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Qualcomm QCOM QCT — Cost of revenues

Other segment segments

QSI
$0-100%

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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$171.68B-3.5%
Enterprise value$181.91B-1.7%
P/E11.4×-8.3×
P/S3.9×-0.2×

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:CostOfRevenue.

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

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Questions, answered.

What is Qualcomm's QCT — cost of revenues?
Qualcomm (QCOM) reported QCT — cost of revenues of -$4.45B in Q2 2026.
How has Qualcomm's QCT — cost of revenues changed year-over-year?
Qualcomm's QCT — cost of revenues increased by 1.0% year-over-year, from -$4.5B to -$4.45B.
What is the long-term trend for Qualcomm's QCT — cost of revenues?
Over 2 years (2023 to 2025), Qualcomm's QCT — cost of revenues has grown at a 12.1% compound annual growth rate (CAGR), from $15.37B to $19.3B.
What does QCT — cost of revenues mean?
This metric captures the direct costs associated with producing and delivering the hardware and software products sold by the QCT segment. It includes expenses such as raw materials, manufacturing overhead, and assembly costs paid to third-party foundries. Monitoring this figure is essential for assessing the manufacturing efficiency and supply chain cost management of the semiconductor business.