What is Qualcomm's net income?

Qualcomm (QCOM) reported net income of $7.37B in Q1 2026.

How has Qualcomm's net income changed year-over-year?

Qualcomm's net income increased by 162.1% year-over-year, from $2.81B to $7.37B.

What is the long-term trend for Qualcomm's net income?

Over 3 years (2021 to 2024), Qualcomm's net income has grown at a 3.9% compound annual growth rate (CAGR), from $9.04B to $10.14B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Qualcomm QCOM Net Income

Discontinued — last reported Q2 '26

Net Income at other companies

Advanced Micro DevicesAMD

$1.38B+95.1%

Skyworks SolutionsSWKS

$35.6M-48.2%

IntelINTC

-$3.73B-354%

AppleAAPL

$29.58B+19.4%

SynapticsSYNA

-$8M+63.3%

Silicon LaboratoriesSLAB

-$15.9M+47.8%

Other financials

Income statement

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Revenue$10.6B-3.5%

Gross profit$5.7B-5.7%

Operating income$2.3B-26.0%

EPS (diluted)$6.88+173%

Balance sheet

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Cash & equivalents$5.4B-24.5%

Total debt$14.8B+1.0%

Total equity$27.3B-1.6%

Total assets$57.1B+3.2%

Cash flow

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Operating cash flow$2.4B-4.1%

CapEx$533.0M+149%

Free cash flow$1.9B-18.1%

Valuation

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Market cap$215.96B+30.0%

Enterprise value$225.3B+29.8%

P/E13.6×-9.9×

P/S4.9×+0.9×

Profitability

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Gross margin54.8%-0.9pp

Operating margin25.5%-1.6pp

Net margin26.8%+3.4pp

FCF margin28.1%+0.4pp

Returns & leverage

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Return on equity44.6%+6.2pp

Debt / equity0.5×0.0×

Current ratio2.4×-0.4×

Where this comes from

Reported directly by Qualcomm in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Qualcomm’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Qualcomm's net income?: Qualcomm (QCOM) reported net income of $7.37B in Q1 2026.
How has Qualcomm's net income changed year-over-year?: Qualcomm's net income increased by 162.1% year-over-year, from $2.81B to $7.37B.
What is the long-term trend for Qualcomm's net income?: Over 3 years (2021 to 2024), Qualcomm's net income has grown at a 3.9% compound annual growth rate (CAGR), from $9.04B to $10.14B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.