Stocks · Technology · Radio & Tv Broadcasting & Communications Equipment

Qualcomm

QCOM Clue Score58
United States Fiscal year ends September CIK 0000804328
$175.50 -0.29% Close, 9 Oct 2026
Price $175.50 +40.47% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue22.26Operating income2.58Net income2.45EPS, diluted1.64Fiscal year 2018Revenue22.61 +1.6%Operating income0.62Net income−4.96 −303.0%EPS, diluted−3.39 −306.7%Fiscal year 2019Revenue24.27 +7.4%Operating income7.67Net income4.39EPS, diluted3.59Fiscal year 2020Revenue23.53 −3.1%Operating income6.26Net income5.20 +18.5%EPS, diluted4.52 +25.9%Fiscal year 2021Revenue33.57 +42.6%Operating income9.79Net income9.04 +74.0%EPS, diluted7.87 +74.1%Fiscal year 2022Revenue44.20 +31.7%Operating income15.86Net income12.94 +43.0%EPS, diluted11.37 +44.5%Fiscal year 2023Revenue35.82 −19.0%Operating income7.79Net income7.23 −44.1%EPS, diluted6.42 −43.5%Fiscal year 2024Revenue38.96 +8.8%Operating income10.07Net income10.14 +40.2%EPS, diluted8.97 +39.7%Fiscal year 2025Revenue44.28 +13.7%Operating income12.36Net income5.54 −45.4%EPS, diluted5.01 −44.1%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 22.26 22.61 24.27 23.53 33.57 44.20 35.82 38.96 44.28
Growth +1.6% +7.4% −3.1% +42.6% +31.7% −19.0% +8.8% +13.7%
Operating income 2.58 0.62 7.67 6.26 9.79 15.86 7.79 10.07 12.36
Net income 2.45 −4.96 4.39 5.20 9.04 12.94 7.23 10.14 5.54
Growth −303.0% +18.5% +74.0% +43.0% −44.1% +40.2% −45.4%
EPS, diluted 1.64 −3.39 3.59 4.52 7.87 11.37 6.42 8.97 5.01
Growth −306.7% +25.9% +74.1% +44.5% −43.5% +39.7% −44.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin11.6%Net margin11.0%Free cash flow margin19.4%Fiscal year 2018Operating margin2.7%Net margin−22.0%Free cash flow margin13.8%Fiscal year 2019Operating margin31.6%Net margin18.1%Free cash flow margin26.4%Fiscal year 2020Operating margin26.6%Net margin22.1%Free cash flow margin18.7%Fiscal year 2021Operating margin29.2%Net margin26.9%Free cash flow margin25.8%Fiscal year 2022Operating margin35.9%Net margin29.3%Free cash flow margin15.5%Fiscal year 2023Operating margin21.7%Net margin20.2%Free cash flow margin27.5%Fiscal year 2024Operating margin25.8%Net margin26.0%Free cash flow margin28.6%Fiscal year 2025Operating margin27.9%Net margin12.5%Free cash flow margin28.9%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 11.6% 2.7% 31.6% 26.6% 29.2% 35.9% 21.7% 25.8% 27.9%
Net margin 11.0% −22.0% 18.1% 22.1% 26.9% 29.3% 20.2% 26.0% 12.5%
Free cash flow margin 19.4% 13.8% 26.4% 18.7% 25.8% 15.5% 27.5% 28.6% 28.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow5.00Capital expenditure−0.69Free cash flow4.31Buybacks−1.34Fiscal year 2018Operating cash flow3.91Capital expenditure−0.78Free cash flow3.12 −27.5%Buybacks−22.58Fiscal year 2019Operating cash flow7.29Capital expenditure−0.89Free cash flow6.40 +104.8%Buybacks−1.79Fiscal year 2020Operating cash flow5.81Capital expenditure−1.41Free cash flow4.41 −31.1%Buybacks−2.45Fiscal year 2021Operating cash flow10.54Capital expenditure−1.89Free cash flow8.65 +96.2%Buybacks−3.37Fiscal year 2022Operating cash flow9.10Capital expenditure−2.26Free cash flow6.83 −21.0%Buybacks−3.13Fiscal year 2023Operating cash flow11.30Capital expenditure−1.45Free cash flow9.85 +44.1%Buybacks−2.97Fiscal year 2024Operating cash flow12.20Capital expenditure−1.04Free cash flow11.16 +13.3%Buybacks−4.12Fiscal year 2025Operating cash flow14.01Capital expenditure−1.19Free cash flow12.82 +14.9%Buybacks−8.79
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 5.00 3.91 7.29 5.81 10.54 9.10 11.30 12.20 14.01
Capital expenditure −0.69 −0.78 −0.89 −1.41 −1.89 −2.26 −1.45 −1.04 −1.19
Free cash flow 4.31 3.12 6.40 4.41 8.65 6.83 9.85 11.16 12.82
Growth −27.5% +104.8% −31.1% +96.2% −21.0% +44.1% +13.3% +14.9%
Buybacks −1.34 −22.58 −1.79 −2.45 −3.37 −3.13 −2.97 −4.12 −8.79

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash35.03Total debt20.89Net cash (debt)14.14Shareholders’ equity30.73Debt to equity0.68Fiscal year 2018Cash11.78Total debt15.37Net cash (debt)−3.59Shareholders’ equity0.81Debt to equity19.04Fiscal year 2019Cash11.84Total debt15.43Net cash (debt)−3.60Shareholders’ equity4.91Debt to equity3.14Fiscal year 2020Cash6.71Total debt15.23Net cash (debt)−8.52Shareholders’ equity6.08Debt to equity2.51Fiscal year 2021Cash7.12Total debt15.25Net cash (debt)−8.13Shareholders’ equity9.95Debt to equity1.53Fiscal year 2022Cash2.77Total debt14.98Net cash (debt)−12.21Shareholders’ equity18.01Debt to equity0.83Fiscal year 2023Cash8.45Total debt15.40Net cash (debt)−6.95Shareholders’ equity21.58Debt to equity0.71Fiscal year 2024Cash7.85Total debt14.63Net cash (debt)−6.79Shareholders’ equity26.27Debt to equity0.56Fiscal year 2025Cash5.52Total debt14.81Net cash (debt)−9.29Shareholders’ equity21.21Debt to equity0.70
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 35.03 11.78 11.84 6.71 7.12 2.77 8.45 7.85 5.52
Total debt 20.89 15.37 15.43 15.23 15.25 14.98 15.40 14.63 14.81
Net cash (debt) 14.14 −3.59 −3.60 −8.52 −8.13 −12.21 −6.95 −6.79 −9.29
Shareholders’ equity 30.73 0.81 4.91 6.08 9.95 18.01 21.58 26.27 21.21
Debt to equity 0.68 19.04 3.14 2.51 1.53 0.83 0.71 0.56 0.70

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending September, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 24 Sep 2017 FY2018 30 Sep 2018 FY2019 29 Sep 2019 FY2020 27 Sep 2020 FY2021 26 Sep 2021 FY2022 25 Sep 2022 FY2023 24 Sep 2023 FY2024 29 Sep 2024 FY2025 28 Sep 2025
Assets
35.03 11.78 11.84 6.71 7.12 2.77 8.45 7.85 5.52
3.58 2.67 1.05 2.69 2.21 4.18 1.92 2.35 2.86
2.04 1.69 1.40 2.60 3.23 6.34 6.42 6.42 6.53
3.22 2.98 3.08 3.71 4.56 5.17 5.04 4.67 4.69
6.62 6.50 6.28 6.32 7.25 10.51 10.64 10.80 11.36
65.50 32.72 32.96 35.59 41.24 49.01 51.04 55.15 50.14
Growth −50.0% +0.7% +8.0% +15.9% +18.9% +4.1% +8.1% −9.1%
Liabilities
1.50 0.00 2.00 0.00 1.54 1.45 0.91 1.36 0.00
19.40 15.37 13.44 15.23 13.70 13.54 14.48 13.27 14.81
calc 20.89 15.37 15.43 15.23 15.25 14.98 15.40 14.63 14.81
34.74 31.91 28.05 29.52 31.29 31.00 29.46 28.88 28.94
Equity
30.09 0.54 4.47 5.28 9.82 17.84 20.73 25.69 20.65
30.73 0.81 4.91 6.08 9.95 18.01 21.58 26.27 21.21
Growth −97.4% +508.3% +23.8% +63.7% +81.0% +19.8% +21.7% −19.3%
Per share and net cash
calc 14.14 −3.59 −3.60 −8.52 −8.13 −12.21 −6.95 −6.79 −9.29
1,474 1,219 1,145 1,131 1,125 1,121 1,114 1,113 1,074
calc 20.84 0.66 4.29 5.37 8.84 16.07 19.37 23.61 19.74

Lines marked calc are worked out here from filed figures; point at one for how.