QUALCOMM Incorporated (QCOM)

QUALCOMM Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	35,820	44,200	33,566	23,531	24,273
Revenue Growth (YoY)	-18.96%	31.68%	42.65%	-3.06%	7.35%
Cost of Revenue	15,869	18,635	14,262	9,255	8,599
Gross Profit	19,951	25,565	19,304	14,276	15,674
Selling, General & Admin	2,483	2,570	2,339	2,074	2,195
Research & Development	8,818	8,194	7,176	5,975	5,398
Other Operating Expenses	862	-1,059	0	-28	414
Operating Expenses	12,163	9,705	9,515	8,021	8,007
Operating Income	7,788	15,860	9,789	6,255	7,667
Interest Expense / Income	694	490	559	602	627
Other Expense / Income	-242	422	-1,044	-66	-441
Pretax Income	7,336	14,948	10,274	5,719	7,481
Income Tax	104	2,012	1,231	521	3,095
Net Income	7,232	12,936	9,043	5,198	4,386
Net Income Growth	-44.09%	43.05%	73.97%	18.51%	-
Shares Outstanding (Basic)	1,117	1,123	1,131	1,135	1,210
Shares Outstanding (Diluted)	1,126	1,137	1,149	1,149	1,220
Shares Change	-0.97%	-1.04%	-	-5.82%	-16.61%
EPS (Basic)	6.47	11.52	7.99	4.58	3.63
EPS (Diluted)	6.42	11.37	7.87	4.52	3.59
EPS Growth	-43.54%	44.47%	74.12%	25.91%	-
Free Cash Flow	9,976	6,839	8,651	4,407	6,399
Free Cash Flow Per Share	8.93	6.09	7.65	3.88	5.29
Dividend Per Share	3.100	2.860	2.660	2.540	2.480
Dividend Growth	8.39%	7.52%	4.72%	2.42%	4.20%
Gross Margin	55.70%	57.84%	57.51%	60.67%	64.57%
Operating Margin	21.74%	35.88%	29.16%	26.58%	31.59%
Profit Margin	20.19%	29.27%	26.94%	22.09%	18.07%
Free Cash Flow Margin	27.85%	15.47%	25.77%	18.73%	26.36%
Effective Tax Rate	1.42%	13.46%	11.98%	9.11%	41.37%
EBITDA	9,839	17,200	12,415	7,714	9,509
EBITDA Margin	27.47%	38.91%	36.99%	32.78%	39.18%
Depreciation & Amortization	1,809	1,762	1,582	1,393	1,401
EBIT	8,030	15,438	10,833	6,321	8,108
EBIT Margin	22.42%	34.93%	32.27%	26.86%	33.40%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).