QCOM · News · 20260816N
Revenue Performance and Mix
QUALCOMM INC/DE · 2026-08-16 · Importance 38 · Surprise 14 · In source text
Qualcomm reported quarterly revenue of $9.95 billion, exceeding analyst expectations. Revenue declined 4% year over year. Adjusted EPS was $2.21, slightly below consensus estimates.
Key facts
- Cannon Advisors Inc. reduced its stake in Qualcomm by 67.6% in the second quarter, selling 4,306 shares and retaining 2,068 shares valued at $368,000. source
- Lighthouse Financial Services Inc. ADV sold 16,764 Qualcomm shares, representing an 82.8% decrease, and now holds 3,475 shares valued at $632,000. source
- Prospera Financial Services Inc increased its Qualcomm stake by 31.4% in the second quarter, acquiring 11,326 shares and bringing total holdings to 47,368 shares valued at approximately $8.76 million. source
- Qualcomm reported quarterly revenue of $9.95 billion. source
- Canada Post Corp Registered Pension Plan reduced its stake in Qualcomm by 11.9% in the second quarter and now owns 36,309 shares valued at $6.71 million. source
- Matrix Asset Advisors Inc. NY reduced its stake in Qualcomm by 15.1% in the second quarter, selling 43,347 shares but still retaining 243,892 shares valued at approximately $45.1 million. source
- Qualcomm's quarterly revenue saw a 4% year-over-year decline. source
- Company insiders have sold approximately $1.99 million worth of Qualcomm shares. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Qualcomm reported quarterly revenue of $9.95 billion. |