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Qualcomm QCOM Income Taxes Payable

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$176.25B+10.4%
Enterprise value$186.49B+11.9%
P/E11.7×-8.5×
P/S+0.3×

Profitability

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Gross margin54.2%-1.5pp
Operating margin23.2%-4.6pp
Net margin26.8%+3.4pp
FCF margin23.6%-3.2pp

Returns & leverage

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Return on equity44.6%+6.2pp
Debt / equity0.5×0.0×
Current ratio-1.2×

Where this comes from

Reported directly by Qualcomm in its filing.

Tagged under the XBRL concept us-gaap:AccruedIncomeTaxesCurrent.

The source filing: Qualcomm’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:02 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000804328-26-000086
Other Current Liabilities (in millions)June 28,2026September 28,2025
Customer incentives and other customer-related liabilities$2,762$1,948
Income taxes payable5571,007
Other9581,201
$4,277$4,156

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Qualcomm's income taxes payable?
Qualcomm (QCOM) reported income taxes payable of $557M in Q2 2026.
How has Qualcomm's income taxes payable changed year-over-year?
Qualcomm's income taxes payable decreased by 40.6% year-over-year, from $938M to $557M.
What is the long-term trend for Qualcomm's income taxes payable?
Over 4 years (2021 to 2025), Qualcomm's income taxes payable has grown at a -12.4% compound annual growth rate (CAGR), from $1.71B to $1.01B.
What does income taxes payable mean?
Current income taxes owed to federal, state, and local tax authorities for the current and prior periods.

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