Qualcomm Inc. (QCOM)

Common-Size Income Statement

Low level of difficulty

Qualcomm Inc., common-size consolidated income statement

	12 months ended	Sep 29, 2019		Sep 30, 2018		Sep 24, 2017		Sep 25, 2016		Sep 27, 2015		Sep 28, 2014
	Equipment and services
	Licensing
	Revenues
	Cost of revenues
	Gross profit
	Research and development
	Selling, general and administrative
	Other
	Operating income
	Interest expense
	Interest and dividend income
	Net gains on marketable securities
	Net gains on other investments
	Impairment losses on marketable securities and other investments
	Net gains (losses) on derivative instruments
	Equity in net losses of investees
	Net gains (losses) on foreign currency transactions
	Net gains on deconsolidation of subsidiaries
	Investment and other income, net
	Income from continuing operations before income taxes
	Income tax expense
	Income (loss) from continuing operations
	Discontinued operations, net of income taxes
	Net income (loss)
	Net loss attributable to noncontrolling interests
	Net income (loss) attributable to Qualcomm

Income statement item	Description	The company
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Qualcomm Inc.’s operating income as a percentage of revenues declined from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Income from continuing operations before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Qualcomm Inc.’s income from continuing operations before income taxes as a percentage of revenues declined from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Net income (loss) attributable to Qualcomm	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Qualcomm Inc.’s net income (loss) attributable to Qualcomm as a percentage of revenues declined from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.

	Qualcomm Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality

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Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality