QUALCOMM (QCOM) Financials

$145.22 -3.12 (-2.10%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$145.20 -0.02 (-0.01%)

As of 05/30/2025 07:59 PM Eastern

Annual Income Statements for QUALCOMM

This table shows QUALCOMM's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/29/2024	9/24/2023	9/25/2022	9/26/2021	9/27/2020	9/29/2019	9/30/2018	9/24/2017	9/25/2016	9/27/2015
Net Income / (Loss) Attributable to Common Shareholders	10,142	7,232	12,936	9,043	5,198	4,386	-4,964	2,445	5,705	5,271
Consolidated Net Income / (Loss)	10,142	7,232	12,936	9,043	5,198	4,386	-4,964	2,444	5,702	5,268
Net Income / (Loss) Continuing Operations	10,110	7,339	12,986	9,043	5,198	4,386	-4,964	2,444	5,702	5,268
Total Pre-Tax Income	10,336	7,443	14,998	10,274	5,719	7,481	392	2,987	6,833	6,487
Total Operating Income	10,071	7,788	15,860	9,789	6,255	7,667	621	2,581	6,495	5,776
Total Gross Profit	21,902	19,951	25,565	19,304	14,276	15,674	12,367	12,466	13,805	14,903
Total Revenue	38,962	35,820	44,200	33,566	23,531	24,273	22,611	22,258	23,554	25,281
Operating Revenue	38,962	35,820	44,200	33,566	23,531	24,273	22,611	22,258	23,554	25,281
Total Cost of Revenue	17,060	15,869	18,635	14,262	9,255	8,599	10,244	9,792	9,749	10,378
Operating Cost of Revenue	17,060	15,869	18,635	14,262	9,255	8,599	10,244	9,792	9,749	10,378
Total Operating Expenses	11,831	12,163	9,705	9,515	8,021	8,007	11,746	9,885	7,310	9,127
Selling, General & Admin Expense	2,759	2,483	2,570	2,339	2,074	2,195	2,986	2,658	2,385	2,344
Research & Development Expense	8,893	8,818	8,194	7,176	5,975	5,398	5,625	5,485	5,151	5,490
Other Operating Expenses / (Income)	179	862	-1,059	0.00	-28	414	3,135	1,742	-226	1,293
Total Other Income / (Expense), net	265	-345	-862	485	-536	-186	-229	406	338	711
Interest Expense	697	694	490	559	602	627	768	494	297	104
Other Income / (Expense), net	962	349	-372	1,044	-	-	-	-	-	-
Income Tax Expense	226	104	2,012	1,231	521	3,095	5,356	543	1,131	1,219
Net Income / (Loss) Discontinued Operations	32	-107	-50	0.00	0.00	-	-	-	-	-
Basic Earnings per Share	$9.09	$6.47	$11.52	$7.99	$4.58	$3.63	($3.39)	$1.66	$3.84	$3.26
Weighted Average Basic Shares Outstanding	1.12B	1.12B	1.12B	1.13B	1.14B	1.21B	1.46B	1.48B	1.48B	1.62B
Diluted Earnings per Share	$8.97	$6.42	$11.37	$7.87	$4.52	$3.59	($3.39)	$1.64	$3.81	$3.22
Weighted Average Diluted Shares Outstanding	1.13B	1.13B	1.14B	1.15B	1.15B	1.22B	1.46B	1.49B	1.50B	1.64B
Weighted Average Basic & Diluted Shares Outstanding	1.11B	1.11B	1.12B	1.12B	1.13B	1.14B	1.47B	1.48B	1.49B	1.62B
Cash Dividends to Common per Share	$3.30	$3.10	$2.86	$2.66	$2.54	$2.48	$2.38	$2.20	$2.02	$1.80

This table shows QUALCOMM's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/30/2025	12/29/2024	9/29/2024	6/23/2024	3/24/2024	12/24/2023	9/24/2023	6/25/2023	3/26/2023	12/25/2022	9/25/2022
Net Income / (Loss) Attributable to Common Shareholders	2,812	3,180	2,920	2,129	2,326	2,767	1,490	1,803	1,704	2,235	2,873
Consolidated Net Income / (Loss)	2,812	3,180	2,920	2,129	2,326	2,767	1,490	1,803	1,704	2,235	2,873
Net Income / (Loss) Continuing Operations	2,812	3,180	2,916	2,108	2,275	2,811	1,629	1,735	1,702	2,273	2,923
Total Pre-Tax Income	3,105	3,635	2,597	2,279	2,498	2,962	1,420	1,757	1,895	2,371	3,471
Total Operating Income	3,120	3,555	2,582	2,221	2,340	2,928	1,410	1,823	2,090	2,465	3,666
Total Gross Profit	6,042	6,508	5,777	5,219	5,283	5,623	4,751	4,659	5,122	5,419	6,527
Total Revenue	10,979	11,669	10,245	9,393	9,389	9,935	8,631	8,451	9,275	9,463	11,395
Operating Revenue	10,979	11,669	10,245	9,393	9,389	9,935	8,631	8,451	9,275	9,463	11,395
Total Cost of Revenue	4,937	5,161	4,468	4,174	4,106	4,312	3,880	3,792	4,153	4,044	4,868
Operating Cost of Revenue	4,937	5,161	4,468	4,174	4,106	4,312	3,880	3,792	4,153	4,044	4,868
Total Operating Expenses	2,922	2,953	3,195	2,998	2,943	2,695	3,341	2,836	3,032	2,954	2,861
Selling, General & Admin Expense	706	723	761	664	707	627	628	618	614	623	683
Research & Development Expense	2,216	2,230	2,302	2,259	2,236	2,096	2,135	2,222	2,210	2,251	2,178
Other Operating Expenses / (Income)	0.00	0.00	132	75	0.00	-28	578	-4.00	208	80	-
Total Other Income / (Expense), net	-15	80	15	58	158	34	10	-66	-195	-94	-195
Interest Expense	163	163	179	168	172	178	173	172	179	170	144
Other Income / (Expense), net	148	243	194	226	330	212	183	106	-16	76	-
Income Tax Expense	293	455	-319	171	223	151	-209	22	193	98	548
Net Income / (Loss) Discontinued Operations	0.00	0.00	4.00	21	51	-44	-139	68	2.00	-38	-50
Basic Earnings per Share	$2.55	$2.86	$2.62	$1.91	$2.08	$2.48	$1.33	$1.62	$1.53	$1.99	$2.57
Weighted Average Basic Shares Outstanding	1.10B	1.11B	1.12B	1.12B	1.12B	1.12B	1.12B	1.12B	1.12B	1.12B	1.12B
Diluted Earnings per Share	$2.52	$2.83	$2.57	$1.88	$2.06	$2.46	$1.32	$1.60	$1.52	$1.98	$2.53
Weighted Average Diluted Shares Outstanding	1.12B	1.12B	1.13B	1.13B	1.13B	1.13B	1.13B	1.12B	1.12B	1.13B	1.14B
Weighted Average Basic & Diluted Shares Outstanding	1.10B	1.11B	1.11B	1.11B	1.12B	1.12B	1.11B	1.12B	1.11B	1.12B	1.12B
Cash Dividends to Common per Share	$0.85	$0.85	-	$0.85	$0.80	$0.80	-	$0.80	$0.75	$0.75	-

This table details how cash moves in and out of QUALCOMM's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/29/2024	9/24/2023	9/25/2022	9/26/2021	9/27/2020	9/29/2019	9/30/2018	9/24/2017	9/25/2016	9/27/2015
Net Change in Cash & Equivalents	-678	5,428	-4,017	409	-5,132	62	-25,004	31,083	-1,614	-347
Net Cash From Operating Activities	12,202	11,299	9,096	10,536	5,814	7,286	3,908	5,001	7,632	5,506
Net Cash From Continuing Operating Activities	12,293	11,698	9,266	10,536	5,814	7,286	4,156	8,449	7,632	5,506
Net Income / (Loss) Continuing Operations	10,110	7,339	12,986	9,043	5,198	4,386	-4,964	2,444	5,702	5,268
Consolidated Net Income / (Loss)	10,110	7,339	12,986	9,043	-	4,386	-4,964	2,444	5,702	5,268
Depreciation Expense	1,706	1,809	1,762	1,582	1,393	1,401	1,561	1,461	1,428	1,214
Non-Cash Adjustments To Reconcile Net Income	-746	1,402	2,318	372	830	2,723	5,539	199	431	971
Changes in Operating Assets and Liabilities, net	1,223	1,148	-7,800	-461	-1,607	-1,224	1,772	897	71	-1,947
Net Cash From Discontinued Operating Activities	-91	-399	-170	0.00	0.00	-	-	-	-	-
Net Cash From Investing Activities	-3,623	762	-5,804	-3,356	-5,263	-806	2,381	20,463	-3,488	-3,572
Net Cash From Continuing Investing Activities	-3,625	-621	-5,788	-3,356	-5,263	-806	2,381	20,463	-3,488	-3,572
Purchase of Property, Plant & Equipment	-1,041	-1,450	-2,262	-1,888	-1,407	-887	-784	-690	-539	-994
Acquisitions	-254	-235	-4,912	-1,377	-185	-252	-326	-1,544	-812	-3,019
Purchase of Investments	-5,069	-668	-1,414	-5,907	-6,213	0.00	-5,936	-21,072	-18,192	-16,560
Sale of Property, Plant & Equipment	10	127	5.00	3.00	-	-	-	-	-	266
Sale and/or Maturity of Investments	2,765	1,586	2,754	5,875	2,499	266	9,410	43,744	15,674	16,738
Other Investing Activities, net	-36	19	41	-62	43	67	17	25	149	-3.00
Net Cash From Discontinued Investing Activities	2.00	1,383	-16	0.00	-	-	-	-	-	-
Net Cash From Financing Activities	-9,269	-6,663	-7,196	-6,798	-5,707	-6,386	-31,500	5,571	-5,754	-2,261
Net Cash From Continuing Financing Activities	-9,288	-6,605	-7,200	-6,798	-5,707	-6,386	-31,500	5,571	-5,754	-2,261
Repayment of Debt	-1,730	-7,031	-8,926	-2,920	-5,193	-6,597	-16,751	-9,460	-8,234	-3,045
Repurchase of Common Equity	-4,121	-2,973	-3,129	-3,366	-2,450	-1,793	-22,580	-1,342	-3,923	-11,246
Payment of Dividends	-3,687	-3,462	-3,212	-3,008	-2,882	-2,968	-3,466	-3,252	-2,990	-2,880
Issuance of Debt	799	6,948	8,477	2,886	4,836	5,989	11,131	19,511	8,949	14,020
Issuance of Common Equity	383	434	356	347	329	414	603	497	668	787
Other Financing Activities, net	-932	-521	-766	-737	-347	-1,431	-437	-383	-224	103
Net Cash From Discontinued Financing Activities	19	-58	4.00	0.00	-	-	-	-	-	-
Effect of Exchange Rate Changes	12	30	-113	27	-	-32	-41	48	-4.00	-20

This table details how cash moves in and out of QUALCOMM's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/30/2025	12/29/2024	9/29/2024	6/23/2024	3/24/2024	12/24/2023	9/24/2023	6/25/2023	3/26/2023	12/25/2022	9/25/2022
Net Change in Cash & Equivalents	-1,510	864	79	-1,449	1,025	-333	2,350	2,395	-1,291	1,974	-99
Net Cash From Operating Activities	2,554	4,587	2,647	3,052	3,554	2,949	4,090	2,657	1,457	3,095	1,446
Net Cash From Continuing Operating Activities	2,554	4,587	2,647	3,052	3,629	2,965	4,095	2,990	1,490	3,123	1,616
Net Income / (Loss) Continuing Operations	2,812	3,180	2,915	2,108	2,276	2,811	1,629	1,735	1,702	2,273	2,923
Consolidated Net Income / (Loss)	2,812	3,180	2,915	2,108	2,276	2,811	1,629	1,735	1,702	2,273	2,923
Depreciation Expense	397	436	439	419	411	437	462	479	470	398	490
Non-Cash Adjustments To Reconcile Net Income	-413	938	152	-200	-226	-472	303	396	247	456	668
Changes in Operating Assets and Liabilities, net	-242	33	-859	725	1,168	189	1,701	380	-929	-4.00	-2,465
Net Cash From Investing Activities	-1,289	-671	-385	-1,043	-939	-1,256	-618	1,737	-224	-133	-290
Net Cash From Continuing Investing Activities	-1,289	-671	-389	-1,041	-939	-1,256	-606	342	-224	-133	-274
Purchase of Property, Plant & Equipment	-214	-277	-256	-387	-184	-214	-293	-306	-453	-398	-634
Acquisitions	-81	-260	-20	-69	-105	-60	-128	-46	-32	-29	-169
Purchase of Investments	-2,412	-914	-913	-1,314	-1,390	-1,452	-646	-	-	-22	-145
Sale and/or Maturity of Investments	1,444	752	800	725	777	463	454	630	283	219	669
Other Investing Activities, net	-26	28	-	2.00	-40	7.00	1.00	64	-32	-14	-
Net Cash From Financing Activities	-2,781	-3,008	-2,199	-3,449	-1,580	-2,041	-1,117	-1,988	-2,543	-1,015	-1,192
Net Cash From Continuing Financing Activities	-2,781	-3,008	-2,199	-3,468	-1,580	-2,041	-1,117	-1,930	-2,543	-1,015	-1,196
Repayment of Debt	-2.00	-501	-	-935	-403	-392	-403	-471	-4,225	-1,932	-3,943
Repurchase of Common Equity	-1,748	-1,750	-1,303	-1,303	-731	-784	-400	-400	-903	-1,270	-500
Payment of Dividends	-938	-942	-948	-949	-895	-895	-893	-893	-834	-842	-841
Other Financing Activities, net	-294	-315	-135	-282	-145	-370	-22	-167	-23	-309	-15
Effect of Exchange Rate Changes	6.00	-44	16	-9.00	-10	15	-5.00	-11	19	27	-63

This table presents QUALCOMM's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/29/2024	9/24/2023	9/25/2022	9/26/2021	9/27/2020	9/29/2019	9/30/2018	9/24/2017	9/25/2016	9/27/2015
Total Assets	55,154	51,040	49,014	41,240	35,594	32,957	32,718	65,486	52,359	50,796
Total Current Assets	25,231	22,464	20,724	20,075	18,519	16,765	17,384	43,593	22,981	22,099
Cash & Equivalents	7,849	8,450	2,773	7,116	6,707	11,839	11,777	35,029	5,946	7,560
Short-Term Investments	5,451	2,874	3,609	5,298	4,507	421	311	2,279	12,702	9,761
Accounts Receivable	3,929	3,183	5,643	3,579	4,003	2,471	2,904	3,632	2,219	1,964
Inventories, net	6,423	6,422	6,341	3,228	2,598	1,400	1,693	2,035	1,556	1,492
Other Current Assets	1,579	1,194	1,625	854	704	634	699	618	558	687
Plant, Property, & Equipment, net	4,665	5,042	5,168	4,559	3,711	3,081	2,975	3,216	2,306	2,534
Total Noncurrent Assets	25,258	23,534	23,122	16,606	13,364	13,111	12,359	18,677	27,072	26,163
Goodwill	10,799	10,642	10,508	7,246	6,323	6,282	6,498	6,623	5,679	5,479
Intangible Assets	1,244	1,408	1,882	1,458	1,653	2,172	2,955	3,737	3,500	3,742
Noncurrent Deferred & Refundable Income Taxes	5,162	3,310	1,803	1,591	1,351	1,196	936	2,900	2,030	1,453
Other Noncurrent Operating Assets	8,053	8,086	7,729	6,311	4,037	3,461	1,970	4,147	2,161	1,863
Total Liabilities & Shareholders' Equity	55,154	51,040	49,014	41,240	35,594	32,957	32,718	65,486	52,359	50,796
Total Liabilities	28,880	29,459	31,001	31,290	29,517	28,048	31,911	34,740	20,591	19,382
Total Current Liabilities	10,504	9,628	11,866	11,951	8,672	8,935	11,389	10,907	7,311	6,100
Short-Term Debt	1,364	914	1,945	2,044	500	2,496	1,005	2,495	1,749	1,000
Accounts Payable	2,584	1,912	3,796	2,750	2,248	1,368	1,825	1,971	1,858	1,300
Current Deferred Revenue	297	293	369	612	568	565	500	502	509	583
Current Employee Benefit Liabilities	1,834	1,685	1,486	1,531	1,053	1,048	1,081	1,183	934	861
Other Current Liabilities	4,425	4,491	3,689	5,014	4,303	3,458	6,978	4,756	2,261	2,356
Total Noncurrent Liabilities	18,376	19,831	19,135	19,339	20,845	19,113	20,522	23,833	13,280	13,282
Long-Term Debt	13,270	14,484	13,537	13,701	15,226	13,437	15,365	19,398	10,008	9,969
Noncurrent Deferred Revenue	88	99	1,616	2,077	2,633	3,248	3,932	2,003	2,377	2,496
Other Noncurrent Operating Liabilities	5,018	5,210	3,863	3,561	2,986	2,428	1,225	2,432	895	817
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	26,274	21,581	18,013	9,950	6,077	4,909	807	30,746	31,768	31,414
Total Preferred & Common Equity	26,274	21,581	18,013	9,950	6,077	4,909	807	30,746	31,778	31,421
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	26,274	21,581	18,013	9,950	6,077	4,909	807	30,746	31,778	31,421
Common Stock	0.00	490	195	0.00	586	343	0.00	274	414	0.00
Retained Earnings	25,687	20,733	17,840	9,822	5,284	4,466	542	30,088	30,936	31,226
Accumulated Other Comprehensive Income / (Loss)	587	358	-22	128	207	100	265	384	428	195
Other Equity Adjustments	0.00	0.00	0.00	-	-	0.00	-	-	-	-

This table presents QUALCOMM's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/30/2025	12/29/2024	9/29/2024	6/23/2024	3/24/2024	12/24/2023	9/24/2023	6/25/2023	3/26/2023	12/25/2022	9/25/2022
Total Assets	55,372	55,575	55,154	52,741	53,167	52,135	51,040	49,002	48,362	50,014	49,014
Total Current Assets	26,080	26,065	25,231	23,332	24,232	23,439	22,464	20,476	19,073	21,098	20,724
Cash & Equivalents	7,203	8,713	7,849	7,770	9,219	8,133	8,450	6,087	3,488	4,808	2,773
Short-Term Investments	6,643	5,592	5,451	5,262	4,632	3,921	2,874	2,544	3,188	3,430	3,609
Accounts Receivable	3,699	3,550	3,929	2,948	3,054	3,513	3,183	3,850	3,691	3,960	5,643
Inventories, net	6,196	6,303	6,423	6,020	6,087	6,247	6,422	6,628	6,858	6,932	6,341
Other Current Assets	2,339	1,907	1,579	1,332	1,240	1,288	1,194	1,050	1,032	1,247	1,625
Plant, Property, & Equipment, net	4,410	4,460	4,665	4,744	4,724	4,907	5,042	5,216	5,281	5,215	5,168
Total Noncurrent Assets	24,882	25,050	25,258	24,665	24,211	23,789	23,534	23,310	24,008	23,701	23,122
Goodwill	10,948	10,908	10,799	10,770	10,760	10,722	10,642	10,591	10,579	10,566	10,508
Intangible Assets	1,183	1,225	1,244	1,296	1,331	1,387	1,408	1,618	1,727	1,796	1,882
Noncurrent Deferred & Refundable Income Taxes	5,750	5,409	5,162	4,420	3,978	3,579	3,310	2,773	2,477	2,092	1,803
Other Noncurrent Operating Assets	7,001	7,508	8,053	8,179	8,142	8,032	8,086	8,110	7,974	8,048	7,729
Total Liabilities & Shareholders' Equity	55,372	55,575	55,154	52,741	53,167	52,135	51,040	49,002	48,362	50,014	49,014
Total Liabilities	27,644	28,695	28,880	28,071	28,698	29,077	29,459	28,332	28,664	31,204	31,001
Total Current Liabilities	9,544	9,954	10,504	9,747	9,143	9,169	9,628	8,463	7,866	10,081	11,866
Short-Term Debt	1,365	1,365	1,364	1,364	914	914	914	914	499	1,446	1,945
Accounts Payable	2,479	2,581	2,584	2,586	2,314	2,147	1,912	1,744	1,430	2,562	3,796
Current Deferred Revenue	232	212	297	263	253	210	293	249	277	289	369
Current Employee Benefit Liabilities	1,248	1,424	1,834	1,780	1,253	1,757	1,685	1,546	1,227	1,460	1,486
Other Current Liabilities	4,220	4,372	4,425	3,754	4,409	3,805	4,491	3,710	3,785	3,678	3,689
Total Noncurrent Liabilities	18,100	18,741	18,376	18,324	19,555	19,908	19,831	19,869	20,798	21,123	19,135
Long-Term Debt	13,258	13,212	13,270	13,190	14,543	14,566	14,484	14,530	15,486	15,431	13,537
Noncurrent Deferred Revenue	82	77	88	634	661	1,149	99	1,190	1,188	1,577	1,616
Other Noncurrent Operating Liabilities	4,760	5,452	5,018	4,500	4,351	4,150	5,210	4,113	4,008	4,004	3,863
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	27,728	26,880	26,274	24,670	24,469	23,058	21,581	20,670	19,698	18,810	18,013
Total Preferred & Common Equity	27,728	26,880	26,274	24,670	24,469	23,058	21,581	20,670	19,698	18,810	18,013
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	27,728	26,880	26,274	24,670	24,469	23,058	21,581	20,670	19,698	18,810	18,013
Common Stock	0.00	0.00	0.00	0.00	66	0.00	490	77	0.00	0.00	195
Retained Earnings	27,333	26,607	25,687	24,273	23,965	22,565	20,733	20,163	19,280	18,517	17,840
Accumulated Other Comprehensive Income / (Loss)	395	273	587	397	438	493	358	430	418	293	-22
Other Equity Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

This table displays calculated financial ratios and metrics derived from QUALCOMM's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/29/2024	9/24/2023	9/25/2022	9/26/2021	9/27/2020	9/29/2019	9/30/2018	9/24/2017	9/25/2016	9/27/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.77%	-18.96%	31.68%	42.65%	-3.06%	7.35%	1.59%	-5.50%	-6.83%	-4.55%
EBITDA Growth	28.08%	-42.34%	38.94%	62.33%	-15.66%	315.58%	-46.02%	-48.98%	13.35%	-19.66%
EBIT Growth	35.59%	-47.46%	42.97%	73.19%	-18.42%	1,134.62%	-75.94%	-60.26%	12.45%	-23.50%
NOPAT Growth	28.28%	-44.08%	59.38%	51.55%	26.48%	157.16%	-472.38%	-61.04%	15.55%	-27.61%
Net Income Growth	40.24%	-44.09%	43.05%	73.97%	18.51%	188.36%	-303.11%	-57.14%	8.24%	-33.85%
EPS Growth	39.72%	-43.54%	44.47%	74.12%	25.91%	205.90%	-306.71%	-56.96%	18.32%	-30.75%
Operating Cash Flow Growth	7.99%	24.22%	-13.67%	81.22%	-20.20%	86.44%	-21.86%	-34.47%	38.61%	-38.04%
Free Cash Flow Firm Growth	-1.54%	602.53%	-80.87%	61.06%	267.06%	-9.57%	243.13%	-113.63%	1,325.20%	-93.38%
Invested Capital Growth	7.86%	-1.09%	94.86%	25.42%	23.39%	68.64%	-63.81%	25.83%	-2.28%	60.08%
Revenue Q/Q Growth	4.32%	-7.16%	4.89%	3.04%	17.66%	-3.82%	-0.48%	-1.32%	3.19%	-4.66%
EBITDA Q/Q Growth	10.02%	-16.29%	2.72%	4.90%	55.86%	17.22%	-31.32%	-26.08%	9.27%	-10.52%
EBIT Q/Q Growth	12.01%	-18.99%	2.60%	4.78%	78.56%	21.91%	-61.55%	-36.55%	11.35%	-12.84%
NOPAT Q/Q Growth	14.91%	-15.92%	4.75%	-6.78%	79.09%	28.79%	-246.03%	-37.06%	10.19%	-13.14%
Net Income Q/Q Growth	16.41%	-16.05%	0.58%	-1.75%	89.43%	30.26%	-43.93%	-19.63%	10.40%	-13.65%
EPS Q/Q Growth	16.19%	-15.86%	0.71%	-1.50%	90.72%	28.21%	-16.49%	-36.92%	11.08%	-11.54%
Operating Cash Flow Q/Q Growth	-10.58%	30.55%	4.23%	-5.93%	9.70%	29.28%	-47.34%	46.83%	7.81%	-10.95%
Free Cash Flow Firm Q/Q Growth	-18.88%	43.90%	160.25%	-13.69%	77.31%	-81.99%	-68.81%	-11.43%	134.39%	-84.59%
Invested Capital Q/Q Growth	5.41%	-6.18%	9.27%	20.63%	22.69%	13.96%	-47.01%	-8.87%	-1.79%	28.73%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	56.21%	55.70%	57.84%	57.51%	60.67%	64.57%	54.69%	56.01%	58.61%	58.95%
EBITDA Margin	32.70%	27.77%	39.03%	36.99%	32.50%	37.36%	9.65%	18.16%	33.64%	27.65%
Operating Margin	25.85%	21.74%	35.88%	29.16%	26.58%	31.59%	2.75%	11.60%	27.57%	22.85%
EBIT Margin	28.32%	22.72%	35.04%	32.27%	26.58%	31.59%	2.75%	11.60%	27.57%	22.85%
Profit (Net Income) Margin	26.03%	20.19%	29.27%	26.94%	22.09%	18.07%	-21.95%	10.98%	24.21%	20.84%
Tax Burden Percent	98.12%	97.17%	86.25%	88.02%	90.89%	58.63%	-1,266.33%	81.82%	83.45%	81.21%
Interest Burden Percent	93.68%	91.47%	96.84%	94.84%	91.43%	97.57%	63.12%	115.73%	105.20%	112.31%
Effective Tax Rate	2.19%	1.40%	13.42%	11.98%	9.11%	41.37%	1,366.33%	18.18%	16.55%	18.79%
Return on Invested Capital (ROIC)	37.03%	29.84%	70.13%	72.19%	59.31%	65.76%	-82.13%	16.74%	47.94%	50.49%
ROIC Less NNEP Spread (ROIC-NNEP)	47.92%	22.31%	55.91%	83.08%	47.41%	63.02%	-128.89%	14.95%	46.55%	48.27%
Return on Net Nonoperating Assets (RNNOA)	5.36%	6.70%	22.39%	40.66%	35.32%	87.70%	50.66%	-8.92%	-29.89%	-35.56%
Return on Equity (ROE)	42.39%	36.53%	92.52%	112.85%	94.63%	153.46%	-31.46%	7.82%	18.05%	14.93%
Cash Return on Invested Capital (CROIC)	29.47%	30.93%	5.79%	49.64%	38.37%	14.66%	11.57%	-6.14%	50.25%	4.29%
Operating Return on Assets (OROA)	20.78%	16.27%	34.32%	28.20%	18.25%	23.35%	1.26%	4.38%	12.59%	11.63%
Return on Assets (ROA)	19.10%	14.46%	28.67%	23.54%	15.17%	13.36%	-10.11%	4.15%	11.06%	10.60%
Return on Common Equity (ROCE)	42.39%	36.53%	92.52%	112.85%	94.63%	153.46%	-31.46%	7.82%	18.05%	14.93%
Return on Equity Simple (ROE_SIMPLE)	38.60%	33.51%	71.81%	90.88%	85.54%	89.35%	-615.12%	7.95%	17.94%	16.77%
Net Operating Profit after Tax (NOPAT)	9,851	7,679	13,732	8,616	5,685	4,495	-7,864	2,112	5,420	4,691
NOPAT Margin	25.28%	21.44%	31.07%	25.67%	24.16%	18.52%	-34.78%	9.49%	23.01%	18.55%
Net Nonoperating Expense Percent (NNEP)	-10.89%	7.53%	14.22%	-10.89%	11.90%	2.74%	46.76%	1.78%	1.39%	2.22%
Cost of Revenue to Revenue	43.79%	44.30%	42.16%	42.49%	39.33%	35.43%	45.31%	43.99%	41.39%	41.05%
SG&A Expenses to Revenue	7.08%	6.93%	5.81%	6.97%	8.81%	9.04%	13.21%	11.94%	10.13%	9.27%
R&D to Revenue	22.82%	24.62%	18.54%	21.38%	25.39%	22.24%	24.88%	24.64%	21.87%	21.72%
Operating Expenses to Revenue	30.37%	33.96%	21.96%	28.35%	34.09%	32.99%	51.95%	44.41%	31.04%	36.10%
Earnings before Interest and Taxes (EBIT)	11,033	8,137	15,488	10,833	6,255	7,667	621	2,581	6,495	5,776
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	12,739	9,946	17,250	12,415	7,648	9,068	2,182	4,042	7,923	6,990
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.21	5.45	7.21	14.28	19.63	17.03	113.11	2.08	2.33	2.05
Price to Tangible Book Value (P/TBV)	13.32	12.35	23.09	114.06	0.00	0.00	0.00	3.14	3.28	2.91
Price to Revenue (P/Rev)	4.86	3.29	2.94	4.23	5.07	3.44	4.04	2.87	3.14	2.55
Price to Earnings (P/E)	18.69	16.28	10.04	15.72	22.95	19.06	0.00	26.16	12.98	12.24
Dividend Yield	1.94%	2.94%	2.47%	2.14%	2.99%	3.61%	3.83%	5.08%	4.02%	4.38%
Earnings Yield	5.35%	6.14%	9.96%	6.36%	4.36%	5.25%	0.00%	3.82%	7.70%	8.17%
Enterprise Value to Invested Capital (EV/IC)	6.91	4.76	5.37	10.95	11.69	10.17	18.78	3.36	4.78	3.89
Enterprise Value to Revenue (EV/Rev)	4.90	3.40	3.14	4.33	5.26	3.59	4.23	2.12	2.27	1.76
Enterprise Value to EBITDA (EV/EBITDA)	14.98	12.25	8.05	11.72	16.19	9.62	43.80	11.69	6.75	6.37
Enterprise Value to EBIT (EV/EBIT)	17.30	14.97	8.97	13.43	19.79	11.38	153.89	18.31	8.23	7.71
Enterprise Value to NOPAT (EV/NOPAT)	19.38	15.86	10.12	16.88	21.78	19.41	0.00	22.38	9.86	9.49
Enterprise Value to Operating Cash Flow (EV/OCF)	15.64	10.78	15.27	13.81	21.29	11.98	24.45	9.45	7.00	8.09
Enterprise Value to Free Cash Flow (EV/FCFF)	24.34	15.30	122.59	24.55	33.66	87.08	86.24	0.00	9.41	111.73
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.56	0.71	0.86	1.58	2.59	3.25	20.29	0.71	0.37	0.35
Long-Term Debt to Equity	0.51	0.67	0.75	1.38	2.51	2.74	19.04	0.63	0.32	0.32
Financial Leverage	0.11	0.30	0.40	0.49	0.75	1.39	-0.39	-0.60	-0.64	-0.74
Leverage Ratio	2.22	2.53	3.23	4.79	6.24	11.49	3.11	1.89	1.63	1.41
Compound Leverage Factor	2.08	2.31	3.13	4.55	5.71	11.21	1.96	2.18	1.72	1.58
Debt to Total Capital	35.77%	41.64%	46.22%	61.28%	72.13%	76.45%	95.30%	41.59%	27.01%	25.88%
Short-Term Debt to Total Capital	3.33%	2.47%	5.81%	7.95%	2.29%	11.98%	5.85%	4.74%	4.02%	2.36%
Long-Term Debt to Total Capital	32.44%	39.17%	40.42%	53.32%	69.83%	64.47%	89.45%	36.85%	22.99%	23.52%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.02%	-0.02%
Common Equity to Total Capital	64.23%	58.36%	53.78%	38.72%	27.87%	23.55%	4.70%	58.41%	73.01%	74.14%
Debt to EBITDA	1.15	1.55	0.90	1.27	2.06	1.76	7.50	5.42	1.48	1.57
Net Debt to EBITDA	0.10	0.41	0.53	0.27	0.59	0.41	1.96	-4.13	-2.60	-2.86
Long-Term Debt to EBITDA	1.04	1.46	0.78	1.10	1.99	1.48	7.04	4.80	1.26	1.43
Debt to NOPAT	1.49	2.01	1.13	1.83	2.77	3.54	-2.08	10.37	2.17	2.34
Net Debt to NOPAT	0.14	0.53	0.66	0.39	0.79	0.82	-0.54	-7.90	-3.80	-4.26
Long-Term Debt to NOPAT	1.35	1.89	0.99	1.59	2.68	2.99	-1.95	9.19	1.85	2.13
Altman Z-Score	6.28	4.50	5.18	4.98	4.21	3.77	2.71	2.82	4.20	4.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.02%	-0.03%	-0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.40	2.33	1.75	1.68	2.14	1.88	1.53	4.00	3.14	3.62
Quick Ratio	1.64	1.51	1.01	1.34	1.75	1.65	1.32	3.75	2.85	3.16
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	7,840	7,962	1,133	5,924	3,678	1,002	1,108	-774	5,681	399
Operating Cash Flow to CapEx	1,183.51%	854.04%	403.01%	558.94%	413.22%	821.42%	498.47%	724.78%	1,415.96%	756.32%
Free Cash Flow to Firm to Interest Expense	11.25	11.47	2.31	10.60	6.11	1.60	1.44	-1.57	19.13	3.83
Operating Cash Flow to Interest Expense	17.51	16.28	18.56	18.85	9.66	11.62	5.09	10.12	25.70	52.94
Operating Cash Flow Less CapEx to Interest Expense	16.03	14.37	13.96	15.48	7.32	10.21	4.07	8.73	23.88	45.94
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.73	0.72	0.98	0.87	0.69	0.74	0.46	0.38	0.46	0.51
Accounts Receivable Turnover	10.96	8.12	9.59	8.85	7.27	9.03	6.92	7.61	11.26	11.55
Inventory Turnover	2.66	2.49	3.89	4.90	4.63	5.56	5.50	5.45	6.40	7.04
Fixed Asset Turnover	8.03	7.02	9.09	8.12	6.93	8.02	7.30	8.06	9.73	10.07
Accounts Payable Turnover	7.59	5.56	5.69	5.71	5.12	5.39	5.40	5.11	6.17	5.96
Days Sales Outstanding (DSO)	33.31	44.97	38.08	41.22	50.21	40.41	52.75	47.97	32.41	31.59
Days Inventory Outstanding (DIO)	137.41	146.78	93.71	74.55	78.84	65.64	66.42	66.93	57.06	51.88
Days Payable Outstanding (DPO)	48.10	65.64	64.11	63.96	71.30	67.77	67.63	71.36	59.12	61.25
Cash Conversion Cycle (CCC)	122.63	126.10	67.68	51.82	57.74	38.29	51.54	43.54	30.35	22.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	27,608	25,597	25,880	13,281	10,589	8,582	5,089	14,061	11,175	11,436
Invested Capital Turnover	1.46	1.39	2.26	2.81	2.45	3.55	2.36	1.76	2.08	2.72
Increase / (Decrease) in Invested Capital	2,011	-283	12,599	2,692	2,007	3,493	-8,972	2,886	-261	4,292
Enterprise Value (EV)	190,859	121,789	138,938	145,454	123,800	87,257	95,564	47,269	53,451	44,537
Market Capitalization	189,525	117,715	129,838	142,123	119,288	83,584	91,282	63,954	74,054	64,522
Book Value per Share	$23.59	$19.34	$16.04	$8.82	$5.39	$4.04	$0.55	$20.83	$21.56	$20.00
Tangible Book Value per Share	$12.77	$8.54	$5.01	$1.10	($1.68)	($2.92)	($5.89)	$13.81	$15.34	$14.13
Total Capital	40,908	36,979	33,495	25,695	21,803	20,842	17,177	52,639	43,525	42,383
Total Debt	14,634	15,398	15,482	15,745	15,726	15,933	16,370	21,893	11,757	10,969
Total Long-Term Debt	13,270	14,484	13,537	13,701	15,226	13,437	15,365	19,398	10,008	9,969
Net Debt	1,334	4,074	9,100	3,331	4,512	3,673	4,282	-16,685	-20,593	-19,978
Capital Expenditures (CapEx)	1,031	1,323	2,257	1,885	1,407	887	784	690	539	728
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,791	2,426	4,421	-2,246	-867	-1,934	-5,088	-2,127	-1,229	-322
Debt-free Net Working Capital (DFNWC)	16,091	13,750	10,803	10,168	10,347	10,326	7,000	35,181	17,419	16,999
Net Working Capital (NWC)	14,727	12,836	8,858	8,124	9,847	7,830	5,995	32,686	15,670	15,999
Net Nonoperating Expense (NNE)	-291	447	796	-427	487	109	-2,900	-332	-282	-577
Net Nonoperating Obligations (NNO)	1,334	4,016	7,867	3,331	4,512	3,673	4,282	-16,685	-20,593	-19,978
Total Depreciation and Amortization (D&A)	1,706	1,809	1,762	1,582	1,393	1,401	1,561	1,461	1,428	1,214
Debt-free, Cash-free Net Working Capital to Revenue	7.16%	6.77%	10.00%	-6.69%	-3.68%	-7.97%	-22.50%	-9.56%	-5.22%	-1.27%
Debt-free Net Working Capital to Revenue	41.30%	38.39%	24.44%	30.29%	43.97%	42.54%	30.96%	158.06%	73.95%	67.24%
Net Working Capital to Revenue	37.80%	35.83%	20.04%	24.20%	41.85%	32.26%	26.51%	146.85%	66.53%	63.28%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$9.09	$6.47	$11.52	$7.99	$4.58	$3.63	($3.32)	$1.67	$3.84	$3.26
Adjusted Weighted Average Basic Shares Outstanding	1.12B	1.12B	1.12B	1.13B	1.14B	1.21B	1.46B	1.48B	1.48B	1.62B
Adjusted Diluted Earnings per Share	$8.97	$6.42	$11.37	$7.87	$4.52	$3.59	($3.32)	$1.65	$3.81	$3.22
Adjusted Weighted Average Diluted Shares Outstanding	1.13B	1.13B	1.14B	1.15B	1.15B	1.22B	1.46B	1.49B	1.50B	1.64B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$3.63	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.11B	1.11B	1.12B	1.12B	1.13B	1.14B	1.21B	1.47B	1.48B	1.50B
Normalized Net Operating Profit after Tax (NOPAT)	9,851	7,679	13,732	8,616	5,685	4,495	435	2,112	5,420	4,691
Normalized NOPAT Margin	25.28%	21.44%	31.07%	25.67%	24.16%	18.52%	1.92%	9.49%	23.01%	18.55%
Pre Tax Income Margin	26.53%	20.78%	33.93%	30.61%	24.30%	30.82%	1.73%	13.42%	29.01%	25.66%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	15.83	11.72	31.61	19.38	10.39	12.23	0.81	5.22	21.87	55.54
NOPAT to Interest Expense	14.13	11.07	28.03	15.41	9.44	7.17	-10.24	4.27	18.25	45.10
EBIT Less CapEx to Interest Expense	14.35	9.82	27.00	16.01	8.05	10.81	-0.21	3.83	20.05	48.54
NOPAT Less CapEx to Interest Expense	12.65	9.16	23.42	12.04	7.11	5.75	-11.26	2.88	16.43	38.10
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	36.35%	47.87%	24.83%	33.26%	55.44%	67.67%	-69.82%	133.06%	52.44%	54.67%
Augmented Payout Ratio	76.99%	88.98%	49.02%	70.49%	102.58%	108.55%	-524.70%	187.97%	121.24%	268.15%

This table displays calculated financial ratios and metrics derived from QUALCOMM's official financial filings.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/30/2025	12/29/2024	9/29/2024	6/23/2024	3/24/2024	12/24/2023	9/24/2023	6/25/2023	3/26/2023	12/25/2022	9/25/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.93%	17.45%	18.70%	11.15%	1.23%	4.99%	-24.26%	-22.72%	-16.92%	-11.60%	22.05%
EBITDA Growth	18.95%	18.37%	56.45%	19.02%	21.11%	21.71%	-50.55%	-49.27%	-36.21%	-31.17%	24.92%
EBIT Growth	22.40%	20.96%	74.26%	26.85%	28.74%	23.57%	-56.55%	-55.23%	-41.74%	-34.24%	26.33%
NOPAT Growth	32.59%	11.92%	79.23%	14.12%	13.53%	17.59%	-47.61%	-54.25%	-43.23%	-30.46%	24.82%
Net Income Growth	20.89%	14.93%	95.97%	18.08%	36.50%	23.80%	-48.14%	-51.66%	-41.92%	-34.25%	2.64%
EPS Growth	22.33%	15.04%	94.70%	17.50%	35.53%	24.24%	-47.83%	-51.37%	-40.86%	-33.56%	3.27%
Operating Cash Flow Growth	-28.14%	55.54%	-35.28%	14.87%	143.93%	-4.72%	182.85%	-8.22%	-46.00%	50.46%	34.26%
Free Cash Flow Firm Growth	-89.48%	-7.39%	-53.27%	274.81%	144.95%	132.00%	119.98%	79.40%	-231.66%	-421.80%	-4,251.55%
Invested Capital Growth	9.32%	2.63%	7.86%	-4.00%	-5.88%	0.65%	-1.09%	15.20%	58.65%	66.65%	94.86%
Revenue Q/Q Growth	-5.91%	13.90%	9.07%	0.04%	-5.50%	15.11%	2.13%	-8.88%	-1.99%	-16.95%	4.20%
EBITDA Q/Q Growth	-13.44%	31.70%	12.18%	-6.98%	-13.87%	74.06%	-14.66%	-5.35%	-13.44%	-29.28%	-12.45%
EBIT Q/Q Growth	-13.95%	36.82%	13.45%	-8.35%	-14.97%	97.11%	-17.42%	-6.99%	-18.38%	-30.69%	-14.92%
NOPAT Q/Q Growth	-9.15%	7.27%	41.12%	-3.60%	-23.31%	71.79%	-10.15%	-4.10%	-20.57%	-23.45%	-21.55%
Net Income Q/Q Growth	-11.57%	8.90%	37.15%	-8.47%	-15.94%	85.70%	-17.36%	5.81%	-23.76%	-22.21%	-22.98%
EPS Q/Q Growth	-10.95%	10.12%	36.70%	-8.74%	-16.26%	86.36%	-17.50%	5.26%	-23.23%	-21.74%	-23.10%
Operating Cash Flow Q/Q Growth	-44.32%	73.29%	-13.27%	-14.12%	20.52%	-27.90%	53.93%	82.36%	-52.92%	114.04%	-50.05%
Free Cash Flow Firm Q/Q Growth	-83.62%	171.91%	-71.77%	-16.32%	44.19%	37.21%	205.60%	78.48%	-2.64%	14.32%	-8.84%
Invested Capital Q/Q Growth	4.98%	-1.65%	5.41%	0.45%	-1.44%	3.36%	-6.18%	-1.52%	5.39%	1.57%	9.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	55.03%	55.77%	56.39%	55.56%	56.27%	56.60%	55.05%	55.13%	55.22%	57.27%	57.28%
EBITDA Margin	33.38%	36.28%	31.38%	30.51%	32.82%	36.00%	23.81%	28.49%	27.43%	31.06%	36.47%
Operating Margin	28.42%	30.47%	25.20%	23.65%	24.92%	29.47%	16.34%	21.57%	22.53%	26.05%	32.17%
EBIT Margin	29.77%	32.55%	27.10%	26.05%	28.44%	31.61%	18.46%	22.83%	22.36%	26.85%	32.17%
Profit (Net Income) Margin	25.61%	27.25%	28.50%	22.67%	24.77%	27.85%	17.26%	21.33%	18.37%	23.62%	25.21%
Tax Burden Percent	90.56%	87.48%	112.44%	93.42%	93.11%	93.42%	104.93%	102.62%	89.92%	94.26%	82.77%
Interest Burden Percent	95.01%	95.71%	93.55%	93.13%	93.56%	94.33%	89.14%	91.08%	91.37%	93.31%	94.68%
Effective Tax Rate	9.44%	12.52%	-12.28%	7.50%	8.93%	5.10%	-14.72%	1.25%	10.18%	4.13%	15.79%
Return on Invested Capital (ROIC)	39.88%	40.46%	41.45%	30.55%	30.73%	38.49%	26.08%	32.25%	36.81%	51.01%	61.16%
ROIC Less NNEP Spread (ROIC-NNEP)	38.74%	44.28%	42.22%	32.38%	34.79%	38.27%	23.94%	32.29%	33.95%	48.86%	57.33%
Return on Net Nonoperating Assets (RNNOA)	1.77%	3.25%	4.72%	5.81%	7.57%	9.94%	7.18%	12.53%	12.48%	19.32%	22.96%
Return on Equity (ROE)	41.65%	43.72%	46.17%	36.36%	38.30%	48.43%	33.27%	44.78%	49.29%	70.33%	84.12%
Cash Return on Invested Capital (CROIC)	30.98%	35.40%	29.47%	36.15%	36.99%	30.03%	30.93%	21.71%	4.53%	10.40%	5.79%
Operating Return on Assets (OROA)	23.19%	24.60%	19.88%	19.13%	20.39%	22.46%	13.22%	18.34%	19.82%	24.85%	31.51%
Return on Assets (ROA)	19.96%	20.59%	20.91%	16.64%	17.77%	19.79%	12.36%	17.15%	16.29%	21.86%	24.69%
Return on Common Equity (ROCE)	41.65%	43.72%	46.17%	36.36%	38.30%	48.43%	33.27%	44.78%	49.29%	70.33%	84.12%
Return on Equity Simple (ROE_SIMPLE)	39.82%	39.27%	0.00%	35.31%	34.27%	33.67%	0.00%	41.68%	53.52%	62.58%	0.00%
Net Operating Profit after Tax (NOPAT)	2,826	3,110	2,899	2,054	2,131	2,779	1,618	1,800	1,877	2,363	3,087
NOPAT Margin	25.74%	26.65%	28.30%	21.87%	22.70%	27.97%	18.74%	21.30%	20.24%	24.97%	27.09%
Net Nonoperating Expense Percent (NNEP)	1.14%	-3.81%	-0.78%	-1.84%	-4.06%	0.22%	2.15%	-0.04%	2.85%	2.15%	3.83%
Return On Investment Capital (ROIC_SIMPLE)	6.67%	7.50%	-	-	-	7.21%	-	-	-	-	-
Cost of Revenue to Revenue	44.97%	44.23%	43.61%	44.44%	43.73%	43.40%	44.95%	44.87%	44.78%	42.73%	42.72%
SG&A Expenses to Revenue	6.43%	6.20%	7.43%	7.07%	7.53%	6.31%	7.28%	7.31%	6.62%	6.58%	5.99%
R&D to Revenue	20.18%	19.11%	22.47%	24.05%	23.82%	21.10%	24.74%	26.29%	23.83%	23.79%	19.11%
Operating Expenses to Revenue	26.61%	25.31%	31.19%	31.92%	31.35%	27.13%	38.71%	33.56%	32.69%	31.22%	25.11%
Earnings before Interest and Taxes (EBIT)	3,268	3,798	2,776	2,447	2,670	3,140	1,593	1,929	2,074	2,541	3,666
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,665	4,234	3,215	2,866	3,081	3,577	2,055	2,408	2,544	2,939	4,156
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.09	6.50	7.21	9.61	7.73	6.79	5.45	5.98	6.86	6.37	7.21
Price to Tangible Book Value (P/TBV)	10.83	11.85	13.32	18.82	15.27	14.30	12.35	14.60	18.27	18.60	23.09
Price to Revenue (P/Rev)	3.99	4.29	4.86	6.35	5.19	4.32	3.29	3.20	3.29	2.79	2.94
Price to Earnings (P/E)	15.30	16.55	18.69	27.22	22.54	20.17	16.28	14.34	12.81	10.19	10.04
Dividend Yield	0.00%	2.13%	1.94%	1.53%	1.89%	2.24%	2.94%	2.75%	2.48%	2.74%	2.47%
Earnings Yield	6.54%	6.04%	5.35%	3.67%	4.44%	4.96%	6.14%	6.97%	7.81%	9.82%	9.96%
Enterprise Value to Invested Capital (EV/IC)	5.95	6.44	6.91	9.11	7.31	6.05	4.76	4.78	5.21	4.89	5.37
Enterprise Value to Revenue (EV/Rev)	4.01	4.30	4.90	6.39	5.24	4.41	3.40	3.38	3.52	2.99	3.14
Enterprise Value to EBITDA (EV/EBITDA)	12.14	13.06	14.98	20.62	17.14	15.12	12.25	10.97	9.96	7.93	8.05
Enterprise Value to EBIT (EV/EBIT)	13.81	14.97	17.30	24.23	20.43	18.32	14.97	12.98	11.37	8.89	8.97
Enterprise Value to NOPAT (EV/NOPAT)	15.59	17.18	19.38	27.85	22.92	19.78	15.86	14.27	12.82	10.12	10.12
Enterprise Value to Operating Cash Flow (EV/OCF)	13.22	12.64	15.64	17.49	14.39	14.35	10.78	15.06	16.23	12.69	15.27
Enterprise Value to Free Cash Flow (EV/FCFF)	20.07	18.44	24.34	24.70	19.17	20.21	15.30	23.56	141.23	58.77	122.59
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.53	0.54	0.56	0.59	0.63	0.67	0.71	0.75	0.81	0.90	0.86
Long-Term Debt to Equity	0.48	0.49	0.51	0.53	0.59	0.63	0.67	0.70	0.79	0.82	0.75
Financial Leverage	0.05	0.07	0.11	0.18	0.22	0.26	0.30	0.39	0.37	0.40	0.40
Leverage Ratio	2.08	2.16	2.22	2.24	2.30	2.44	2.53	2.62	2.81	3.08	3.23
Compound Leverage Factor	1.98	2.06	2.08	2.09	2.15	2.30	2.25	2.38	2.56	2.87	3.06
Debt to Total Capital	34.53%	35.16%	35.77%	37.10%	38.71%	40.17%	41.64%	42.76%	44.80%	47.29%	46.22%
Short-Term Debt to Total Capital	3.22%	3.29%	3.33%	3.48%	2.29%	2.37%	2.47%	2.53%	1.40%	4.05%	5.81%
Long-Term Debt to Total Capital	31.31%	31.87%	32.44%	33.63%	36.42%	37.80%	39.17%	40.23%	43.40%	43.24%	40.42%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	65.47%	64.84%	64.23%	62.90%	61.29%	59.83%	58.36%	57.24%	55.20%	52.71%	53.78%
Debt to EBITDA	1.05	1.09	1.15	1.26	1.39	1.46	1.55	1.30	1.10	1.04	0.90
Net Debt to EBITDA	0.06	0.02	0.10	0.13	0.14	0.32	0.41	0.57	0.64	0.53	0.53
Long-Term Debt to EBITDA	0.95	0.99	1.04	1.14	1.31	1.38	1.46	1.22	1.07	0.95	0.78
Debt to NOPAT	1.34	1.43	1.49	1.70	1.86	1.91	2.01	1.69	1.42	1.33	1.13
Net Debt to NOPAT	0.07	0.03	0.14	0.18	0.19	0.42	0.53	0.75	0.83	0.68	0.66
Long-Term Debt to NOPAT	1.22	1.30	1.35	1.54	1.75	1.80	1.89	1.59	1.37	1.22	0.99
Altman Z-Score	5.67	5.63	5.78	6.88	5.77	5.06	4.07	4.40	4.65	4.11	4.39
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.73	2.62	2.40	2.39	2.65	2.56	2.33	2.42	2.42	2.09	1.75
Quick Ratio	1.84	1.79	1.64	1.64	1.85	1.70	1.51	1.47	1.32	1.21	1.01
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	396	2,415	888	3,146	3,760	2,608	1,901	-1,800	-8,365	-8,150	-9,512
Operating Cash Flow to CapEx	1,193.46%	1,655.96%	1,033.98%	792.73%	1,963.54%	1,378.04%	1,425.09%	868.30%	328.89%	1,078.40%	229.89%
Free Cash Flow to Firm to Interest Expense	2.43	14.82	4.96	18.73	21.86	14.65	10.99	-10.46	-46.73	-47.94	-66.05
Operating Cash Flow to Interest Expense	15.67	28.14	14.79	18.17	20.66	16.57	23.64	15.45	8.14	18.21	10.04
Operating Cash Flow Less CapEx to Interest Expense	14.36	26.44	13.36	15.88	19.61	15.37	21.98	13.67	5.66	16.52	5.67
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.78	0.76	0.73	0.73	0.72	0.71	0.72	0.80	0.89	0.93	0.98
Accounts Receivable Turnover	12.52	11.52	10.96	10.99	10.80	9.71	8.12	10.08	10.56	10.75	9.59
Inventory Turnover	3.05	2.85	2.66	2.60	2.49	2.45	2.49	2.80	3.13	3.41	3.89
Fixed Asset Turnover	9.26	8.69	8.03	7.50	7.28	7.17	7.02	7.53	8.07	8.65	9.09
Accounts Payable Turnover	7.82	7.58	7.59	7.61	8.60	6.85	5.56	6.13	6.94	6.04	5.69
Days Sales Outstanding (DSO)	29.14	31.67	33.31	33.22	33.81	37.58	44.97	36.20	34.55	33.95	38.08
Days Inventory Outstanding (DIO)	119.62	127.89	137.41	140.13	146.83	149.05	146.78	130.41	116.49	107.19	93.71
Days Payable Outstanding (DPO)	46.68	48.18	48.10	47.97	42.47	53.26	65.64	59.50	52.60	60.46	64.11
Cash Conversion Cycle (CCC)	102.09	111.38	122.63	125.38	138.17	133.37	126.10	107.12	98.43	80.68	67.68
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	28,505	27,152	27,608	26,192	26,075	26,457	25,597	27,284	27,704	26,286	25,880
Invested Capital Turnover	1.55	1.52	1.46	1.40	1.35	1.38	1.39	1.51	1.82	2.04	2.26
Increase / (Decrease) in Invested Capital	2,430	695	2,011	-1,092	-1,629	171	-283	3,600	10,242	10,513	12,599
Enterprise Value (EV)	169,685	174,966	190,859	238,705	190,663	160,042	121,789	130,356	144,376	128,550	138,938
Market Capitalization	168,908	174,694	189,525	237,183	189,057	156,616	117,715	123,543	135,067	119,911	129,838
Book Value per Share	$25.07	$24.19	$23.59	$22.11	$21.93	$20.72	$19.34	$18.55	$17.67	$16.78	$16.04
Tangible Book Value per Share	$14.10	$13.27	$12.77	$11.29	$11.09	$9.84	$8.54	$7.60	$6.63	$5.75	$5.01
Total Capital	42,351	41,457	40,908	39,224	39,926	38,538	36,979	36,114	35,683	35,687	33,495
Total Debt	14,623	14,577	14,634	14,554	15,457	15,480	15,398	15,444	15,985	16,877	15,482
Total Long-Term Debt	13,258	13,212	13,270	13,190	14,543	14,566	14,484	14,530	15,486	15,431	13,537
Net Debt	777	272	1,334	1,522	1,606	3,426	4,074	6,813	9,309	8,639	9,100
Capital Expenditures (CapEx)	214	277	256	385	181	214	287	306	443	287	629
Debt-free, Cash-free Net Working Capital (DFCFNWC)	4,055	3,171	2,791	1,917	2,152	3,130	2,426	4,296	5,030	4,225	4,421
Debt-free Net Working Capital (DFNWC)	17,901	17,476	16,091	14,949	16,003	15,184	13,750	12,927	11,706	12,463	10,803
Net Working Capital (NWC)	16,536	16,111	14,727	13,585	15,089	14,270	12,836	12,013	11,207	11,017	8,858
Net Nonoperating Expense (NNE)	14	-70	-21	-75	-195	12	128	-2.83	173	128	214
Net Nonoperating Obligations (NNO)	777	272	1,334	1,522	1,606	3,399	4,016	6,614	8,006	7,476	7,867
Total Depreciation and Amortization (D&A)	397	436	439	419	411	437	462	479	470	398	490
Debt-free, Cash-free Net Working Capital to Revenue	9.59%	7.79%	7.16%	5.13%	5.91%	8.62%	6.77%	11.13%	12.25%	9.84%	10.00%
Debt-free Net Working Capital to Revenue	42.33%	42.94%	41.30%	40.03%	43.96%	41.84%	38.39%	33.50%	28.50%	29.01%	24.44%
Net Working Capital to Revenue	39.11%	39.59%	37.80%	36.37%	41.45%	39.32%	35.83%	31.13%	27.29%	25.65%	20.04%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.55	$2.86	$2.62	$1.91	$2.08	$2.48	$1.33	$1.62	$1.53	$1.99	$2.57
Adjusted Weighted Average Basic Shares Outstanding	1.10B	1.11B	1.12B	1.12B	1.12B	1.12B	1.12B	1.12B	1.12B	1.12B	1.12B
Adjusted Diluted Earnings per Share	$2.52	$2.83	$2.57	$1.88	$2.06	$2.46	$1.32	$1.60	$1.52	$1.98	$2.53
Adjusted Weighted Average Diluted Shares Outstanding	1.12B	1.12B	1.13B	1.13B	1.13B	1.13B	1.13B	1.12B	1.12B	1.13B	1.14B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.10B	1.11B	1.11B	1.11B	1.12B	1.12B	1.11B	1.12B	1.11B	1.12B	1.12B
Normalized Net Operating Profit after Tax (NOPAT)	2,826	3,110	1,807	2,054	2,131	2,779	987	1,800	1,877	2,363	3,087
Normalized NOPAT Margin	25.74%	26.65%	17.64%	21.87%	22.70%	27.97%	11.44%	21.30%	20.24%	24.97%	27.09%
Pre Tax Income Margin	28.28%	31.15%	25.35%	24.26%	26.61%	29.81%	16.45%	20.79%	20.43%	25.06%	30.46%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	20.05	23.30	15.51	14.57	15.52	17.64	9.21	11.22	11.59	14.95	25.46
NOPAT to Interest Expense	17.33	19.08	16.20	12.23	12.39	15.61	9.35	10.47	10.49	13.90	21.44
EBIT Less CapEx to Interest Expense	18.74	21.60	14.08	12.27	14.47	16.44	7.55	9.44	9.11	13.26	21.09
NOPAT Less CapEx to Interest Expense	16.02	17.38	14.77	9.94	11.34	14.41	7.69	8.69	8.01	12.21	17.07
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	34.21%	35.38%	36.35%	41.69%	42.64%	45.27%	47.87%	39.58%	31.86%	27.94%	24.83%
Augmented Payout Ratio	89.49%	83.57%	76.99%	78.63%	70.25%	77.31%	88.98%	75.25%	61.96%	55.30%	49.02%

Frequently Asked Questions About QUALCOMM's Financials

When does QUALCOMM's financial year end?

According to the most recent income statement we have on file, QUALCOMM's fiscal year ends in September. Their fiscal year 2024 ended on September 29, 2024.

How has QUALCOMM's net income changed over the last 9 years?

QUALCOMM's net income appears to be on an upward trend, with a most recent value of $10.14 billion in 2024, rising from $5.27 billion in 2015. The previous period was $7.23 billion in 2023. Check out QUALCOMM's forecast to explore projected trends and price targets.

What is QUALCOMM's operating income?

QUALCOMM's total operating income in 2024 was $10.07 billion, based on the following breakdown:

Total Gross Profit: $21.90 billion
Total Operating Expenses: $11.83 billion

How has QUALCOMM revenue changed over the last 9 years?

Over the last 9 years, QUALCOMM's total revenue changed from $25.28 billion in 2015 to $38.96 billion in 2024, a change of 54.1%.

How much debt does QUALCOMM have?

QUALCOMM's total liabilities were at $28.88 billion at the end of 2024, a 2.0% decrease from 2023, and a 49.0% increase since 2015.

How much cash does QUALCOMM have?

In the past 9 years, QUALCOMM's cash and equivalents has ranged from $2.77 billion in 2022 to $35.03 billion in 2017, and is currently $7.85 billion as of their latest financial filing in 2024.

How has QUALCOMM's book value per share changed over the last 9 years?

Over the last 9 years, QUALCOMM's book value per share changed from 20.00 in 2015 to 23.59 in 2024, a change of 17.9%.

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This page (NASDAQ:QCOM) was last updated on 5/31/2025 by MarketBeat.com Staff

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QUALCOMM (QCOM) Financials

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QUALCOMM (QCOM) Financials

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