FINHUB Insights

QCOM · Q2 FY26 · Mar 29, 2026

Qualcomm Q2 FY26: where the revenue came from and where it went

Qualcomm Q2 FY26: revenue $10.6B (−3% year over year). Net profit $7.4B. Largest cohort QCT $9.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 29, 2026
Reported
Apr 29, 2026 10-Q
Sankey diagram of Qualcomm's income statement for Q2 FY26: revenue of $10.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$10.6B −3% year over year
Gross profit$5.7B 54% margin
Operating profit$2.3B 22% margin
Net profit$7.4B 70% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Mar 29, 2026).
ItemValueShare of revenueYear over year
Revenue 10.6 100% −3%
QCT 9.1 86%
QTL 1.4 13%
Other Operating Segment 0.1 1%
Cost of revenue−4.946%
Gross profit5.754% margin−1pp
Research & development−2.523%+3pp
SG&A−0.98%+2pp
Operating profit2.322% margin−7pp
Net profit7.470%+44pp

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters