QCOM · News · 20261105N
Guidance / Outlook
QUALCOMM INC/DE · 2026-11-05 · Importance 100 · Surprise 100 · In source text
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 exceed $650 million in the December quarter and reach $5 billion in fiscal 2027. Qualcomm expects the data center business to exit fiscal 2027 at a $7 billion annualized revenue rate.
Key facts
- Qualcomm forecast fiscal first-quarter revenue of $10.4 billion to $11.2 billion, above Wall Street expectations. source
- Qualcomm expects fiscal 2027 non-handset revenue to grow more than 60% year over year. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | — | Qualcomm forecast fiscal first-quarter revenue of $10.4 billion to $11.2 billion, above Wall Street expectations. |
| revenue | positive | committed | — | Qualcomm expects fiscal 2027 non-handset revenue to grow more than 60% year over year. |