Revenue Decline
QCOM's revenue decreased by 3.5% year-over-year to $10.6 billion, primarily due to reduced demand in certain segments.
QUALCOMM INC/DE is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: In Q2 FY2026, QCOM reported a significant increase in net income and EPS despite a slight decline in revenue, driven by cost management and strategic share buybacks.
Drawn from management commentary in the Q1 2026 10-Q:
QCOM's revenue decreased by 3.5% year-over-year to $10.6 billion, primarily due to reduced demand in certain segments.
Net income increased by 162.1% to $7.37 billion, largely attributed to strategic cost management and one-time gains.
R&D expenses rose by 11.1% to $2.46 billion, reflecting QCOM's commitment to innovation and future growth.
Revenue
$10.6B
-3.46% YoY
EPS (Basic)
$6.92
++171.37% YoY
Operating Income
$2.31B
-25.99% YoY
Add QCOM to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.