Stock Analysis on Net

Qualcomm Inc. (NASDAQ:QCOM)

Common-Size Income Statement 
Quarterly Data

Qualcomm Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Dec 28, 2025 Sep 28, 2025 Jun 29, 2025 Mar 30, 2025 Dec 29, 2024 Sep 29, 2024 Jun 23, 2024 Mar 24, 2024 Dec 24, 2023 Sep 24, 2023 Jun 25, 2023 Mar 26, 2023 Dec 25, 2022 Sep 25, 2022 Jun 26, 2022 Mar 27, 2022 Dec 26, 2021 Sep 26, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019
Equipment and services 85.42 85.84 85.80 85.24 85.20 83.28 85.10 84.67 83.70 84.46 84.11 84.59 82.26 86.06 84.73 84.35 81.10 81.75 79.75 78.63 78.23 58.96 77.54 77.65 69.61
Licensing 14.58 14.16 14.20 14.76 14.80 16.72 14.90 15.33 16.30 15.54 15.89 15.41 17.74 13.94 15.27 15.65 18.90 18.25 20.25 21.37 21.77 41.04 22.46 22.35 30.39
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of revenues -45.45 -44.66 -44.44 -44.97 -44.23 -43.61 -44.44 -43.73 -43.40 -44.95 -44.87 -44.78 -42.73 -42.72 -44.04 -41.63 -40.20 -42.17 -42.23 -43.25 -42.37 -33.13 -42.51 -44.04 -41.62
Gross profit 54.55% 55.34% 55.56% 55.03% 55.77% 56.39% 55.56% 56.27% 56.60% 55.05% 55.13% 55.22% 57.27% 57.28% 55.96% 58.37% 59.80% 57.83% 57.77% 56.75% 57.63% 66.87% 57.49% 55.96% 58.38%
Research and development -20.02 -21.03 -21.48 -20.18 -19.11 -22.47 -24.05 -23.82 -21.10 -24.74 -26.29 -23.83 -23.79 -19.11 -18.76 -18.22 -18.03 -20.13 -23.13 -22.43 -20.07 -18.95 -31.06 -28.14 -27.69
Selling, general and administrative -7.06 -8.07 -7.44 -6.43 -6.20 -7.43 -7.07 -7.53 -6.31 -7.28 -7.31 -6.62 -6.58 -5.99 -5.99 -5.59 -5.68 -6.62 -7.41 -7.02 -6.89 -6.61 -10.44 -9.26 -10.40
Other 0.00 -0.35 0.00 0.00 0.00 -1.29 -0.80 0.00 0.28 -6.70 0.05 -2.24 -0.85 0.00 9.68 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.00 0.44 0.00
Operating income 27.47% 25.89% 26.65% 28.42% 30.47% 25.20% 23.65% 24.92% 29.47% 16.34% 21.57% 22.53% 26.05% 32.17% 40.89% 34.56% 36.10% 31.08% 27.23% 27.30% 30.67% 41.37% 15.98% 19.00% 20.29%
Interest expense -1.38 -1.51 -1.62 -1.48 -1.40 -1.75 -1.79 -1.83 -1.79 -2.00 -2.04 -1.93 -1.80 -1.26 -0.64 -1.23 -1.30 -1.49 -1.71 -1.78 -1.71 -1.98 -2.92 -2.80 -2.92
Investment and other income (expense), net 2.86 1.98 3.45 1.35 2.08 1.89 2.41 3.51 2.13 2.12 1.25 -0.17 0.80 -0.45 -1.49 -2.67 1.31 5.58 2.48 1.31 2.66 0.23 4.68 -4.74 1.28
Income from continuing operations before income taxes 28.95% 26.36% 28.48% 28.28% 31.15% 25.35% 24.26% 26.61% 29.81% 16.45% 20.79% 20.43% 25.06% 30.46% 38.76% 30.66% 36.10% 35.18% 28.00% 26.83% 31.62% 39.62% 17.74% 11.46% 18.65%
Income tax expense -4.43 -54.01 -2.76 -2.67 -3.90 3.11 -1.82 -2.38 -1.52 2.42 -0.26 -2.08 -1.04 -4.81 -4.65 -4.38 -4.35 -5.19 -2.85 -4.63 -1.81 -4.15 -0.47 -2.49 -0.43
Income from continuing operations 24.52% -27.66% 25.72% 25.61% 27.25% 28.46% 22.44% 24.23% 28.29% 18.87% 20.53% 18.35% 24.02% 25.65% 34.11% 26.28% 31.75% 29.98% 25.15% 22.21% 29.81% 35.47% 17.27% 8.97% 18.22%
Discontinued operations, net of income taxes 0.00 0.00 0.00 0.00 0.00 0.04 0.22 0.54 -0.44 -1.61 0.80 0.02 -0.40 -0.44 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net income 24.52% -27.66% 25.72% 25.61% 27.25% 28.50% 22.67% 24.77% 27.85% 17.26% 21.33% 18.37% 23.62% 25.21% 34.11% 26.28% 31.75% 29.98% 25.15% 22.21% 29.81% 35.47% 17.27% 8.97% 18.22%

Based on: 10-Q (reporting date: 2025-12-28), 10-K (reporting date: 2025-09-28), 10-Q (reporting date: 2025-06-29), 10-Q (reporting date: 2025-03-30), 10-Q (reporting date: 2024-12-29), 10-K (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-23), 10-Q (reporting date: 2024-03-24), 10-Q (reporting date: 2023-12-24), 10-K (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-K (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-K (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29).