QCOM · Technology

QUALCOMM INC/DE

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window

News · 2026-11-08

• Guidance / OutlookImportance 62 · Surprise 68
  Management guided Q1 fiscal 2027 revenue to US$10.4 billion–US$11.2 billion. The reported Q4 fiscal 2026 revenue was US$10.3 billion, providing a comparison point for the guidance range. The report did not specify…
• Strategic InitiativesImportance 38 · Surprise 42
  The report describes Qualcomm as increasing its emphasis on AI data-center, automotive, and infrastructure opportunities. It cites the Dragonfly portfolio, an expanded automotive chip footprint, and long-term…
• Revenue Performance and MixImportance 14 · Surprise 6
  Qualcomm reported Q4 fiscal 2026 revenue of US$10.3 billion, while handset chip sales were under pressure. Full-year fiscal 2026 revenue was US$43.1 billion and net income reached US$13.6 billion. The report did not…

News · 2026-11-06

• Data Center Revenue OutlookImportance 52 · Surprise 42
  A third-party report said Qualcomm is expanding into AI data-center chips and projects data-center chip revenue of $15 billion by 2029. The article characterized Alphabet’s $548 million Qualcomm stake as supporting the…
• Handset Market Demand TrendsImportance 47 · Surprise 48
  Qualcomm CDMA Technologies (QCT) revenue declined 8% year over year to $9.02 billion, while handset revenue fell 26% to $5.14 billion. The report attributes handset weakness to sluggish smartphone demand, elevated…
• 5G Infrastructure PartnershipImportance 34 · Surprise 42
  Qualcomm and SpaceX agreed to a multiyear partnership to support Starlink Mobile’s nationwide 5G network in the United States. The project will use Qualcomm 5G infrastructure technology and expands Qualcomm’s reach…
• Guidance / OutlookImportance 29 · Surprise 24
  Management said the June quarter marked the bottom for its China Android business, with revenue recovering sequentially in the September quarter. It expects global handset shipments to be flat to slightly lower in…
• Revenue Performance and MixImportance 24 · Surprise 14
  In Q4 fiscal 2026, Qualcomm non-GAAP revenue declined 7% year over year to $10.44 billion, near the upper end of management’s guidance range. Qualcomm CDMA Technologies (QCT) revenue fell 8% to $9.02 billion, while…
• Supply Chain ConstraintsImportance 18 · Surprise 24
  CEO Cristiano Amon described an extreme semiconductor-industry shortage, saying wafers, substrates and assembly capacity were all constrained by very high demand. He also noted that energy-project lead times can exceed…
• Automotive Connectivity PartnershipImportance null · Surprise null
  Qualcomm and SpaceX agreed to a multiyear partnership to support Starlink Mobile’s nationwide 5G network in the United States. The project will use Qualcomm 5G infrastructure technology at national scale and would…

News · 2026-11-05

• Guidance / OutlookImportance 100 · Surprise 100
  Qualcomm forecast fiscal first-quarter revenue of $10.4 billion to $11.2 billion. Management said non-handset revenue is expected to grow more than 60% year over year in fiscal 2027. Data center revenue is expected to…
• AI Data Center ProductsImportance 75 · Surprise 60
  Qualcomm’s chief executive said data-center revenue should reach $5 billion in fiscal 2027, beginning with more than $650 million in the December quarter. The business is expected to exit fiscal 2027 at a $7 billion…
• Handset Market Demand TrendsImportance 45 · Surprise 48
  Qualcomm’s QCT handset revenue fell 26.2% year over year to $5.14 billion in fiscal fourth-quarter 2026. Reports attributed the decline to industrywide memory constraints and higher memory prices, as well as reduced…
• Automotive Market GrowthImportance 37 · Surprise 64
  Qualcomm’s automotive revenue surged 89% year over year to $1.99 billion in fiscal fourth-quarter 2026, nearing $2 billion for the first time in a quarter. The growth contrasted with weakness in handset chips and was…
• Gross Margin DriversImportance 36 · Surprise 40
  QCT's earnings-before-tax margin narrowed to 24% from 29% year over year. QCT revenue fell 8% to $9.0 billion as handset revenue dropped 26% to $5.14 billion. The report attributed handset weakness to higher memory…
• Automotive Connectivity PartnershipImportance 34 · Surprise 42
  SpaceX partnered with Qualcomm to develop Starlink Mobile’s U.S. nationwide terrestrial 5G network, positioning the effort to challenge established carriers AT&T, Verizon and T-Mobile. The planned deployment is…
• 6G Platform PartnershipImportance 34 · Surprise 42
  SpaceX partnered with Qualcomm to develop Starlink Mobile’s U.S. nationwide terrestrial 5G network. Deployment is expected to begin in 2027 using Qualcomm’s Dragonwing QRU100 and QDU100 5G platforms. The reported…
• Revenue Performance and MixImportance 31 · Surprise 32
  Fiscal fourth-quarter non-GAAP revenue was $10.442 billion, down 7% year over year, while QCT revenue fell 8% to $9.0 billion. QCT handset revenue declined 26% to $5.14 billion, while automotive revenue rose 89% to a…
• Net Income and EPS PerformanceImportance 30 · Surprise 30
  Fiscal fourth-quarter non-GAAP earnings were $2.17 per share, down 28% year over year from $3.00. The $2.17 result narrowly exceeded the cited analyst estimate of $2.16. Qualcomm's GAAP EPS was $1.17 for the quarter.
• Agentic AI Product EcosystemImportance 23 · Surprise 24
  Qualcomm’s CFO and COO described a potential third personal-device category beyond PCs and phones, with form factors including glasses, watches, pendants and earbuds. The proposed common use case is having an on-device…
• Supply Chain and Pricing PressureImportance 20 · Surprise 24
  Third-party reporting cited industrywide memory constraints and rising memory costs as pressures on Qualcomm’s handset chip business. Higher component costs were also described as weighing on the company’s smartphone…

Earnings call · 2026-11-04

• Guidance / OutlookImportance 93 · Surprise 82
  For fiscal 2027, Qualcomm expects non-handset QCT revenues across automotive, IoT, and data center to grow by more than 60% year over year and to represent more than 50% of QCT revenue for the year. Management…
• Strategic InitiativesImportance 89 · Surprise 82
  Qualcomm said it is diversifying beyond handsets by building a broader semiconductor business spanning automotive, IoT, data center, and infrastructure, supported by hardware and software acquisitions and strategic…
• Automotive Market ExpansionImportance 81 · Surprise 64
  Qualcomm said automotive revenue reached an approximately $8 billion annualized run rate exiting fiscal 2026, ahead of its prior expectation, and fourth-quarter automotive revenue grew nearly 90% year over year.…
• Data Center Revenue OutlookImportance 75 · Surprise 60
  Qualcomm expects fiscal 2027 data center revenue of $5 billion, with revenue above $650 million in the first fiscal quarter and an approximately $7 billion exit run rate. Management said two hyperscaler customers will…
• Revenue Performance and MixImportance 69 · Surprise 64
  Fiscal Q4 2026 non-GAAP revenue was $10.4 billion, while QCT revenue was $9.0 billion, up 6% sequentially, and QTL revenue was $1.3 billion. For fiscal 2026, non-GAAP revenue totaled $43.2 billion and QCT revenue was…
• Competition and Market ShareImportance 54 · Surprise 40
  Qualcomm said its Samsung business baseline had shifted from 50% historically to above 70%, and management characterized that higher level as the planning baseline for future Galaxy generations. It also said Qualcomm…
• Automotive Connectivity PartnershipImportance 53 · Surprise 60
  Qualcomm said SpaceX selected it to power Starlink Mobile’s nationwide terrestrial 5G network in the United States under a multiyear agreement, with deployment beginning in 2027. Its Dragonwing infrastructure platforms…
• Gross Margin DriversImportance 52 · Surprise 42
  Qualcomm is implementing product price increases to reflect higher semiconductor input costs, with benefits beginning in fiscal Q2 2027 and the full benefit expected in the second half of fiscal 2027. Management said…
• Handset Market Demand TrendsImportance 48 · Surprise 40
  Management identified June 2026 as the low point for its China Android business and said revenue grew in the September and December quarters. It described the global handset market as down low- to mid-teens from 2025…
• Operating Expense TrendsImportance 47 · Surprise 6
  Qualcomm forecast non-GAAP operating expenses of approximately $2.8 billion for fiscal Q1 2027. Management said its operating expense approach remains consistent with the prior year and is focused on adding skills…
• Industrial IoT Demand TrendsImportance 47 · Surprise 48
  Qualcomm said QCT IoT revenue grew 4% year over year, led by industrial, networking, and robotics products. Within those categories, industrial, networking, and robotics products grew 20% year over year, while memory…
• Automotive Partnership ExpansionImportance 47 · Surprise 60
  Qualcomm said it reached an agreement with SpaceX to provide technology for Starlink Mobile’s nationwide terrestrial 5G network in the United States. The multiyear deployment is expected to begin in 2027, with revenue…
• QTL Licensing Agreement RenewalsImportance 46 · Surprise 42
  Qualcomm completed long-term QTL license agreements with Apple, Huawei, and Transsion during fiscal 2026. Management said the QTL revenue run rate and long-term revenue forecast remain unchanged following the renewals.…
• Customer DynamicsImportance 46 · Surprise 42
  Qualcomm said it completed long-term QTL license renewals with Apple, Huawei, and Transsion, while its business planning incorporates Apple’s transition away from Qualcomm modems. Management characterized the…
• Data Center Demand TrendsImportance 46 · Surprise 42
  Qualcomm described data center as a strategic priority and said its business is being built around long-term customer relationships, a broad product portfolio, and an open software ecosystem. It said AWS custom…
• Segment ProfitabilityImportance 44 · Surprise 24
  QTL reported fiscal Q4 revenue of $1.3 billion and an EBITDA margin of 70%, both in line with expectations. QCT revenue was $9.0 billion and its EBT margin was 24%, also in line with expectations. For fiscal Q1 2027,…
• Pricing and Input CostsImportance 44 · Surprise 24
  Management said higher semiconductor input costs across the industry led Qualcomm to implement price increases across its products. The increases begin benefiting the business in fiscal Q2 2027, with their full benefit…
• Patent Infringement LawsuitImportance 41 · Surprise 60
  Qualcomm reported that a jury found ARM breached its longstanding architecture license agreement with Qualcomm, failed to honor commitments, intentionally disrupted Qualcomm’s business, and engaged in unfair…
• Automotive and Robotics ProductsImportance 34 · Surprise 42
  Qualcomm said its premium-tier IQ10 robotics platform was set to begin its commercial ramp and was generating strong customer momentum. Ecosystem partners demonstrated AI models of up to 80 billion parameters running…
• Agentic AI Product EcosystemImportance 23 · Surprise 24
  Management said consumer adoption of AI agents was increasing and cited Meta Muse reaching more than 10 million downloads in 40 days. Qualcomm identified agentic smartphones, smart glasses, and other personal AI form…
• Capital Return ProgramImportance 21 · Surprise 6
  Qualcomm returned $2 billion to stockholders in fiscal Q4 2026. The return comprised $1 billion of share repurchases and $1 billion of dividends. Management reported the amounts as part of the quarter’s financial…

10-K · 2026-11-04

• Capital Expenditures and Cash FlowImportance 83 · Surprise 82
  Cash outflows for capital expenditures were $2.5 billion in fiscal 2026, compared with $1.2 billion in fiscal 2025, an increase of more than 100%. The spending primarily supported engineering infrastructure and…
• Income Tax Rate ChangesImportance 65 · Surprise 60
  Qualcomm recorded a $5.7 billion income tax benefit in the second quarter of fiscal 2026 after releasing its federal deferred tax asset valuation allowance. The release followed Treasury and IRS Notice 2026-07, which…
• U.S. Tax Law ChangesImportance 65 · Surprise 60
  The One Big Beautiful Bill Act (OBBB), enacted in the United States in the fourth quarter of fiscal 2025, changed the foreign-derived deduction eligible income (FDDEI) regime and allowed domestic research and…
• Automotive Revenue ExpansionImportance 63 · Surprise 64
  QCT automotive revenue increased $2.047 billion to $6.004 billion in fiscal 2026. The increase reflected $1.3 billion in higher revenue per unit, driven by favorable mix and higher average selling prices, and $712…
• Capital Return ProgramImportance 60 · Surprise 40
  Qualcomm repurchased $7.817 billion of common stock in fiscal 2026 at an average price of $161.96 per share, compared with $8.791 billion in fiscal 2025. It paid $3.854 billion in dividends in fiscal 2026, or $3.62 per…
• Handset Market Demand TrendsImportance 60 · Surprise 40
  QCT handset revenue fell $3.721 billion year over year to $24.072 billion, primarily because chipset shipments to certain major OEMs declined. Customers adjusted build plans to reduce inventory amid memory supply…
• Acquisition / Partnership / DivestitureImportance 59 · Surprise 60
  Qualcomm acquired Alphawave IP Group plc in the first quarter of fiscal 2026, with approximately $2.3 billion of cash restricted to pay the acquisition consideration. The acquisition contributed to a $235 million…
• Balance Sheet and LiquidityImportance 58 · Surprise 56
  Cash, cash equivalents and marketable securities, including restricted cash, totaled $7.681 billion at September 27, 2026, down $4.797 billion from $12.478 billion a year earlier. Debt was $15.112 billion, including…
• Competition and Market ShareImportance 58 · Surprise 42
  Qualcomm expects continued intense competition, including from vertical integration by major customers Apple and Samsung. Apple already uses its internally developed modem in certain smartphones, and Qualcomm expects…
• Apple Customer ExposureImportance 44 · Surprise 24
  Qualcomm expects continued intense competition, including vertical integration by Apple and Samsung. Apple already uses its internally developed modem in certain smartphones, and Qualcomm expects Apple to primarily use…
• Operating Expense TrendsImportance 42 · Surprise 40
  Research and development expense rose $1.165 billion, or about 13%, to $10.207 billion in fiscal 2026 from $9.042 billion in fiscal 2025. The increase included $701 million of higher costs for connectivity and…
• Data Center Revenue OutlookImportance 40 · Surprise 42
  Qualcomm reported $235 million in higher Data Center equipment and services revenue, primarily driven by its acquisition of Alphawave in the first quarter of fiscal 2026. It expects Data Center revenue growth beginning…
• Supply Chain ConstraintsImportance 38 · Surprise 24
  Qualcomm described broad semiconductor input-cost increases and capacity constraints across wafer fabrication, assembly, test, advanced packaging, memory and other materials, partly associated with demand for…
• Revenue Performance and MixImportance 31 · Surprise 32
  Fiscal 2026 revenue was $43.120 billion, down 3% ($1.164 billion) from $44.284 billion in fiscal 2025; equipment and services revenue fell $974 million to $36.895 billion, while licensing revenue declined $190 million…
• Gross Margin DriversImportance 25 · Surprise 32
  Gross margin percentage decreased in fiscal 2026 primarily because QCT gross margin percentage declined. QCT’s lower gross margin was primarily driven by higher product cost, partially offset by higher average selling…
• Trade Policy and TariffsImportance 17 · Surprise 24
  Qualcomm is monitoring global trade policy, including tariffs and related trade actions announced by the U.S., China and other countries. The filing provides no quantified tariff impact, but says policy changes may…

8-K · 2026-11-04

• Gross Margin DriversImportance 31 · Surprise 32
  Fiscal 2026 cost of revenues increased 2% to $20.222 billion while GAAP revenue declined 3% to $43.120 billion. Q4 cost of revenues was $5.084 billion, up from $5.033 billion, as revenue declined 8% to $10.322 billion.…
• Restructuring ChargesImportance 28 · Surprise 42
  Fiscal 2026 results included $343 million of restructuring and restructuring-related charges excluded from non-GAAP results. Q4 restructuring and restructuring-related charges were $235 million. The release did not…