QUALCOMM INC/DE

For the period ended Mar 29, 2026. Filed Apr 29, 2026.

About this filing

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 29, 2026 · Filed Apr 29, 2026

QCOM$171.47+3.7%Stored close · as of Nov 9, 2026

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Contents

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 29,2026	March 30,2025	March 29,2026	March 30,2025
Revenues:
Equipment and services	$9,060	$9,359	$19,526	$19,301
Licensing	1,539	1,620	3,325	3,348
Total revenues	10,599	10,979	22,851	22,649
Costs and expenses:
Cost of revenues	4,900	4,937	10,468	10,098
Research and development	2,463	2,216	4,915	4,446
Selling, general and administrative	898	706	1,763	1,430
Other	29	—	29	—
Total costs and expenses	8,290	7,859	17,175	15,974
Operating income	2,309	3,120	5,676	6,675
Interest expense	(171)	(163)	(341)	(326)
Investment and other income, net	94	148	444	391
Income before income taxes	2,232	3,105	5,779	6,740
Income tax benefit (expense)	5,138	(293)	4,596	(748)
Net income	$7,370	$2,812	$10,375	$5,992
Basic earnings per share	$6.92	$2.55	$9.71	$5.41
Diluted earnings per share	$6.88	$2.52	$9.65	$5.36
Shares used in per share calculations:
Basic	1,066	1,104	1,068	1,107
Diluted	1,072	1,115	1,075	1,118

See accompanying notes.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.