QUALCOMM Incorporated's Stock Analysis

Qualcomm Reports Record Revenues and Shareholder Returns for Q1 2026

Qualcomm Incorporated announced its financial results for the first quarter of fiscal 2026, reporting record revenues of $12.3 billion. The company achieved a GAAP earnings per share (EPS) of $2.78 and a Non-GAAP EPS of $3.50. Notably, Qualcomm's QCT automotive revenues exceeded $1 billion for the second consecutive quarter. The company also completed the acquisition of Alphawave Semi, which is expected to enhance its data center capabilities.

In the first quarter, Qualcomm returned $3.6 billion to shareholders, comprising $949 million in cash dividends and $2.6 billion in share repurchases. The company acknowledged challenges in the handset market due to industry-wide memory supply constraints but expressed optimism regarding demand for premium smartphones. Qualcomm's ongoing initiatives and strategic acquisitions are aimed at supporting future growth in various sectors, including personal and industrial AI.

Feb 04, 2026 16:00:59

Director Departure Announcement Affecting QUALCOMM's Board Composition

Christopher D. Young, a member of QUALCOMM's Board of Directors, has announced his decision to step down from the Board effective at the Company's 2026 Annual Meeting of Stockholders. This decision is due to his new role as Chief Executive Officer and a board member of Vertex, Inc., which requires a significant time commitment.

The departure of a board member may impact the governance structure of QUALCOMM. Investors should note this change as it could influence the company's strategic direction and overall management dynamics.

Jan 16, 2026 16:02:23

QUALCOMM Board Member Kornelis Smit to Retire in 2026

Kornelis (Neil) Smit, a director on QUALCOMM's Board, has announced his retirement effective at the Company’s 2026 Annual Meeting of Stockholders. Smit has served on the Board for nearly eight years.

This transition in the Board's composition may impact investor sentiment and the company's governance structure as it prepares for the upcoming annual meeting.

Dec 16, 2025 17:22:18

QUALCOMM Amends Bylaws for Stockholder Special Meetings

On December 9, 2025, QUALCOMM Incorporated's Board of Directors approved the Amended and Restated Bylaws, which allow stockholders with at least 25% net long ownership of the company's common stock to call a special meeting. This ownership must be held continuously for at least one year before the request for a special meeting can be made. The amendments also include various clarifications and technical changes to the bylaws.

The new bylaws establish requirements for information and timing to ensure that stockholders are adequately informed about special meetings and to prevent the unnecessary use of resources from multiple meetings occurring in a short timeframe. The full text of the Amended and Restated Bylaws is available as an exhibit with the filing.

Dec 10, 2025 16:15:25

Qualcomm Reports Fiscal 2025 Revenue and Earnings Results

Qualcomm Incorporated announced its financial results for the fourth quarter and fiscal year ending September 28, 2025, reporting GAAP revenues of $44.3 billion and GAAP earnings per share (EPS) of $5.01. The company highlighted a record fiscal year for its Qualcomm CDMA Technologies (QCT) segment, with non-Apple revenues growing 18% year-over-year and combined revenues from automotive and Internet of Things (IoT) growing 27% year-over-year. Additionally, a non-cash charge of $5.7 billion was recorded in the fourth quarter due to recent U.S. tax legislation affecting deferred tax assets, impacting GAAP results but excluded from Non-GAAP metrics.

The company has indicated that its effective tax rate is expected to remain in the range of 13% to 14% in the future, with anticipated lower cash tax payments. Qualcomm's earnings conference call was scheduled for November 5, 2025, to discuss these results further, including the implications of Non-GAAP financial measures. Investors are encouraged to review the information available on Qualcomm's Investor Relations website for a comprehensive understanding of the company’s financial performance and outlook.

Nov 05, 2025 16:01:12

QUALCOMM Elects New Board Member and Compensation Details

QUALCOMM Incorporated has elected Dr. Jeremy (Zico) Kolter to its Board of Directors, effective September 2, 2025. Dr. Kolter, who is a Professor and Department Head at Carnegie Mellon University, will serve until the next annual meeting of stockholders and has also been appointed to the Governance Committee. There are no reported arrangements or transactions between Dr. Kolter and the Company that require disclosure under Regulation S-K.

As part of his compensation as a non-employee director, Dr. Kolter will receive 1,049 deferred stock units (DSUs) under the Qualcomm Incorporated 2025 Director Compensation Plan. This grant represents a pro rata portion of the value of a full year's DSU award. Details regarding the Director Compensation Plan can be found in Exhibit 10.21 of the Company's Form 10-K for the fiscal year ending September 29, 2024.

Sep 02, 2025 16:06:34

QUALCOMM Appoints New Chief Accounting Officer and Role Changes

Neil Martin has transitioned from his role as Senior Vice President, Finance and Chief Accounting Officer to Senior Vice President of Corporate Development, effective August 25, 2025. He will now oversee the company's Mergers & Acquisitions efforts and other strategic initiatives, stepping down immediately from his previous position.

Patricia Grech has been appointed as the new Senior Vice President and Chief Accounting Officer, effective immediately. Grech has been with QUALCOMM since 2006 and held various finance roles, most recently serving as Vice President, Finance and Controller. Her new role includes a base salary of $380,546, a target bonus of 35% of her salary starting in fiscal year 2026, and a promotion grant of restricted stock units valued at $85,000.

Aug 25, 2025 16:37:44

Qualcomm Reports Third Quarter Fiscal 2025 Financial Results

Qualcomm Incorporated reported revenues of $10.4 billion for its third quarter of fiscal 2025, with a GAAP earnings per share (EPS) of $2.43 and a Non-GAAP EPS of $2.77. The company experienced a 23% year-over-year growth in combined Automotive and IoT revenues, highlighting the success of its diversification strategy. Additionally, Qualcomm achieved record quarterly revenues in its QCT Automotive segment and returned $3.8 billion to stockholders, which included $967 million in cash dividends and $2.8 billion in share repurchases.

The company emphasized its commitment to an accelerated buyback program for fiscal year 2025. Qualcomm's financial results indicate a strong performance in the automotive and IoT sectors, which may influence investor confidence. The company plans to continue providing transparency through its use of Non-GAAP financial measures, which are intended to offer a clearer understanding of its operational performance. Investors are encouraged to review the detailed financial information available on Qualcomm's Investor Relations website.

Jul 30, 2025 16:01:22

QUALCOMM Announces $1.5 Billion Notes Offering with Various Maturities

QUALCOMM Incorporated has completed an Officers’ Certificate related to the sale of $1.5 billion in senior unsecured notes, consisting of three series: $500 million in 4.500% Notes due 2030, $400 million in 4.750% Notes due 2032, and $600 million in 5.000% Notes due 2035. Interest on these notes will be paid semiannually beginning on November 20, 2025, with the company having the option to redeem some or all of the notes at specified prices. The notes rank equally with the company's other senior debt and are subject to customary events of default provisions in the Indenture agreement.

The company has entered into an underwriting agreement with several financial institutions to facilitate the public offering of these notes, which is part of its shelf registration statement filed with the SEC. The offering aims to raise capital for general corporate purposes and may impact the company's financial position and stock performance in the future.

May 22, 2025 16:05:20

Qualcomm Reports $11 Billion Revenue and Strong Earnings Growth

Qualcomm Incorporated announced its financial results for the second quarter of fiscal 2025, reporting GAAP revenues of $11.0 billion and a GAAP earnings per share (EPS) of $2.52, reflecting a 17% increase in revenues and a 22% increase in EPS compared to the same quarter last year. The company's earnings before taxes (EBT) grew by 24%, and notable growth was observed in the QCT segment, with combined automotive and IoT revenues increasing by 38% year-over-year.

In terms of shareholder returns, Qualcomm returned $2.7 billion to stockholders during the quarter, which included $938 million in cash dividends and $1.7 billion in stock repurchases. The company provided guidance for the next quarter, estimating revenues between $9.9 billion and $10.7 billion, with a non-GAAP diluted EPS forecast of $2.60 to $2.80. The results highlight Qualcomm's ongoing focus on diversifying its revenue streams and maintaining operational efficiencies amid a challenging macroeconomic environment.

Apr 30, 2025 16:04:10