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

165.31 8.56 +5.46%
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) Operating margin

Alert me on Operating margin

QUALCOMM Incorporated's operating margin over the twelve months to 30 September 2026 was 20.1%. Over the past ten years it has ranged from 2.75% (fiscal 2018) to 35.9% (fiscal 2022); the current reading is higher than 25% of that period. That is above the Semiconductors industry median of 5.47% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 20.1% (7.82)
FY2025 27.9% 2.05
FY2024 25.9% 4.11
FY2023 21.7% (14.14)
FY2022 35.9% 6.72
FY2021 29.2% 2.58
FY2020 26.6% (5.01)
FY2019 31.6% 28.84
FY2018 2.75% (8.85)
FY2017 11.6% (15.97)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 13.2% (3.20)
Jun 2026 16.4% (5.44)
Mar 2026 21.8% (5.68)
Dec 2025 27.5% 1.58
43 more quarters

Against its own ten years

Low 2.75% High 35.9%
Ten-year median 26.2%
Current reading's percentile 23

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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