QUALCOMM Incorporated (QCOM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	44.1B	44.3B	39.0B	35.8B	44.2B
Cost of Revenue	20.2B	19.7B	17.1B	15.9B	18.6B
Gross Profit	23.9B	24.5B	21.9B	20.0B	25.6B
Operating Expenses
R&D Expense	9.9B	9.0B	8.9B	8.8B	8.2B
SG&A Expense	3.6B	3.1B	2.8B	2.5B	2.6B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	136.0M	39.0M	179.0M	862.0M	(1.1B)
Total Operating Expenses	13.7B	12.2B	11.8B	12.2B	9.7B
Cost and Expenses	33.9B	31.9B	28.9B	28.0B	28.3B
Operating Income (EBIT)	10.2B	12.4B	10.1B	7.8B	15.9B
Non-Operating
Interest Income	489.0M	639.0M	675.0M	313.0M	91.0M
Interest Expense	688.0M	664.0M	697.0M	694.0M	490.0M
Net Interest Income	(199.0M)	(25.0M)	(22.0M)	(381.0M)	(399.0M)
Other Non-Op Income/Expense	993.0M	308.0M	265.0M	(345.0M)	(862.0M)
Non-Operating Income (excl Interest)	(1.7B)	(972.0M)	(962.0M)	(349.0M)	372.0M
EBT (Pre-Tax Income)	11.2B	12.7B	10.3B	7.4B	15.0B
Income Tax Expense	2.0B	7.1B	226.0M	104.0M	2.0B
Bottom Line
Net Income	9.3B	5.5B	10.1B	7.2B	12.9B
Earnings from Cont. Ops	9.3B	5.5B	10.1B	7.3B	13.0B
Earnings from Discont. Ops	—	—	—	(107.0M)	(50.0M)
Bottom Line Net Income	9.3B	5.5B	10.1B	7.2B	12.9B
Per Share
Basic EPS	$8.78	$5.06	$9.09	$6.47	$11.52
Diluted EPS	$8.76	$5.01	$8.98	$6.42	$11.38
Revenue Per Share	$41.69	$40.41	$34.91	$32.07	$39.36
Shares
Basic Shares Outstanding	1.1B	1.1B	1.1B	1.1B	1.1B
Diluted Shares Outstanding	1.1B	1.1B	1.1B	1.1B	1.1B
Profitability Metrics
EBITDA	13.5B	14.9B	12.7B	9.9B	17.3B
D&A	1.6B	1.6B	1.7B	1.8B	1.8B
EBIT	11.9B	13.3B	11.0B	8.1B	15.5B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026