2026-09-12): Next earnings report; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Management outlook — dated call excerpts; Analyst revenue and earnings estimates (average)

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. We also updated our fiscal 2029 financial targets, which now include more than $24 billion in revenue across automotive and IoT plus more than $15 billion in data center, bringing our total non-handset revenue outlook to $40 billion by fiscal 2029, up from our previous target of $22 billion.

    Cristiano Amon ·

  2. We expect to demonstrate HBC performance on silicon in the coming quarters ahead of the launch of our first HBC solution in mid-2027.

    Cristiano Amon ·

  3. As we've said this before, we have 2 custom chip engagements, and both of these are global scale hyperscalers and we're going to expect to start seeing revenue from both of them starting in the December quarter.

    Akash Palkhiwala ·

  4. We expect Android to grow and significantly offset the reduction in Apple and then data center revenue that starts to ramp in the first quarter.

    Akash Palkhiwala ·

5 · Peer comparison

How does QUALCOMM compare with its peers?

Short answer

QUALCOMM's score ranks 12th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Unlike a chip supplier whose economics depend mainly on units and selling prices, Qualcomm combines product revenue with royalties from foundational wireless patents. QCT provides scale and exposure to device demand, while QTL can monetize standards adoption through licensing rather than component placement alone.

That structure also creates a different diversification challenge. Qualcomm is extending a handset-centered technology base into automotive, connected devices and data centers, so comparison with similar semiconductor businesses should focus on the durability of licensing economics and the conversion of wireless expertise into credible non-handset revenue.

Sources (as of 2026-09-12): Sector / industry (provider taxonomy); Business description; Revenue by segment; Management outlook — dated call excerpts; Annual revenue and net result (USD millions)

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Lam Research Corporation (LRCX) Named competitor$347.49 Oct 2, 2026$435B93 5-pillar Oct 4, 2026
ASML Holding N.V. (ASML) Same industry, near in market value$1867.31 Oct 2, 2026$720B89 5-pillar Oct 4, 2026
Teradyne, Inc. (TER) Same industry, near in market value$449.04 Oct 2, 2026$70.2B88 5-pillar Oct 4, 2026
Marvell Technology, Inc. (MRVL) Same industry, near in market value$272.29 Oct 2, 2026$238B87 5-pillar Oct 4, 2026
Astera Labs, Inc. (ALAB) Same industry, near in market value$350.33 Oct 2, 2026$60.1B87 5-pillar Oct 4, 2026
KLA Corporation (KLAC) Named competitor$206.89 Oct 2, 2026$270B86 5-pillar Oct 4, 2026
Applied Materials, Inc. (AMAT) Named competitor$540.04 Oct 2, 2026$429B84 5-pillar Oct 4, 2026
Monolithic Power Systems, Inc. (MPWR) Same industry, near in market value$1439.73 Oct 2, 2026$70.7B83 5-pillar Oct 4, 2026
United Microelectronics Corporation (UMC) Same industry, near in market value$26.27 Oct 2, 2026$65.5B82 5-pillar Oct 4, 2026
Texas Instruments Incorporated (TXN) Named competitor$293.80 Oct 2, 2026$268B81 5-pillar Oct 4, 2026
Analog Devices, Inc. (ADI) Same industry, near in market value$417.15 Oct 2, 2026$203B78 5-pillar Oct 4, 2026
QUALCOMM (QCOM) — this page$184.87$194B76
NXP Semiconductors N.V. (NXPI) Same industry, near in market value$243.66 Oct 2, 2026$61.4B66 5-pillar Oct 4, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

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The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$120.00 – $400.00
Consensus target
$204.48
Median target
$190.00

Consensus record · Captured .

Measured against a quoted price of $184.87 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 15 records, those within the last 180 days, newest dated Oct 2, 2026

Transactions
15
Identified insiders
5
Purchases
0
Sales
13
Other transactions
2

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
80.9% Period end Jun 30, 2026
Previous quarter · ownership
77.9% Prior to period end Jun 30, 2026
Reporting holders
3,185 Period end Jun 30, 2026
Previous quarter · holders
2,861 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.95,151,875
Vanguard Capital Management LLC68,837,417
State Street Corp52,763,263
Invesco Ltd.36,101,702
Vanguard Portfolio Management LLC33,847,770

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about QUALCOMM (QCOM)?

Read these with our analysis →

Common Questions About QCOM (Technology)

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

How do Qualcomm QCT and QTL make money differently?

QCT earns product revenue from integrated circuits and system software, whereas QTL licenses Qualcomm’s patent portfolio to manufacturers using covered wireless standards. Product demand dominates reported revenue, but licensing gives the company an income mechanism that does not require Qualcomm silicon in every device.

Sources (as of 2026-09-12): Business description; Revenue by segment

Can Android and data centers offset Qualcomm’s Apple reduction?

Management expects Android growth and emerging data-center revenue to provide the offset. Confirmation requires those contributions to appear while consolidated revenue and operating profit stabilize, because the latest sequence still shows weakening from the recent peak.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Quarterly income statement (USD thousands); Next earnings report

Why does Qualcomm’s HBC program matter?

HBC is a named data-center initiative that could extend Qualcomm beyond its handset-centered revenue base. Management expects silicon performance demonstrations ahead of a commercial launch, making technical progress a concrete checkpoint before meaningful scale can be assumed.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Revenue by segment

What role does Qualcomm QSI play beside chips and patent licensing?

QSI invests in early-stage businesses spanning wireless technology, artificial intelligence, automotive, consumer electronics, enterprise systems, cloud computing and connected devices. It supports emerging applications, but the disclosed segment revenue remains concentrated in QCT and QTL.

Sources (as of 2026-09-12): Business description; Revenue by segment

What is the QCOM stock price today?

The last price recorded on this page for QUALCOMM Incorporated (QCOM) is $184.87, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the QCOM price target?

The analyst consensus price target for QUALCOMM Incorporated (QCOM) is $204.48 (range $120.00 to $400.00, median $190.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

When are QCOM's next earnings?

The next earnings date listed on this page for QUALCOMM Incorporated (QCOM) is Oct 29, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Revenue by segment; Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions)

Sources — records for every figure on this page (85 figures)

The 85 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsCristiano Amon (Jul 29, 2026): We also updated our fiscal 2029 financial targets, which now include more than $24 billion in revenue across automotive and IoT plus more than $15 billion in data center, bringing our total non-handset revenue outlook to $40 billion by fiscal 2029, up from our previous target of $22 billion. Cristiano Amon (Jul 29, 2026): We expect to demonstrate HBC performance on silicon in the coming quarters ahead of the launch of our first HBC solution in mid-2027. Akash Palkhiwala (Jul 29, 2026): As we've said this before, we have 2 custom chip engagements, and both of these are global scale hyperscalers and we're going to expect to start seeing revenue from both of them starting in the December quarter. Akash Palkhiwala (Jul 29, 2026): We expect Android to grow and significantly offset the reduction in Apple and then data center revenue that starts to ramp in the first quarter.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressSAN Diego, CAOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "5775 Morehouse Drive, San Diego, CA, 92121-1714, US".

FMP — 73 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$184.87FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T20:54:47.945Z.
px.changeChange on the day+1.53%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$194BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T20:54:46.954Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$2.78FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q3 FY2026$9.95BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)21.06FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day10.12MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.68FMPFinancial Modeling Prep (FMP) company profile
id.business_summaryBusiness description (FMP excerpt)QUALCOMM Incorporated is a company dedicated to developing and bringing to market fundamental technologies crucial for the global wireless communication industry.FMPFinancial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation
id.ceoChief executiveCristiano Renno AmonFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees52,000FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $33.57B, net result $9.04B; FY2022 revenue $44.20B, net result $12.94B; FY2023 revenue $35.82B, net result $7.23B; FY2024 revenue $38.96B, net result $10.14B; FY2025 revenue $44.28B, net result $5.54BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsQCT $38.37B · QTL $5.58BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)54.2%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-28.revenue_kRevenue — period end 2026-06-28$9.95BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-28.rd_kR&D — period end 2026-06-28$2.61BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-28.sga_kSG&A — period end 2026-06-28$976.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-28.operating_result_kFMP standardized operating result — period end 2026-06-28$1.63BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-29.revenue_kRevenue — period end 2026-03-29$10.60BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-29.rd_kR&D — period end 2026-03-29$2.46BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-29.sga_kSG&A — period end 2026-03-29$898.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-29.operating_result_kFMP standardized operating result — period end 2026-03-29$2.31BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-28.revenue_kRevenue — period end 2025-12-28$12.25BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-28.rd_kR&D — period end 2025-12-28$2.45BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-28.sga_kSG&A — period end 2025-12-28$865.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-28.operating_result_kFMP standardized operating result — period end 2025-12-28$3.37BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-28.revenue_kRevenue — period end 2025-09-28$11.27BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-28.rd_kR&D — period end 2025-09-28$2.37BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-28.sga_kSG&A — period end 2025-09-28$910.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-28.operating_result_kFMP standardized operating result — period end 2025-09-28$2.92BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-29.revenue_actualRevenue · reported — report date 2026-07-29$9.95BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.revenue_estimatedRevenue · estimate — report date 2026-07-29$9.69BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.eps_actualEPS · reported — report date 2026-07-29$2.2100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.eps_estimatedEPS · estimate — report date 2026-07-29$2.2300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-29.revenue_actualRevenue · reported — report date 2026-04-29$10.60BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-29.revenue_estimatedRevenue · estimate — report date 2026-04-29$10.59BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-29.eps_actualEPS · reported — report date 2026-04-29$2.6500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-29.eps_estimatedEPS · estimate — report date 2026-04-29$2.5600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-04.revenue_actualRevenue · reported — report date 2026-02-04$12.25BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-04.revenue_estimatedRevenue · estimate — report date 2026-02-04$12.12BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-04.eps_actualEPS · reported — report date 2026-02-04$3.5000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-04.eps_estimatedEPS · estimate — report date 2026-02-04$3.3900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.revenue_actualRevenue · reported — report date 2025-11-05$11.27BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.revenue_estimatedRevenue · estimate — report date 2025-11-05$10.77BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.eps_actualEPS · reported — report date 2025-11-05$3.0000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.eps_estimatedEPS · estimate — report date 2025-11-05$2.8700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q3 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$8.30BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$991.00MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-28. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$15.27BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value7.07×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-28.operating_cash_flow_mOperating cash flow — period end 2026-06-28$991.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-29.operating_cash_flow_mOperating cash flow — period end 2026-03-29$2.45BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-28.capex_mCapital expenditure (reported) — period end 2026-06-28−$496.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-29.capex_mCapital expenditure (reported) — period end 2026-03-29−$533.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-28.operating_cash_flow_mOperating cash flow — period end 2025-12-28$4.96BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-28.capex_mCapital expenditure (reported) — period end 2025-12-28−$549.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-28.operating_cash_flow_mOperating cash flow — period end 2025-09-28$4.00BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-28.capex_mCapital expenditure (reported) — period end 2025-09-28−$407.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$120.00 – $400.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$204.48FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$190.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP15 transactions · 0 purchases, 13 sales, 2 other transactions · 5 identified insiders · of the newest 15 records, those within the last 180 days, newest dated Oct 2, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership80.9%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership77.9%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders3,185FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders2,861FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot95,151,875FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesVanguard Capital Management LLC — shares in provider snapshot68,837,417FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesState Street Corp — shares in provider snapshot52,763,263FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesInvesco Ltd. — shares in provider snapshot36,101,702FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesVanguard Portfolio Management LLC — shares in provider snapshot33,847,770FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 29, 2026UNRECORDEDStored earnings-calendar observation — Captured 2026-09-14
earn.historyReported versus estimated, recent quartersEPS beat 7 of 8UNRECORDEDStored earnings-history observation — Captured 2026-09-17 · Expired observation
px.range5252-week range$121.99 – $259.92UNRECORDEDStored company-profile observation — Captured 2026-10-05

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments23.36×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $8.30B at Jun 28, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-28. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$3.62COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months1.96%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-29.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($9.95B) with the recorded estimate ($9.69B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-29.eps_actual.comparisonLatest report · EPS vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($2.2100) with the recorded estimate ($2.2300) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v276 of 100 · Strong · pillars 84 / 60 / 56 / 63 / 72OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement76 (stored snapshot Oct 3, 2026) → 76 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-28. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-28.revenue_k, fin.q_table.depth.2026-06-28.rd_k, fin.q_table.depth.2026-06-28.sga_k, fin.q_table.depth.2026-06-28.operating_result_k, fin.q_table.depth.2026-03-29.revenue_k, fin.q_table.depth.2026-03-29.rd_k, fin.q_table.depth.2026-03-29.sga_k, fin.q_table.depth.2026-03-29.operating_result_k, fin.q_table.depth.2025-12-28.revenue_k, fin.q_table.depth.2025-12-28.rd_k, fin.q_table.depth.2025-12-28.sga_k, fin.q_table.depth.2025-12-28.operating_result_k, fin.q_table.depth.2025-09-28.revenue_k, fin.q_table.depth.2025-09-28.rd_k, fin.q_table.depth.2025-09-28.sga_k, fin.q_table.depth.2025-09-28.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-29. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-29.revenue_actual, earn.history.depth.2026-07-29.revenue_estimated, earn.history.depth.2026-07-29.revenue_actual.comparison, earn.history.depth.2026-07-29.eps_actual.comparison, earn.history.depth.2026-07-29.eps_actual, earn.history.depth.2026-07-29.eps_estimated, earn.history.depth.2026-04-29.revenue_actual, earn.history.depth.2026-04-29.revenue_estimated, earn.history.depth.2026-04-29.eps_actual, earn.history.depth.2026-04-29.eps_estimated, earn.history.depth.2026-02-04.revenue_actual, earn.history.depth.2026-02-04.revenue_estimated, earn.history.depth.2026-02-04.eps_actual, earn.history.depth.2026-02-04.eps_estimated, earn.history.depth.2025-11-05.revenue_actual, earn.history.depth.2025-11-05.revenue_estimated, earn.history.depth.2025-11-05.eps_actual, earn.history.depth.2025-11-05.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-28. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-28.operating_cash_flow_m, fin.opcf.depth.2026-03-29.operating_cash_flow_m, fin.opcf.depth.2026-06-28.capex_m, fin.opcf.depth.2026-03-29.capex_m, fin.opcf.depth.2025-12-28.operating_cash_flow_m, fin.opcf.depth.2025-12-28.capex_m, fin.opcf.depth.2025-09-28.operating_cash_flow_m, fin.opcf.depth.2025-09-28.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
QUALCOMM Incorporated is a company dedicated to developing and bringing to market fundamental technologies crucial for the global wireless communication industry. Its operations are structured into three primary segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT division specializes in creating and supplying integrated circuits and system software, leveraging 3G, 4G, 5G, and other advanced wireless technologies. These components are essential for a range of products, including those used for wireless voice and data communication, networking, application processing, multimedia, and global positioning. The QTL segment generates revenue by licensing its extensive intellectual property portfolio, which encompasses various patent rights vital for the manufacture and sale of wireless devices, particularly those adhering to standards like CDMA2000, WCDMA, LTE, and OFDMA-based 5G. Through its QSI segment, Qualcomm invests in early-stage companies across diverse sectors such as 5G, artificial intelligence, automotive, consumer electronics, enterprise solutions, cloud computing, and the Internet of Things, aiming to support the introduction of new products and services for both existing and emerging communication applications. Furthermore, the company provides development services and related products to United States government agencies and their contractors. Founded in 1985, QUALCOMM Incorporated maintains its headquarters in San Diego, California.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
QCT: $38.37B; QTL: $5.58B
2025-09-28FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-07-29 — Quote: We also updated our fiscal 2029 financial targets, which now include more than $24 billion in revenue across automotive and IoT plus more than $15 billion in data center, bringing our total non-handset revenue outlook to $40 billion by fiscal 2029, up from our previous target of $22 billion., Speaker: Cristiano Amon
  • Call of 2026-07-29 — Quote: We expect to demonstrate HBC performance on silicon in the coming quarters ahead of the launch of our first HBC solution in mid-2027., Speaker: Cristiano Amon
  • Call of 2026-07-29 — Quote: As we've said this before, we have 2 custom chip engagements, and both of these are global scale hyperscalers and we're going to expect to start seeing revenue from both of them starting in the December quarter., Speaker: Akash Palkhiwala
  • Call of 2026-07-29 — Quote: We expect Android to grow and significantly offset the reduction in Apple and then data center revenue that starts to ramp in the first quarter., Speaker: Akash Palkhiwala

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-29OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-28 — Capital expenditure: -$496.00M, Operating cash flow: $991.00M
  • Quarter ended 2026-03-29 — Capital expenditure: -$533.00M, Operating cash flow: $2.45B
  • Quarter ended 2025-12-28 — Capital expenditure: -$549.00M, Operating cash flow: $4.96B
  • Quarter ended 2025-09-28 — Capital expenditure: -$407.00M, Operating cash flow: $4.00B
  • Quarter ended 2025-06-29 — Capital expenditure: -$294.00M, Operating cash flow: $2.88B
  • Quarter ended 2025-03-30 — Capital expenditure: -$214.00M, Operating cash flow: $2.55B
  • Quarter ended 2024-12-29 — Capital expenditure: -$277.00M, Operating cash flow: $4.59B
  • Quarter ended 2024-09-30 — Capital expenditure: -$256.00M, Operating cash flow: $2.65B
2026-06-28FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $9.04B, Revenue: $44.28B, Period end: 2025-09-28, Net result: $5.54B
  • FY2024 — R&D: $8.89B, Revenue: $38.96B, Period end: 2024-09-30, Net result: $10.14B
  • FY2023 — R&D: $8.82B, Revenue: $35.82B, Period end: 2023-09-30, Net result: $7.23B
  • FY2022 — R&D: $8.19B, Revenue: $44.20B, Period end: 2022-09-30, Net result: $12.94B
  • FY2021 — R&D: $7.18B, Revenue: $33.57B, Period end: 2021-09-30, Net result: $9.04B
2025-09-28FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-28 — EPS: $1.87 per share, R&D: $2.61B, SG&A: $976.00M, EPS basic: $1.89 per share, EPS basis: diluted, Revenue: $9.95B, EPS diluted: $1.87 per share, Net result: $2.00B, Gross profit: $5.28B, Operating result: $1.63B
  • Quarter ended 2026-03-29 — EPS: $6.88 per share, R&D: $2.46B, SG&A: $898.00M, EPS basic: $6.92 per share, EPS basis: diluted, Revenue: $10.60B, EPS diluted: $6.88 per share, Net result: $7.37B, Gross profit: $5.70B, Operating result: $2.31B
  • Quarter ended 2025-12-28 — EPS: $2.78 per share, R&D: $2.45B, SG&A: $865.00M, EPS basic: $2.81 per share, EPS basis: diluted, Revenue: $12.25B, EPS diluted: $2.78 per share, Net result: $3.00B, Gross profit: $6.68B, Operating result: $3.37B
  • Quarter ended 2025-09-28 — EPS: -$2.77 per share, R&D: $2.37B, SG&A: $910.00M, EPS basic: -$2.84 per share, EPS basis: diluted, Revenue: $11.27B, EPS diluted: -$2.77 per share, Net result: -$3.12B, Gross profit: $6.24B, Operating result: $2.92B
  • Quarter ended 2025-06-29 — EPS: $2.43 per share, R&D: $2.23B, SG&A: $771.00M, EPS basic: $2.44 per share, EPS basis: diluted, Revenue: $10.37B, EPS diluted: $2.43 per share, Net result: $2.67B, Gross profit: $5.76B, Operating result: $2.76B
  • Quarter ended 2025-03-30 — EPS: $2.52 per share, R&D: $2.22B, SG&A: $706.00M, EPS basic: $2.55 per share, EPS basis: diluted, Revenue: $10.98B, EPS diluted: $2.52 per share, Net result: $2.81B, Gross profit: $6.04B, Operating result: $3.12B
  • Quarter ended 2024-12-29 — EPS: $2.83 per share, R&D: $2.23B, SG&A: $723.00M, EPS basic: $2.86 per share, EPS basis: diluted, Revenue: $11.67B, EPS diluted: $2.83 per share, Net result: $3.18B, Gross profit: $6.51B, Operating result: $3.56B
  • Quarter ended 2024-09-30 — EPS: $2.58 per share, R&D: $2.30B, SG&A: $761.00M, EPS basic: $2.62 per share, EPS basis: diluted, Revenue: $10.24B, EPS diluted: $2.58 per share, Net result: $2.92B, Gross profit: $5.78B, Operating result: $2.58B
2026-06-28FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-29 — EPS actual: $2.21 per share, EPS estimated: $2.23 per share, Revenue actual: $9.95B, Revenue estimated: $9.69B
  • Reported 2026-04-29 — EPS actual: $2.65 per share, EPS estimated: $2.56 per share, Revenue actual: $10.60B, Revenue estimated: $10.59B
  • Reported 2026-02-04 — EPS actual: $3.5 per share, EPS estimated: $3.39 per share, Revenue actual: $12.25B, Revenue estimated: $12.12B
  • Reported 2025-11-05 — EPS actual: $3 per share, EPS estimated: $2.87 per share, Revenue actual: $11.27B, Revenue estimated: $10.77B
  • Reported 2025-07-30 — EPS actual: $2.77 per share, EPS estimated: $2.71 per share, Revenue actual: $10.37B, Revenue estimated: $10.33B
  • Reported 2025-04-30 — EPS actual: $2.85 per share, EPS estimated: $2.82 per share, Revenue actual: $10.98B, Revenue estimated: $10.64B
  • Reported 2025-02-05 — EPS actual: $3.41 per share, EPS estimated: $2.96 per share, Revenue actual: $11.67B, Revenue estimated: $10.91B
  • Reported 2024-11-06 — EPS actual: $2.69 per share, EPS estimated: $2.56 per share, Revenue actual: $10.24B, Revenue estimated: $9.90B
2026-07-29FMPFinancial Modeling Prep (FMP) earnings
Most recent periodic reports2026-07-29OFFICIALSEC EDGAR filer submissions
Trailing twelve-month ratio set
Quick ratio: 1.28; Current ratio: 2.02; Debt to equity: 0.55; Net margin: 21%; Gross margin: 54.2%; Operating margin: 23.2%; Return on assets: 16.1%; Return on equity: 37.3%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 6.22; Piotroski F-score: 7

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Cash, investments and debt
Total debt: $15.27B; Liquidity basis: cash and short-term investments; Total liabilities: $29.71B; Cash and short-term investments: $8.30B; Cash and investments: $8.30B; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-28FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $8.30B; Cash and short-term investments: $8.30B; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-28COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-28 — Amount: $8.30B, Cash basis: cash and short-term investments
  • 2026-03-29 — Amount: $9.80B, Cash basis: cash and short-term investments
  • 2025-12-28 — Amount: $11.82B, Cash basis: cash and short-term investments
  • 2025-09-28 — Amount: $12.48B, Cash basis: cash and short-term investments
  • 2025-06-29 — Amount: $10.01B, Cash basis: cash and short-term investments
  • 2025-03-30 — Amount: $13.85B, Cash basis: cash and short-term investments
  • 2024-12-29 — Amount: $14.30B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $13.30B, Cash basis: cash and short-term investments
2026-06-28FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash decline over the reported window
To: 2026-06-28; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $8.30B; Decline: $5.00B; Opening balance: $13.30B; Average change per period: $713.70M

Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-28 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length.

2026-06-28COMPUTEDComputed from reported balances
Cash against market value
As of: 2026-06-28; Cash basis: cash and short-term investments; Net cash: -$6.97B; Total debt: $15.27B; Cash and investments: $8.30B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-28COMPUTEDComputed from the balance sheet and the latest market capitalization
Next earnings report
Date: 2026-11-04; EPS estimate: $2.18 per share; Revenue estimate: $10.15B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $10.17 per share, Revenue average: $45.05B, Revenue low: $41.94B, Revenue high: $46.97B, Analysts (revenue): 25
  • FY2028 — EPS average: $13.13 per share, Revenue average: $52.26B, Revenue low: $45.21B, Revenue high: $59.40B, Analysts (revenue): 24
  • FY2029 — EPS average: $17.23 per share, Revenue average: $61.24B, Revenue low: $57.48B, Revenue high: $64.54B, Analysts (revenue): 12
  • FY2030 — EPS average: $22.03 per share, Revenue average: $68.42B, Revenue low: $64.22B, Revenue high: $72.11B, Analysts (revenue): 23
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Sector / industry (provider taxonomy)
Technology / Semiconductors

The company's SEC filings classify it under SIC 3663 — Radio & Tv Broadcasting & Communications Equipment.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold QCOM

Funds in our ETF coverage that list QCOM among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
iShares U.S. Digital Infrastructure and Real Estate ETF (IGN)4.80%
NXTI ETF2.27%
American Century STOXX U.S. Quality Value ETF (VALQ)1.65%