Qualcomm QCOM Ratios & Valuation
| TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 221%-2.8pp | 221.9%-2.0pp | 222.8%-0.7pp | 223.6%+0.6pp | 223.8%+0.4pp | |
| Operating margin | 108.3%+5.2pp | 109.9%+10.6pp | 109.1%+13.4pp | 107.1%+15.4pp | 103.1%+9.2pp | |
| Returns | ||||||
| Return on invested capital | 102.3%-27.5pp | 110.3%-11.8pp | 125%+10.5pp | 137.4%+29.3pp | 129.7%+19.8pp | |
| Efficiency | ||||||
| Asset turnover | 3.3×+0.3× | 3.3×+0.3× | 3.2×+0.3× | 3.1×+0.2× | 3×+0.1× | |
| Liquidity | ||||||
| Current ratio | 10.9×+0.7× | 11.2×+1.2× | 11.4×+1.4× | 10.9×+1.0× | 10.1×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 2.5×+0.2× | 2.5×+0.1× | 2.4×-0.1× | 2.2×-0.4× | 2.2×-0.5× | |
| Net debt / EBITDA | 2.3×0.0× | 2.2×-0.2× | 2.1×-0.5× | 2.2×-0.6× | 2.3×-0.6× | |
| 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% | |
| Price / sales | 15.2×-3.9× | 16.1×-4.1× | 16.2×-4.3× | 17×-2.0× | 19×+2.5× | |
| Price / book | 27.7×-1.0× | 28.8×-1.5× | 27.2×-3.8× | 26×-3.5× | 28.7×+1.8× | |
| EV / EBITDA | 51.7×-14.4× | 53.8×-17.8× | 54.1×-19.9× | 57.5×-13.5× | 66×+4.7× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
