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Qualcomm QCOM Net margin

Net margin at other companies

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13.4%+5.3pp
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Skyworks SolutionsSWKS
7.2%-2.6pp
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IntelINTC
-19.8%-6.5pp
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AppleAAPL
27.6%+3.3pp
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Cirrus LogicCRUS
20.7%+3.3pp
Synaptics logo
SynapticsSYNA
-4.1%-20.0pp

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$154.99B-2.6%
Enterprise value$165.23B-0.6%
P/E10.3×-7.5×
P/S3.5×-0.2×

Profitability

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Gross margin54.2%-1.5pp
Operating margin23.2%-4.6pp
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

Calculated from Qualcomm’s reported figures.

Based on trailing twelve months.

The source filing: Qualcomm’s 10-Q, filed July 30, 2025. Open the filing →

Filed
Jul 30, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q2 2025
Accession
0000804328-25-000045

FAQ

What is Qualcomm's net margin?
Qualcomm (QCOM) reported net margin of 26.8% in Q2 2025.
How has Qualcomm's net margin changed year-over-year?
Qualcomm's net margin increased by 14.7% year-over-year, from 23.3% to 26.8%.
What is the long-term trend for Qualcomm's net margin?
Over 3 years (2021 to 2024), Qualcomm's net margin has grown at a -1.1% compound annual growth rate (CAGR), from 26.9% to 26%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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