QUALCOMM Incorporated (QCOM)

QUALCOMM Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 29, 2024	Sep 29, 2024	Sep 24, 2023	Sep 25, 2022	Sep 26, 2021	Sep 27, 2020
Revenue	40,696	38,962	35,820	44,200	33,566	23,531
Revenue Growth (YoY)	12.13%	8.77%	-18.96%	31.68%	42.65%	-3.06%
Cost of Revenue	17,909	17,060	15,869	18,635	14,262	9,255
Gross Profit	22,787	21,902	19,951	25,565	19,304	14,276
Selling, General & Admin	2,855	2,759	2,483	2,570	2,339	2,074
Research & Development	9,027	8,893	8,818	8,194	7,176	5,975
Other Operating Expenses	25	-3	-	-	-	-
Operating Expenses	11,907	11,649	11,301	10,764	9,515	8,049
Operating Income	10,880	10,253	8,650	14,801	9,789	6,227
Interest Expense	-682	-697	-694	-490	-559	-602
Interest & Investment Income	695	675	313	91	83	156
Earnings From Equity Investments	-	-	-	-	-	-21
Currency Exchange Gain (Loss)	-	-	-	-	-	-25
Other Non Operating Income (Expenses)	167	177	72	-166	97	55
EBT Excluding Unusual Items	11,060	10,408	8,341	14,236	9,410	5,790
Merger & Restructuring Charges	-107	-107	-712	-	-	-
Gain (Loss) on Sale of Investments	131	110	-36	-297	864	-99
Legal Settlements	-75	-75	-	1,059	-	28
Pretax Income	11,009	10,336	7,443	14,998	10,274	5,719
Income Tax Expense	530	226	104	2,012	1,231	521
Earnings From Continuing Operations	10,479	10,110	7,339	12,986	9,043	5,198
Earnings From Discontinued Operations	76	32	-107	-50	-	-
Net Income to Company	10,555	10,142	7,232	12,936	9,043	5,198
Net Income	10,555	10,142	7,232	12,936	9,043	5,198
Net Income to Common	10,555	10,142	7,232	12,936	9,043	5,198
Net Income Growth	35.95%	40.24%	-44.09%	43.05%	73.97%	18.51%
Shares Outstanding (Basic)	1,115	1,116	1,117	1,123	1,131	1,135
Shares Outstanding (Diluted)	1,129	1,130	1,126	1,137	1,149	1,149
Shares Change (YoY)	0.33%	0.36%	-0.97%	-1.04%	-	-5.82%
EPS (Basic)	9.47	9.09	6.47	11.52	8.00	4.58
EPS (Diluted)	9.33	8.97	6.42	11.37	7.87	4.52
EPS Growth	35.10%	39.59%	-43.47%	44.42%	74.12%	25.91%
Free Cash Flow	12,736	11,161	9,849	6,834	8,648	4,407
Free Cash Flow Per Share	11.28	9.88	8.75	6.01	7.53	3.84
Dividend Per Share	3.350	3.300	3.100	2.860	2.660	2.540
Dividend Growth	6.35%	6.45%	8.39%	7.52%	4.72%	2.42%
Gross Margin	55.99%	56.21%	55.70%	57.84%	57.51%	60.67%
Operating Margin	26.73%	26.32%	24.15%	33.49%	29.16%	26.46%
Profit Margin	25.94%	26.03%	20.19%	29.27%	26.94%	22.09%
Free Cash Flow Margin	31.30%	28.65%	27.50%	15.46%	25.76%	18.73%
EBITDA	12,585	11,959	10,459	16,563	11,371	7,620
EBITDA Margin	30.92%	30.69%	29.20%	37.47%	33.88%	32.38%
D&A For EBITDA	1,705	1,706	1,809	1,762	1,582	1,393
EBIT	10,880	10,253	8,650	14,801	9,789	6,227
EBIT Margin	26.73%	26.32%	24.15%	33.49%	29.16%	26.46%
Effective Tax Rate	4.81%	2.19%	1.40%	13.42%	11.98%	9.11%
Revenue as Reported	40,696	38,962	35,820	44,200	33,566	23,531

Source: S&P Capital IQ. Standard template. Financial Sources.