QCOM · Earnings call · 2026Q3T · Full report

Industrial IoT Demand Trends

QUALCOMM INC/DE · 2026-11-04 · Importance 47 · Surprise 48

Qualcomm said QCT IoT revenue grew 4% year over year, led by industrial, networking, and robotics products. Within those categories, industrial, networking, and robotics products grew 20% year over year, while memory constraints affected consumer products. Management also said non-handset QCT revenues, including automotive and IoT, grew 36% year over year, reflecting execution of its diversification initiatives.

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