QUALCOMM Incorporated (QCOM) financial statements (2021 and earlier)
Company profile
| Business Address |
5775 MOREHOUSE DR SAN DIEGO, CA 92121 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| 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)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 11,423 | 12,260 | 12,088 | 37,308 | 18,648 | 17,321 | 17,565 | ||
| Cash and cash equivalents | 11,109 | 11,839 | 11,777 | 35,029 | 5,946 | 7,560 | 7,907 | ||
| Short-term investments | 314 | 421 | 311 | 2,279 | 12,702 | 9,761 | 9,658 | ||
| Receivables | 1,060 | 2,848 | 3,576 | 2,194 | 1,941 | (5) | |||
| Inventory, net of allowances, customer advances and progress billings | 1,420 | 1,400 | 1,693 | 2,035 | 1,556 | 1,492 | 1,458 | ||
| Inventory | 1,420 | 1,400 | 1,693 | 2,035 | 1,556 | 1,492 | 1,458 | ||
| Deferred tax assets | ✕ | ✕ | 635 | ||||||
| Other current assets | 625 | 634 | 699 | 618 | 558 | 687 | 401 | ||
| Other undisclosed current assets | 2,737 | 1,411 | 56 | 56 | 25 | 23 | 2,994 | ||
| Total current assets: | 16,205 | 16,765 | 17,384 | 43,593 | 22,981 | 22,099 | 22,413 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 479 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 3,171 | 3,081 | 2,975 | 3,216 | 2,306 | 2,534 | 2,487 | ||
| Long-term investments and receivables | 35 | 1,270 | 13,702 | 13,626 | 14,457 | ||||
| Long-term investments | 35 | 1,270 | 13,702 | 13,626 | 14,457 | ||||
| Intangible assets, net (including goodwill) | 8,342 | 8,454 | 9,453 | 10,360 | 9,179 | 9,221 | 7,068 | ||
| Goodwill | 6,297 | 6,282 | 6,498 | 6,623 | 5,679 | 5,479 | 4,488 | ||
| Intangible assets, net (excluding goodwill) | 2,045 | 2,172 | 2,955 | 3,737 | 3,500 | 3,742 | 2,580 | ||
| Other noncurrent assets | 4,139 | 3,461 | 1,935 | 4,147 | 2,161 | 1,863 | 975 | ||
| Deferred tax assets, net | ✕ | ✕ | 904 | 2,900 | 2,030 | 1,453 | |||
| Other undisclosed noncurrent assets | 775 | 1,196 | 1,174 | ||||||
| Total noncurrent assets: | 16,906 | 16,192 | 15,302 | 21,893 | 29,378 | 28,697 | 26,161 | ||
| TOTAL ASSETS: | 33,111 | 32,957 | 32,686 | 65,486 | 52,359 | 50,796 | 48,574 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,657 | 2,416 | 3,359 | 3,154 | 2,792 | 2,161 | 2,985 | ||
| Accounts payable | 1,718 | 1,368 | 1,825 | 1,971 | 1,858 | 1,300 | 2,183 | ||
| Employee-related liabilities | 939 | 1,048 | 1,081 | 1,183 | 934 | 861 | 802 | ||
| Taxes payable | 453 | ||||||||
| Deferred revenue | 511 | 565 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 2,498 | 2,496 | 1,005 | 2,495 | 1,749 | 1,000 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 502 | 509 | 583 | 785 | ||
| Deferred tax liabilities | ✕ | ✕ | 4 | ||||||
| Other liabilities | 3,528 | 3,458 | 6,825 | 4,756 | 2,261 | 2,356 | 2,243 | ||
| Other undisclosed current liabilities | 47 | (4) | |||||||
| Total current liabilities: | 9,194 | 8,935 | 11,236 | 10,907 | 7,311 | 6,100 | 6,013 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 393 | 13,437 | |||||||
| Long-term debt, excluding current maturities | 13,437 | ||||||||
| Operating lease, liability | 393 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 3,115 | 4,648 | 3,828 | 4,668 | 3,441 | 3,583 | 3,401 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 2,003 | 2,377 | 2,496 | 2,967 | ||
| Accounts payable and accrued liabilities | 2,054 | 2,088 | 2,312 | ||||||
| Deferred revenue | 1,061 | 1,160 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Deferred tax liabilities, net | ✕ | ✕ | 291 | 233 | 169 | 270 | 6 | ||
| Liability for uncertainty in income taxes | 1,400 | ||||||||
| Other liabilities | 1,225 | 2,432 | 895 | 817 | 428 | ||||
| Other undisclosed noncurrent liabilities | 15,896 | 1,028 | 16,694 | 19,165 | 9,839 | 9,699 | (6) | ||
| Total noncurrent liabilities: | 19,404 | 19,113 | 20,522 | 23,833 | 13,280 | 13,282 | 3,395 | ||
| Total liabilities: | 28,598 | 28,048 | 31,758 | 34,740 | 20,591 | 19,382 | 9,408 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 4,513 | 4,909 | 928 | 30,746 | 31,778 | 31,421 | 39,169 | ||
| Accumulated other comprehensive income | 137 | 100 | 265 | 384 | 428 | 195 | 634 | ||
| Retained earnings | 4,376 | 4,466 | 663 | 30,088 | 30,936 | 31,226 | 30,799 | ||
| Other undisclosed stockholders' equity attributable to parent | 343 | 274 | 414 | 7,736 | |||||
| Stockholders' equity attributable to noncontrolling interest | (10) | (7) | (3) | ||||||
| Total stockholders' equity: | 4,513 | 4,909 | 928 | 30,746 | 31,768 | 31,414 | 39,166 | ||
| TOTAL LIABILITIES AND EQUITY: | 33,111 | 32,957 | 32,686 | 65,486 | 52,359 | 50,796 | 48,574 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 24,508 | 24,273 | 22,732 | 22,291 | 23,554 | 25,281 | 26,487 | |
| Revenue, net | ✕ | ✕ | ✕ | 5,644 | 8,087 | 8,202 | 7,862 | |
| Cost of revenue | (8,524) | (8,599) | (10,244) | (9,792) | (9,749) | (10,378) | (10,686) | |
| Gross profit: | 15,984 | 15,674 | 12,488 | 12,499 | 13,805 | 14,903 | 15,801 | |
| Operating expenses | (7,732) | (7,593) | (8,611) | (8,143) | (7,536) | (9,535) | (9,559) | |
| Other operating income (expense), net | (265) | (414) | (3,135) | (1,742) | 226 | (1,293) | (484) | |
| Other undisclosed operating income | 1,701 | 1,792 | ||||||
| Operating income: | 7,987 | 7,667 | 742 | 2,614 | 6,495 | 5,776 | 7,550 | |
| Nonoperating income (Investment Income, Nonoperating) | 501 | 441 | 539 | 900 | 635 | 815 | 1,228 | |
| Interest and debt expense | (620) | (627) | (768) | (494) | (297) | (104) | (5) | |
| Income from continuing operations before equity method investments, income taxes: | 7,868 | 7,481 | 513 | 3,020 | 6,833 | 6,487 | 8,773 | |
| Loss from equity method investments | (32) | (10) | ||||||
| Other undisclosed income from continuing operations before income taxes | 32 | 15 | ||||||
| Income from continuing operations before income taxes: | 7,868 | 7,481 | 513 | 3,020 | 6,833 | 6,487 | 8,778 | |
| Income tax expense | (3,625) | (3,095) | (5,377) | (555) | (1,131) | (1,219) | (1,244) | |
| Income (loss) from continuing operations: | 4,243 | 4,386 | (4,864) | 2,465 | 5,702 | 5,268 | 7,534 | |
| Income from discontinued operations | 430 | |||||||
| Net income (loss): | 4,243 | 4,386 | (4,864) | 2,465 | 5,702 | 5,268 | 7,964 | |
| Net income attributable to noncontrolling interest | 1 | 3 | 3 | 3 | ||||
| Net income (loss) available to common stockholders, diluted: | 4,243 | 4,386 | (4,864) | 2,466 | 5,705 | 5,271 | 7,967 | |
Comprehensive Income ($ in millions)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 4,243 | 4,386 | (4,864) | 2,465 | 5,702 | 5,268 | 7,964 | |
| Other comprehensive income (loss) | (65) | (114) | (119) | (44) | 233 | (439) | (119) | |
| Comprehensive income (loss): | 4,178 | 4,272 | (4,983) | 2,421 | 5,935 | 4,829 | 7,845 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | 3 | 3 | 3 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,178 | 4,272 | (4,983) | 2,422 | 5,938 | 4,832 | 7,848 | |
Statements sources
The financial statements are based on the company's filings with the 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.