Current Assets

Inventories

Qualcomm Inventories increased by 10.5% to $7.37B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.9%, from $6.20B to $7.37B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 20.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026Apr 29, 2026

How to read this metric

High inventory levels relative to sales can signal slowing demand or obsolescence risk, while low levels may indicate supply chain constraints.

Detailed definition

This includes the value of raw materials, work-in-progress, and finished goods held by the company. It represents the st...

Peer comparison

Highly dependent on the manufacturing cycle; peers in hardware manufacturing maintain inventory turnover ratios to gauge efficiency.

Metric ID: inventories

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$3.13B$3.23B$3.86B$4.56B$5.42B$6.34B$6.93B$6.86B$6.63B$6.42B$6.25B$6.09B$6.02B$6.42B$6.30B$6.20B$6.34B$6.53B$6.67B$7.37B
QoQ Change+3.0%+19.6%+18.0%+18.9%+17.0%+9.3%-1.1%-3.4%-3.1%-2.7%-2.6%-1.1%+6.7%-1.9%-1.7%+2.3%+3.0%+2.1%+10.5%
YoY Change+72.9%+96.4%+79.5%+50.6%+22.3%+1.3%-9.9%-11.2%-9.2%+0.0%+0.9%+1.8%+5.3%+1.6%+5.7%+18.9%
Range$3.13B$7.37B
CAGR+19.7%
Avg YoY Growth+20.4%
Median YoY Growth+3.5%
Current Streak4 quarters growth

Frequently Asked Questions

What is Qualcomm's inventories?
Qualcomm (QCOM) reported inventories of $7.37B in Q1 2026.
How has Qualcomm's inventories changed year-over-year?
Qualcomm's inventories increased by 18.9% year-over-year, from $6.20B to $7.37B.
What is the long-term trend for Qualcomm's inventories?
Over 5 years (2020 to 2025), Qualcomm's inventories has grown at a 20.2% compound annual growth rate (CAGR), from $2.60B to $6.53B.
What does inventories mean?
The total value of raw materials, unfinished goods, and finished products held for sale.