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Qualcomm QCOM Ratios & Valuation

TTM Q2 '26TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25
Profitability
Gross margin221%-2.8pp221.9%-2.0pp222.8%-0.7pp223.6%+0.6pp223.8%+0.4pp
Operating margin108.3%+5.2pp109.9%+10.6pp109.1%+13.4pp107.1%+15.4pp103.1%+9.2pp
EBITDA margin122.8%+2.5pp124.9%+7.5pp124.8%+10.0pp123.5%+12.2pp120.3%+6.6pp
Free cash flow margin112.7%-8.5pp112.3%-14.9pp114.8%-8.4pp114.5%-7.5pp121.3%+15.1pp
Returns
Return on invested capital102.3%-27.5pp110.3%-11.8pp125%+10.5pp137.4%+29.3pp129.7%+19.8pp
Efficiency
Asset turnover3.3×+0.3×3.3×+0.3×3.2×+0.3×3.1×+0.2×+0.1×
Inventory turnover12.2×+1.1×12.3×+1.7×12.1×+1.9×11.7×+1.6×11.2×+0.9×
Liquidity
Current ratio10.9×+0.7×11.2×+1.2×11.4×+1.4×10.9×+1.0×10.1×+0.2×
Quick ratio7.9×+0.3×8.4×+0.9×8.6×+1.1×8.2×+0.9×7.6×+0.5×
Cash ratio3.1×0.0×3.3×-0.1×3.5×0.0×3.4×-0.2×3.2×-0.3×
Leverage
Debt-to-equity2.5×+0.2×2.5×+0.1×2.4×-0.1×2.2×-0.4×2.2×-0.5×
Debt-to-assets1.1×0.0×1.1×0.0×1.1×0.0×1.1×-0.1×1.1×-0.1×
Net debt / EBITDA2.3×0.0×2.2×-0.2×2.1×-0.5×2.2×-0.6×2.3×-0.6×
Interest coverage71.3×+11.3×71.6×+16.4×69.1×+17.8×65×+16.9×60×+9.7×
Per Share
Book value per share$90.78-3.3%$90.20-0.5%$92.77+6.5%$96.83+16.6%$93.83+17.8%
Valuation
Market capitalization$671.07B-10.9%$703.56B-8.9%$691.04B-9.4%$701.31B+0.6%$752.82B+23.9%
Enterprise value$702.84B-9.9%$733.41B-8.2%$719.14B-9.1%$729.2B+0.6%$780.48B+22.4%
Price / sales15.2×-3.9×16.1×-4.1×16.2×-4.3×17×-2.0×19×+2.5×
Price / book27.7×-1.0×28.8×-1.5×27.2×-3.8×26×-3.5×28.7×+1.8×
EV / EBITDA51.7×-14.4×53.8×-17.8×54.1×-19.9×57.5×-13.5×66×+4.7×
EV / sales15.9×-3.8×16.8×-4.1×16.9×-4.3×17.7×-2.1×19.7×+2.4×
Free cash flow yield30.1%+4.2pp27.9%+2.4pp28.3%+4.2pp27%+0.8pp25.9%+0.2pp

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Questions, answered.

What are Qualcomm's profit margins?
Qualcomm (QCOM) runs a 54.8% gross margin and a 25.5% operating margin, with a 26.8% net margin.
Where do Qualcomm's ratios come from?
Every ratio is computed from Qualcomm's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.