QCOM - QUALCOMM Incorporated
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$185.71
DETAILS
HIGH:
$210.00
LOW:
$165.00
MEDIAN:
$185.00
CONSENSUS:
$185.71
UPSIDE:
16.49%
| Metric | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 11,271.0 | 10,365.0 | 10,979.0 | 11,669.0 | 10,244.0 | 9,393.0 | 9,389.0 | 9,935.0 | 8,631.0 | 8,451.0 |
| Cost of Revenue | 5,034.0 | 4,606.0 | 4,937.0 | 5,161.0 | 4,467.0 | 4,174.0 | 4,106.0 | 4,312.0 | 3,880.0 | 3,792.0 |
| Gross Profit | 6,237.0 | 5,759.0 | 6,042.0 | 6,508.0 | 5,777.0 | 5,219.0 | 5,283.0 | 5,623.0 | 4,751.0 | 4,659.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 2,370.0 | 2,226.0 | 2,216.0 | 2,230.0 | 2,302.0 | 2,259.0 | 2,236.0 | 2,096.0 | 2,135.0 | 2,222.0 |
| SG&A Expenses | 910.0 | 771.0 | 706.0 | 723.0 | 761.0 | 664.0 | 707.0 | 627.0 | 628.0 | 618.0 |
| Other Expenses | 39.0 | 0.0 | 0.0 | 0.0 | 132.0 | 75.0 | 0.0 | (28.0) | 577.0 | 0.0 |
| Operating Expenses | 3,319.0 | 2,997.0 | 2,922.0 | 2,953.0 | 3,195.0 | 2,998.0 | 2,943.0 | 2,695.0 | 3,340.0 | 2,840.0 |
| Operating Income | ||||||||||
| Operating Income | 2,918.0 | 2,762.0 | 3,120.0 | 3,555.0 | 2,582.0 | 2,221.0 | 2,340.0 | 2,928.0 | 1,410.0 | 1,823.0 |
| Interest Expense | 170.0 | 168.0 | 163.0 | 163.0 | 180.0 | 168.0 | 172.0 | 178.0 | 173.0 | 172.0 |
| Interest Income | 143.0 | 160.0 | 167.0 | 169.0 | 185.0 | 182.0 | 160.0 | 149.0 | 120.0 | 79.0 |
| Profitability | ||||||||||
| EBITDA | 3,512.0 | 3,737.0 | 3,120.0 | 4,234.0 | 3,215.0 | 2,715.0 | 2,751.0 | 3,337.0 | 2,055.0 | 2,302.0 |
| EBIT | 3,141.0 | 3,120.0 | 2,942.0 | 3,798.0 | 2,776.0 | 2,296.0 | 2,340.0 | 2,900.0 | 1,593.0 | 1,823.0 |
| Income Before Tax | 2,971.0 | 2,952.0 | 3,105.0 | 3,635.0 | 2,596.0 | 2,279.0 | 2,498.0 | 2,962.0 | 1,420.0 | 1,757.0 |
| Income Tax Expense | 6,088.0 | 286.0 | 293.0 | 455.0 | (319.0) | 171.0 | 223.0 | 151.0 | (209.0) | 22.0 |
| Net Income | (3,117.0) | 2,666.0 | 2,812.0 | 3,180.0 | 2,920.0 | 2,129.0 | 2,326.0 | 2,767.0 | 1,490.0 | 1,803.0 |
| Per Share Data | ||||||||||
| EPS (Basic) | -2.84 | 2.44 | 2.55 | 2.86 | 2.62 | 1.91 | 2.08 | 2.48 | 1.33 | 1.62 |
| EPS (Diluted) | -2.77 | 2.43 | 2.52 | 2.83 | 2.58 | 1.88 | 2.06 | 2.46 | 1.32 | 1.60 |
| Shares Outstanding | 1,096.0 | 1,092.0 | 1,104.0 | 1,110.0 | 1,116.0 | 1,116.0 | 1,117.0 | 1,116.0 | 1,116.0 | 1,115.0 |
| Metric | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 5,520.0 | 5,448.0 | 7,203.0 | 8,713.0 | 7,849.0 | 7,770.0 | 9,219.0 | 8,133.0 | 8,450.0 | 6,087.0 |
| Short-Term Investments | 4,635.0 | 4,563.0 | 6,643.0 | 5,592.0 | 5,451.0 | 5,262.0 | 4,632.0 | 3,921.0 | 2,874.0 | 2,544.0 |
| Net Receivables | 4,315.0 | 3,410.0 | 3,699.0 | 3,550.0 | 3,929.0 | 2,948.0 | 3,054.0 | 3,513.0 | 3,183.0 | 3,850.0 |
| Inventory | 6,526.0 | 6,338.0 | 6,196.0 | 6,303.0 | 6,423.0 | 6,020.0 | 6,087.0 | 6,247.0 | 6,826.0 | 6,628.0 |
| Other Current Assets | 4,758.0 | 5,154.0 | 2,339.0 | 1,907.0 | 1,579.0 | 1,332.0 | 1,240.0 | 1,625.0 | 1,131.0 | 1,367.0 |
| Total Current Assets | 25,754.0 | 24,913.0 | 26,080.0 | 26,065.0 | 25,231.0 | 23,332.0 | 24,232.0 | 23,439.0 | 22,464.0 | 20,476.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 4,690.0 | 4,496.0 | 4,410.0 | 4,460.0 | 4,665.0 | 4,744.0 | 4,724.0 | 4,907.0 | 5,042.0 | 5,216.0 |
| Goodwill | 11,358.0 | 11,366.0 | 10,948.0 | 10,908.0 | 10,799.0 | 10,770.0 | 10,760.0 | 10,722.0 | 10,642.0 | 10,591.0 |
| Intangible Assets | 1,148.0 | 1,202.0 | 1,183.0 | 1,225.0 | 1,244.0 | 1,296.0 | 1,331.0 | 1,387.0 | 1,408.0 | 1,618.0 |
| Long-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Assets | 6,450.0 | 6,771.0 | 7,001.0 | 7,508.0 | 8,053.0 | 8,179.0 | 8,142.0 | 8,101.0 | 8,174.0 | 8,328.0 |
| Total Non-Current Assets | 24,389.0 | 29,949.0 | 29,292.0 | 29,510.0 | 29,923.0 | 29,409.0 | 28,935.0 | 28,696.0 | 28,576.0 | 28,526.0 |
| Total Assets | 50,143.0 | 54,862.0 | 55,372.0 | 55,575.0 | 55,154.0 | 52,741.0 | 53,167.0 | 52,135.0 | 51,040.0 | 49,002.0 |
| Current Liabilities | ||||||||||
| Account Payables | 2,791.0 | 2,337.0 | 2,479.0 | 2,581.0 | 2,584.0 | 2,586.0 | 2,314.0 | 2,147.0 | 1,912.0 | 1,744.0 |
| Short-Term Debt | 0.0 | 0.0 | 1,365.0 | 1,365.0 | 1,364.0 | 1,364.0 | 914.0 | 914.0 | 1,012.0 | 914.0 |
| Deferred Revenue | 358.0 | 285.0 | 232.0 | 212.0 | 297.0 | 263.0 | 253.0 | 210.0 | 293.0 | 249.0 |
| Other Current Liabilities | 5,995.0 | 2,654.0 | 5,468.0 | 4,372.0 | 6,161.0 | 3,053.0 | 3,316.0 | 3,141.0 | 2,618.0 | 2,610.0 |
| Total Current Liabilities | 9,144.0 | 7,800.0 | 9,544.0 | 9,954.0 | 10,504.0 | 9,747.0 | 9,143.0 | 9,169.0 | 9,628.0 | 8,463.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 14,811.0 | 14,788.0 | 13,258.0 | 13,212.0 | 13,270.0 | 13,190.0 | 14,543.0 | 14,566.0 | 14,484.0 | 14,530.0 |
| Deferred Tax Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 2,614.0 | 0.0 | 0.0 | 0.0 | 2,411.0 | 0.0 |
| Other Non-Current Liabilities | 4,911.0 | 4,972.0 | 4,760.0 | 5,452.0 | 1,696.0 | 5,026.0 | 4,877.0 | 5,249.0 | 2,266.0 | 5,247.0 |
| Total Non-Current Liabilities | 19,793.0 | 19,853.0 | 18,100.0 | 18,741.0 | 18,376.0 | 18,324.0 | 19,555.0 | 19,908.0 | 19,831.0 | 19,869.0 |
| Total Liabilities | 28,937.0 | 27,653.0 | 27,644.0 | 28,695.0 | 28,880.0 | 28,071.0 | 28,698.0 | 29,077.0 | 29,459.0 | 28,332.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 66.0 | 0.0 | 490.0 | 77.0 |
| Retained Earnings | 20,646.0 | 26,552.0 | 27,333.0 | 26,607.0 | 25,687.0 | 24,273.0 | 23,965.0 | 22,565.0 | 20,733.0 | 20,163.0 |
| Accumulated Other Comprehensive Income | 560.0 | 657.0 | 395.0 | 273.0 | 587.0 | 397.0 | 438.0 | 493.0 | 358.0 | 430.0 |
| Total Stockholders' Equity | 21,206.0 | 27,209.0 | 27,728.0 | 26,880.0 | 26,274.0 | 24,670.0 | 24,469.0 | 23,058.0 | 21,581.0 | 20,670.0 |
| Total Liabilities & Equity | 50,143.0 | 54,862.0 | 55,372.0 | 55,575.0 | 55,154.0 | 52,741.0 | 53,167.0 | 52,135.0 | 51,040.0 | 49,002.0 |
| Debt Metrics | ||||||||||
| Total Debt | 14,811.0 | 14,788.0 | 14,623.0 | 14,577.0 | 15,440.0 | 14,554.0 | 15,457.0 | 15,480.0 | 16,067.0 | 15,444.0 |
| Net Debt | 9,291.0 | 9,340.0 | 7,420.0 | 5,864.0 | 7,591.0 | 6,784.0 | 6,238.0 | 7,347.0 | 7,617.0 | 9,357.0 |
| Metric | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (3,117.0) | 2,666.0 | 2,812.0 | 3,180.0 | 2,915.0 | 2,108.0 | 2,275.0 | 2,811.0 | 1,629.0 | 1,735.0 |
| Depreciation & Amortization | 0.0 | 398.0 | 397.0 | 436.0 | 439.0 | 419.0 | 411.0 | 437.0 | 462.0 | 479.0 |
| Stock-Based Compensation | 0.0 | 659.0 | 702.0 | 759.0 | 697.0 | 644.0 | 705.0 | 602.0 | 608.0 | 614.0 |
| Change in Working Capital | 645.0 | (22.0) | (33.0) | 33.0 | (859.0) | 725.0 | 1,168.0 | 189.0 | 1,701.0 | 380.0 |
| Other Non-Cash Items | 6,468.0 | (826.0) | (1,077.0) | (68.0) | (19.0) | (70.0) | (237.0) | (78.0) | 123.0 | (346.0) |
| Operating Cash Flow | 3,996.0 | 2,875.0 | 2,554.0 | 4,587.0 | 2,647.0 | 3,052.0 | 3,554.0 | 2,949.0 | 4,090.0 | 2,657.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (407.0) | (294.0) | (214.0) | (277.0) | (256.0) | (387.0) | (184.0) | (214.0) | (293.0) | (306.0) |
| Acquisitions | (18.0) | (370.0) | (81.0) | (260.0) | (20.0) | (69.0) | (102.0) | (60.0) | (128.0) | (46.0) |
| Purchases of Investments | (909.0) | (747.0) | (2,376.0) | (959.0) | (913.0) | (1,314.0) | (1,390.0) | (1,452.0) | (646.0) | 306.0 |
| Sales/Maturities of Investments | 871.0 | 2,737.0 | 1,403.0 | 752.0 | 800.0 | 725.0 | 777.0 | 463.0 | 454.0 | 630.0 |
| Other Investing Activities | (8.0) | 305.0 | (21.0) | 73.0 | 4.0 | 2.0 | (40.0) | 7.0 | (5.0) | 1,153.0 |
| Investing Cash Flow | (471.0) | 1,631.0 | (1,289.0) | (671.0) | (385.0) | (1,043.0) | (939.0) | (1,256.0) | (618.0) | 1,737.0 |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0.0 | 122.0 | 0.0 | 0.0 | 914.0 | (914.0) | 0.0 | 0.0 | 0.0 | (498.0) |
| Stock Repurchased | (2,444.0) | (2,849.0) | (1,748.0) | (1,750.0) | (1,303.0) | (1,303.0) | (731.0) | (784.0) | (400.0) | (400.0) |
| Dividends Paid | (957.0) | (968.0) | (938.0) | (942.0) | (948.0) | (949.0) | (895.0) | (895.0) | (893.0) | (893.0) |
| Other Financing Activities | (238.0) | (276.0) | (296.0) | (316.0) | (1,049.0) | (284.0) | (149.0) | (362.0) | 198.0 | (30.0) |
| Financing Cash Flow | (3,436.0) | (3,971.0) | (2,781.0) | (3,008.0) | (2,199.0) | (3,449.0) | (1,580.0) | (2,041.0) | (1,117.0) | (1,988.0) |
| Cash Position | ||||||||||
| Net Change in Cash | 72.0 | 568.0 | (1,510.0) | 864.0 | 79.0 | (1,449.0) | 1,025.0 | (333.0) | 2,350.0 | 2,395.0 |
| Cash at Beginning | 7,771.0 | 7,203.0 | 8,713.0 | 7,849.0 | 7,770.0 | 9,219.0 | 8,194.0 | 8,527.0 | 6,177.0 | 3,782.0 |
| Cash at End | 7,843.0 | 7,771.0 | 7,203.0 | 8,713.0 | 7,849.0 | 7,770.0 | 9,219.0 | 8,194.0 | 8,527.0 | 6,177.0 |
| Free Cash Flow | 3,589.0 | 2,581.0 | 2,340.0 | 4,310.0 | 2,391.0 | 2,665.0 | 3,370.0 | 2,735.0 | 3,797.0 | 2,351.0 |
| Key Metrics | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 11,271.0 | 10,365.0 | 10,979.0 | 11,669.0 | 10,244.0 | 9,393.0 | 9,389.0 | 9,935.0 | 8,631.0 | 8,451.0 |
| Gross Profit | 6,237.0 | 5,759.0 | 6,042.0 | 6,508.0 | 5,777.0 | 5,219.0 | 5,283.0 | 5,623.0 | 4,751.0 | 4,659.0 |
| Operating Income | 2,918.0 | 2,762.0 | 3,120.0 | 3,555.0 | 2,582.0 | 2,221.0 | 2,340.0 | 2,928.0 | 1,410.0 | 1,823.0 |
| Net Income | (3,117.0) | 2,666.0 | 2,812.0 | 3,180.0 | 2,920.0 | 2,129.0 | 2,326.0 | 2,767.0 | 1,490.0 | 1,803.0 |
| EPS (Diluted) | -2.77 | 2.43 | 2.52 | 2.83 | 2.58 | 1.88 | 2.06 | 2.46 | 1.32 | 1.60 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 5,520.0 | 5,448.0 | 7,203.0 | 8,713.0 | 7,849.0 | 7,770.0 | 9,219.0 | 8,133.0 | 8,450.0 | 6,087.0 |
| Total Assets | 50,143.0 | 54,862.0 | 55,372.0 | 55,575.0 | 55,154.0 | 52,741.0 | 53,167.0 | 52,135.0 | 51,040.0 | 49,002.0 |
| Total Debt | 14,811.0 | 14,788.0 | 14,623.0 | 14,577.0 | 15,440.0 | 14,554.0 | 15,457.0 | 15,480.0 | 16,067.0 | 15,444.0 |
| Stockholders' Equity | 21,206.0 | 27,209.0 | 27,728.0 | 26,880.0 | 26,274.0 | 24,670.0 | 24,469.0 | 23,058.0 | 21,581.0 | 20,670.0 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 3,996.0 | 2,875.0 | 2,554.0 | 4,587.0 | 2,647.0 | 3,052.0 | 3,554.0 | 2,949.0 | 4,090.0 | 2,657.0 |
| Capital Expenditure | (407.0) | (294.0) | (214.0) | (277.0) | (256.0) | (387.0) | (184.0) | (214.0) | (293.0) | (306.0) |
| Free Cash Flow | 3,589.0 | 2,581.0 | 2,340.0 | 4,310.0 | 2,391.0 | 2,665.0 | 3,370.0 | 2,735.0 | 3,797.0 | 2,351.0 |