QCOM · News · 20261105N

Revenue Performance and Mix

QUALCOMM INC/DE · 2026-11-05 · Importance 31 · Surprise 32 · Contradicted

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 record $1.99 billion and IoT revenue increased 4% to $1.89 billion. QTL licensing revenue declined 7% to $1.30 billion. For fiscal 2026, non-GAAP revenue was $43.2 billion and QCT revenue was $37.2 billion; combined automotive and IoT revenue grew 24% year over year.

Key facts

• Fiscal 2026 non-GAAP revenue was $43.2 billion and QCT revenue was $37.2 billion; automotive and IoT combined grew 24% year over year. source
• Q4 fiscal 2026 QCT revenue was $9 billion, up 6% sequentially and at the high end of guidance. source
• Q4 QCT revenue declined 8.2% year over year to $9.02 billion. source
• Qualcomm Q4 revenue decreased to $10.32 billion from $11.27 billion a year earlier. source
• Q4 fiscal 2026 non-GAAP revenue was $10.4 billion, at the high end of guidance. source
• Q4 fiscal 2026 QCT non-handset revenue, including automotive and IoT, grew 36% year over year. source
• Q4 fiscal 2026 QCT IoT revenue was $1.9 billion, up 4% year over year; industrial, networking, and robotics grew 20% year over year. source
• Q4 IoT revenue rose 4% to $1.89 billion. source

Impact estimates