QCOM · Earnings call · 2026Q3T · Full report

Revenue Performance and Mix

QUALCOMM INC/DE · 2026-11-04 · Importance 69 · Surprise 64 · No source text

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 $37.2 billion; combined Automotive and IoT revenue grew 24% year over year. QCT Automotive delivered a record $2.0 billion quarter, up 89% year over year, while QCT IoT revenue was $1.9 billion, up 4%; industrial, networking, and robotics products within IoT grew 20%. QCT handset revenue was $5.1 billion, and total QCT non-handset revenue grew 36% year over year.

Key facts

• QUALCOMM INC/DE QCT revenue was $9 billion in fiscal Q4 2026, up 6% sequentially and at the high end of guidance.
• QUALCOMM INC/DE reported fiscal Q4 2026 non-GAAP revenue of $10.4 billion and non-GAAP EPS of $2.17.
• QUALCOMM INC/DE reported fiscal 2026 non-GAAP revenue of $43.2 billion and QCT revenue of $37.2 billion.
• QUALCOMM INC/DE QCT handset revenue was $5.1 billion in fiscal Q4 2026, reflecting industry-wide memory dynamics affecting the global smartphone market.
• QUALCOMM INC/DE QCT IoT revenue was $1.9 billion in fiscal Q4 2026, up 4% year over year.
• QUALCOMM INC/DE combined automotive and IoT revenue grew 24% year over year in fiscal 2026.
• QUALCOMM INC/DE QTL revenue was $1.3 billion in fiscal Q4 2026.
• QUALCOMM INC/DE QCT non-handset revenue, including automotive and IoT, grew 36% year over year in fiscal Q4 2026.

Impact estimates