QUALCOMM INCDE
For the period ended Mar 30, 2025. Filed Apr 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 30, 2025 · Filed Apr 30, 2025
QCOM$171.47+3.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
QUALCOMM Incorporated
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions, except per share data)
(Unaudited)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| March 30,2025 | March 24,2024 | March 30,2025 | March 24,2024 | |
| Revenues: | ||||
| Equipment and services | $9,359 | $7,950 | $19,301 | $16,266 |
| Licensing | 1,620 | 1,439 | 3,348 | 3,059 |
| Total revenues | 10,979 | 9,389 | 22,649 | 19,325 |
| Costs and expenses: | ||||
| Cost of revenues | 4,937 | 4,106 | 10,098 | 8,418 |
| Research and development | 2,216 | 2,236 | 4,446 | 4,332 |
| Selling, general and administrative | 706 | 707 | 1,430 | 1,335 |
| Other | — | — | — | (28) |
| Total costs and expenses | 7,859 | 7,049 | 15,974 | 14,057 |
| Operating income | 3,120 | 2,340 | 6,675 | 5,268 |
| Interest expense | (163) | (172) | (326) | (350) |
| Investment and other income, net | 148 | 330 | 391 | 542 |
| Income from continuing operations before income taxes | 3,105 | 2,498 | 6,740 | 5,460 |
| Income tax expense | (293) | (223) | (748) | (373) |
| Income from continuing operations | 2,812 | 2,275 | 5,992 | 5,087 |
| Discontinued operations, net of income taxes | — | 51 | — | 6 |
| Net income | $2,812 | $2,326 | $5,992 | $5,093 |
| Basic earnings per share: | ||||
| Continuing operations | $2.55 | $2.03 | $5.41 | $4.55 |
| Discontinued operations | — | 0.05 | — | 0.01 |
| Net income | $2.55 | $2.08 | $5.41 | $4.56 |
| Diluted earnings per share: | ||||
| Continuing operations | $2.52 | $2.02 | $5.36 | $4.50 |
| Discontinued operations | — | 0.04 | — | 0.01 |
| Net income | $2.52 | $2.06 | $5.36 | $4.51 |
| Shares used in per share calculations: | ||||
| Basic | 1,104 | 1,117 | 1,107 | 1,116 |
| Diluted | 1,115 | 1,130 | 1,118 | 1,129 |
See accompanying notes.
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