Qualcomm (QCOM): financials, SEC filings and peers
Qualcomm (QCOM) is a semiconductors company in the Information Technology sector of the S&P 500, headquartered in San Diego, California.
It was founded in 1985 and joined the S&P 500 on July 22, 1999.
Its fiscal year ends in September, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Radio & Tv Broadcasting & Communications Equipment”.
Qualcomm at a glance
- Revenue (12 months)
- $43.1B
- Revenue growth
- -2.6%
- Operating margin
- 20.1%
- Net income (12 months)
- $13.6B
- Free cash flow (12 months)
- $8.7B
- Cash
- $4.6B
- Debt
- $13.1B
- Diluted EPS (12 months)
- $12.70
Twelve months to September 27, 2026, from the 10-K filed November 4, 2026.
Latest twelve months
Over the twelve months to September 27, 2026, Qualcomm reported revenue of $43.1 billion, down 2.6% from $44.3 billion a year earlier.
Its operating margin was 20.1%, down 7.8 percentage points from a year earlier: for every $100 of sales, about $20 was left as operating profit.
Net income was $13.6 billion (31.6% of revenue), 145.9% higher than a year earlier.
Operating cash flow was $11.1 billion and capital spending $2.5 billion, leaving free cash flow of $8.7 billion (20.1% of revenue).
At the end of the period it held $4.6 billion in cash and $13.1 billion in debt, a net debt position of $8.5 billion.
Five-year trend
- Revenue went from $33.6 billion in fiscal 2021 to $43.1 billion in fiscal 2026, about 5.1% a year.
- Operating margin narrowed from 29.2% to 20.1% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $44.2B | $35.8B | $39.0B | $44.3B | $43.1B |
| Revenue growth | 31.7% | -19.0% | 8.8% | 13.7% | -2.6% |
| Operating margin | 35.9% | 21.7% | 25.8% | 27.9% | 20.1% |
| Net income | $12.9B | $7.2B | $10.1B | $5.5B | $13.6B |
| Free cash flow | $6.8B | $9.8B | $11.2B | $12.8B | $8.7B |
| Diluted EPS | $11.37 | $6.42 | $8.97 | $5.01 | $12.70 |
Fiscal years as reported in Qualcomm’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-K filed November 4, 2026 — annual report
- 8-K filed November 4, 2026 — Earnings results
- 8-K filed September 8, 2026 — Unregistered share sale
- 8-K filed July 31, 2026 — Other event
- 10-Q filed July 29, 2026 — quarterly report
- 8-K filed July 29, 2026 — Earnings results
- 8-K filed June 24, 2026 — Unregistered share sale
Companies like Qualcomm
Other S&P 500 companies in Semiconductors:
- ADIAnalog DevicesWilmington, Massachusetts
- AMDAdvanced Micro DevicesSanta Clara, California
- AVGOBroadcomPalo Alto, California
- FSLRFirst SolarTempe, Arizona
- INTCIntelSanta Clara, California
- MCHPMicrochip TechnologyChandler, Arizona
- MPWRMonolithic Power SystemsKirkland, Washington
- MRVLMarvell TechnologySanta Clara, California
More from Information Technology
Questions about Qualcomm
Is Qualcomm's revenue growing?
No. Revenue for the twelve months to September 27, 2026 was $43.1 billion, down 2.6% from a year earlier, according to its SEC filings.
Is Qualcomm profitable?
Yes. It earned $13.6 billion in net income over the twelve months to September 27, 2026, a net margin of 31.6%.
Does Qualcomm have more cash or more debt?
At September 27, 2026 it had $4.6 billion in cash and $13.1 billion in debt, so more debt than cash.
When did Qualcomm last file financial results?
Its latest annual report (10-K) was filed with the SEC on November 4, 2026.
Which companies are similar to Qualcomm?
In the S&P 500, Qualcomm is grouped in Semiconductors within the Information Technology sector. Analog Devices (ADI), Advanced Micro Devices (AMD), Broadcom (AVGO), First Solar (FSLR), Intel (INTC) are in the same group.
Understand the numbers
Source: Qualcomm’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.