QCOM · News · 20261106N

Revenue Performance and Mix

QUALCOMM INC/DE · 2026-11-06 · Importance 24 · Surprise 14 · From source text

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 handset revenue plunged 26% to $5.14 billion from $6.96 billion. The handset decline was attributed to sluggish smartphone demand, elevated memory prices, and reduced Apple modem shipments; China Android revenue recovered sequentially in the September quarter after the June quarter marked a bottom.

Key facts

• QUALCOMM Q4 fiscal 2026 non-GAAP revenues declined 7% to $10.44 billion from $11.27 billion in the year-ago quarter, near the upper end of management's guidance range. source
• QUALCOMM CDMA Technologies (QCT) revenue declined 8% year over year to $9.02 billion. source
• QUALCOMM Q4 2026 quarterly revenue was roughly US$10.3 billion. source
• QUALCOMM Q4 fiscal 2026 non-GAAP earnings were $2.17 per share, down 28% year over year from $3. source
• QUALCOMM Q4 2026 basic earnings per share was about US$1.18. source
• QUALCOMM's share price dropped about 9% to around US$156 in the first full session after its Q4 2026 earnings report. source

Impact estimates