QUALCOMM Incorporated

QCOM Technology Semiconductors

QUALCOMM Incorporated’s revenue for fiscal 2025 (year ended September 2025) was $44.3 billion, up 13.7% from fiscal 2024. In the quarter to June 2026, revenue fell 4.03%, EPS fell 22.5%, free cash flow fell 80.8% and total debt rose 3.26%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.

172.11 6.29 −3.53%
Market cap
$190.5B
P/E
19.7×
Fwd P/E
17.1×
Dividend yield
2.10%
F-score
6/9
Altman Z
6.45
Beneish M
−3.26
Dividend safety
69/100

QUALCOMM Incorporated (QCOM) Operating margin

Alert me on Operating margin

QUALCOMM Incorporated's operating margin over the twelve months to 30 June 2026 was 23.2%, down 4.7 percentage points from fiscal 2025 (27.9%). Over the past ten years it has ranged from 2.75% (fiscal 2018) to 35.9% (fiscal 2022); the current reading is higher than 73% of that period. That is above the Semiconductors industry median of 4.76% and above the Technology sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
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)
FY2016 27.6% 4.72

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 16.4% (5.44)
Mar 2026 21.8% (5.68)
Dec 2025 27.5% 1.58
Sep 2025 25.9% (0.76)
42 more quarters

Against its own ten years

Low 2.75% High 35.9%
Ten-year median 26.6%
Current reading's percentile 31

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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