Business Description
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA,LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, and IoT, and investment for supporting the design and introduction of new products and services for voice and data communications, new industries, and applications. It also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was incorpotared in 1985 and is headquartered in San Diego, California.
Business History
Price Overview
Last updated: May 11, 2026 12:43pm (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 5.06
Total Equity: $21.21B
Shares: 1,105,000,000
Total Debt: $15.64B
Cash: $7.84B
EBITDA: $14.93B
Total Debt: $15.64B
Cash: $7.84B
Revenue: $44.28B
Revenue: $44.28B
Revenue: $44.28B
Total Equity: $21.21B
Tax Rate: 56.2%
Equity: $21.21B
Total Debt: $15.64B
Cash: $7.84B
Current Liabilities: $9.14B
Long-Term Debt: $15.54B
Total Debt: $15.64B
Total Equity: $21.21B
Shares: 1,105,000,000
Shares: 1,105,000,000
CapEx: -$1.19B
Shares: 1,105,000,000
Stock Price: $231.75
Net Income: $5.54B
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $33.6B | $44.2B | $35.8B | $39.0B | $44.3B |
| Cost of Revenue | $14.3B | $18.6B | $15.9B | $17.1B | $19.7B |
| Gross Profit | $19.3B | $25.6B | $20.0B | $21.9B | $24.5B |
| Operating Expenses | $9.5B | $9.7B | $12.2B | $11.8B | $12.2B |
| Operating Income | $9.8B | $15.9B | $7.8B | $10.1B | $12.4B |
| Net Income | $9.0B | $12.9B | $7.2B | $10.1B | $5.5B |
| EBITDA | $11.4B | $17.3B | $9.9B | $12.7B | $14.9B |
| EPS | $8.00 | $11.52 | $6.47 | $9.09 | $5.06 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $7.1B | $2.8B | $8.5B | $7.8B | $7.8B |
| Total Current Assets | $20.1B | $20.7B | $22.5B | $25.2B | $25.8B |
| Total Assets | $41.2B | $49.0B | $51.0B | $55.2B | $50.1B |
| Current Liabilities | $12.0B | $11.9B | $9.6B | $10.5B | $9.1B |
| Long-Term Debt | $13.7B | $13.5B | $14.5B | $13.3B | $15.5B |
| Total Liabilities | $31.3B | $31.0B | $29.5B | $28.9B | $28.9B |
| Total Equity | $10.0B | $18.0B | $21.6B | $26.3B | $21.2B |
| Retained Earnings | $9.8B | $17.8B | $20.7B | $25.7B | $20.6B |
Cash Flow (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $10.5B | $9.1B | $11.3B | $12.2B | $14.0B |
| Capital Expenditure | -$1.9B | -$2.3B | -$1.5B | -$1.0B | -$1.2B |
| Free Cash Flow | $8.6B | $6.8B | $9.8B | $11.2B | $12.8B |
| Acquisitions (net) | -$1.4B | -$4.9B | -$235.0M | -$254.0M | -$743.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$3.4B | -$3.1B | -$3.0B | -$4.1B | -$8.8B |
| Net Change in Cash | $409.0M | -$4.0B | $5.4B | -$678.0M | -$6.0M |
Analyst Estimates (Annual)
| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$42.7B $41.7B – $45.0B
|
$42.9B $40.5B – $47.1B
|
$46.6B $46.5B – $46.7B
|
$55.2B $52.9B – $59.4B
|
| EBITDA |
$14.3B $13.9B – $15.0B
|
$14.3B $13.5B – $15.7B
|
$15.6B $15.5B – $15.6B
|
$18.5B $17.7B – $19.8B
|
| Net Income |
$12.2B $11.5B – $13.0B
|
$12.2B $10.7B – $13.8B
|
$13.1B $10.5B – $15.6B
|
$16.6B $15.6B – $18.2B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +31.7% | -19.0% | +8.8% | +13.7% |
| Gross Profit Growth | +32.4% | -22.0% | +9.8% | +12.1% |
| Operating Income Growth | +62.0% | -50.9% | +29.3% | +22.7% |
| Net Income Growth | +43.0% | -44.1% | +40.2% | -45.4% |
| EBITDA Growth | +51.7% | -42.3% | +28.1% | +17.2% |
Insider Trading (Recent)
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-05 | AMON CRISTIANO R | S-Sale | 10,000.00 | $185.00 | $1.9M |
| 2026-05-04 | AMON CRISTIANO R | S-Sale | 10,000.00 | $180.00 | $1.8M |
| 2026-05-04 | ACE HEATHER S | S-Sale | 3,200.00 | $177.82 | $569,024 |
| 2026-04-30 | Grech Patricia Y | S-Sale | 192.00 | $172.00 | $33,024 |
| 2026-04-13 | Palkhiwala Akash J. | S-Sale | 1,971.00 | $130.12 | $256,468 |
| 2026-04-13 | Palkhiwala Akash J. | S-Sale | 529.00 | $131.17 | $69,386 |
| 2026-04-02 | Grech Patricia Y | S-Sale | 85.00 | $125.50 | $10,668 |
| 2026-03-31 | MCLAUGHLIN MARK D | A-Award | 538.00 | $0.00 | $0 |
| 2026-03-31 | TRICOIRE JEAN-PASCAL | A-Award | 262.00 | $0.00 | $0 |
| 2026-03-17 | ACEVEDO SYLVIA | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | FIELDS MARK | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | Henderson Jeffrey William | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | Kolter Jeremy Z | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | LIVERMORE ANN M | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | MCLAUGHLIN MARK D | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | Miller Jamie S | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | MYERS MARIE | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | ROSENFELD IRENE B | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-17 | TRICOIRE JEAN-PASCAL | A-Award | 2,563.00 | $0.00 | $0 |
| 2026-03-12 | Grech Patricia Y | S-Sale | 581.00 | $133.50 | $77,564 |
Dividend History (Last 20)
| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-04 | $0.92 | 2026-04-01 | 2026-06-04 | 2026-06-25 |
| 2026-03-05 | $0.89 | 2026-01-12 | 2026-03-05 | 2026-03-26 |
| 2025-12-04 | $0.89 | 2025-10-06 | 2025-12-04 | 2025-12-18 |
| 2025-09-04 | $0.89 | 2025-07-07 | 2025-09-04 | 2025-09-25 |
| 2025-06-05 | $0.89 | 2025-04-09 | 2025-06-05 | 2025-06-26 |
| 2025-03-06 | $0.85 | 2025-01-17 | 2025-03-06 | 2025-03-27 |
| 2024-12-05 | $0.85 | 2024-10-07 | 2024-12-05 | 2024-12-19 |
| 2024-09-05 | $0.85 | 2024-07-17 | 2024-09-05 | 2024-09-26 |
| 2024-05-30 | $0.85 | 2024-04-12 | 2024-05-30 | 2024-06-20 |
| 2024-02-28 | $0.80 | 2024-01-19 | 2024-02-29 | 2024-03-21 |
| 2023-11-29 | $0.80 | 2023-10-13 | 2023-11-30 | 2023-12-14 |
| 2023-08-30 | $0.80 | 2023-07-14 | 2023-08-31 | 2023-09-21 |
| 2023-05-31 | $0.80 | 2023-04-12 | 2023-06-01 | 2023-06-22 |
| 2023-03-01 | $0.75 | 2023-01-18 | 2023-03-02 | 2023-03-23 |
| 2022-11-30 | $0.75 | 2022-10-14 | 2022-12-01 | 2022-12-15 |
| 2022-08-31 | $0.75 | 2022-07-15 | 2022-09-01 | 2022-09-22 |
| 2022-06-01 | $0.75 | 2022-04-13 | 2022-06-02 | 2022-06-23 |
| 2022-03-02 | $0.75 | 2022-01-18 | 2022-03-03 | 2022-03-24 |
| 2021-12-01 | $0.68 | 2021-10-13 | 2021-12-02 | 2021-12-16 |
| 2021-09-01 | $0.68 | 2021-07-14 | 2021-09-02 | 2021-09-23 |