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.

165.01 20.40 −11.00%
Market cap
$198.0B
P/E
18.9×
Fwd P/E
14.1×
Dividend yield
2.19%
F-score
6/9
Altman Z
6.45
Beneish M
−3.26
Dividend safety
69/100

QUALCOMM Incorporated (QCOM) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2024: revenue by segment, and margins
QCT 33,196 85.20%
QTL 5,572 14.30%
QSI 18 0.05%
Gross margin 56.21%
Operating margin 25.85%
Pre-tax margin 26.53%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
QCT 38,367 33,196 30,382 37,677 27,019 16,493 17,282 16,479 15,409 17,154 18,665 16,715 12,141 8,859 6,695 6,135
QTL 5,582 5,572 5,306 6,358 6,320 5,028 5,042 6,412 7,664 7,947 7,569 7,554 6,327 5,422 3,659 3,605
QSI 0 18 28 31 45 36 100 113 47 4 0 0 0 0 0 0
Other Operating Segment — — — 134 128 133 287 311 438 181 258 601 657 23 10 21
Segment Reconciling Items — — — — — — — — — — — 597 653 20 0 6
Intersegment Eliminations — — — — — — — — — — — (4) — (3) (10) (15)
Qwi — — — — — — — — — — — — — 656 628 641
Reconciling Items — — — — — — — — — — — — — — — 6
Other, not broken out 335 — — — — 1,841 — — — — — — — — — —
Eliminations — — — — — — — (1,057) — — — (597) (657) — — —
Revenue 44,284 38,962 35,820 44,200 33,566 23,531 22,611 22,258 23,554 25,281 26,487 24,866 19,121 14,957 10,982 10,387

Gross profit by segment $m, and margin

Revenue by region $m

Line FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
China 22,382 28,119 22,512 14,001 11,610 15,149 14,579 13,503 13,337 13,200 12,288 7,971 4,744
Viet Nam 4,551 6,063 3,114 2,212 — — — — — — — — —
Other Foreign 4,356 5,372 4,166 3,225 4,532 3,683 3,628 5,747 7,591 3,867 4,107 3,332 3,879
Korea, Republic Of 3,272 3,164 2,368 2,964 2,400 3,175 3,538 3,918 4,107 6,172 4,983 4,203 2,887
United States 1,259 1,482 1,406 1,129 2,774 603 513 386 246 372 805 967 897
Ireland — — — — 2,957 1 0 — — — — — —
Taiwan, Province Of China — — — — — — — — — 2,876 2,683 2,648 2,550
Revenue 35,820 44,200 33,566 23,531 24,273 22,611 22,258 23,554 25,281 26,487 24,866 19,121 14,957

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.