QUALCOMM INC/DE
For the period ended Jun 29, 2025. Filed Jul 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.
Jun 29, 2025 · Filed Jul 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 | Nine Months Ended | |||
|---|---|---|---|---|
| June 29,2025 | June 23,2024 | June 29,2025 | June 23,2024 | |
| Revenues: | ||||
| Equipment and services | $8,893 | $7,993 | $28,193 | $24,259 |
| Licensing | 1,472 | 1,400 | 4,820 | 4,459 |
| Total revenues | 10,365 | 9,393 | 33,013 | 28,718 |
| Costs and expenses: | ||||
| Cost of revenues | 4,606 | 4,174 | 14,704 | 12,593 |
| Research and development | 2,226 | 2,259 | 6,672 | 6,591 |
| Selling, general and administrative | 771 | 664 | 2,200 | 1,998 |
| Other | — | 75 | — | 47 |
| Total costs and expenses | 7,603 | 7,172 | 23,576 | 21,229 |
| Operating income | 2,762 | 2,221 | 9,437 | 7,489 |
| Interest expense | (168) | (168) | (493) | (517) |
| Investment and other income, net | 358 | 226 | 748 | 768 |
| Income from continuing operations before income taxes | 2,952 | 2,279 | 9,692 | 7,740 |
| Income tax expense | (286) | (171) | (1,034) | (545) |
| Income from continuing operations | 2,666 | 2,108 | 8,658 | 7,195 |
| Discontinued operations, net of income taxes | — | 21 | — | 27 |
| Net income | $2,666 | $2,129 | $8,658 | $7,222 |
| Basic earnings per share: | ||||
| Continuing operations | $2.44 | $1.89 | $7.85 | $6.45 |
| Discontinued operations | — | 0.02 | — | 0.02 |
| Net income | $2.44 | $1.91 | $7.85 | $6.47 |
| Diluted earnings per share: | ||||
| Continuing operations | $2.43 | $1.86 | $7.79 | $6.37 |
| Discontinued operations | — | 0.02 | — | 0.02 |
| Net income | $2.43 | $1.88 | $7.79 | $6.39 |
| Shares used in per share calculations: | ||||
| Basic | 1,092 | 1,116 | 1,102 | 1,116 |
| Diluted | 1,099 | 1,134 | 1,112 | 1,130 |
See accompanying notes.
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