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QUALCOMM stock: growth
QCOMQUALCOMM reported $43.12B in revenue for fiscal 2026, down 2.6% on the prior year, up 5.1% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
8.7%
per year from 2007 to 2026, per share 11.3%
Earnings (Annual rate)
7.7%
per year from 2007 to 2026, per share 10.3%
Free cash flow (Annual rate)
5.7%
per year from 2007 to 2026, per share 8.2%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 5.1% | 6.2% | 8.7% |
| Revenue per share | 6.4% | 9.8% | 11.3% |
| Earnings | 8.5% | 9.1% | 7.7% |
| Earnings per share | 9.9% | 12.8% | 10.3% |
| Free cash flow | 0.0% | 2.3% | 5.7% |
| Free cash flow per share | 1.2% | 5.8% | 8.2% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $8.87B | $3.3B | $2.99B |
| 2008 | $11.14B | $3.16B | $2.16B |
| 2009 | $10.42B | $1.59B | $6.41B |
| 2010 | $10.99B | $3.25B | $3.65B |
| 2011 | $14.96B | $4.26B | $4.31B |
| 2012 | $19.12B | $6.11B | $4.71B |
| 2013 | $24.87B | $6.85B | $7.73B |
| 2014 | $26.49B | $7.97B | $7.7B |
| 2015 | $25.28B | $5.27B | $4.51B |
| 2016 | $23.55B | $5.71B | $6.86B |
| 2017 | $22.29B | $2.47B | $4B |
| 2018 | $22.73B | −$4.96B | $3.11B |
| 2019 | $24.27B | $4.39B | $6.4B |
| 2020 | $23.53B | $5.2B | $4.41B |
| 2021 | $33.57B | $9.04B | $8.65B |
| 2022 | $44.2B | $12.94B | $6.83B |
| 2023 | $35.82B | $7.23B | $9.85B |
| 2024 | $38.96B | $10.14B | $11.16B |
| 2025 | $44.28B | $5.54B | $12.82B |
| 2026 | $43.12B | $13.63B | $8.65B |
Revenue by segment
How QUALCOMM Incorporated makes its money and how that has shifted. Names are as the company reports them.
- Qct86%
- Qtl13%
- Other< 1%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Qct | $16.48B | $17.28B | $14.64B | $16.49B | $27.02B | $37.68B | $30.38B | $33.2B | $38.37B | $37.21B | 86.3% |
| Qtl | $6.45B | $5.16B | $4.59B | $5.03B | $6.32B | $6.36B | $5.31B | $5.57B | $5.58B | $5.56B | 12.9% |
| Other | $0 | $287M | $5.04B | $2.01B | $0 | $0 | $0 | $0 | $0 | $0 | 0% |
| Total revenue | $22.29B | $22.73B | $24.27B | $23.53B | $33.57B | $44.2B | $35.82B | $38.96B | $44.28B | $43.12B | 100% |
Revenue by region
Where QUALCOMM Incorporated generates its revenue.
- China62%
- Viet Nam13%
- South Korea9%
- United States4%
- Other12%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2022 | 2023 | Share 2023 | |
|---|---|---|---|
| China | $28.12B | $22.38B | 62.5% |
| Viet Nam | $6.06B | $4.55B | 12.7% |
| South Korea | $3.16B | $3.27B | 9.1% |
| United States | $1.48B | $1.26B | 3.5% |
| Other | $5.37B | $4.36B | 12.2% |
| Total revenue | $44.2B | $35.82B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 27 Sep 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 7 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.