QUALCOMM Incorporated (QCOM) Financial Statements (2025 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)Annual | Quarterly
| 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 13,032 | 13,851 | 12,054 | 11,324 | 8,631 | 6,676 | |||
| Cash and cash equivalents | 7,770 | 9,219 | 8,133 | 8,450 | 6,087 | 3,488 | |||
| Short-term investments | 5,262 | 4,632 | 3,921 | 2,874 | 2,544 | 3,188 | |||
| Receivables | 1,960 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 6,020 | 6,087 | 6,247 | 6,422 | 6,628 | 6,858 | |||
| Inventory | 6,020 | 6,087 | 6,247 | 6,422 | 6,628 | 6,858 | |||
| Disposal group, including discontinued operation | 337 | 341 | 317 | 816 | |||||
| Other current assets | 1,332 | 1,240 | 1,288 | 1,194 | 1,050 | 1,032 | |||
| Other undisclosed current assets | 2,948 | 3,054 | 3,513 | 1,223 | 3,850 | 3,691 | |||
| Total current assets: | 23,332 | 24,232 | 23,439 | 22,464 | 20,476 | 19,073 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4,744 | 4,724 | 4,907 | 5,042 | 5,216 | 5,281 | |||
| Intangible assets, net (including goodwill) | 12,066 | 12,091 | 12,109 | 12,050 | 12,209 | 12,306 | |||
| Goodwill | 10,770 | 10,760 | 10,722 | 10,642 | 10,591 | 10,579 | |||
| Intangible assets, net (excluding goodwill) | 1,296 | 1,331 | 1,387 | 1,408 | 1,618 | 1,727 | |||
| Disposal group, including discontinued operation, noncurrent assets | 69 | 88 | 218 | 1,251 | |||||
| Deferred income tax assets | 4,420 | 3,978 | 3,579 | 3,310 | 2,773 | 2,477 | |||
| Other noncurrent assets | 8,179 | 8,142 | 8,032 | 8,086 | 8,110 | 7,974 | |||
| Total noncurrent assets: | 29,409 | 28,935 | 28,696 | 28,576 | 28,526 | 29,289 | |||
| TOTAL ASSETS: | 52,741 | 53,167 | 52,135 | 51,040 | 49,002 | 48,362 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,366 | 3,567 | 3,904 | 3,597 | 3,290 | 2,657 | |||
| Accounts payable | 2,586 | 2,314 | 2,147 | 1,912 | 1,744 | 1,430 | |||
| Accrued liabilities | 1,780 | 1,253 | 1,757 | 1,685 | 1,546 | 1,227 | |||
| Deferred revenue | 263 | 253 | 210 | 293 | 249 | 277 | |||
| Debt | 1,364 | 914 | 914 | 914 | 914 | 499 | |||
| Disposal group, including discontinued operation | 336 | 333 | 300 | 648 | |||||
| Other liabilities | 3,754 | 4,409 | 3,805 | 4,491 | 3,710 | 3,785 | |||
| Total current liabilities: | 9,747 | 9,143 | 9,169 | 9,628 | 8,463 | 7,866 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 14,484 | ||||||||
| Long-term debt, excluding current maturities | 14,484 | ||||||||
| Liabilities, other than long-term debt | 634 | 661 | 1,192 | 4,088 | 1,226 | 1,304 | |||
| Accounts payable and accrued liabilities | 526 | 526 | 1,056 | 1,080 | 1,098 | 1,084 | |||
| Deferred revenue | 108 | 135 | 93 | 99 | 92 | 104 | |||
| Liability for uncertainty in income taxes | 2,300 | ||||||||
| Disposal group, including discontinued operation, liabilities | 43 | 38 | 36 | 116 | |||||
| Operating lease, liability | 571 | ||||||||
| Other undisclosed noncurrent liabilities | 17,690 | 18,894 | 18,716 | 1,259 | 18,643 | 19,494 | |||
| Total noncurrent liabilities: | 18,324 | 19,555 | 19,908 | 19,831 | 19,869 | 20,798 | |||
| Total liabilities: | 28,071 | 28,698 | 29,077 | 29,459 | 28,332 | 28,664 | |||
| Equity | |||||||||
| Equity, attributable to parent | 24,670 | 24,403 | 23,058 | 21,091 | 20,593 | 19,698 | |||
| Accumulated other comprehensive income | 397 | 438 | 493 | 358 | 430 | 418 | |||
| Retained earnings | 24,273 | 23,965 | 22,565 | 20,733 | 20,163 | 19,280 | |||
| Other undisclosed equity | 66 | 490 | 77 | ||||||
| Total equity: | 24,670 | 24,469 | 23,058 | 21,581 | 20,670 | 19,698 | |||
| TOTAL LIABILITIES AND EQUITY: | 52,741 | 53,167 | 52,135 | 51,040 | 49,002 | 48,362 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,393 | 9,389 | 9,935 | 8,631 | 8,451 | 9,275 | ||
| Cost of revenue | (4,174) | (4,106) | (4,312) | (3,880) | (3,792) | (4,153) | ||
| Gross profit: | 5,219 | 5,283 | 5,623 | 4,751 | 4,659 | 5,122 | ||
| Operating expenses | (2,923) | (2,943) | (2,723) | (3,364) | (2,840) | (2,824) | ||
| Other operating income (expense), net | (75) | 28 | (577) | 4 | (208) | |||
| Other undisclosed operating income | 600 | |||||||
| Operating income: | 2,221 | 2,340 | 2,928 | 1,410 | 1,823 | 2,090 | ||
| Nonoperating income (expense) | 226 | 330 | 212 | 183 | 106 | (16) | ||
| Investment income, nonoperating | 182 | 160 | 220 | 188 | 79 | 59 | ||
| Other nonoperating income (expense) | 5 | 6 | (7) | 2 | 4 | (18) | ||
| Interest and debt expense | (168) | (172) | (178) | (173) | (172) | (179) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income from continuing operations before equity method investments, income taxes: | 2,279 | 2,498 | 2,962 | 1,420 | 1,757 | 1,895 | ||
| Other undisclosed loss from continuing operations before income taxes | ||||||||
| Income from continuing operations before income taxes: | 2,279 | 2,498 | 2,962 | 1,420 | 1,757 | 1,895 | ||
| Income tax expense (benefit) | (171) | (223) | (151) | 209 | (22) | (193) | ||
| Net income: | 2,108 | 2,275 | 2,811 | 1,629 | 1,735 | 1,702 | ||
| Other undisclosed net income (loss) attributable to parent | 21 | 51 | (44) | (139) | 68 | 2 | ||
| Net income available to common stockholders, diluted: | 2,129 | 2,326 | 2,767 | 1,490 | 1,803 | 1,704 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 2,108 | 2,275 | 2,811 | 1,629 | 1,735 | 1,702 | ||
| Other comprehensive income (loss) | (41) | (55) | 135 | (72) | 12 | 125 | ||
| Comprehensive income: | 2,067 | 2,220 | 2,946 | 1,557 | 1,747 | 1,827 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 21 | 51 | (44) | (139) | 68 | 2 | ||
| Comprehensive income, net of tax, attributable to parent: | 2,088 | 2,271 | 2,902 | 1,418 | 1,815 | 1,829 | ||
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.