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Qualcomm QCOM Net Income

Net Income at other companies

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-$10.85B-259%
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$29.79B+27.1%
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-$8M+63.3%

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$165.41B+5.1%
Enterprise value$175.65B+6.9%
P/E11×-8.0×
P/S3.8×+0.1×

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:NetIncomeLoss.

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
Line itemThree Months Ended / June 28,2026Three Months Ended / June 29,2025Nine Months Ended / June 28,2026Nine Months Ended / June 29,2025
Investment and other income, net1,0143581,458748
Income before income taxes2,4622,9528,2419,692
Income tax (expense) benefit(460)(286)4,136(1,034)
Net income$2,002$2,666$12,377$8,658
Basic earnings per share$1.89$2.44$11.63$7.85
Diluted earnings per share$1.87$2.43$11.53$7.79
Shares used in per share calculations:
Basic1,0571,0921,0641,102

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Qualcomm's net income?
Qualcomm (QCOM) reported net income of $2B in Q2 2026.
How has Qualcomm's net income changed year-over-year?
Qualcomm's net income decreased by 24.9% year-over-year, from $2.67B to $2B.
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 3.8% compound annual growth rate (CAGR), from $9.04B to $10.11B.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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