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Qualcomm Inc (QCOM)
NASDAQ:QCOM
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.59Last Year’s EPS
2.85Same Quarter Last Year
Moderate Buy
Based on 22 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of strong execution and strategic progress across products, automotive, IoT, data center and robotics (record revenues, high margins, large design wins and acquisitions), but near-term growth is materially constrained by an industry DRAM shortage that is forcing OEM inventory reductions and reduced handset chipset orders. The company reiterated long-term diversification and product roadmaps while limiting near-term visibility beyond Q2.Company Guidance
Record Revenue and EPS
Total revenue of $12.3B and non-GAAP EPS of $3.50 in fiscal Q1 — both company records; non-GAAP EPS was at the high end of guidance.
Record QCT Performance and Handset Strength
QCT record revenues of $10.6B driven by flagship handsets; QCT handset revenues reached a record $7.8B reflecting strong premium/high-tier sell-through.
Automotive Momentum
QCT Automotive revenues of $1.1B, up 15% year-over-year in Q1; management expects Q2 automotive revenue growth to accelerate to greater than 35% YoY with multiple new design wins and a Volkswagen letter of intent.
IoT and Industrial Growth
QCT IoT revenues of $1.7B, +9% YoY in Q1; company expects QCT IoT to grow in the low teens percentage YoY in Q2, driven by industrial and consumer networking products.
Strong Profitability Metrics
QCT EBT margin of 31% (exceeding the 30% long-term target) and QTL EBITDA margin of 77%, both at the high end of guidance.
Capital Returns to Shareholders
Returned $3.6B to stockholders in the quarter, including $2.6B of share repurchases and $949M of dividends.
Product, Platform and Ecosystem Wins
Introduced Snapdragon X2 Plus and X2 Elite Extreme platforms, 18 Snapdragon-powered PCs debuted at CES, ByteDance launched an AgenTek AI phone on Snapdragon 8 Elite, and 10 design wins for Snapdragon Elite platforms were announced.
Strategic Acquisitions and Data Center Progress
Completed AlphaWave acquisition, acquired Ventana Micro Systems and Algenxx; advancing RISC-V CPU and AI/memory architecture for data center inference with customer engagements (e.g., Humane) and roadmap targets for revenue starting in 2027.
Robotics and Edge AI Expansion
Launched Dragon Wing IQ 10 series and robotics platform engagements with multiple partners, positioning Qualcomm for growth in robotics, industrial edge and physical AI markets.
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 |
|---|---|---|---|
Feb 04, 2026 | $148.89 | $136.30 | -8.46% |
Nov 05, 2025 | $178.81 | $172.32 | -3.63% |
Jul 30, 2025 | $157.36 | $145.19 | -7.73% |
Apr 30, 2025 | $145.99 | $132.96 | -8.93% |
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 May 06, 2026, After Close (Confirmed).
What is Qualcomm Inc (QCOM) earnings time?
Qualcomm Inc (QCOM) earnings time is at May 06, 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 (Q2) is 2.59.
