The financials
Qualcomm by the numbers
Qualcomm (QCOM) reported revenue of $9.95B in Q3 2026 (quarter ended June 28, 2026), down 4.0% from the same quarter a year earlier. That came with a gross margin of 53% and net income of $2.00B (20% of revenue). For the full year FY2025, revenue was $44.3B (+14% year on year) and net income $5.54B. Its largest product in 2026-Q2 was Handsets at $5.09B, 60% of the disclosed total, just ahead of Io T at 22%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $9.95B | $10.4B | −4.0% |
| Gross profit | $5.28B | $5.76B | −8.4% |
| Operating income | $1.63B | $2.76B | −41% |
| Net income | $2.00B | $2.67B | −25% |
| Diluted EPS | $1.87 | $2.43 | −23% |
| Product | Revenue | Share |
|---|---|---|
| Handsets | $5.09B | 60% |
| Io T | $1.83B | 22% |
| Automotive | $1.59B | 19% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $8.50B (-6.3%)
Automotive grew +61% year on yearHandsets -20% year on year
Segment Latestquarter on quarteryear on year
- Handsets$5.09B$5.09BQoQ -16%year on year -20%-16%-20%
- Io T$1.83B$1.83BQoQ +6.0%year on year +8.9%+6.0%+8.9%
- Automotive$1.59B$1.59BQoQ +20%year on year +61%+20%+61%
Semiconductors
Ranks #39 of 48 by Smart Score