Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Paying user area
Try for free
Qualcomm Inc. pages available for free this week:
- Common-Size Income Statement
- Common-Size Balance Sheet: Assets
- Analysis of Long-term (Investment) Activity Ratios
- Dividend Discount Model (DDM)
- Selected Financial Data since 2005
- Net Profit Margin since 2005
- Operating Profit Margin since 2005
- Current Ratio since 2005
- Debt to Equity since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Qualcomm Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Qualcomm Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 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), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30).
The analysis of the quarterly financial data for the company reveals several notable trends across liquidity, receivables, inventories, assets, and other key balance sheet components over the observed periods.
- Cash and Cash Equivalents
- The cash and cash equivalents balance demonstrates a fluctuating pattern. Beginning at approximately $10.1 billion at the end of 2018, it peaked near $13.9 billion mid-2019 and then declined steadily, reaching lows around $2.7 billion by mid-2022. Subsequently, the balance recovered, rising back to approximately $9.2 billion in late 2023 before experiencing a decline again into mid-2025. This variability suggests cyclical liquidity management and potentially operational cash flow fluctuations.
- Restricted Cash
- Restricted cash appears only in the late data points, reaching about $2.3 billion, indicating new or previously unreported constraints on cash usage emerging towards the end of the dataset.
- Marketable Securities
- Marketable securities show an overall upward trend, starting from $249 million in late 2018 and growing sharply through 2020, peaking above $6.6 billion during mid-2025 before a slight decrease towards the end of the period. This consistent increase suggests an investment strategy favoring liquid marketable assets.
- Accounts Receivable, Net
- Accounts receivable experienced volatility. Initially fluctuating around $3 to $4 billion, it dropped sharply during mid-2020 but rebounded to near previous levels by late 2021. The latter period shows some decline but remains in the $3 to $4 billion range, indicating variability in credit sales or collection efficiency.
- Inventories
- Inventory levels have steadily increased from about $1.7 billion in late 2018 to roughly $6.3 billion by mid-2025, reflecting growing stockpiles which may correspond to increased production capacity or strategic build-up to meet demand.
- Held for Sale Assets
- Held-for-sale assets, visible only in the latter periods starting in 2022, show minor fluctuations within the $200 million to $950 million range, potentially indicating asset disposals or restructuring activity.
- Other Current Assets and Current Assets
- Other current assets expanded from $855 million to nearly $2.8 billion, with current assets following a similar overall growth trajectory from about $16.3 billion to $26 billion. This highlights expansion in short-term asset holdings and possibly operational scale.
- Deferred Tax Assets
- Deferred tax assets increased markedly from roughly $3.9 billion at the beginning to over $6.1 billion towards mid-2025, indicating shifts in tax timing differences and potentially growing future tax benefits.
- Property, Plant, and Equipment, Net
- Net property, plant, and equipment exhibited a modest increase from about $2.9 billion to over $5.2 billion by late 2021, with some slight declines thereafter. This suggests moderate capital investment with stabilization or slight divestment in physical assets in later periods.
- Goodwill
- Goodwill remained relatively stable initially around $6.3 billion but increased significantly in early 2021 to over $10.7 billion, further rising steadily to surpass $11.3 billion by mid-2025. This jump indicates substantial acquisitions or revaluations enhancing intangible asset values.
- Other Intangible Assets, Net
- Other intangible assets decreased from around $2.7 billion in 2018 to approximately $1.2 billion by mid-2025, pointing to amortization effects or impairment charges over time.
- Other Assets and Noncurrent Assets
- Other assets grew notably from about $2 billion to around $8.2 billion mid-2021, then stayed relatively stable before slight decreases in the final periods. Noncurrent assets overall rose from approximately $17.7 billion to nearly $30 billion, indicating expansion of long-term assets through investment or acquisition.
- Total Assets
- Total assets remained fairly stable initially around $34 billion but grew steadily since 2020, reaching over $55 billion by late 2024 and tapering slightly thereafter. This growth reflects overall asset base expansion driven by increases in cash equivalents, marketable securities, goodwill, and noncurrent assets.
In summary, the company shows considerable asset growth mainly driven by investments and acquisitions indicated by rising goodwill and other noncurrent assets. Liquidity measures have been volatile but generally stable in recent periods. Increasing inventories and other current assets align with operational scaling. The decrease in intangible assets suggests ongoing amortization, while significant deferred tax asset growth points to evolving tax position dynamics. Overall, the financial data depicts a company with growing scale and asset base amid managed fluctuations in liquid resources.