Financials in USD. Standardized financial statements.
A compact view of how QUALCOMM Incorporated turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $44.28B | $38.96B | $35.82B | $44.20B | $33.57B | $23.53B | $24.27B | $22.73B | $22.29B | $23.55B |
| Revenue Growth? | +13.7% | +8.8% | -19.0% | +31.7% | +42.6% | -3.1% | +6.8% | +2.0% | -5.4% | 0.0% |
| Cost of Revenue? | $19.74B | $17.06B | $15.87B | $18.64B | $14.26B | $9.26B | $8.60B | $10.24B | $9.79B | $9.75B |
| Gross Profit? | $24.55B | $21.90B | $19.95B | $25.57B | $19.30B | $14.28B | $15.67B | $12.49B | $12.50B | $13.80B |
| Gross Margin? | +55.4% | +56.2% | +55.7% | +57.8% | +57.5% | +60.7% | +64.6% | +54.9% | +56.1% | +58.6% |
| Operating Expenses? | $12.19B | $11.83B | $12.16B | $9.71B | $9.52B | $8.02B | $8.01B | $11.75B | $9.88B | $7.31B |
| Operating Income? | $12.36B | $10.07B | $7.79B | $15.86B | $9.79B | $6.25B | $7.67B | $621.00M | $2.58B | $6.50B |
| EBITDA? | $14.93B | $12.74B | $9.95B | $17.25B | $11.37B | $7.62B | $9.48B | $5.33B | $4.97B | $8.24B |
| Income Before Tax | $12.66B | $10.34B | $7.44B | $15.00B | $10.27B | $5.72B | $7.48B | $513.00M | $3.02B | $6.83B |
| Income Tax Expense | $7.12B | $226.00M | $104.00M | $2.01B | $1.23B | $521.00M | $3.10B | $5.38B | $555.00M | $1.13B |
| Net Income? | $5.54B | $10.14B | $7.23B | $12.94B | $9.04B | $5.20B | $4.39B | -$4.96B | $2.47B | $5.71B |
| EPS? | $5.06 | $9.09 | $6.47 | $11.52 | $8.00 | $4.58 | $3.62 | $-3.32 | $1.66 | $3.84 |
| Diluted EPS? | $5.01 | $8.98 | $6.42 | $11.38 | $7.87 | $4.52 | $3.60 | $-3.32 | $1.64 | $3.81 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality