Qualcomm Inc (QCOM)
NASDAQ:QCOM
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
2.22Last Year’s EPS
2.77Same Quarter Last Year
Based on 31 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call communicated a mix of strong strategic and executional wins (record automotive revenues, solid IoT growth, large shareholder returns, progress on data center/custom silicon and product platform performance) while also candidly describing near-term cyclical headwinds from memory supply/pricing dynamics that are depressing handset shipments—particularly in China—and driving below-demand shipments and softer guidance for the next quarter. Management expressed confidence that the China handset shipments will bottom in Q3 and highlighted long-term opportunities (agentic AI, 6G, data center) that support a positive multi-year outlook despite the short-term revenue and EPS decline.Company Guidance
Overall Quarterly Results
Reported revenue of $10.6 billion and non-GAAP EPS of $2.65 for fiscal Q2, with EPS coming in at the high end of guidance.
QCT and Licensing Revenue Mix
QCT revenue of $9.1 billion and licensing (QTL) revenue of $1.4 billion; QCT EBT margin ~27% and QTL EBT margin ~72% (QTL margin at the high end of guidance).
Automotive Acceleration and Record Quarter
QCT automotive revenue of $1.3 billion, up 38% year-over-year; exceeded $5 billion in annualized automotive revenue for the first time and expects to exit fiscal 2026 at a run rate above $6 billion.
IoT and Combined Auto+IoT Growth
QCT IoT revenue of $1.7 billion, up 9% year-over-year; combined QCT automotive and IoT revenues grew ~20% year-over-year, underlining diversification progress.
Shareholder Returns
Returned $3.7 billion to stockholders in the quarter, including $2.8 billion in share repurchases and $945 million in dividends, reflecting an accelerated capital return program.
Data Center and Custom Silicon Momentum
Alphawave integration described as off to a great start; company pursuing multiple hyperscaler/cloud opportunities and expects initial shipments of a custom silicon engagement with a leading hyperscaler in the December quarter (calendar year).
Product and Technology Wins (PC, Edge, Robotics)
Snapdragon X2 PC platform in production with strong performance claims (NPU and CPU advantages cited, including up to ~30% performance lead vs competitor); enabled >1 million cars running ADAS/autonomy on Snapdragon Ride; Dragonwing IQ10 and new embedded/Arduino initiatives showing customer interest and design-win momentum in industrial/robotics segments.
Forward-Looking Investment in 6G
Announced a 60-company coalition and a 6G roadmap (prototypes/demos in 2028, first silicon in 2028, early launches in 2029, scaling by 2030) positioning Qualcomm for AI-native network opportunities.
QCOM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QCOM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $156.00 | $179.58 | +15.12% |
Feb 04, 2026 | $147.94 | $135.43 | -8.46% |
Nov 05, 2025 | $177.66 | $171.22 | -3.63% |
Jul 30, 2025 | $156.35 | $144.26 | -7.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Qualcomm Inc (QCOM) report earnings?
Qualcomm Inc (QCOM) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Qualcomm Inc (QCOM) earnings time?
Qualcomm Inc (QCOM) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QCOM EPS forecast?
QCOM EPS forecast for the fiscal quarter 2026 (Q3) is 2.22.
