Q

QUALCOMM INC/DE

QCOM · CIK 0000804328

19 fiscal years · 69 SEC filings · every number carries its receipt

Revenue (FY)
$44.28B13.7%
FY2025
Net income (FY)
$5.54B45.4%
FY2025
Free cash flow (FY)
$12.82B14.9%
FY2025
Diluted EPS (FY)
$5.0144.1%
FY2025
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20B$40BFY2007 · Revenue $8.87B · Net income $3.30B · 0000950123-09-057827 · filed 2009-11-05FY07Revenue $8.87BNet income $3.30B0000950123-09-057827 · filed 2009-11-05FY2008 · Revenue $11.14B · Net income $3.16B · 0000950123-10-100207 · filed 2010-11-03FY08Revenue $11.14BNet income $3.16B0000950123-10-100207 · filed 2010-11-03FY2009 · Revenue $10.39B · Net income $1.59B · 0001234452-11-000360 · filed 2011-11-02FY09Revenue $10.39BNet income $1.59B0001234452-11-000360 · filed 2011-11-02FY2010 · Revenue $10.98B · Net income $3.25B · 0001234452-12-000371 · filed 2012-11-07FY10Revenue $10.98BNet income $3.25B0001234452-12-000371 · filed 2012-11-07FY2011 · Revenue $14.96B · Net income $4.26B · 0001234452-13-000483 · filed 2013-11-06FY11Revenue $14.96BNet income $4.26B0001234452-13-000483 · filed 2013-11-06FY2012 · Revenue $19.12B · Net income $6.11B · 0001234452-14-000320 · filed 2014-11-05FY12Revenue $19.12BNet income $6.11B0001234452-14-000320 · filed 2014-11-05FY2013 · Revenue $24.87B · Net income $6.85B · 0001234452-15-000271 · filed 2015-11-04FY13Revenue $24.87BNet income $6.85B0001234452-15-000271 · filed 2015-11-04FY2014 · Revenue $26.49B · Net income $7.97B · 0001234452-16-000552 · filed 2016-11-02FY14Revenue $26.49BNet income $7.97B0001234452-16-000552 · filed 2016-11-02FY2015 · Revenue $25.28B · Net income $5.27B · 0001234452-17-000190 · filed 2017-11-01FY15Revenue $25.28BNet income $5.27B0001234452-17-000190 · filed 2017-11-01FY2016 · Revenue $23.55B · Net income $5.71B · 0001728949-18-000095 · filed 2018-11-07FY16Revenue $23.55BNet income $5.71B0001728949-18-000095 · filed 2018-11-07FY2017 · Revenue $22.26B · Net income $2.44B · 0001728949-19-000072 · filed 2019-11-06FY17Revenue $22.26BNet income $2.44B0001728949-19-000072 · filed 2019-11-06FY2018 · Revenue $22.61B · Net income −$4.96B · 0001728949-20-000067 · filed 2020-11-04FY18Revenue $22.61BNet income −$4.96B0001728949-20-000067 · filed 2020-11-04FY2019 · Revenue $24.27B · Net income $4.39B · 0001728949-21-000076 · filed 2021-11-03FY19Revenue $24.27BNet income $4.39B0001728949-21-000076 · filed 2021-11-03FY2020 · Revenue $23.53B · Net income $5.20B · 0000804328-22-000021 · filed 2022-11-02FY20Revenue $23.53BNet income $5.20B0000804328-22-000021 · filed 2022-11-02FY2021 · Revenue $33.57B · Net income $9.04B · 0000804328-23-000055 · filed 2023-11-01FY21Revenue $33.57BNet income $9.04B0000804328-23-000055 · filed 2023-11-01FY2022 · Revenue $44.20B · Net income $12.94B · 0000804328-24-000075 · filed 2024-11-06FY22Revenue $44.20BNet income $12.94B0000804328-24-000075 · filed 2024-11-06FY2023 · Revenue $35.82B · Net income $7.23B · 0000804328-25-000085 · filed 2025-11-05FY23Revenue $35.82BNet income $7.23B0000804328-25-000085 · filed 2025-11-05FY2024 · Revenue $38.96B · Net income $10.14B · 0000804328-25-000085 · filed 2025-11-05FY24Revenue $38.96BNet income $10.14B0000804328-25-000085 · filed 2025-11-05FY2025 · Revenue $44.28B · Net income $5.54B · 0000804328-25-000085 · filed 2025-11-05FY25Revenue $44.28BNet income $5.54B0000804328-25-000085 · filed 2025-11-05FY25Revenue $44.28BNet income $5.54B0000804328-25-000085 · filed 2025-11-05FY07FY10FY13FY16FY19FY22FY25

revenue 5.0× since FY2007 · net margin 37.2% → 12.5%

MarginsNet marginFCF margin
0%50%FY2007 · Net margin 37.2% · FCF margin 33.7%FY07Net margin 37.2%FCF margin 33.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 28.4% · FCF margin 19.4%FY08Net margin 28.4%FCF margin 19.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 15.3% · FCF margin 61.7%FY09Net margin 15.3%FCF margin 61.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 29.6% · FCF margin 33.2%FY10Net margin 29.6%FCF margin 33.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 28.5% · FCF margin 28.8%FY11Net margin 28.5%FCF margin 28.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 31.9% · FCF margin 24.7%FY12Net margin 31.9%FCF margin 24.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 27.6% · FCF margin 31.1%FY13Net margin 27.6%FCF margin 31.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 30.1% · FCF margin 29.1%FY14Net margin 30.1%FCF margin 29.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 20.8% · FCF margin 17.8%FY15Net margin 20.8%FCF margin 17.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 24.2% · FCF margin 30.1%FY16Net margin 24.2%FCF margin 30.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 11.0% · FCF margin 19.4%FY17Net margin 11.0%FCF margin 19.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin -22.0% · FCF margin 13.8%FY18Net margin -22.0%FCF margin 13.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 18.1% · FCF margin 26.4%FY19Net margin 18.1%FCF margin 26.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 22.1% · FCF margin 18.7%FY20Net margin 22.1%FCF margin 18.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 26.9% · FCF margin 25.8%FY21Net margin 26.9%FCF margin 25.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 29.3% · FCF margin 15.5%FY22Net margin 29.3%FCF margin 15.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 20.2% · FCF margin 27.5%FY23Net margin 20.2%FCF margin 27.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 26.0% · FCF margin 28.6%FY24Net margin 26.0%FCF margin 28.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 12.5% · FCF margin 28.9%FY25Net margin 12.5%FCF margin 28.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 12.5%FCF margin 28.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 12.5% · free cash flow 28.9% of revenue

Cash engineOperating cash flowFree cash flow
$0$5B$10B$15BFY2007 · OCF $3.81B · FCF $2.99B · 0000950123-09-057827 · filed 2009-11-05FY07OCF $3.81BFCF $2.99B0000950123-09-057827 · filed 2009-11-05FY2008 · OCF $3.56B · FCF $2.16B · 0000950123-10-100207 · filed 2010-11-03FY08OCF $3.56BFCF $2.16B0000950123-10-100207 · filed 2010-11-03FY2009 · OCF $7.17B · FCF $6.41B · 0001234452-11-000360 · filed 2011-11-02FY09OCF $7.17BFCF $6.41B0001234452-11-000360 · filed 2011-11-02FY2010 · OCF $4.08B · FCF $3.65B · 0001234452-12-000371 · filed 2012-11-07FY10OCF $4.08BFCF $3.65B0001234452-12-000371 · filed 2012-11-07FY2011 · OCF $4.90B · FCF $4.31B · 0001234452-13-000483 · filed 2013-11-06FY11OCF $4.90BFCF $4.31B0001234452-13-000483 · filed 2013-11-06FY2012 · OCF $6.00B · FCF $4.71B · 0001234452-14-000320 · filed 2014-11-05FY12OCF $6.00BFCF $4.71B0001234452-14-000320 · filed 2014-11-05FY2013 · OCF $8.78B · FCF $7.73B · 0001234452-15-000271 · filed 2015-11-04FY13OCF $8.78BFCF $7.73B0001234452-15-000271 · filed 2015-11-04FY2014 · OCF $8.89B · FCF $7.70B · 0001234452-16-000552 · filed 2016-11-02FY14OCF $8.89BFCF $7.70B0001234452-16-000552 · filed 2016-11-02FY2015 · OCF $5.51B · FCF $4.51B · 0001234452-17-000190 · filed 2017-11-01FY15OCF $5.51BFCF $4.51B0001234452-17-000190 · filed 2017-11-01FY2016 · OCF $7.63B · FCF $7.09B · 0001728949-18-000095 · filed 2018-11-07FY16OCF $7.63BFCF $7.09B0001728949-18-000095 · filed 2018-11-07FY2017 · OCF $5.00B · FCF $4.31B · 0001728949-19-000072 · filed 2019-11-06FY17OCF $5.00BFCF $4.31B0001728949-19-000072 · filed 2019-11-06FY2018 · OCF $3.91B · FCF $3.12B · 0001728949-20-000067 · filed 2020-11-04FY18OCF $3.91BFCF $3.12B0001728949-20-000067 · filed 2020-11-04FY2019 · OCF $7.29B · FCF $6.40B · 0001728949-21-000076 · filed 2021-11-03FY19OCF $7.29BFCF $6.40B0001728949-21-000076 · filed 2021-11-03FY2020 · OCF $5.81B · FCF $4.41B · 0000804328-22-000021 · filed 2022-11-02FY20OCF $5.81BFCF $4.41B0000804328-22-000021 · filed 2022-11-02FY2021 · OCF $10.54B · FCF $8.65B · 0000804328-23-000055 · filed 2023-11-01FY21OCF $10.54BFCF $8.65B0000804328-23-000055 · filed 2023-11-01FY2022 · OCF $9.10B · FCF $6.83B · 0000804328-24-000075 · filed 2024-11-06FY22OCF $9.10BFCF $6.83B0000804328-24-000075 · filed 2024-11-06FY2023 · OCF $11.30B · FCF $9.85B · 0000804328-25-000085 · filed 2025-11-05FY23OCF $11.30BFCF $9.85B0000804328-25-000085 · filed 2025-11-05FY2024 · OCF $12.20B · FCF $11.16B · 0000804328-25-000085 · filed 2025-11-05FY24OCF $12.20BFCF $11.16B0000804328-25-000085 · filed 2025-11-05FY2025 · OCF $14.01B · FCF $12.82B · 0000804328-25-000085 · filed 2025-11-05FY25OCF $14.01BFCF $12.82B0000804328-25-000085 · filed 2025-11-05FY25OCF $14.01BFCF $12.82B0000804328-25-000085 · filed 2025-11-05’09’13’17’21’25

FY2025: $14.01B operating cash − $1.19B capex = $12.82B free cash flow

Returns on capitalReturn on equityReturn on assets
-500%0%FY2008 · ROE 17.6% · ROA 12.8%FY08ROE 17.6%ROA 12.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 7.8% · ROA 5.8%FY09ROE 7.8%ROA 5.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 15.6% · ROA 10.6%FY10ROE 15.6%ROA 10.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 15.8% · ROA 11.7%FY11ROE 15.8%ROA 11.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 18.2% · ROA 14.2%FY12ROE 18.2%ROA 14.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 19.0% · ROA 15.1%FY13ROE 19.0%ROA 15.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 20.3% · ROA 16.4%FY14ROE 20.3%ROA 16.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 16.8% · ROA 10.4%FY15ROE 16.8%ROA 10.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 18.0% · ROA 10.9%FY16ROE 18.0%ROA 10.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 8.0% · ROA 3.7%FY17ROE 8.0%ROA 3.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE -615.1% · ROA -15.2%FY18ROE -615.1%ROA -15.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 89.3% · ROA 13.3%FY19ROE 89.3%ROA 13.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 85.5% · ROA 14.6%FY20ROE 85.5%ROA 14.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 90.9% · ROA 21.9%FY21ROE 90.9%ROA 21.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 71.8% · ROA 26.4%FY22ROE 71.8%ROA 26.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 33.5% · ROA 14.2%FY23ROE 33.5%ROA 14.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 38.6% · ROA 18.4%FY24ROE 38.6%ROA 18.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 26.1% · ROA 11.1%FY25ROE 26.1%ROA 11.1%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 26.1%ROA 11.1%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 18% (FY2008) → 26% (FY2025) · on assets 11.1%

Balance sheetLiabilitiesEquity
$0$20B$40B$60BFY2008 · Liabilities $6.77B · Equity $17.94BFY08Liabilities $6.77BEquity $17.94B0000950123-09-057827 · filed 2009-11-05FY2009 · Liabilities $7.13B · Equity $20.32BFY09Liabilities $7.13BEquity $20.32B0000950123-10-100207 · filed 2010-11-03FY2010 · Liabilities $9.71B · Equity $20.86BFY10Liabilities $9.71BEquity $20.86B0001234452-11-000360 · filed 2011-11-02FY2011 · Liabilities $9.45B · Equity $26.95BFY11Liabilities $9.45BEquity $26.95B0001234452-12-000371 · filed 2012-11-07FY2012 · Liabilities $9.47B · Equity $33.52BFY12Liabilities $9.47BEquity $33.52B0001234452-13-000483 · filed 2013-11-06FY2013 · Liabilities $9.43B · Equity $36.09BFY13Liabilities $9.43BEquity $36.09B0001234452-14-000320 · filed 2014-11-05FY2014 · Liabilities $9.41B · Equity $39.17BFY14Liabilities $9.41BEquity $39.17B0001234452-15-000271 · filed 2015-11-04FY2015 · Liabilities $19.38B · Equity $31.42BFY15Liabilities $19.38BEquity $31.42B0001234452-16-000552 · filed 2016-11-02FY2016 · Liabilities $20.59B · Equity $31.78BFY16Liabilities $20.59BEquity $31.78B0001234452-17-000190 · filed 2017-11-01FY2017 · Liabilities $34.74B · Equity $30.75BFY17Liabilities $34.74BEquity $30.75B0001728949-18-000095 · filed 2018-11-07 · 0001234452-17-000190 · filed 2017-11-01FY2018 · Liabilities $31.91B · Equity $807.0MFY18Liabilities $31.91BEquity $807.0M0001728949-19-000072 · filed 2019-11-06FY2019 · Liabilities $28.05B · Equity $4.91BFY19Liabilities $28.05BEquity $4.91B0001728949-20-000067 · filed 2020-11-04 · 0001728949-19-000072 · filed 2019-11-06FY2020 · Liabilities $29.52B · Equity $6.08BFY20Liabilities $29.52BEquity $6.08B0001728949-21-000076 · filed 2021-11-03FY2021 · Liabilities $31.29B · Equity $9.95BFY21Liabilities $31.29BEquity $9.95B0000804328-22-000021 · filed 2022-11-02FY2022 · Liabilities $31.00B · Equity $18.01BFY22Liabilities $31.00BEquity $18.01B0000804328-23-000055 · filed 2023-11-01FY2023 · Liabilities $29.46B · Equity $21.58BFY23Liabilities $29.46BEquity $21.58B0000804328-24-000075 · filed 2024-11-06FY2024 · Liabilities $28.88B · Equity $26.27BFY24Liabilities $28.88BEquity $26.27B0000804328-25-000085 · filed 2025-11-05FY2025 · Liabilities $28.94B · Equity $21.21BFY25Liabilities $28.94BEquity $21.21B0000804328-25-000085 · filed 2025-11-05FY25Liabilities $28.94BEquity $21.21B0000804328-25-000085 · filed 2025-11-05’09’13’17’21’25

FY2025: $50.14B assets · $28.94B liabilities · $21.21B equity

The receipts

Financial statements

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. See methodology.