Qualcomm Inc (QCOM) Financial Statements
Industry: Radio & Tv Broadcasting & Communications Equipment
In fiscal 2025, Qualcomm reported revenue of $44.28B, up 13.7% from $38.96B the year before. Net income was $5.54B (a 12.5% net margin), or $5.01 per diluted share. Gross margin was 55.4% and operating margin was 27.9%. Operating activities generated $14.01B of cash, leaving $12.82B of free cash flow. At fiscal year end, Qualcomm held $50.14B in total assets against $28.94B in total liabilities, including $5.52B of cash and equivalents.
Open the full interactive Qualcomm financials → Quarterly statements, key ratios, valuation history and price charts.
Qualcomm Key Stats
| Share Price | $176.86 |
|---|---|
| Market Cap | $189.06B |
| P/E Ratio | 35.3 |
| Revenue YoY Growth | +13.7% |
| 52-Week Range | $122.94 – $248.74 |
| Shares Outstanding | 1.06 billion (basic, 2026 Q3) |
Qualcomm Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $23.53B | $33.57B | $44.20B | $35.82B | $38.96B | $44.28B |
| Cost of Goods Sold | $17.28B | $23.78B | $28.34B | $28.03B | $28.89B | $31.93B |
| Gross Profit | $14.28B | $19.30B | $25.57B | $19.95B | $21.90B | $24.55B |
| Operating Income | $6.25B | $9.79B | $15.86B | $7.79B | $10.07B | $12.36B |
| Pre-Tax Income | $5.72B | $10.27B | $15.00B | $7.44B | $10.34B | $12.66B |
| Income Tax | $521.0M | $1.23B | $2.01B | $104.0M | $226.0M | $7.12B |
| Net Income | $5.20B | $9.04B | $12.94B | $7.23B | $10.14B | $5.54B |
| Diluted EPS | $4.52 | $7.87 | $11.37 | $6.42 | $8.97 | $5.01 |
Qualcomm Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $11.27B | $12.25B | $10.60B | $9.95B |
| Net Income | -$3.12B | $3.00B | $7.37B | $2.00B |
| Diluted EPS | -$2.82 | $2.78 | $6.88 | $1.87 |
Qualcomm Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.71B | $7.12B | $2.77B | $8.45B | $7.85B | $5.52B |
| Current Assets | $18.52B | $20.07B | $20.72B | $22.46B | $25.23B | $25.75B |
| Total Assets | $35.59B | $41.24B | $49.01B | $51.04B | $55.15B | $50.14B |
| Current Liabilities | $8.67B | $11.95B | $11.87B | $9.63B | $10.50B | $9.14B |
| Total Long-Term Debt | $15.23B | $15.24B | $14.98B | $15.40B | $14.63B | $14.81B |
| Total Liabilities | $29.52B | $31.29B | $31.00B | $29.46B | $28.88B | $28.94B |
| Shareholders' Equity | $6.08B | $9.95B | $18.01B | $21.58B | $26.27B | $21.21B |
Qualcomm Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $5.81B | $10.54B | $9.10B | $11.30B | $12.20B | $14.01B |
| Cash From Investing | -$5.26B | -$3.36B | -$5.80B | $762.0M | -$3.62B | -$800.0M |
| Cash From Financing | -$5.71B | -$6.80B | -$7.20B | -$6.66B | -$9.27B | -$13.20B |
| Free Cash Flow | $4.41B | $8.65B | $6.83B | $9.85B | $11.16B | $12.82B |
Figures from Qualcomm's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Qualcomm financials page for every line item.
Qualcomm Company Profile
| Ticker | QCOM |
|---|---|
| Exchange | Nasdaq |
| Industry | Radio & Tv Broadcasting & Communications Equipment |
| Headquarters | San Diego, California |
| Incorporated in | Delaware |
| Fiscal Year End | September 27 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000804328 |
Frequently Asked Questions
What was Qualcomm's revenue in fiscal 2025?
Qualcomm (QCOM) reported revenue of $44.28B for fiscal 2025.
What is Qualcomm's annual revenue history?
Qualcomm's annual revenue by fiscal year: 2020: $23.53B; 2021: $33.57B; 2022: $44.20B; 2023: $35.82B; 2024: $38.96B; 2025: $44.28B.
What was Qualcomm's net income in fiscal 2025?
Qualcomm reported net income of $5.54B for fiscal 2025.
What was Qualcomm's earnings per share (EPS) in fiscal 2025?
Qualcomm's diluted EPS was $5.01 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Qualcomm generate in fiscal 2025?
Qualcomm generated $12.82B of free cash flow in fiscal 2025.
What was Qualcomm's revenue last quarter?
In its most recent reported quarter (2026 Q3), Qualcomm reported revenue of $9.95B.
How much debt does Qualcomm have?
Qualcomm reported $14.81B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Qualcomm are outstanding?
Qualcomm reported a weighted average of 1.06 billion basic shares outstanding in 2026 Q3.
What is Qualcomm's market cap?
Based on its latest closing price, Qualcomm (QCOM) has a market capitalization of about $189.06B.
When does Qualcomm's fiscal year end?
Qualcomm's fiscal year end, as registered with the SEC, is September 27.
Where is Qualcomm headquartered?
Qualcomm lists its business address in San Diego, California in its SEC filings.
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