Current Assets

Total Current Assets

Qualcomm Total Current Assets decreased by 6.1% to $23.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.4%, from $26.08B to $23.11B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 6.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026Apr 29, 2026

How to read this metric

An increase generally signals improved liquidity, provided it is not driven solely by rising inventory or uncollectible receivables.

Detailed definition

This is the aggregate value of all assets that are expected to be converted into cash or consumed within one year. It in...

Peer comparison

Standard metric used in current ratio calculations across all sectors.

Metric ID: total_current_assets

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$19.69B$20.08B$20.22B$21.61B$19.00B$20.72B$21.10B$19.07B$20.48B$22.46B$23.44B$24.23B$23.33B$25.23B$26.07B$26.08B$24.91B$25.75B$24.61B$23.11B
QoQ Change+1.9%+0.7%+6.9%-12.1%+9.1%+1.8%-9.6%+7.4%+9.7%+4.3%+3.4%-3.7%+8.1%+3.3%+0.1%-4.5%+3.4%-4.4%-6.1%
YoY Change-3.5%+3.2%+4.3%-11.7%+7.8%+8.4%+11.1%+27.0%+13.9%+12.3%+11.2%+7.6%+6.8%+2.1%-5.6%-11.4%
Range$19.00B$26.08B
CAGR+3.4%
Avg YoY Growth+5.2%
Median YoY Growth+7.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Qualcomm's total current assets?
Qualcomm (QCOM) reported total current assets of $23.11B in Q1 2026.
How has Qualcomm's total current assets changed year-over-year?
Qualcomm's total current assets decreased by 11.4% year-over-year, from $26.08B to $23.11B.
What is the long-term trend for Qualcomm's total current assets?
Over 5 years (2020 to 2025), Qualcomm's total current assets has grown at a 6.8% compound annual growth rate (CAGR), from $18.52B to $25.75B.
What does total current assets mean?
The sum of all assets that the company expects to turn into cash within one year.