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Pokedex/Fabless/QCOM
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Fabless·QCOM
QUALCOMM Incorporated logo

QUALCOMM Incorporated

NASDAQ · US

Mobile, edge AI, automotive, and connectivity SoC designer.

AI relevance

On-device and edge inference silicon platform.

FablessConnectivityEdge SoC

Price

$195.48

Change

-8.65 (-4.24%)

Market cap

$206.0B

52w range

$122–$260

Exchange

NASDAQ

Country

US

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Price chart

QCOM market performance

Daily close for QUALCOMM Incorporated

$113.9$150.7$187.5$224.4$261.2Jun 25Sep 25Dec 25Mar 26Jun 26
Latest close
$195.6
Range move
+$39.86 (+25.6%)
Range high
$251.0
Range low
$124.1
Latest volume
9.5M
Source
FMP EOD
Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

12 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

12 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

12 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

12 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

12 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

1255 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

82 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download
StreetHold

Analyst expectations

Consensus target
$194.00
-0.8%
Target range
$120.00 - $300.00
Rating mix
Hold
69 ratings
Next FY revenue
$42.58B
2026-09-28
Next FY EPS
$10.76
$10.46 - $11.38
Rating consensus69 ratings

Strong buy

1

Buy

29

Hold

34

Sell

5

Strong sell

0

Annual estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-09-28$42.58B$41.91B - $43.53B$10.76$10.46 - $11.38$14.49B$12.64B$12.06B$2.88B25 rev / 20 EPS
2027-09-28$42.77B$40.59B - $47.21B$10.59$9.61 - $12.41$14.56B$12.70B$12.16B$2.89B25 rev / 20 EPS
2028-09-28$46.76B$46.59B - $46.93B$11.94$9.35 - $13.88$15.92B$13.88B$10.34B$3.16B16 rev / 6 EPS
2029-09-28$52.93B$50.81B - $56.54B$14.55$13.79 - $15.84$18.02B$15.72B$16.08B$3.58B8 rev / 2 EPS
Quarterly estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-06-29$9.67B$9.49B - $10.23B$2.23$2.18 - $2.32$3.29B$2.87B$2.39B$654.3M17 rev / 19 EPS
2026-09-29$10.00B$9.69B - $10.91B$2.35$2.09 - $2.96$3.40B$2.97B$2.52B$676.2M17 rev / 18 EPS
2026-12-29$10.78B$10.30B - $11.85B$2.69$2.53 - $3.04$3.67B$3.20B$2.88B$729.0M8 rev / 14 EPS
2027-03-29$10.39B$9.93B - $11.43B$2.53$2.38 - $2.86$3.54B$3.09B$2.71B$703.1M8 rev / 8 EPS
2027-06-29$10.39B$9.93B - $11.43B$2.52$2.37 - $2.85$3.54B$3.09B$2.70B$702.9M16 rev / 8 EPS
2027-09-29$10.98B$10.49B - $12.07B$2.73$2.58 - $3.09$3.74B$3.26B$2.93B$742.4M10 rev / 12 EPS
2027-12-29$11.41B$10.91B - $12.55B$3.03$2.86 - $3.43$3.89B$3.39B$3.25B$772.0M8 rev / 8 EPS
2028-03-29$11.54B$11.02B - $12.69B$2.83$2.67 - $3.20$3.93B$3.42B$3.03B$780.3M8 rev / 17 EPS
Price target history
WindowTargetsAverage target
Last month3$210.00
Last quarter19$189.21
Last year39$180.33
All time108$183.31

Sources: TheFly, StreetInsider, Benzinga, Pulse 2.0, Investing, TipRanks Contributor

Latest grade actions
DateFirmActionPreviousNew
2026-06-23B of A SecuritiesMaintainUnderperformUnderperform
2026-06-22Cantor FitzgeraldMaintainNeutralNeutral
2026-06-12Wells FargoMaintainEqual WeightEqual Weight
2026-05-08Tigress FinancialMaintainBuyBuy
2026-05-08Daiwa CapitalUpgradeNeutralOutperform
2026-04-30Wells FargoMaintainEqual WeightEqual Weight
2026-04-30RosenblattMaintainBuyBuy
2026-04-30SusquehannaMaintainNeutralNeutral
Historical rating snapshots
DateStrong buyBuyHoldSellStrong sell
2026-06-012102233
2026-05-012102433
2026-04-013102422
2026-03-013102321
2026-02-014112330
2026-01-015122010
2025-12-015121910
2025-11-015121910
FinancialsFY 2025

Financials

Revenue
$44.28B
Gross margin
55.4%
Operating income
$12.36B
Free cash flow
$12.82B
Cash + ST investments
$12.48B
Net debt
$8.53B
ROE
26.1%
ROIC
13.2%
EV / sales
4.3x
EV / EBITDA
12.7x
R&D / revenue
20.4%
Current ratio
2.8x
Income statement annual
PeriodRevenueGross profitGross marginR&DOperating incomeEBITDANet incomeEPS
FY 2025$44.28B$24.55B55.4%$9.04B$12.36B$14.93B$5.54B$5.06
FY 2024$38.96B$21.90B56.2%$8.89B$10.07B$12.74B$10.14B$9.09
FY 2023$35.82B$19.95B55.7%$8.82B$7.79B$9.95B$7.23B$6.47
FY 2022$44.20B$25.57B57.8%$8.19B$15.86B$17.25B$12.94B$11.52
FY 2021$33.57B$19.30B57.5%$7.18B$9.79B$12.41B$9.04B$8.00
FY 2020$23.53B$14.28B60.7%$5.97B$6.25B$7.62B$5.20B$4.58
FY 2019$24.27B$15.67B64.6%$5.40B$7.67B$9.48B$4.39B$3.62
FY 2018$22.73B$12.49B54.9%$5.63B$621.0M$5.33B-$4.96B$-3.32
FY 2017$22.29B$12.50B56.1%$5.49B$2.58B$4.97B$2.47B$1.66
FY 2016$23.55B$13.80B58.6%$5.15B$6.50B$8.24B$5.71B$3.84
FY 2015$25.28B$14.90B58.9%$5.49B$5.78B$8.64B$5.27B$3.26
FY 2014$26.49B$15.80B59.7%$5.48B$7.55B$9.49B$7.97B$4.73
Cash flow annual
PeriodOperating cash flowCapexFree cash flow
FY 2025$14.01B$1.19B$12.82B
FY 2024$12.20B$1.04B$11.16B
FY 2023$11.30B$1.45B$9.85B
FY 2022$9.10B$2.26B$6.83B
FY 2021$10.54B$1.89B$8.65B
FY 2020$5.81B$1.41B$4.41B
FY 2019$7.29B$887.0M$6.40B
FY 2018$3.90B$784.0M$3.11B
FY 2017$4.69B$690.0M$4.00B
FY 2016$7.40B$539.0M$6.86B
FY 2015$5.51B$994.0M$4.51B
FY 2014$8.89B$1.19B$7.70B
Balance sheet annual
PeriodCash + ST inv.ReceivablesInventoryPP&EAssetsDebtNet debtLiabilitiesEquity
FY 2025$12.48B$4.32B$8.03B$4.69B$50.14B$16.37B$8.53B$28.94B$21.21B
FY 2024$13.30B$3.93B$6.42B$4.67B$55.15B$15.44B$7.59B$28.88B$26.27B
FY 2023$11.32B$3.18B$6.42B$5.04B$51.04B$16.07B$7.62B$29.46B$21.58B
FY 2022$6.38B$5.64B$7.04B$5.17B$49.01B$16.16B$13.39B$31.00B$18.01B
FY 2021$12.41B$3.58B$3.23B$4.56B$41.24B$16.30B$9.18B$31.29B$9.95B
FY 2020$11.21B$4.00B$2.60B$3.71B$35.59B$15.73B$9.02B$29.52B$6.08B
FY 2019$12.26B$2.47B$1.40B$3.08B$32.96B$15.93B$4.09B$28.05B$4.91B
FY 2018$12.09B$2.90B$1.69B$2.98B$32.69B$16.37B$4.59B$31.76B$928.0M
FY 2017$37.31B$3.63B$2.04B$3.22B$65.49B$21.89B-$13.14B$34.74B$30.75B
FY 2016$18.65B$2.22B$1.56B$2.31B$52.36B$11.76B$5.81B$20.59B$31.78B
FY 2015$17.32B$1.96B$1.49B$2.53B$50.80B$10.97B$3.41B$19.38B$31.42B
FY 2014$17.57B$2.41B$1.46B$2.49B$48.57B$0-$7.91B$9.41B$39.17B
Annual ratios and key metrics
PeriodGross marginOp marginNet marginCurrentQuickROEROICEV / salesEV / EBITDAFCF yieldR&D / rev.Cash cycle
FY 202555.4%27.9%12.5%2.8x1.9x26.1%13.2%4.3x12.7x7.1%20.4%132d
FY 202456.2%25.8%26.0%2.4x1.8x38.6%21.4%5.1x15.5x5.9%22.8%119d
FY 202355.7%21.7%20.2%2.3x1.7x33.5%18.1%3.7x13.2x7.9%24.6%136d
FY 202257.8%35.9%29.3%1.7x1.2x71.8%35.0%3.2x8.1x5.4%18.5%110d
FY 202157.5%29.2%26.9%1.7x1.4x90.9%27.4%4.6x12.5x5.9%21.4%51d
FY 202060.7%26.6%22.1%2.1x1.8x85.5%20.7%6.1x18.7x3.3%25.4%76d
FY 201964.6%31.6%18.1%1.9x1.7x89.3%17.0%4.0x10.2x6.9%22.2%39d
FY 201854.9%2.7%-21.8%1.5x1.4x-534.9%-26.2%4.9x20.8x2.9%24.7%42d
FY 201756.1%11.6%11.1%4.0x3.8x8.0%3.7%2.8x12.8x5.2%24.6%62d
FY 201658.6%27.6%24.2%3.1x2.9x18.0%11.6%4.6x13.0x6.7%21.9%23d
FY 201558.9%22.8%20.8%3.6x3.4x16.8%10.3%3.6x10.5x5.2%21.7%35d
FY 201459.7%28.5%30.1%3.7x3.5x20.3%15.2%4.5x12.4x6.1%20.7%8d
Annual growth
PeriodRevenueGross profitR&DOp incomeNet incomeEPSFCFCapexCash + ST inv.InventoryAssetsDebt
FY 2025+13.7%+12.1%+1.7%+22.7%-45.4%-44.3%+14.9%-14.5%-6.2%+25.0%-9.1%+6.0%
FY 2024+8.8%+9.8%+0.9%+29.3%+40.2%+40.5%+13.3%+28.2%+17.4%+0.0%+8.1%-3.9%
FY 2023-19.0%-22.0%+7.6%-50.9%-44.1%-43.8%+44.1%+35.9%+77.4%-8.8%+4.1%-0.6%
FY 2022+31.7%+32.4%+14.2%+62.0%+43.0%+44.0%-21.0%-19.8%-48.6%+118.2%+18.9%-0.9%
FY 2021+42.6%+35.2%+20.1%+56.5%+74.0%+74.7%+96.2%-34.2%+10.7%+24.2%+15.9%+3.6%
FY 2020-3.1%-8.9%+10.7%-18.4%+18.5%+26.5%-31.1%-58.6%-8.5%+85.6%+8.0%-1.3%
FY 2019+6.8%+25.5%-4.0%+1134.6%+188.4%+209.0%+105.7%-13.1%+1.4%-17.3%+0.8%-2.7%
FY 2018+2.0%-0.1%+2.6%-75.9%-301.3%-300.0%-22.3%-13.6%-67.6%-16.8%-50.1%-25.2%
FY 2017-5.4%-9.5%+6.5%-60.3%-56.8%-56.8%-41.7%-28.0%+100.1%+30.8%+25.1%+86.2%
FY 2016-6.8%-7.4%-6.2%+12.4%+8.2%+17.8%+52.1%+45.8%+7.7%+4.3%+3.1%+7.2%
FY 2015-4.6%-5.7%+0.2%-23.5%-33.8%-31.1%-41.4%+16.1%-1.4%+2.3%+4.6%0.0%
FY 2014+6.5%+5.0%+10.3%+4.4%+16.3%+18.5%-0.4%-13.1%+17.4%+12.0%+6.7%-100.0%
SegmentsFY 2025

Revenue Mix

Latest product mixFY 2025 · $43.95B
QCT$38.37B · 87.3%
QTL$5.58B · 12.7%
Latest geography mixFY 2023 · $35.82B
CHINA$22.38B · 62.5%
VIET NAM$4.55B · 12.7%
Other Foreign$4.36B · 12.2%
KOREA, REPUBLIC OF$3.27B · 9.1%
UNITED STATES$1.26B · 3.5%
Product revenue annual
PeriodTotalQCTQTLOther SegmentsQSISegment Reconciling ItemsIntersegment Elimination
FY 2025$43.95B$38.37B$5.58B--------
FY 2024$38.79B$33.20B$5.57B--$18.0M----
FY 2023$35.86B$30.38B$5.31B$144.0M$28.0M----
FY 2022$44.20B$37.68B$6.36B$134.0M$31.0M----
FY 2021$33.51B$27.02B$6.32B$128.0M$45.0M----
FY 2020$21.69B$16.49B$5.03B$133.0M$36.0M----
FY 2019$19.55B$14.64B$4.59B$168.0M$152.0M----
FY 2018$22.83B$17.28B$5.16B$287.0M$100.0M----
FY 2017$23.35B$16.48B$6.45B$311.0M$113.0M----
FY 2016$23.56B$15.41B$7.66B$438.0M$47.0M----
FY 2015$25.46B$17.15B$7.95B$181.0M$4.0M$176.0M-$5.0M
FY 2014$26.49B$18.66B$7.57B$258.0M------
Geography revenue annual
PeriodTotalCHINAOther ForeignKOREA, REPUBLIC OFTAIWAN, PROVINCE OF CHINAUNITED STATESVIET NAMIRELAND
FY 2023$35.82B$22.38B$4.36B$3.27B--$1.26B$4.55B--
FY 2022$44.20B$28.12B$5.37B$3.16B--$1.48B$6.06B--
FY 2021$33.57B$22.51B$6.12B$2.37B--$1.41B--$1.16B
FY 2020$23.53B$14.00B$4.57B$2.96B--$1.13B--$867.0M
FY 2019$24.27B$11.61B$4.53B$2.40B--$2.77B--$2.96B
FY 2018$22.73B$15.15B$3.81B$3.17B--$603.0M----
FY 2017$22.29B$14.58B$3.66B$3.54B--$513.0M----
FY 2016$23.55B$13.50B$2.90B$3.92B$2.85B$386.0M----
FY 2015$25.28B$13.34B$4.30B$4.11B$3.29B$246.0M----
FY 2014$26.49B$13.20B$3.87B$6.17B$2.88B$372.0M----
FY 2013$24.87B$12.29B$4.11B$4.98B$2.68B$805.0M----
FY 2012$15.79B$7.97B--$4.20B$2.65B$967.0M----
Transcripts82 on file

Transcripts

  • FY2026 · Q22026-04-29
  • FY2026 · Q12026-02-04
  • FY2025 · Q42025-11-05
  • FY2025 · Q32025-07-30
Events

Events

Next earnings

2026-07-29EPS est $2.21

Recent filings
  • 8-K2026-06-24
  • 42026-06-11
  • 42026-05-21
Latest news
  • Qualcomm Stock Price Prediction: 36% Upside the Analysts Are Missing

    24/7 Wall Street · 2026-06-24

  • Qualcomm inks deal for AI startup Modular to bolster software stack, data center buildout

    CNBC · 2026-06-24

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