Qualcomm Inc (QCOM) Financials
Key financial figures for Qualcomm Inc (Q3 2026).
Qualcomm's Q3 FY2026 revenue fell 4% year-over-year to $9.9 billion as handset weakness persisted, while combined QCT Automotive and IoT revenue grew 28% year-over-year and the company completed its acquisition of Modular Inc. Revenue of $9.9 billion (GAAP), down 4% year-over-year from $10.4 billion, at the high end of prior guidance despite what CEO Cristiano Amon called a "challenging memory and supply environment." GAAP diluted EPS of $1.87 (down from $2.43 a year ago); Non-GAAP diluted EPS of $2.21 (down from $2.77 a year ago). On the outlook: Qualcomm guided Q4 FY2026 (quarter ending late September 2026) revenue to $9.7-$10.5 billion and non-GAAP diluted EPS to $2.05-$2.25, with QCT revenue guided to $8.4-$9.0 billion and QTL revenue to $1.2-$1.4 billion; management cited broad-based semiconductor input-cost increases (wafer fab, assembly, test, packaging, memory) that are being reflected gradually in product pricing. Figures are for Q3 FY2026, as Qualcomm Incorporated reported them.
- Revenue
- $9.9B
- Net Income
- $2.0B
- EPS
- $1.89
- Total Assets
- $57.4B
- Operating Cash Flow
- $991M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $9.9B | $2.0B | $1.87 | 16.35% | $495M |
| Q2 FY2026 | $10.6B | $7.4B | $6.88 | 21.79% | $1.9B |
| Q1 FY2026 | $12.3B | $3.0B | $2.78 | 27.47% | $4.4B |
| Q4 FY2025 | $11.3B | -$3.1B | -$2.77 | 25.89% | $3.6B |
| Q3 FY2025 | $10.4B | $2.7B | $2.43 | 26.65% | $2.6B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $44.3B | $5.5B | $5.01 | 27.9% | $12.8B |
| FY2024 | $39.0B | $10.1B | $8.98 | 25.85% | $11.2B |
| FY2023 | $35.8B | $7.2B | $6.42 | 21.74% | $9.8B |
Frequently asked questions
What was Qualcomm Incorporated's revenue last quarter?
Qualcomm Incorporated reported revenue of $9.95 billion for Q3 FY2026, down 4.0% from the same period a year earlier.
Is Qualcomm Incorporated profitable?
Yes. Qualcomm Incorporated reported net income of $2.00 billion for Q3 FY2026, a net margin of 20.13% on revenue.
How has Qualcomm Incorporated's margin trended?
Operating margin was 16.35% in Q3 FY2026, compared with 26.65% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Qualcomm Incorporated generate?
Qualcomm Incorporated generated free cash flow of $495.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Qualcomm Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.