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)

9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,6316,67611,5296,3826,84815,515
Cash and cash equivalents6,0873,4884,8082,7732,6767,173
Short-term investments2,5443,1886,7213,6094,1728,342
Receivables   4,208  
Inventory, net of allowances, customer advances and progress billings6,6286,8586,9326,3415,4184,555
Inventory6,6286,8586,9326,3415,4184,555
Disposal group, including discontinued operation317816721733950 
Other current assets1,0501,0321,2471,6251,9791,425
Other undisclosed current assets3,8503,6916691,4353,804115
Total current assets:20,47619,07321,09820,72418,99921,610
Noncurrent Assets
Property, plant and equipment5,2165,2815,2155,1685,0384,893
Intangible assets, net (including goodwill)12,20912,30612,36212,39012,6738,519
Goodwill10,59110,57910,56610,50810,7197,261
Intangible assets, net (excluding goodwill)1,6181,7271,7961,8821,9541,258
Disposal group, including discontinued operation, noncurrent assets2181,2511,1991,200916 
Deferred income tax assets2,7732,4772,0921,8031,7781,545
Other noncurrent assets8,1107,9748,0487,7297,6167,735
Total noncurrent assets:28,52629,28928,91628,29028,02122,692
TOTAL ASSETS:49,00248,36250,01449,01447,02044,302
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,2902,6574,0226,7685,3304,848
Employee-related liabilities1,4861,5781,124
Accounts payable1,7441,4302,5623,7963,7523,724
Accrued liabilities1,5461,2271,4601,486  
Deferred revenue249277289369463534
Debt9144991,4461,9451,9453,485
Disposal group, including discontinued operation300648646581677 
Other liabilities3,7103,7853,6783,6893,4144,565
Other undisclosed current liabilities    (1,486)  
Total current liabilities:8,4637,86610,08111,86611,82913,432
Noncurrent Liabilities
Long-term debt and lease obligation  15,43114,11013,600 
Long-term debt, excluding current maturities  15,43113,53713,600 
Liabilities, other than long-term debt1,2261,3041,6883,8351,7881,707
Accounts payable and accrued liabilities1,0981,0841,4721,4721,4801,479
Deferred revenue92104105144180228
Liability for uncertainty in income taxes   2,100  
Disposal group, including discontinued operation, liabilities36116111119128 
Operating lease, liability   573  
Other undisclosed noncurrent liabilities18,64319,4944,0041,1903,75515,835
Total noncurrent liabilities:19,86920,79821,12319,13519,14317,542
Total liabilities:28,33228,66431,20431,00130,97230,974
Equity
Equity, attributable to parent20,59319,69818,81017,81816,04813,328
Accumulated other comprehensive income (loss)430418293(22)218215
Retained earnings20,16319,28018,51717,84015,83013,113
Other undisclosed equity77  195  
Total equity:20,67019,69818,81018,01316,04813,328
TOTAL LIABILITIES AND EQUITY:49,00248,36250,01449,01447,02044,302

Income Statement (P&L) ($ in millions)

9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
Revenues8,4519,2759,46311,39510,93611,164
Cost of revenue(3,792)(4,153)(4,044)(4,868)(4,816)(4,648)
Gross profit:4,6595,1225,4196,5276,1206,516
Operating expenses(2,840)(2,824)(2,874)(3,343)(2,707)(2,658)
Other operating income (expense), net4(208)(80) 1,059 
Other undisclosed operating income   482  
Operating income:1,8232,0902,4653,6664,4723,858
Nonoperating income (expense)106(16)76(51)(163)(298)
Investment income, nonoperating795976(51)(163)(298)
Other nonoperating income (expense)4(18)    
Interest and debt expense(172)(179)(170)(145)(70)(137)
Income from continuing operations before income taxes:1,7571,8952,3713,4704,2393,423
Income tax expense (benefit)(22)(193)(98)(547)(509)(489)
Income from continuing operations:1,7351,7022,2732,9233,7302,934
Income before gain (loss) on sale of properties:2,9233,7302,934
Net income:1,7351,7022,2732,9233,7302,934
Other undisclosed net income (loss) attributable to parent682(38)(50)  
Net income available to common stockholders, diluted:1,8031,7042,2352,8733,7302,934

Comprehensive Income ($ in millions)

9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
Net income:1,7351,7022,2732,9233,7302,934
Other comprehensive income (loss)12125315(240)3157
Comprehensive income:1,7471,8272,5882,6833,7333,091
Other undisclosed comprehensive income (loss), net of tax, attributable to parent682(38)(50)  
Comprehensive income, net of tax, attributable to parent:1,8151,8292,5502,6333,7333,091

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: