What is Qualcomm's R&D?

Qualcomm (QCOM) reported R&D of $2.46B in Q1 2026.

How has Qualcomm's R&D changed year-over-year?

Qualcomm's R&D increased by 11.1% year-over-year, from $2.22B to $2.46B.

What is the long-term trend for Qualcomm's R&D?

Over 4 years (2021 to 2025), Qualcomm's R&D has grown at a 5.9% compound annual growth rate (CAGR), from $7.18B to $9.04B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Qualcomm QCOM R&D

R&D at other companies

Advanced Micro DevicesAMD

$2.4B+38.7%

Skyworks SolutionsSWKS

$212.4M+13.9%

IntelINTC

$3.38B-7.3%

AppleAAPL

$11.42B+33.6%

SynapticsSYNA

$94.5M+6.7%

Silicon LaboratoriesSLAB

$88.59M+0.4%

Other financials

Income statement

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Revenue$10.6B-3.5%

Gross profit$5.7B-5.7%

Operating income$2.3B-26.0%

Net income$7.4B+162%

EPS (diluted)$6.88+173%

Balance sheet

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Cash & equivalents$5.4B-24.5%

Total debt$14.8B+1.0%

Total equity$27.3B-1.6%

Total assets$57.1B+3.2%

Cash flow

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Operating cash flow$2.4B-4.1%

CapEx$533.0M+149%

Free cash flow$1.9B-18.1%

Valuation

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Market cap$215.96B+30.0%

Enterprise value$225.3B+29.8%

P/E13.6×-9.9×

P/S4.9×+0.9×

Profitability

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Gross margin54.8%-0.9pp

Operating margin25.5%-1.6pp

Net margin26.8%+3.4pp

FCF margin28.1%+0.4pp

Returns & leverage

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Return on equity44.6%+6.2pp

Debt / equity0.5×0.0×

Current ratio2.4×-0.4×

Where this comes from

Reported directly by Qualcomm in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

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Questions, answered.

What is Qualcomm's R&D?: Qualcomm (QCOM) reported R&D of $2.46B in Q1 2026.
How has Qualcomm's R&D changed year-over-year?: Qualcomm's R&D increased by 11.1% year-over-year, from $2.22B to $2.46B.
What is the long-term trend for Qualcomm's R&D?: Over 4 years (2021 to 2025), Qualcomm's R&D has grown at a 5.9% compound annual growth rate (CAGR), from $7.18B to $9.04B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.