Qualcomm Income Statement
QCOM / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Qualcomm reported $44.3B in revenue and $5.5B in net income for FY2025. Revenue has grown at a 10.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $44.3B | $39.0B | $35.8B | $23.5B | $24.3B | $22.6B | $24.3B | $23.6B | $22.3B | $26.5B | $24.9B | $26.5B | $15.0B | $11.0B | $10.4B |
| Cost of Revenue | $19.7B | $17.1B | $15.9B | $9.3B | $8.6B | $10.2B | $8.6B | $9.7B | $9.8B | $10.7B | $9.8B | $10.7B | $4.9B | $3.3B | $3.0B |
| SG&A Expense | $3.1B | $2.8B | $2.5B | $2.1B | $2.2B | $3.0B | $2.2B | $2.4B | $2.7B | $2.3B | $2.5B | $2.3B | $1.9B | $1.5B | $1.5B |
| R&D Expense | $9.0B | $8.9B | $8.8B | $6.0B | $5.4B | $5.6B | $5.4B | $5.2B | $5.5B | $5.5B | $5.0B | $5.5B | $3.0B | $2.5B | $2.3B |
| Operating Income | $12.4B | $10.1B | $7.8B | $6.3B | $7.7B | $621.0M | $7.7B | $6.5B | $2.6B | $7.5B | $7.2B | $7.5B | $5.0B | $3.7B | $2.5B |
| Interest Expense | $664.0M | $697.0M | $694.0M | $602.0M | $627.0M | $768.0M | $627.0M | $297.0M | $494.0M | $5.0M | $23.0M | $5.0M | $114.0M | $43.0M | -$13.0M |
| Income Tax | $7.1B | $226.0M | $104.0M | $521.0M | $3.1B | $5.4B | $3.1B | $1.1B | $543.0M | $1.2B | $1.3B | $1.2B | $1.1B | $973.0M | $611.0M |
| Net Income | $5.5B | $10.1B | $7.2B | $5.2B | $4.4B | -$5.0B | $4.4B | $5.7B | $2.4B | $8.0B | $6.9B | $8.0B | $4.3B | $3.2B | $1.6B |
| EPS (Basic) | $6.47 | $11.52 | $7.99 | $4.58 | $3.63 | -$3.39 | $1.66 | $3.84 | $3.26 | $4.73 | $3.99 | $3.59 | $2.57 | $1.98 | $0.96 |
| EPS (Diluted) | $6.42 | $11.37 | $7.87 | $4.52 | $3.59 | -$3.39 | $1.64 | $3.81 | $3.22 | $4.65 | $3.91 | $3.51 | $2.52 | $1.96 | $0.95 |
| Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 1.5B | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B | 1.6B |
| Operating Margin | 27.9% | 25.9% | 21.7% | 26.6% | 31.6% | 2.8% | 31.6% | 27.6% | 11.6% | 28.5% | 29.1% | 28.5% | 33.6% | 33.9% | 24.5% |
| Profit Margin | 12.5% | 26.0% | 20.2% | 22.1% | 18.1% | -21.9% | 18.1% | 24.2% | 11.0% | 30.1% | 27.6% | 30.1% | 28.5% | 29.6% | 15.3% |