QCOM
QualcommPrevious close
164.79
Change
−20.62 / −11.12%
P/E (TTM) ?
19.0
Market Cap
$174B
1M
−10.46%
S&P 500 −0.91% over same period
Volume / Avg Volume
24.1M / 9.6M
2.51× average
Latest earnings analysisFY2026 Q3Reported 2026-07-29
Qualcomm Q3 FY2026: revenue falls 4.1%, handset sales slide 20%
Qualcomm's fiscal Q3 was a passing grade, not a strong one: revenue of $9.947 billion fell 4.1% and non-GAAP EPS of $2.21 missed the $2.2724 consensus, yet the top line landed at the high end of guidance. Read the quarter as a handset problem wrapped in a cost problem — automotive and IoT growth is real, but it is not yet big enough to offset a shrinking premium phone market.
Read the full analysis →Revenue$9.95BYoY −4.00%
EPS (non-GAAP)$2.21Missest. $2.27
Next-quarter revenue guidance$10.10B ±4%YoY +1.50%
Next-day move−2.62%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q3 Quarter ended 2026-06 | 2026-07-29 | $9.9B | Read analysis → |
| FY2026 Q2 Quarter ended 2026-03 | 2026-04-29 | $10.6B | Pending |
| FY2026 Q1 Quarter ended 2025-12 | 2026-02-04 | $12.3B | Pending |
| FY2025 Q4 Quarter ended 2025-09 | 2025-11-05 | $44.3B | Pending |
| FY2025 Q3 Quarter ended 2025-06 | 2025-07-30 | $10.4B | Pending |
| FY2025 Q2 Quarter ended 2025-03 | 2025-04-30 | $11.0B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 42 of its 5-year rangeMid-range
5-year range 14.6 – 33.6 · Median 20.6
Last 4 quarters: $9.3B in buybacks + $0 in dividends, 5.30% of market cap combined
P/E (TTM)
19.0
P/B
6.4
P/S
4.0
Dividend Yield
2.50%
Earnings Reaction
Over the last 6 reports, the stock moved ±7.7% on average on the first trading day after, rising 1 times
Most recent −2.62%
Guidance Credibility
Of the last 4 next-quarter revenue guides, 3 were met; actual results averaged 1.1% above guidance
Volatility & Correlation
1-year beta 2.87 · Correlation with S&P 500 0.54High beta
Annualized volatility 65% vs. 12% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 10 · $6.2MNet selling $6.2M
- 10-20Palkhiwala Akash J.EVP, CFO & COOSell$0.44M2,500 shares · 6 trades · Avg price 175.06
- 10-16CHAPLIN ANN CEVP, GenCounsel&CorpSecretarySell$0.32M1,827 shares · Avg price 174.75
- 10-02Grech Patricia YSVP, Chief Accounting OfficerSell$0.02M98 shares · Avg price 186.55
- 09-25AMON CRISTIANO RPresident & CEOSell$2.0M10,000 shares · Avg price 200.00
- 09-21AMON CRISTIANO RPresident & CEOSell$2.0M10,000 shares · Avg price 195.00
- 09-11Palkhiwala Akash J.EVP, CFO & COOSell$0.46M2,500 shares · 9 trades · Avg price 182.85
- 08-31Grech Patricia YSVP, Chief Accounting OfficerSell$0.04M208 shares · Avg price 170.00
- 08-21Grech Patricia YSVP, Chief Accounting OfficerSell$0.10M625 shares · Avg price 162.85
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 9.95 | −4.0% | 53.1% | 2.00 | 1.87 |
| FY2026 Q2 | 10.60 | −3.5% | 53.8% | 7.37 | 6.88 |
| FY2026 Q1 | 12.25 | +5.0% | 54.6% | 3.00 | 2.78 |
| FY2025 Q4 | 11.27 | +10.0% | 55.3% | -3.12 | -2.77 |
| FY2025 Q3 | 10.37 | +10.3% | 55.6% | 2.67 | 2.43 |
| FY2025 Q2 | 10.98 | +16.9% | 55.0% | 2.81 | 2.52 |
| FY2025 Q1 | 11.67 | +17.5% | 55.8% | 3.18 | 2.83 |
| FY2024 Q4 | 10.25 | +18.7% | 56.4% | 2.92 | 2.57 |
| FY2024 Q3 | 9.39 | +11.1% | 55.6% | 2.13 | 1.88 |
| FY2024 Q2 | 9.39 | +1.2% | 56.3% | 2.33 | 2.06 |
| FY2024 Q1 | 9.94 | +5.0% | 56.6% | 2.77 | 2.46 |
| FY2023 Q4 | 8.63 | −24.3% | 55.0% | 1.49 | 1.32 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| QCOM | 19.0 | −4.0% | 53.1% | −10.46% | Neutral |
| NVDA | 25.8 | +105.9% | 75.0% | −10.39% | Bullish |
| AAPL | 39.3 | +16.4% | 50.1% | +3.49% | Bullish |
| MSFT | 27.2 | +18.8% | 67.8% | +1.76% | Bullish |
| AVGO | 40.4 | +85.5% | 69.1% | −7.15% | Bullish |
| MU | 11.8 | +379.3% | 86.8% | −16.93% | Bullish |
| AMD | 143.0 | +50.1% | 53.8% | −17.48% | Bullish |
| INTC | — | +20.9% | 43.0% | −45.30% | Bullish |
| PLTR | 156.5 | +92.8% | 84.7% | −1.57% | Bullish |