Qualcomm Historical Income Statement

QCOM Stock  USD 156.79  1.33  0.86%   
Historical analysis of Qualcomm Incorporated income statement accounts such as Other Operating Expenses of 30.3 B, Operating Income of 10.6 B, EBIT of 11.6 B or Ebitda of 13.4 B can show how well Qualcomm Incorporated performed in making a profits. Evaluating Qualcomm Incorporated income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qualcomm Incorporated's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Qualcomm Incorporated latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Qualcomm Incorporated is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualcomm Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.

About Qualcomm Income Statement Analysis

Qualcomm Incorporated Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Qualcomm Incorporated shareholders. The income statement also shows Qualcomm investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Qualcomm Incorporated Income Statement Chart

At this time, Qualcomm Incorporated's EBIT is very stable compared to the past year. As of the 25th of November 2024, EBITDA is likely to grow to about 13.4 B, while Selling General Administrative is likely to drop about 1.7 B.

Total Revenue

Total revenue comprises all receipts Qualcomm Incorporated generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Qualcomm Incorporated minus its cost of goods sold. It is profit before Qualcomm Incorporated operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Qualcomm Incorporated. It is also known as Qualcomm Incorporated overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Qualcomm Incorporated income statement and represents the costs associated with goods and services Qualcomm Incorporated provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Qualcomm Incorporated's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qualcomm Incorporated current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualcomm Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.At this time, Qualcomm Incorporated's EBIT is very stable compared to the past year. As of the 25th of November 2024, EBITDA is likely to grow to about 13.4 B, while Selling General Administrative is likely to drop about 1.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit25.6B20.0B21.9B23.0B
Total Revenue44.2B35.8B39.0B40.9B

Qualcomm Incorporated income statement Correlations

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-0.61-0.76-0.52-0.51-0.52-0.41-0.4-0.44-0.51-0.47-0.21-0.11-0.30.68-0.58-0.26-0.410.390.64-0.060.89-0.50.01
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0.330.390.450.420.470.320.40.410.490.410.38-0.30.330.010.510.080.34-0.14-0.52-0.330.010.010.48
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Qualcomm Incorporated Account Relationship Matchups

Qualcomm Incorporated income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.4B1.6B1.8B1.8B1.7B1.8B
Interest Expense602M559M490M694M697M731.9M
Total Revenue23.5B33.6B44.2B35.8B39.0B40.9B
Gross Profit14.3B19.3B25.6B20.0B21.9B23.0B
Other Operating Expenses17.3B23.8B28.3B28.0B28.9B30.3B
Operating Income6.3B9.8B15.9B7.8B10.1B10.6B
Ebit6.3B9.8B14.8B8.7B11.0B11.6B
Ebitda7.6B11.4B16.6B10.5B12.7B13.4B
Cost Of Revenue9.3B14.3B18.6B15.9B17.1B17.9B
Total Operating Expenses8.0B9.5B9.7B12.2B11.8B12.4B
Net Income5.2B9.0B12.9B7.2B10.1B10.6B
Income Tax Expense521M1.2B2.0B104M226M214.7M
Income Before Tax5.7B10.3B15.0B7.4B10.3B10.9B
Total Other Income Expense Net(536M)485M(862M)(345M)265M278.3M
Research Development6.0B7.2B8.2B8.8B8.9B9.3B
Selling General Administrative2.1B2.3B2.6B2.5B2.8B1.7B
Net Income Applicable To Common Shares4.4B5.2B9.0B12.9B14.9B15.6B
Net Income From Continuing Ops5.2B9.0B13.0B7.3B10.1B6.7B
Non Operating Income Net Other441M66M1.0B(372M)(334.8M)(318.1M)
Tax Provision521M1.2B2.0B104M226M214.7M
Interest Income156M83M91M313M675M350.4M
Net Interest Income(446M)(476M)(399M)(694M)(22M)(23.1M)
Reconciled Depreciation1.4B1.6B1.8B1.8B1.7B1.7B

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When determining whether Qualcomm Incorporated is a strong investment it is important to analyze Qualcomm Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Qualcomm Incorporated's future performance. For an informed investment choice regarding Qualcomm Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualcomm Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qualcomm Incorporated. If investors know Qualcomm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qualcomm Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.941
Dividend Share
3.3
Earnings Share
8.94
Revenue Per Share
34.912
Quarterly Revenue Growth
0.187
The market value of Qualcomm Incorporated is measured differently than its book value, which is the value of Qualcomm that is recorded on the company's balance sheet. Investors also form their own opinion of Qualcomm Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Qualcomm Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qualcomm Incorporated's market value can be influenced by many factors that don't directly affect Qualcomm Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qualcomm Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualcomm Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualcomm Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.