QUALCOMM INC/DE
For the period ended Dec 28, 2025. Filed Feb 4, 2026.
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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.
Dec 28, 2025 · Filed Feb 4, 2026
QCOM$171.47+3.7%Stored close · as of Nov 9, 2026
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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 | ||
|---|---|---|
| December 28,2025 | December 29,2024 | |
| Revenues: | ||
| Equipment and services | $10,466 | $9,942 |
| Licensing | 1,786 | 1,727 |
| Total revenues | 12,252 | 11,669 |
| Costs and expenses: | ||
| Cost of revenues | 5,568 | 5,161 |
| Research and development | 2,453 | 2,230 |
| Selling, general and administrative | 865 | 723 |
| Total costs and expenses | 8,886 | 8,114 |
| Operating income | 3,366 | 3,555 |
| Interest expense | (169) | (163) |
| Investment and other income, net | 350 | 243 |
| Income before income taxes | 3,547 | 3,635 |
| Income tax expense | (543) | (455) |
| Net income | $3,004 | $3,180 |
| Basic earnings per share | $2.81 | $2.86 |
| Diluted earnings per share | $2.78 | $2.83 |
| Shares used in per share calculations: | ||
| Basic | 1,070 | 1,110 |
| Diluted | 1,079 | 1,122 |
See accompanying notes.
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