QUALCOMM Incorporated logo QCOM - QUALCOMM Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 33
HOLD 30
SELL 3
STRONG
SELL
0
| PRICE TARGET: $185.71 DETAILS
HIGH: $210.00
LOW: $165.00
MEDIAN: $185.00
CONSENSUS: $185.71
UPSIDE: 16.49%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue 44,284.0 38,962.0 35,820.0 44,200.0 33,566.0 23,531.0 24,273.0 22,732.0 22,291.0 23,554.0
Cost of Revenue 19,738.0 17,060.0 15,869.0 18,635.0 14,262.0 9,255.0 8,599.0 10,244.0 9,792.0 9,749.0
Gross Profit 24,546.0 21,902.0 19,951.0 25,565.0 19,304.0 14,276.0 15,674.0 12,488.0 12,499.0 13,805.0
Operating Expenses
R&D Expenses 9,042.0 8,893.0 8,818.0 8,194.0 7,176.0 5,975.0 5,398.0 5,625.0 5,485.0 5,151.0
SG&A Expenses 3,110.0 2,759.0 2,483.0 2,570.0 2,339.0 2,074.0 2,195.0 2,986.0 2,658.0 2,385.0
Other Expenses 39.0 179.0 862.0 (1,059.0) 0.0 (28.0) 414.0 3,135.0 1,742.0 (226.0)
Operating Expenses 12,191.0 11,831.0 12,163.0 9,705.0 9,515.0 8,021.0 8,007.0 11,746.0 9,885.0 7,310.0
Operating Income
Operating Income 12,355.0 10,071.0 7,788.0 15,860.0 9,789.0 6,255.0 7,667.0 621.0 2,581.0 6,495.0
Interest Expense 664.0 697.0 694.0 490.0 559.0 602.0 627.0 768.0 494.0 297.0
Interest Income 639.0 675.0 313.0 91.0 83.0 156.0 300.0 611.0 619.0 611.0
Profitability
EBITDA 14,929.0 12,739.0 9,946.0 17,250.0 11,371.0 7,620.0 9,482.0 5,335.0 4,975.0 8,240.0
EBIT 13,327.0 11,033.0 8,137.0 15,488.0 9,789.0 6,227.0 8,081.0 3,774.0 3,514.0 6,812.0
Income Before Tax 12,663.0 10,336.0 7,443.0 14,998.0 10,274.0 5,719.0 7,481.0 513.0 3,020.0 6,833.0
Income Tax Expense 7,122.0 226.0 104.0 2,012.0 1,231.0 521.0 3,095.0 5,377.0 555.0 1,131.0
Net Income 5,541.0 10,142.0 7,232.0 12,936.0 9,043.0 5,198.0 4,386.0 (4,964.0) 2,466.0 5,705.0
Per Share Data
EPS (Basic) 5.06 9.09 6.47 11.52 8.00 4.58 3.62 -3.32 1.66 3.84
EPS (Diluted) 5.01 8.98 6.42 11.38 7.87 4.52 3.60 -3.32 1.64 3.81
Shares Outstanding 1,096.0 1,116.0 1,117.0 1,123.0 1,131.0 1,135.0 1,210.0 1,463.0 1,477.0 1,484.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 5,520.0 7,849.0 8,450.0 2,773.0 7,116.0 6,707.0 11,839.0 11,777.0 35,029.0 5,946.0
Short-Term Investments 4,635.0 5,451.0 2,874.0 3,609.0 5,298.0 4,507.0 421.0 311.0 2,279.0 12,702.0
Net Receivables 4,315.0 3,929.0 3,183.0 5,643.0 3,579.0 4,003.0 2,471.0 2,904.0 3,632.0 2,219.0
Inventory 6,526.0 6,423.0 6,422.0 7,042.0 3,228.0 2,598.0 1,400.0 1,693.0 2,035.0 1,556.0
Other Current Assets 4,758.0 1,579.0 1,535.0 1,657.0 854.0 704.0 634.0 699.0 618.0 558.0
Total Current Assets 25,754.0 25,231.0 22,464.0 20,724.0 20,075.0 18,519.0 16,765.0 17,384.0 43,593.0 22,981.0
Non-Current Assets
Property, Plant & Equipment 4,690.0 4,665.0 5,042.0 5,168.0 4,559.0 3,711.0 3,081.0 2,975.0 3,216.0 2,306.0
Goodwill 11,358.0 10,799.0 10,642.0 10,508.0 7,246.0 6,323.0 6,282.0 6,498.0 6,623.0 5,679.0
Intangible Assets 1,148.0 1,244.0 1,408.0 1,882.0 1,458.0 1,653.0 2,172.0 2,955.0 3,737.0 3,500.0
Long-Term Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35.0 1,270.0 13,702.0
Other Non-Current Assets 6,450.0 8,053.0 8,174.0 8,929.0 6,311.0 4,037.0 3,461.0 1,935.0 4,147.0 2,161.0
Total Non-Current Assets 24,389.0 29,923.0 28,576.0 28,290.0 21,165.0 17,075.0 16,192.0 15,302.0 21,893.0 29,378.0
Total Assets 50,143.0 55,154.0 51,040.0 49,014.0 41,240.0 35,594.0 32,957.0 32,686.0 65,486.0 52,359.0
Current Liabilities
Account Payables 2,791.0 2,584.0 1,912.0 3,796.0 2,750.0 2,248.0 1,368.0 1,825.0 1,971.0 1,858.0
Short-Term Debt 0.0 1,364.0 1,012.0 1,945.0 2,044.0 500.0 2,496.0 1,005.0 2,495.0 1,749.0
Deferred Revenue 358.0 297.0 293.0 369.0 612.0 568.0 565.0 500.0 502.0 509.0
Other Current Liabilities 5,995.0 5,081.0 2,618.0 3,325.0 3,842.0 2,267.0 3,458.0 6,825.0 4,756.0 2,261.0
Total Current Liabilities 9,144.0 10,504.0 9,628.0 11,866.0 11,951.0 8,672.0 8,935.0 11,236.0 10,907.0 7,311.0
Non-Current Liabilities
Long-Term Debt 14,811.0 13,270.0 14,484.0 13,537.0 13,701.0 15,226.0 13,437.0 15,365.0 19,398.0 10,008.0
Deferred Tax Liabilities 0.0 2,614.0 2,411.0 2,267.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Non-Current Liabilities 4,911.0 1,696.0 2,266.0 2,614.0 4,846.0 4,858.0 4,516.0 3,537.0 2,432.0 895.0
Total Non-Current Liabilities 19,793.0 18,376.0 19,831.0 19,135.0 19,339.0 20,845.0 19,113.0 20,522.0 23,833.0 13,280.0
Total Liabilities 28,937.0 28,880.0 29,459.0 31,001.0 31,290.0 29,517.0 28,048.0 31,758.0 34,740.0 20,591.0
Stockholders' Equity
Common Stock 0.0 0.0 490.0 195.0 0.0 586.0 343.0 0.0 274.0 414.0
Retained Earnings 20,646.0 25,687.0 20,733.0 17,840.0 9,822.0 5,284.0 4,466.0 663.0 30,088.0 30,936.0
Accumulated Other Comprehensive Income 560.0 587.0 358.0 (22.0) 128.0 207.0 100.0 265.0 384.0 428.0
Total Stockholders' Equity 21,206.0 26,274.0 21,581.0 18,013.0 9,950.0 6,077.0 4,909.0 928.0 30,746.0 31,778.0
Total Liabilities & Equity 50,143.0 55,154.0 51,040.0 49,014.0 41,240.0 35,594.0 32,957.0 32,686.0 65,486.0 52,359.0
Debt Metrics
Total Debt 14,811.0 15,440.0 16,067.0 16,159.0 16,299.0 15,726.0 15,933.0 16,370.0 21,893.0 11,757.0
Net Debt 9,291.0 7,591.0 7,617.0 13,386.0 9,183.0 9,019.0 4,094.0 4,593.0 (13,136.0) 5,811.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 5,541.0 10,110.0 7,339.0 12,986.0 9,043.0 5,198.0 4,386.0 (4,864.0) 2,465.0 5,702.0
Depreciation & Amortization 1,602.0 1,706.0 1,809.0 1,762.0 1,582.0 1,393.0 1,401.0 1,561.0 1,461.0 1,428.0
Stock-Based Compensation 2,783.0 2,648.0 2,484.0 2,031.0 1,663.0 1,212.0 1,037.0 883.0 914.0 943.0
Change in Working Capital 414.0 1,223.0 1,148.0 (7,800.0) (461.0) (1,607.0) (1,224.0) 1,460.0 424.0 (153.0)
Other Non-Cash Items 3,672.0 (421.0) (212.0) 255.0 (1,046.0) (73.0) (290.0) 353.0 (171.0) (320.0)
Operating Cash Flow 14,012.0 12,202.0 11,299.0 9,096.0 10,536.0 5,814.0 7,286.0 3,895.0 4,693.0 7,400.0
Investing Activities
Capital Expenditure (1,192.0) (1,041.0) (1,450.0) (2,262.0) (1,888.0) (1,407.0) (887.0) (784.0) (690.0) (539.0)
Acquisitions (743.0) (254.0) (235.0) (4,912.0) (1,377.0) (185.0) (252.0) (326.0) (1,544.0) (812.0)
Purchases of Investments (5,075.0) (5,069.0) (668.0) (1,414.0) (5,907.0) (6,213.0) 887.0 (5,985.0) (19,772.0) (18,192.0)
Sales/Maturities of Investments 5,755.0 2,765.0 1,586.0 2,754.0 5,875.0 2,499.0 207.0 9,460.0 42,421.0 15,615.0
Other Investing Activities 455.0 (24.0) 1,529.0 30.0 (59.0) 43.0 (761.0) 2,016.0 (1,952.0) 440.0
Investing Cash Flow (800.0) (3,623.0) 762.0 (5,804.0) (3,356.0) (5,263.0) (806.0) 4,381.0 18,463.0 (3,488.0)
Financing Activities
Net Debt Issuance 122.0 (914.0) (64.0) (415.0) 1.0 (229.0) (503.0) (5,509.0) 10,202.0 749.0
Stock Repurchased (8,791.0) (4,121.0) (2,973.0) (3,129.0) (3,366.0) (2,450.0) (1,793.0) (22,580.0) (1,342.0) (3,923.0)
Dividends Paid (3,805.0) (3,687.0) (3,462.0) (3,212.0) (3,008.0) (2,882.0) (2,968.0) (3,466.0) (3,252.0) (2,990.0)
Other Financing Activities (1,126.0) (930.0) 357.0 (796.0) (772.0) (475.0) (1,536.0) (548.0) (226.0) 866.0
Financing Cash Flow (13,196.0) (9,269.0) (6,663.0) (7,196.0) (6,798.0) (5,707.0) (6,386.0) (31,487.0) 5,879.0 (5,522.0)
Cash Position
Net Change in Cash (6.0) (678.0) 5,428.0 (4,017.0) 409.0 (5,132.0) 62.0 (23,252.0) 29,083.0 (1,614.0)
Cash at Beginning 7,849.0 8,527.0 3,099.0 7,116.0 6,707.0 11,839.0 11,777.0 35,029.0 5,946.0 7,560.0
Cash at End 7,843.0 7,849.0 8,527.0 3,099.0 7,116.0 6,707.0 11,839.0 11,777.0 35,029.0 5,946.0
Free Cash Flow 12,820.0 11,161.0 9,849.0 6,834.0 8,648.0 4,407.0 6,399.0 3,111.0 4,003.0 6,861.0
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Income Statement
Revenue 44,284.0 38,962.0 35,820.0 44,200.0 33,566.0 23,531.0 24,273.0 22,732.0 22,291.0 23,554.0
Gross Profit 24,546.0 21,902.0 19,951.0 25,565.0 19,304.0 14,276.0 15,674.0 12,488.0 12,499.0 13,805.0
Operating Income 12,355.0 10,071.0 7,788.0 15,860.0 9,789.0 6,255.0 7,667.0 621.0 2,581.0 6,495.0
Net Income 5,541.0 10,142.0 7,232.0 12,936.0 9,043.0 5,198.0 4,386.0 (4,964.0) 2,466.0 5,705.0
EPS (Diluted) 5.01 8.98 6.42 11.38 7.87 4.52 3.60 -3.32 1.64 3.81
Balance Sheet
Cash & Equivalents 5,520.0 7,849.0 8,450.0 2,773.0 7,116.0 6,707.0 11,839.0 11,777.0 35,029.0 5,946.0
Total Assets 50,143.0 55,154.0 51,040.0 49,014.0 41,240.0 35,594.0 32,957.0 32,686.0 65,486.0 52,359.0
Total Debt 14,811.0 15,440.0 16,067.0 16,159.0 16,299.0 15,726.0 15,933.0 16,370.0 21,893.0 11,757.0
Stockholders' Equity 21,206.0 26,274.0 21,581.0 18,013.0 9,950.0 6,077.0 4,909.0 928.0 30,746.0 31,778.0
Cash Flow
Operating Cash Flow 14,012.0 12,202.0 11,299.0 9,096.0 10,536.0 5,814.0 7,286.0 3,895.0 4,693.0 7,400.0
Capital Expenditure (1,192.0) (1,041.0) (1,450.0) (2,262.0) (1,888.0) (1,407.0) (887.0) (784.0) (690.0) (539.0)
Free Cash Flow 12,820.0 11,161.0 9,849.0 6,834.0 8,648.0 4,407.0 6,399.0 3,111.0 4,003.0 6,861.0