Skip to content
Screener

Qualcomm QCOM Q3 2026 earnings

Reported July 29, 2026 · After market close

Revenue$9.9BBeat by $252.1M
Adjusted EPS$2.21Miss by $0.01
Revenue estimate$9.7B
EPS estimate$2.22
“We are well positioned to execute on the vision we outlined at our recent Investor Day, with total non-handset revenues growing to $40 billion by fiscal 2029 – nearly double the target we shared in November 2024. In the near term, we expect year-over-year growth in non-handset revenues, including Data Center, to accelerate from 24% in fiscal 2026 to greater than 60% in fiscal 2027 – a significant inflection point in the execution of our growth strategy.”
Cristiano Amon

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$10.2B
EPS estimate$2.18

Financials

Q3 2026

Income statement

See full
Revenue$9.9B-4.0%
Gross profit$5.3B-8.4%
Operating income$1.6B-41.1%
Net income$2.0B-24.9%
EPS (diluted)$1.87-23.0%

Balance sheet

See full
Cash & equivalents$4.5B-41.7%
Total debt$14.8B-0.1%
Total equity$27.7B+1.7%
Total assets$57.4B+4.6%

Cash flow

See full
Operating cash flow$991.0M-65.5%
CapEx$496.0M+68.7%
Free cash flow$495.0M-80.8%

Valuation & ratios

Valuation

as of 08/27/26
See full
Market cap$174.86B+1.4%
Enterprise value$185.1B+3.2%
P/E11.6×—
P/S4×0.0×

Profitability

See full
Gross margin54.2%-1.5pp
Operating margin23.2%-4.6pp
FCF margin23.6%-3.2pp

Returns & leverage

See full
Debt / equity0.5×0.0×
Current ratio2×-1.2×

Segments

By segment

See full
QCT$8.5B-5.4%
QTL$1.3B-3.0%
Other Operating Segment$165.0M+206%
QSI-—

FAQ

When did Qualcomm report Q3 2026 earnings?
Qualcomm (QCOM) reported Q3 2026 earnings on July 29, 2026 after market close.
What were Qualcomm's Q3 2026 revenue and EPS?
Qualcomm reported revenue of $9.9B and adjusted eps of $2.21 for Q3 2026.
Did Qualcomm beat estimates in Q3 2026?
Revenue beat the consensus estimate of $9.7B by $252.1M. EPS missed the consensus estimate of $2.22 by $0.01.
How did Qualcomm's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 4.0% from $10.4B a year earlier.
Where can I find Qualcomm's Q3 2026 SEC filings?
You can read the 8-K earnings release (0000804328-26-000085) and the 10-Q periodic report (0000804328-26-000086) directly on SEC EDGAR. The filing index links above go to sec.gov.