QUALCOMM Incorporated (QCOM) Financials
PeriodQ3 FY2026
Published
QUALCOMM Incorporated reported $9.95 billion in revenue for Q3 FY2026, the quarter ended June 28, 2026, down 4.0% from a year earlier, and net income of $2.00 billion, down 24.9%, or $1.87 per diluted share. The shortfall came from the chipset business, where handset revenue was $5.09 billion, down 19.6%, after major smartphone customers trimmed build plans to work down inventory in response to memory supply constraints, while automotive and IoT revenue grew and licensing revenue held flat at $1.47 billion. Operating income fell more steeply than net income, to $1.63 billion, down 41.1%, on a lower gross margin and higher research and development and selling costs, with net gains on initial public offerings of strategic equity investments cushioning earnings below the operating line.
| Metric | Amount | vs. year ago |
|---|---|---|
| Revenue | $9,947,000,000 | down 4.0% |
| Net income | $2,002,000,000 | down 24.9% |
| Diluted EPS | $1.87 | down 23.0% |
| Operating income | $1,626,000,000 | down 41.1% |
| Licensing revenue | $1,472,000,000 | flat |
| Handset chipset revenue | $5,086,000,000 | down 19.6% |
Company details
| Name | Qualcomm Inc/De |
|---|---|
| Ticker | QCOM |
| CIK | 0000804328 |
| Exchange | Nasdaq |
| State | California |
| Incorporation | Delaware |
| SIC | 3663 |
| Office | Manufacturing |
| Industry | Radio & Tv Broadcasting & Communications Equipment |
| Latest period covered | Q3 FY2026, ended 2026-06-28, 10-Q, accession 0000804328-26-000086 |
| Fiscal year end | 09/27 (MM/DD) |
| Next expected filing | 10-K around 2026-11-04 (predicted) |
Data files
- Financial statementsPage Annual financial statements plus the latest quarter: income statement, balance sheet, cash flow. Actual dollars, actual shares. Sourcing notes and uncertainties included.
- 10-K and 10-Q summaryPage Qualitative synthesis of the latest 10-K + 10-Q: business, risk factors (quarter-over-quarter changes flagged), MD&A, legal proceedings, subsequent events.
- 8-K filings and eventsPage Digest of material 8-K filings: earnings headlines, management changes, capital-return and financing actions, governance. SEC accession numbers cited throughout.
FAQ · QUALCOMM Q3 FY2026
How much revenue did Qualcomm report in Q3 FY2026?
Qualcomm reported $9.95 billion in revenue for Q3 FY2026, the quarter ended June 28, 2026. That is down 4.0% from $10.37 billion in the same quarter a year earlier.
How much did Qualcomm earn in Q3 FY2026?
Qualcomm earned net income of $2.00 billion in Q3 FY2026, down 24.9% from $2.67 billion a year earlier, or $1.87 per diluted share against $2.43. Operating income was $1.63 billion, down 41.1%, so profit fell more steeply at the operating level than at the bottom line, where net gains on initial public offerings of strategic equity investments provided a cushion.
Why did Qualcomm's revenue fall in Q3 FY2026?
Qualcomm's handset chipset revenue was $5.09 billion in Q3 FY2026, down 19.6% from $6.33 billion a year earlier, after major smartphone customers reduced build plans to work down inventory in response to memory supply constraints and related price increases. Automotive and IoT chipset revenue both grew over the same period, and licensing revenue was flat at $1.47 billion.
Did the deferred tax valuation allowance affect Qualcomm's Q3 FY2026 results?
Qualcomm established the valuation allowance against its federal deferred tax assets in the fourth quarter of fiscal 2025 and released it in the second quarter of fiscal 2026, so neither Q3 FY2026 nor the year-ago quarter it is compared against carries that charge or that benefit. Qualcomm's net income of $2.00 billion for Q3 FY2026, down 24.9%, is therefore a comparison between two quarters that both exclude it. That does not make the comparison tax-neutral: Qualcomm's effective tax rate was higher in Q3 FY2026 than in the year-ago quarter, for reasons unrelated to the valuation allowance, and that higher rate is why net income fell by a larger percentage than income before income taxes did.
Where can I get QUALCOMM Incorporated (QCOM) financial data in machine-readable form?
Ticker Scout publishes QUALCOMM Incorporated's financial statements as JSON at https://tickerscout.ai/qcom/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/qcom/narrative.md and https://tickerscout.ai/qcom/events.md. QUALCOMM Incorporated's SEC CIK is 0000804328. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does QUALCOMM Incorporated (QCOM) next file with the SEC?
QUALCOMM Incorporated (QCOM) is expected to file its next Form 10-K with the SEC on or around November 4, 2026. That date is a projection rather than a company-announced date: it is derived from QUALCOMM Incorporated's own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q3 FY2026, the period ended 2026-06-28, SEC accession 0000804328-26-000086.
How this page was built
This page was built from QUALCOMM Incorporated's own filings with the SEC, read one at a time, and nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names six such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Data extracted from SEC filings (accession numbers cited in each file). The undated URLs hold the latest period and are replaced in place each quarter; every period also stays published at its own dated URL, which never changes. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.