Qualcomm ( (QCOM) ) has released its Q2 earnings. Here is a breakdown of the information Qualcomm presented to its investors.
Qualcomm Incorporated is a leading technology company known for its innovations in wireless technology, particularly in the semiconductor and telecommunications sectors, with a strong focus on AI, high-performance computing, and connectivity solutions.
In its second quarter of fiscal 2025, Qualcomm reported robust financial results, showcasing significant growth across various segments despite challenging macroeconomic conditions. The company’s revenue reached $11 billion, with a GAAP EPS of $2.52 and a Non-GAAP EPS of $2.85, reflecting its strategic focus on diversification and operational efficiency.
Key highlights from the earnings report include a 25% year-over-year growth in QCT earnings before taxes and a remarkable 38% increase in combined automotive and IoT revenues. The company’s QCT segment, which includes handsets, automotive, and IoT, saw an 18% revenue increase, driven by a 59% surge in automotive and a 27% rise in IoT revenues. Qualcomm also returned $2.7 billion to stockholders through dividends and share repurchases, demonstrating its commitment to shareholder value.
Looking ahead, Qualcomm remains optimistic about its growth prospects, emphasizing its commitment to executing its diversification strategy and investing in areas that drive long-term value. The company expects Q3 fiscal 2025 revenues to range between $9.9 billion and $10.7 billion, with a Non-GAAP diluted EPS forecasted between $2.60 and $2.80, underscoring its confidence in navigating the evolving market landscape.