QUALCOMM Incorporated (QCOM) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5775 MOREHOUSE DR SAN DIEGO, CA 92121 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2024 MRQ | 12/31/2023 MRQ | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 12,054 | 11,324 | 6,382 | 12,414 | 11,214 | 12,260 | |||
| Cash and cash equivalents | 8,133 | 8,450 | 2,773 | 7,116 | 6,707 | 11,839 | |||
| Short-term investments | 3,921 | 2,874 | 3,609 | 5,298 | 4,507 | 421 | |||
| Receivables | 1,960 | 4,208 | 2,225 | 2,698 | 1,060 | ||||
| Inventory, net of allowances, customer advances and progress billings | 6,247 | 6,422 | 6,341 | 3,228 | 2,598 | 1,400 | |||
| Inventory | 6,247 | 6,422 | 6,341 | 3,228 | 2,598 | 1,400 | |||
| Disposal group, including discontinued operation | 337 | 341 | 733 | ||||||
| Other current assets | 1,288 | 1,194 | 1,625 | 854 | 704 | 634 | |||
| Other undisclosed current assets | 3,513 | 1,223 | 1,435 | 1,354 | 1,305 | 1,411 | |||
| Total current assets: | 23,439 | 22,464 | 20,724 | 20,075 | 18,519 | 16,765 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4,907 | 5,042 | 5,168 | 4,559 | 3,711 | 3,081 | |||
| Intangible assets, net (including goodwill) | 12,109 | 12,050 | 12,390 | 8,704 | 7,976 | 8,454 | |||
| Goodwill | 10,722 | 10,642 | 10,508 | 7,246 | 6,323 | 6,282 | |||
| Intangible assets, net (excluding goodwill) | 1,387 | 1,408 | 1,882 | 1,458 | 1,653 | 2,172 | |||
| Disposal group, including discontinued operation, noncurrent assets | 69 | 88 | 1,200 | ||||||
| Deferred income tax assets | 3,579 | 3,310 | 1,803 | 1,591 | 1,351 | ||||
| Other noncurrent assets | 8,032 | 8,086 | 7,729 | 6,311 | 4,037 | 3,461 | |||
| Other undisclosed noncurrent assets | 1,196 | ||||||||
| Total noncurrent assets: | 28,696 | 28,576 | 28,290 | 21,165 | 17,075 | 16,192 | |||
| TOTAL ASSETS: | 52,135 | 51,040 | 49,014 | 41,240 | 35,594 | 32,957 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,904 | 3,597 | 6,768 | 4,281 | 3,301 | 2,416 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,486 | 1,531 | 1,053 | 1,048 | ||
| Accounts payable | 2,147 | 1,912 | 3,796 | 2,750 | 2,248 | 1,368 | |||
| Accrued liabilities | 1,757 | 1,685 | 1,486 | ||||||
| Deferred revenue | 210 | 293 | 369 | 612 | 568 | 565 | |||
| Debt | 914 | 914 | 1,945 | 2,044 | 500 | 2,496 | |||
| Disposal group, including discontinued operation | 336 | 333 | 581 | ||||||
| Other liabilities | 3,805 | 4,491 | 3,689 | 5,014 | 4,303 | 3,458 | |||
| Other undisclosed current liabilities | (1,486) | ||||||||
| Total current liabilities: | 9,169 | 9,628 | 11,866 | 11,951 | 8,672 | 8,935 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 14,484 | 14,110 | 14,129 | 15,226 | 13,437 | ||||
| Long-term debt, excluding current maturities | 14,484 | 13,537 | 13,701 | 15,226 | 13,437 | ||||
| Liabilities, other than long-term debt | 1,192 | 4,088 | 3,835 | 3,977 | 4,233 | 4,648 | |||
| Accounts payable and accrued liabilities | 1,056 | 1,080 | 1,472 | 1,713 | 1,872 | 2,088 | |||
| Deferred revenue | 93 | 99 | 144 | 364 | 761 | 1,160 | |||
| Liability for uncertainty in income taxes | 2,300 | 2,100 | 1,900 | 1,600 | 1,400 | ||||
| Disposal group, including discontinued operation, liabilities | 43 | 38 | 119 | ||||||
| Operating lease, liability | 571 | 573 | 428 | ||||||
| Other undisclosed noncurrent liabilities | 18,716 | 1,259 | 1,190 | 1,233 | 1,386 | 1,028 | |||
| Total noncurrent liabilities: | 19,908 | 19,831 | 19,135 | 19,339 | 20,845 | 19,113 | |||
| Total liabilities: | 29,077 | 29,459 | 31,001 | 31,290 | 29,517 | 28,048 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 23,058 | 21,091 | 17,818 | 9,950 | 5,491 | 4,909 | |||
| Accumulated other comprehensive income (loss) | 493 | 358 | (22) | 128 | 207 | 100 | |||
| Retained earnings | 22,565 | 20,733 | 17,840 | 9,822 | 5,284 | 4,466 | |||
| Other undisclosed equity, attributable to parent | 343 | ||||||||
| Other undisclosed equity | 490 | 195 | 586 | ||||||
| Total equity: | 23,058 | 21,581 | 18,013 | 9,950 | 6,077 | 4,909 | |||
| TOTAL LIABILITIES AND EQUITY: | 52,135 | 51,040 | 49,014 | 41,240 | 35,594 | 32,957 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 36,292 | 35,820 | 44,200 | 33,566 | 23,531 | 24,273 | ||
| Cost of revenue | (16,137) | (15,869) | (18,635) | (14,262) | (9,255) | (8,599) | ||
| Gross profit: | 20,155 | 19,951 | 25,565 | 19,304 | 14,276 | 15,674 | ||
| Operating expenses | (11,751) | (11,901) | (11,246) | (10,057) | (8,642) | (7,593) | ||
| Other operating income (expense), net | (753) | (862) | 1,059 | 28 | (414) | |||
| Other undisclosed operating income | 600 | 600 | 482 | 542 | 593 | |||
| Operating income: | 8,251 | 7,788 | 15,860 | 9,789 | 6,255 | 7,667 | ||
| Nonoperating income (expense) | 485 | 349 | (372) | 1,044 | 66 | 441 | ||
| Investment income, nonoperating | 546 | 465 | (372) | 1,044 | 66 | 441 | ||
| Interest and debt expense | (702) | (694) | (490) | (559) | (602) | (627) | ||
| Income from continuing operations before income taxes: | 8,034 | 7,443 | 14,998 | 10,274 | 5,719 | 7,481 | ||
| Income tax expense | (157) | (104) | (2,012) | (1,231) | (521) | (3,095) | ||
| Income from continuing operations: | 7,877 | 7,339 | 12,986 | 9,043 | 5,198 | 4,386 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 12,986 | 9,043 | 5,198 | 4,386 | |
| Net income: | 7,877 | 7,339 | 12,986 | 9,043 | 5,198 | 4,386 | ||
| Other undisclosed net loss attributable to parent | (113) | (107) | (50) | |||||
| Net income available to common stockholders, diluted: | 7,764 | 7,232 | 12,936 | 9,043 | 5,198 | 4,386 | ||
Comprehensive Income ($ in millions)
| 6/30/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 7,877 | 7,339 | 12,986 | 9,043 | 5,198 | 4,386 | ||
| Other comprehensive income (loss) | 200 | 380 | (150) | (79) | 107 | (114) | ||
| Comprehensive income: | 8,077 | 7,719 | 12,836 | 8,964 | 5,305 | 4,272 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (113) | (107) | (50) | |||||
| Comprehensive income, net of tax, attributable to parent: | 7,964 | 7,612 | 12,786 | 8,964 | 5,305 | 4,272 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.