Business Segments · Cost of revenues

QCT — Cost of revenues

Qualcomm QCT — Cost of revenues increased by 13.7% to -$4.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from -$4.83B to -$4.70B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ2 2026Apr 29, 2026

How to read this metric

A decrease relative to revenue indicates improved manufacturing efficiency or better supply chain cost control.

Detailed definition

This metric captures the direct costs associated with producing and delivering the hardware and software products sold b...

Peer comparison

Comparable to cost of goods sold (COGS) for hardware segments at other fabless semiconductor companies.

Metric ID: qcom_segment_qct_cost_of_revenues

Historical Data

12 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26Q2 '26
Value$3.84B$3.84B$3.84B$3.84B$4.16B$4.16B$4.16B$4.16B-$5.06B-$4.83B-$5.45B-$4.70B
QoQ Change+0.0%+0.0%+0.0%+8.3%+0.0%+0.0%+0.0%-221.7%+4.5%-12.7%+13.7%
YoY Change+8.3%+8.3%+8.3%+8.3%-221.7%-216.1%-7.5%+2.8%
Range-$5.45B$4.16B
CAGR+7.6%
Avg YoY Growth-51.2%
Median YoY Growth+5.6%

Frequently Asked Questions

What is Qualcomm's qct — cost of revenues?
Qualcomm (QCOM) reported qct — cost of revenues of -$4.70B in Q1 2026.
How has Qualcomm's qct — cost of revenues changed year-over-year?
Qualcomm's qct — cost of revenues increased by 2.8% year-over-year, from -$4.83B to -$4.70B.
What does qct — cost of revenues mean?
The direct costs incurred to manufacture and supply the products sold by the semiconductor segment.