Stock Analysis on Net

Qualcomm Inc. (NASDAQ:QCOM)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Qualcomm Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
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
Trade accounts payable
Payroll and other benefits related liabilities
Unearned revenues
Short-term debt
Held for sale liabilities
Other current liabilities
Current liabilities
Unearned revenues
Long-term debt
Held for sale liabilities
Other liabilities
Noncurrent liabilities
Total liabilities
Preferred stock, $0.0001 par value; none outstanding
Common stock and paid-in capital, $0.0001 par value
Retained earnings
Accumulated other comprehensive income (loss)
Stockholders’ equity
Total liabilities and stockholders’ equity

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).


The composition of liabilities and stockholders’ equity exhibited notable shifts over the observed period, spanning from December 2019 to September 2025. Overall, a general trend towards increasing stockholders’ equity and fluctuating liabilities is apparent. The most significant changes occurred between 2019 and 2023, followed by a period of relative stabilization.

Current Liabilities
Current liabilities, as a percentage of total liabilities and stockholders’ equity, initially increased from 27.77% in December 2019 to a peak of 30.60% in March 2020. Subsequently, these decreased to 20.16% by December 2022, before experiencing a modest increase to 24.21% in June 2022. A further decline to 14.22% was observed in December 2024, followed by a slight increase to 18.24% in September 2025. Within current liabilities, trade accounts payable demonstrated a decreasing trend from 5.19% to 4.64% between December 2019 and September 2024, with a slight increase to 5.57% in September 2025. Short-term debt showed considerable volatility, peaking at 7.87% in March 2022, but declining to 2.47% by September 2024, and then increasing to 2.59% in September 2025. Other current liabilities exhibited a substantial decrease from 10.66% in December 2019 to 6.55% in December 2024, before rising to 8.29% in September 2025.
Noncurrent Liabilities
Noncurrent liabilities generally decreased over the period, starting at 58.60% in December 2019 and reaching a low of 36.78% in September 2025. Long-term debt, the primary component of noncurrent liabilities, followed a similar pattern, decreasing from 40.58% to 24.06% over the same timeframe. Other liabilities also showed a decreasing trend, from 14.82% to 9.10% during the period. The held for sale liabilities were minimal for most of the period, with some fluctuations.
Stockholders’ Equity
Stockholders’ equity demonstrated a consistent upward trend, increasing from 13.63% in December 2019 to 43.51% in September 2025. Retained earnings were the dominant driver of this increase, rising from 13.22% to 42.42% over the period. Common stock and paid-in capital remained relatively small, with some minor fluctuations. Accumulated other comprehensive income (loss) showed some volatility, but generally increased from 0.41% to 1.08%.
Total Liabilities
Total liabilities decreased from 86.37% in December 2019 to 57.72% in September 2025. This decline was primarily driven by the reduction in both current and noncurrent liabilities. The period between March 2020 and September 2021 saw a more pronounced decrease in total liabilities, indicating a period of debt reduction or increased equity financing.

In summary, the balance sheet composition shifted significantly over the analyzed period, with a notable increase in stockholders’ equity and a corresponding decrease in total liabilities. This suggests a strengthening financial position and a potential reduction in financial risk. The fluctuations within current liabilities warrant continued monitoring, particularly regarding short-term debt and trade accounts payable.