Revenue
$44.28B
Fiscal year ended 2025-09-28Operating income
$12.36B
Fiscal year ended 2025-09-28Free cash flow
Unavailable
Fiscal year ended 2025-09-28QUALCOMM INC/DE (QCOM) reported revenue of $44.28B and net income of $5.54B for the fiscal year ended 2025-09-28. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from QUALCOMM INC/DE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Radio & Tv Broadcasting & Communications Equipment.
Income
| Metric | 2025-09-28 | 2024-09-29 | 2023-09-24 | 2022-09-25 | 2021-09-26 | 2020-09-27 | 2019-09-29 | 2018-09-30 | 2017-09-24 | 2016-09-25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $44.28B | $38.96B | $35.82B | $44.20B | $33.57B | $23.53B | $24.27B | $22.61B | $22.26B | $23.55B |
| Cost of revenue | $19.74B | $17.06B | $15.87B | $18.64B | $14.26B | $9.26B | $8.60B | $10.24B | $9.79B | $9.75B |
| Gross profit | $24.55B | $21.90B | $19.95B | $25.56B | $19.30B | $14.28B | $15.67B | $12.37B | $12.47B | $13.80B |
| Operating income | $12.36B | $10.07B | $7.79B | $15.86B | $9.79B | $6.26B | $7.67B | $621.00M | $2.58B | $6.50B |
| Net income | $5.54B | $10.14B | $7.23B | $12.94B | $9.04B | $5.20B | $4.39B | -$4.96B | $2.44B | $5.70B |
| Research & development | $9.04B | $8.89B | $8.82B | $8.19B | $7.18B | $5.98B | $5.40B | $5.62B | $5.48B | $5.15B |
| Weighted-average diluted shares | shares 1.10B | shares 1.13B | shares 1.13B | shares 1.14B | shares 1.15B | shares 1.15B | shares 1.22B | shares 1.46B | shares 1.49B | shares 1.50B |
| Pretax income | $12.66B | $10.34B | $7.44B | $15.00B | $10.27B | $5.72B | $7.48B | $392.00M | $2.99B | $6.83B |
| Income tax expense | $7.12B | $226.00M | $104.00M | $2.01B | $1.23B | $521.00M | $3.10B | $5.36B | $543.00M | $1.13B |
| Diluted EPS | $5.01 | $8.97 | $6.42 | $11.37 | $7.87 | $4.52 | $3.59 | $-3.39 | $1.64 | $3.81 |
| Selling, general & administrative | $3.11B | $2.76B | $2.48B | $2.57B | $2.34B | $2.07B | $2.20B | $2.99B | $2.66B | $2.38B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-09-28 | 2024-09-29 | 2023-09-24 | 2022-09-25 | 2021-09-26 | 2020-09-27 | 2019-09-29 | 2018-09-30 | 2017-09-24 | 2016-09-25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $5.52B | $7.85B | $8.45B | $2.77B | $7.12B | $6.71B | $11.84B | $11.78B | $35.03B | $5.95B |
| Total assets | $50.14B | $55.15B | $51.04B | $49.01B | $41.24B | $35.59B | $32.96B | $32.72B | $65.50B | $52.36B |
| Current assets | $25.75B | $25.23B | $22.46B | $20.72B | $20.08B | $18.52B | $16.76B | $17.38B | $43.59B | $22.98B |
| Total liabilities | $28.94B | $28.88B | $29.46B | $31.00B | $31.29B | $29.52B | $28.05B | $31.91B | $34.77B | $20.59B |
| Current liabilities | $9.14B | $10.50B | $9.63B | $11.87B | $11.95B | $8.67B | $8.94B | $11.39B | $10.94B | $7.31B |
| Total equity incl. NCI | $21.21B | $26.27B | $21.58B | $18.01B | $9.95B | $6.08B | $4.91B | $807.00M | $30.72B | $31.77B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $6.53B | $6.42B | $6.42B | $6.34B | $3.23B | $2.60B | $1.40B | $1.69B | $2.04B | $1.56B |
| Accounts receivable | $2.86B | $2.35B | $1.92B | $4.18B | $2.21B | $2.69B | $1.05B | $2.67B | $3.58B | $2.19B |
| Goodwill | $11.36B | $10.80B | $10.64B | $10.51B | $7.25B | $6.32B | $6.28B | $6.50B | $6.62B | $5.68B |
| Long-term debt | $14.81B | $13.27B | $14.48B | $13.54B | $13.70B | $15.23B | $13.44B | $15.36B | $19.40B | $10.01B |
| Accounts payable | $2.79B | $2.58B | $1.91B | $3.80B | $2.75B | $2.25B | $1.37B | $1.82B | $1.97B | $1.86B |
Cash flow
| Metric | 2025-09-28 | 2024-09-29 | 2023-09-24 | 2022-09-25 | 2021-09-26 | 2020-09-27 | 2019-09-29 | 2018-09-30 | 2017-09-24 | 2016-09-25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $14.01B | $12.20B | $11.30B | $9.10B | $10.54B | $5.81B | $7.29B | $3.91B | $5.00B | $7.63B |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$800.00M | -$3.62B | $762.00M | -$5.80B | -$3.36B | -$5.26B | -$806.00M | $2.38B | $20.46B | -$3.49B |
| Financing cash flow | -$13.20B | -$9.27B | -$6.66B | -$7.20B | -$6.80B | -$5.71B | -$6.39B | -$31.50B | $5.57B | -$5.75B |
| Net change in cash | -$6.00M | -$678.00M | $5.43B | -$4.02B | $409.00M | -$5.13B | $62.00M | -$25.25B | $31.08B | -$1.61B |
| Stock-based compensation | $2.78B | $2.65B | $2.48B | $2.03B | $1.66B | $1.21B | $1.04B | $883.00M | $914.00M | $943.00M |
| Common dividends paid | $3.80B | $3.69B | $3.46B | $3.21B | $3.01B | $2.88B | $2.97B | $3.47B | $3.25B | $2.99B |
| Common share repurchases | $8.79B | $4.12B | $2.97B | $3.13B | $3.37B | $2.45B | $1.79B | $22.58B | $1.34B | $3.92B |
| Depreciation & amortization | $1.60B | $1.71B | $1.81B | $1.76B | $1.58B | $1.39B | $1.40B | $1.56B | $1.46B | $1.43B |
Derived
| Metric | 2025-09-28 | 2024-09-29 | 2023-09-24 | 2022-09-25 | 2021-09-26 | 2020-09-27 | 2019-09-29 | 2018-09-30 | 2017-09-24 | 2016-09-25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 55.4% | 56.2% | 55.7% | 57.8% | 57.5% | 60.7% | 64.6% | 54.7% | 56.0% | 58.6% |
| Operating margin | 27.9% | 25.8% | 21.7% | 35.9% | 29.2% | 26.6% | 31.6% | 2.7% | 11.6% | 27.6% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 6.3% | 6.8% | 6.9% | 4.6% | 5.0% | 5.2% | 4.3% | 3.9% | 4.1% | 4.0% |
| Current ratio | 2.82x | 2.40x | 2.33x | 1.75x | 1.68x | 2.14x | 1.88x | 1.53x | Unavailable | 3.14x |
| Revenue YoY growth | 13.7% | 8.8% | -19.0% | 31.7% | 42.6% | -3.1% | 7.4% | 1.6% | -5.5% | Unavailable |
| Net margin | 12.5% | 26.0% | 20.2% | 29.3% | 26.9% | 22.1% | 18.1% | -22.0% | 11.0% | 24.2% |
| R&D / revenue | 20.4% | 22.8% | 24.6% | 18.5% | 21.4% | 25.4% | 22.2% | 24.9% | 24.6% | 21.9% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.70x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 56.2% | 2.2% | 1.4% | 13.4% | 12.0% | 9.1% | 41.4% | 1366.3% | 18.2% | 16.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open QCOM in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-Q · Filed 2026-02-04View SEC filing
10-K · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-07-30View SEC filing
10-Q · Filed 2025-04-30View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.