QUALCOMM Incorporated (QCOM) income statement
NASDAQ · Technology · Semiconductors · 52,000 employees · CEO Cristiano Renno Amon
- Price
- $164.79 -11.12%
- Market cap
- $176B
- Enterprise value
- $187B
- Last report
- Q3 '26 filed 2026-07-29
- Next report
- 2026-11-04 EPS est. $2.17
QUALCOMM Incorporated (QCOM) reported revenue of $9.95B for Q3 '26 (-4.0% year on year), operating income of $1.63B (16.3% of revenue) and net income of $2B. Over the last four quarters revenue was $44.1B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.63B | $9.94B | $9.39B | $9.39B | $10.2B | $11.7B | $11B | $10.4B | $11.3B | $12.3B | $10.6B | $9.95B | |
| Cost of revenue | $3.88B | $4.31B | $4.11B | $4.17B | $4.47B | $5.16B | $4.94B | $4.61B | $5.03B | $5.57B | $4.9B | $4.67B | |
| Gross profit | $4.75B | $5.62B | $5.28B | $5.22B | $5.78B | $6.51B | $6.04B | $5.76B | $6.24B | $6.68B | $5.7B | $5.28B | |
| Research & development | $2.14B | $2.1B | $2.24B | $2.26B | $2.3B | $2.23B | $2.22B | $2.23B | $2.37B | $2.45B | $2.46B | $2.61B | |
| Other operating expenses | $577M | -$28M | $0 | $75M | $132M | $0 | $0 | $0 | $39M | $0 | $29M | $68M | |
| Operating expenses | $3.34B | $2.7B | $2.94B | $3B | $3.2B | $2.95B | $2.92B | $3B | $3.32B | $3.32B | $3.39B | $3.65B | |
| Operating income | $1.41B | $2.93B | $2.34B | $2.22B | $2.58B | $3.56B | $3.12B | $2.76B | $2.92B | $3.37B | $2.31B | $1.63B | |
| Interest income | $120M | $149M | $160M | $182M | $185M | $169M | $167M | $160M | $143M | $136M | $113M | $97M | |
| Interest expense | $173M | $178M | $172M | $168M | $180M | $163M | $163M | $168M | $170M | $169M | $171M | $178M | |
| Other non-operating income (gains on investments, FX ...) | -$183M | $28M | -$330M | -$75M | -$194M | -$243M | $178M | -$358M | -$223M | -$350M | -$94M | -$1.01B | |
| Total non-operating income | $10M | $34M | $158M | $58M | $14M | $80M | -$15M | $190M | $53M | $181M | -$77M | $836M | |
| Income before tax | $1.42B | $2.96B | $2.5B | $2.28B | $2.6B | $3.64B | $3.11B | $2.95B | $2.97B | $3.55B | $2.23B | $2.46B | |
| Income tax | -$209M | $151M | $223M | $171M | -$319M | $455M | $293M | $286M | $6.09B | $543M | -$5.14B | $460M | |
| Net income | $1.49B | $2.77B | $2.33B | $2.13B | $2.92B | $3.18B | $2.81B | $2.67B | -$3.12B | $3B | $7.37B | $2B | |
| EPS (basic) | $1.33 | $2.48 | $2.08 | $1.91 | $2.62 | $2.86 | $2.55 | $2.44 | -$2.84 | $2.81 | $6.92 | $1.89 | |
| EPS (diluted) | $1.32 | $2.46 | $2.06 | $1.88 | $2.58 | $2.83 | $2.52 | $2.43 | -$2.77 | $2.78 | $6.88 | $1.87 | |
| Shares (basic, weighted) | 1.12B | 1.12B | 1.12B | 1.12B | 1.12B | 1.11B | 1.1B | 1.09B | 1.1B | 1.07B | 1.07B | 1.06B | |
| Shares (diluted, weighted) | 1.13B | 1.13B | 1.13B | 1.13B | 1.13B | 1.12B | 1.12B | 1.1B | 1.11B | 1.08B | 1.07B | 1.07B | |
| Depreciation & amortization | $462M | $437M | $411M | $419M | $439M | $436M | $397M | $398M | $371M | $393M | $413M | $396M | |
| EBITDA | $2.06B | $3.34B | $3.08B | $2.72B | $3.22B | $4.23B | $3.34B | $3.52B | $3.51B | $4.11B | $2.82B | $3.04B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.6B | $22.3B | $22.7B | $24.3B | $23.5B | $33.6B | $44.2B | $35.8B | $39B | $44.3B | |
| Cost of revenue | $9.75B | $9.79B | $10.2B | $8.6B | $9.26B | $14.3B | $18.6B | $15.9B | $17.1B | $19.7B | |
| Gross profit | $13.8B | $12.5B | $12.5B | $15.7B | $14.3B | $19.3B | $25.6B | $20B | $21.9B | $24.5B | |
| Research & development | $5.15B | $5.49B | $5.63B | $5.4B | $5.98B | $7.18B | $8.19B | $8.82B | $8.89B | $9.04B | |
| Other operating expenses | -$226M | $1.74B | $3.14B | $414M | -$28M | $0 | -$1.06B | $862M | $179M | $39M | |
| Operating expenses | $7.31B | $9.89B | $11.7B | $8.01B | $8.02B | $9.52B | $9.71B | $12.2B | $11.8B | $12.2B | |
| Operating income | $6.5B | $2.58B | $621M | $7.67B | $6.26B | $9.79B | $15.9B | $7.79B | $10.1B | $12.4B | |
| Interest income | $611M | $619M | $611M | $300M | $156M | $83M | $91M | $313M | $675M | $639M | |
| Interest expense | $297M | $494M | $768M | $627M | $602M | $559M | $490M | $694M | $697M | $664M | |
| Other non-operating income (gains on investments, FX ...) | -$317M | -$2B | -$539M | -$414M | $28M | -$1.04B | $372M | -$349M | -$962M | -$972M | |
| Total non-operating income | $338M | $439M | -$229M | -$186M | -$536M | $485M | -$862M | -$345M | $265M | $308M | |
| Income before tax | $6.83B | $3.02B | $513M | $7.48B | $5.72B | $10.3B | $15B | $7.44B | $10.3B | $12.7B | |
| Income tax | $1.13B | $555M | $5.38B | $3.1B | $521M | $1.23B | $2.01B | $104M | $226M | $7.12B | |
| Net income | $5.71B | $2.47B | -$4.96B | $4.39B | $5.2B | $9.04B | $12.9B | $7.23B | $10.1B | $5.54B | |
| EPS (basic) | $3.84 | $1.66 | -$3.32 | $3.62 | $4.58 | $8.00 | $11.52 | $6.47 | $9.09 | $5.06 | |
| EPS (diluted) | $3.81 | $1.64 | -$3.32 | $3.60 | $4.52 | $7.87 | $11.38 | $6.42 | $8.98 | $5.01 | |
| Shares (basic, weighted) | 1.48B | 1.48B | 1.46B | 1.21B | 1.14B | 1.13B | 1.12B | 1.12B | 1.12B | 1.1B | |
| Shares (diluted, weighted) | 1.5B | 1.49B | 1.46B | 1.22B | 1.15B | 1.15B | 1.14B | 1.13B | 1.13B | 1.11B | |
| Depreciation & amortization | $1.43B | $1.46B | $1.56B | $1.4B | $1.39B | $1.58B | $1.76B | $1.81B | $1.71B | $1.6B | |
| EBITDA | $8.24B | $4.98B | $5.34B | $9.48B | $7.62B | $12.4B | $17.3B | $9.95B | $12.7B | $14.9B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-28, 10-Q 2026-03-29, 10-Q 2025-12-28, 10-K 2025-09-28, 10-Q 2025-06-29, 10-Q 2025-03-30, 10-Q 2024-12-29, 10-K 2024-09-29
Not updated in the last refresh (older data or none shown): SEC segments.
Data as of 2026-11-01