QUALCOMM Incorporated

QCOM Technology Semiconductors

QUALCOMM Incorporated’s revenue for fiscal 2026 (year ended September 2026) was $43.1 billion, down 2.63% from fiscal 2025.

Revenue
−8.42%
EPS
+141.2%
Free cash flow
−24.0%
Total debt
+2.03%

Quarter to September 2026, against a year earlier

164.71 7.96 +5.08%
Market cap
$167.4B
P/E
12.5×
Fwd P/E
13.2×
Dividend yield
2.25%
F-score
5/9
Altman Z
5.88
Beneish M
−2.13
Dividend safety
n/a

QUALCOMM Incorporated (QCOM) Gross margin

Alert me on Gross margin

QUALCOMM Incorporated's gross margin over the twelve months to 30 September 2026 was 53.1%. Over the past ten years it has ranged from 53.1% (fiscal 2026) to 64.6% (fiscal 2019) — the current reading is the lowest in ten years. That is in line with the Semiconductors industry median of 52.2% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 53.1% (2.33)
FY2025 55.4% (0.78)
FY2024 56.2% 0.51
FY2023 55.7% (2.14)
FY2022 57.8% 0.33
FY2021 57.5% (3.16)
FY2020 60.7% (3.90)
FY2019 64.6% 9.88
FY2018 54.7% (1.32)
FY2017 56.0% (2.60)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 50.8% (2.30)
Jun 2026 53.1% (0.72)
Mar 2026 53.8% (0.78)
Dec 2025 54.6% (0.79)
43 more quarters

Against its own ten years

Low 53.1% High 64.6%
Ten-year median 56.9%
Current reading's percentile 2

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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