QCOM · Q1 FY26 · Sep 29 – Dec 28, 2025
Qualcomm Q1 FY26: where the revenue came from and where it went
Qualcomm Q1 FY26: revenue $12.3B (+5% year over year). Net profit $3B. Largest cohort Qct $10.6B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Sep 29 – Dec 28, 2025
- Reported
- Feb 4, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$12.3B
+5% year over year
Gross profit$6.7B
55% margin
Operating profit$3.4B
27% margin
Net profit$3B
25% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 12.3 | 100% | +5% |
| Qct | 10.6 | 86% | +5% |
| Qtl | 1.6 | 13% | +4% |
| Cost of revenue | −5.6 | 46% | |
| Gross profit | 6.7 | 55% margin | −1pp |
| Research & development | −2.4 | 20% | +1pp |
| SG&A | −0.9 | 7% | +1pp |
| Operating profit | 3.4 | 27% margin | −3pp |
| Tax | −0.6 | ||
| Net profit | 3 | 25% | −3pp |
Older quarters
-
Q3 FY26 6/2026Revenue $9.9B Net margin 20%
-
Q2 FY26 3/2026Revenue $10.6B Net margin 70%
-
Q4 FY25 9/2025Revenue $11.3B Net margin -28%
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