Qualcomm Q1 FY26: where the revenue came from and where it went
The whole income statement of Qualcomm for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Sep 29 – Dec 28, 2025
- Reported
- Feb 4, 2026
Revenue$12.25B
+5% year over year
Gross profit$6.68B
55% margin
Operating profit$3.37B
27% margin
Net profit$3.00B
25% margin
The numbers
| 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 |
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