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
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value to EBITDA (EV/EBITDA)
- Capital Asset Pricing Model (CAPM)
- Selected Financial Data since 2005
- Net Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Analysis of Debt
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: 2025-12-28), 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 asset composition of the company exhibits notable shifts over the analyzed period, spanning from December 2019 to September 2025. Overall, total assets demonstrate a general increasing trend, though with some fluctuations, particularly noticeable between March 2022 and September 2025.
- Cash and Cash Equivalents
- Cash and cash equivalents experienced a decline from approximately $11.1 billion in December 2019 to a low of $6.0 billion in March 2021. Subsequently, a recovery was observed, peaking at $9.2 billion in December 2023, before decreasing to $7.8 billion in June 2024 and $8.7 billion in September 2024. A further decline to $7.2 billion was noted in December 2024, followed by a slight increase to $7.2 billion in September 2025.
- Marketable Securities
- Marketable securities showed a substantial increase from $0.3 billion in December 2019 to a peak of $5.5 billion in June 2021. Following this peak, the value generally decreased, reaching $3.9 billion in September 2023. A subsequent increase occurred, reaching $5.6 billion in September 2024, before decreasing to $4.6 billion in December 2024. The value remained at $4.6 billion in September 2025.
- Accounts Receivable, Net
- Accounts receivable exhibited volatility throughout the period. It increased from $2.7 billion in December 2019 to $4.0 billion in September 2020, then decreased to $3.3 billion in March 2021. A subsequent rise to $4.0 billion occurred in December 2021, followed by a peak of $5.6 billion in June 2022. The value then decreased to $3.1 billion in March 2023, and fluctuated between $3.0 billion and $4.3 billion through September 2025.
- Inventories
- Inventories consistently increased from $1.4 billion in December 2019 to $6.9 billion in December 2022. This upward trend continued, reaching $6.6 billion in September 2023, and $6.5 billion in September 2025. This represents a significant accumulation of inventory over the observed timeframe.
- Goodwill
- Goodwill remained relatively stable between December 2019 and June 2021, fluctuating around $6.3 billion. A significant increase occurred in March 2021, reaching $7.2 billion, and continued to rise to $10.6 billion in September 2023. A substantial increase to $14.2 billion was observed in December 2025.
- Other Assets
- Other assets demonstrated a consistent upward trend, increasing from $5.4 billion in December 2019 to $13.2 billion in September 2024. A decrease to $12.9 billion was observed in December 2024, followed by a slight decrease to $7.7 billion in September 2025.
- Total Assets
- Total assets increased from $33.1 billion in December 2019 to a peak of $41.2 billion in September 2024. A decrease to $50.1 billion was observed in December 2024, followed by a decrease to $53.0 billion in September 2025. The increase in total assets is largely driven by increases in non-current assets, particularly goodwill and other assets.
The company’s asset structure has evolved, with a notable increase in goodwill and other assets, alongside a significant accumulation of inventories. Fluctuations in cash and marketable securities suggest active cash management. The changes in accounts receivable indicate potential shifts in credit policies or sales terms. The overall trend in total assets suggests growth, although recent periods show some volatility.