Quality Scorecard Stable
Stable-stage checklist (proxy metrics from yfinance). 11 of 11 criteria scored. Not financial advice.
Buy-Now Score
Comparative rank: 40% Quality + 30% Trajectory + 30% Valuation — higher = better buy now. Not financial advice.
Valuation
DCF: 11% start growth → 2.5%, 12.0% discount (band $140.40–$209.53). Analyst: 31 analysts. MarketGist fair = 80% analyst + 20% DCF. Not financial advice.
Key Trends (6-yr)
Company Overview
Basic Information
Company Details
Business Description
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software with connectivity and computing technologies for use in mobile devices; automotive systems for connectivity, digital cockpit, and ADAS/AD; and IoT, including consumer electronic devices, industrial devices, and edge networking products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing LTE, and/or OFDMA-based 5G products and derivatives; to use cellular standard-essential patents, including 3G, 4G and 5G for cellular devices. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and sells related products to the United States government agencies and their contractors. In addition, the company is also involved in Qualcomm government technologies and data center businesses. QUALCOMM Incorporated was incorporated in 1985 and is headquartered in San Diego, California.
Key Metrics
Price & Valuation
Profitability
Financial Health
Trading & Analyst Info
52-Week Range
Analyst Recommendations
Price graph
Price vs Rates, Inflation & Volume (long-term)
Fundamental Trends
Quarterly Verdict
Heuristic from the Quality Scorecard + quarter-over-quarter trends. Not financial advice.
Financial Statements
Income Statement (Annual)
| Item | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Tax Effect Of Unusual Items | $35.07M | $-1.86M | $-9.12M | $-41.86M | N/A |
| Tax Rate For Calcs | $0.21 | $0.02 | $0.01 | $0.13 | N/A |
| Normalized EBITDA | $14.76B | $12.83B | $10.86B | $17.57B | N/A |
| Total Unusual Items | $167.00M | $-93.00M | $-912.00M | $-322.00M | N/A |
| Total Unusual Items Excluding Goodwill | $167.00M | $-93.00M | $-912.00M | $-322.00M | N/A |
| Net Income From Continuing Operation Net Minority Interest | $5.54B | $10.11B | $7.34B | $12.99B | N/A |
| Reconciled Depreciation | $1.60B | $1.71B | $1.81B | $1.76B | N/A |
| Reconciled Cost Of Revenue | $19.74B | $17.06B | $15.87B | $18.64B | N/A |
| EBITDA | $14.93B | $12.74B | $9.95B | $17.25B | N/A |
| EBIT | $13.33B | $11.03B | $8.14B | $15.49B | N/A |
| Net Interest Income | $-25.00M | $-22.00M | $-381.00M | $-399.00M | N/A |
| Interest Expense | $664.00M | $697.00M | $694.00M | $490.00M | N/A |
| Interest Income | $639.00M | $675.00M | $313.00M | $91.00M | N/A |
| Normalized Income | $5.41B | $10.20B | $8.24B | $13.27B | N/A |
| Net Income From Continuing And Discontinued Operation | $5.54B | $10.14B | $7.23B | $12.94B | N/A |
Showing 15 of 48 rows
Balance Sheet (Annual)
| Item | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Ordinary Shares Number | $1.07B | $1.11B | $1.11B | $1.12B | N/A |
| Share Issued | $1.07B | $1.11B | $1.11B | $1.12B | N/A |
| Net Debt | $9.29B | $6.79B | $6.95B | $12.71B | N/A |
| Total Debt | $14.81B | $14.63B | $15.40B | $15.48B | N/A |
| Tangible Book Value | $8.70B | $14.23B | $9.53B | $5.62B | N/A |
| Invested Capital | $36.02B | $40.91B | $36.98B | $33.49B | N/A |
| Working Capital | $16.61B | $14.73B | $12.84B | $8.86B | N/A |
| Net Tangible Assets | $8.70B | $14.23B | $9.53B | $5.62B | N/A |
| Common Stock Equity | $21.21B | $26.27B | $21.58B | $18.01B | N/A |
| Total Capitalization | $36.02B | $39.54B | $36.06B | $31.55B | N/A |
| Total Equity Gross Minority Interest | $21.21B | $26.27B | $21.58B | $18.01B | N/A |
| Stockholders Equity | $21.21B | $26.27B | $21.58B | $18.01B | N/A |
| Gains Losses Not Affecting Retained Earnings | $560.00M | $587.00M | $358.00M | $-22.00M | N/A |
| Other Equity Adjustments | $560.00M | $587.00M | $358.00M | $-22.00M | N/A |
| Retained Earnings | $20.65B | $25.69B | $20.73B | $17.84B | N/A |
Showing 15 of 72 rows
Cash Flow Statement (Annual)
| Item | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Free Cash Flow | $12.82B | $11.16B | $9.85B | $6.83B |
| Repurchase Of Capital Stock | $-8.79B | $-4.12B | $-2.97B | $-3.13B |
| Repayment Of Debt | $-2.36B | $-1.71B | $-7.01B | $-8.89B |
| Issuance Of Debt | $2.48B | $799.00M | $6.95B | $8.48B |
| Issuance Of Capital Stock | $404.00M | $383.00M | $434.00M | $356.00M |
| Capital Expenditure | $-1.19B | $-1.04B | $-1.45B | $-2.26B |
| End Cash Position | $7.84B | $7.85B | $8.53B | $3.10B |
| Beginning Cash Position | $7.85B | $8.53B | $3.10B | $7.12B |
| Effect Of Exchange Rate Changes | $-22.00M | $12.00M | $30.00M | $-113.00M |
| Changes In Cash | $16.00M | $-690.00M | $5.40B | $-3.90B |
| Financing Cash Flow | $-13.20B | $-9.27B | $-6.66B | $-7.20B |
| Cash From Discontinued Financing Activities | $0.00 | $19.00M | $-58.00M | $4.00M |
| Cash Flow From Continuing Financing Activities | $-13.20B | $-9.29B | $-6.61B | $-7.20B |
| Net Other Financing Charges | $-1.13B | $-949.00M | $-540.00M | $-800.00M |
| Cash Dividends Paid | $-3.81B | $-3.69B | $-3.46B | $-3.21B |
Showing 15 of 61 rows