Stock Analysis on Net

Qualcomm Inc. (NASDAQ:QCOM)

$24.99

Net Profit Margin
since 2005

Microsoft Excel

Calculation

Qualcomm Inc., net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-24), 10-K (reporting date: 2016-09-25), 10-K (reporting date: 2015-09-27), 10-K (reporting date: 2014-09-28), 10-K (reporting date: 2013-09-29), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-25), 10-K (reporting date: 2010-09-26), 10-K (reporting date: 2009-09-27), 10-K (reporting date: 2008-09-28), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-24), 10-K (reporting date: 2005-09-25).

1 US$ in millions

Net Income (Loss)
The net income exhibited a generally upward trajectory from 2005 to 2014, rising from $2.143 billion to a peak of $7.967 billion, indicating strong profitability growth during this period. However, a notable decline occurred in 2015, with net income dropping to $5.271 billion, followed by fluctuations over subsequent years. A significant loss was recorded in 2018, with net income plummeting to negative $4.864 billion. Recovery ensued starting in 2019, with net income rebounding to positive territory and reaching $12.936 billion in 2022, before decreasing to $7.232 billion in 2023 and rising again to $10.142 billion in 2024. This pattern suggests periods of volatility possibly due to extraordinary events or market conditions impacting profitability.
Revenues
Revenues demonstrated consistent growth across the examined period, increasing from $5.673 billion in 2005 to a peak of $44.200 billion in 2022. Despite some declines in 2014 and 2015, the overall trend was upward, reflecting expanding business operations or increased market demand. Following the peak in 2022, revenues declined to $35.820 billion in 2023 but showed a moderate recovery reaching $38.962 billion in 2024. The significant growth over the long term reflects successful revenue generation strategies despite short-term fluctuations.
Net Profit Margin
The net profit margin showed variability corresponding to fluctuations in net income and revenues. From 2005 to 2007, margins remained high, peaking at 37.78% in 2005 before gradually declining to about 27.56% in 2013. A sharp drop occurred in 2018 when the margin turned negative (-21.4%), coinciding with the negative net income, indicating a period of financial difficulty. Following this, profitability margins recovered steadily to 29.27% in 2022, reflecting improved operational efficiency or cost management. However, 2023 saw a decrease to 20.19%, with a subsequent increase to 26.03% in 2024. This volatility highlights sensitivity to earnings fluctuations and suggests periods of operational challenges and recoveries.

Comparison to Competitors

Qualcomm Inc., net profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-24), 10-K (reporting date: 2016-09-25), 10-K (reporting date: 2015-09-27), 10-K (reporting date: 2014-09-28), 10-K (reporting date: 2013-09-29), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-25), 10-K (reporting date: 2010-09-26), 10-K (reporting date: 2009-09-27), 10-K (reporting date: 2008-09-28), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-24), 10-K (reporting date: 2005-09-25).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

Qualcomm Inc., net profit margin, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-24), 10-K (reporting date: 2016-09-25), 10-K (reporting date: 2015-09-27), 10-K (reporting date: 2014-09-28), 10-K (reporting date: 2013-09-29), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-25), 10-K (reporting date: 2010-09-26), 10-K (reporting date: 2009-09-27), 10-K (reporting date: 2008-09-28), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-24), 10-K (reporting date: 2005-09-25).


Comparison to Industry (Information Technology)