Qualcomm
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Q3 FY26 Mar 30 – Jun 28, 2026
Net profit is larger than what operations earned, because the statement adds $0.84B below it, under Other income, net.
The numbers behind the diagram
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.95 | 100% | −4% |
| QCT | 8.50 | 85% | |
| QTL | 1.28 | 13% | |
| Other operating | 0.17 | 2% | |
| Cost of revenue | −4.67 | 47% | |
| Gross profit | 5.28 | 53% margin | −3pp |
| R&D | −2.61 | 26% | +5pp |
| SG&A | −0.98 | 10% | +2pp |
| Other | −0.07 | 1% | +0pp |
| Operating profit | 1.63 | 16% margin | −10pp |
| Other income, net | 0.84 | ||
| Tax | −0.46 | ||
| Net profit | 2.00 | 20% margin | −6pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 10.60 | 100% | −3% |
| QCT | 9.08 | 86% | |
| QTL | 1.38 | 13% | |
| Other operating | 0.14 | 1% | |
| Cost of revenue | −4.90 | 46% | |
| Gross profit | 5.70 | 54% margin | −1pp |
| R&D | −2.46 | 23% | +3pp |
| SG&A | −0.90 | 9% | +2pp |
| Other | −0.03 | 0% | +0pp |
| Operating profit | 2.31 | 22% margin | −7pp |
| Interest & other costs | −0.08 | ||
| Tax benefit | 5.14 | ||
| Net profit | 7.37 | 70% margin | +44pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 12.25 | 100% | +5% |
| Qct | 10.61 | 87% | +5% |
| Qtl | 1.59 | 13% | +4% |
| Other and unallocated | 0.05 | 0% | |
| Cost of revenue | −5.57 | 45% | |
| Gross profit | 6.68 | 55% margin | −1pp |
| R&D | −2.45 | 20% | +1pp |
| SG&A | −0.87 | 7% | +1pp |
| Operating profit | 3.37 | 27% margin | −3pp |
| Other income, net | 0.18 | ||
| Tax | −0.54 | ||
| Net profit | 3.00 | 25% margin | −3pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 11.27 | 100% | +10% |
| Qct | 9.82 | 87% | +13% |
| Qtl | 1.41 | 13% | −7% |
| Other and unallocated | 0.04 | 0% | |
| Cost of revenue | −5.03 | 45% | |
| Gross profit | 6.24 | 55% margin | −1pp |
| R&D | −2.37 | 21% | −1pp |
| SG&A | −0.91 | 8% | +1pp |
| Other | −0.04 | 0% | +0pp |
| Operating profit | 2.92 | 26% margin | +1pp |
| Tax | −6.04 | ||
| Net profit | −3.12 | −28% margin | −56pp |
Financial health
The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.
The balance sheet, capital flow, debt schedule and capital structure open with a free account.
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
| Quarter | Period | Reported | Revenue | Year over year | Operating margin | Net profit | Net margin |
|---|---|---|---|---|---|---|---|
| Q3 FY26 Mar 30 – Jun 28, 2026 reported Jul 29, 2026 Operating margin 16% Net profit $2.0B | Mar 30 – Jun 28, 2026 | Jul 29, 2026 | $9.9B | −4% | 16% | $2.0B | 20% |
| Q2 FY26 Dec 29, 2025 – Mar 29, 2026 reported Apr 29, 2026 Operating margin 22% Net profit $7.4B | Dec 29, 2025 – Mar 29, 2026 | Apr 29, 2026 | $10.6B | −3% | 22% | $7.4B | 70% |
| Q1 FY26 Sep 29 – Dec 28, 2025 reported Feb 4, 2026 Operating margin 27% Net profit $3.0B | Sep 29 – Dec 28, 2025 | Feb 4, 2026 | $12.3B | +5% | 27% | $3.0B | 25% |
| Q4 FY25 Jun 30 – Sep 28, 2025 reported Nov 5, 2025 Operating margin 26% Net profit −$3.1B | Jun 30 – Sep 28, 2025 | Nov 5, 2025 | $11.3B | +10% | 26% | −$3.1B | −28% |
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