Current Assets
Total Current Assets
Qualcomm Total Current Assets decreased by 6.1% to $23.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.4%, from $26.08B to $23.11B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 6.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026Apr 29, 2026
How to read this metric
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
Detailed definition
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Peer comparison
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
Metric ID:
total_current_assetsHistorical Data
20 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $19.69B | $20.08B | $20.22B | $21.61B | $19.00B | $20.72B | $21.10B | $19.07B | $20.48B | $22.46B | $23.44B | $24.23B | $23.33B | $25.23B | $26.07B | $26.08B | $24.91B | $25.75B | $24.61B | $23.11B |
| QoQ Change | — | +1.9% | +0.7% | +6.9% | -12.1% | +9.1% | +1.8% | -9.6% | +7.4% | +9.7% | +4.3% | +3.4% | -3.7% | +8.1% | +3.3% | +0.1% | -4.5% | +3.4% | -4.4% | -6.1% |
| YoY Change | — | — | — | — | -3.5% | +3.2% | +4.3% | -11.7% | +7.8% | +8.4% | +11.1% | +27.0% | +13.9% | +12.3% | +11.2% | +7.6% | +6.8% | +2.1% | -5.6% | -11.4% |
Range$19.00B – $26.08B
CAGR+3.4%
Avg YoY Growth+5.2%
Median YoY Growth+7.2%
Current Streak2 quarters decline
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Qualcomm's total current assets?
- Qualcomm (QCOM) reported total current assets of $23.11B in Q1 2026.
- How has Qualcomm's total current assets changed year-over-year?
- Qualcomm's total current assets decreased by 11.4% year-over-year, from $26.08B to $23.11B.
- What is the long-term trend for Qualcomm's total current assets?
- Over 5 years (2020 to 2025), Qualcomm's total current assets has grown at a 6.8% compound annual growth rate (CAGR), from $18.52B to $25.75B.
- What does total current assets mean?
- The total value of all assets that can be turned into cash within one year.