Qualcomm Inc
NASDAQ:QCOM
Income Statement
Earnings Waterfall
Qualcomm Inc
Revenue
|
36.3B
USD
|
Cost of Revenue
|
-16.1B
USD
|
Gross Profit
|
20.2B
USD
|
Operating Expenses
|
-11.2B
USD
|
Operating Income
|
9B
USD
|
Other Expenses
|
-1.2B
USD
|
Net Income
|
7.8B
USD
|
Income Statement
Qualcomm Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
25 470
N/A
|
25 713
+1%
|
26 276
+2%
|
26 487
+1%
|
26 964
+2%
|
27 491
+2%
|
26 517
-4%
|
25 281
-5%
|
23 957
-5%
|
22 614
-6%
|
22 826
+1%
|
23 554
+3%
|
23 778
+1%
|
23 243
-2%
|
22 570
-3%
|
22 258
-1%
|
22 293
+0%
|
22 497
+1%
|
22 703
+1%
|
22 611
0%
|
21 417
-5%
|
21 179
-1%
|
20 537
-3%
|
19 573
-5%
|
19 808
+1%
|
20 042
+1%
|
20 000
0%
|
21 731
+9%
|
24 890
+15%
|
27 609
+11%
|
30 776
+11%
|
33 566
+9%
|
36 036
+7%
|
39 265
+9%
|
42 141
+7%
|
44 200
+5%
|
42 958
-3%
|
41 069
-4%
|
38 584
-6%
|
35 820
-7%
|
36 292
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(10 228)
|
(10 276)
|
(10 457)
|
(10 435)
|
(10 770)
|
(10 915)
|
(10 633)
|
(10 106)
|
(9 519)
|
(8 990)
|
(9 029)
|
(9 315)
|
(9 280)
|
(9 346)
|
(9 260)
|
(9 792)
|
(9 660)
|
(9 695)
|
(9 710)
|
(10 244)
|
(9 436)
|
(9 379)
|
(9 033)
|
(8 599)
|
(8 329)
|
(8 546)
|
(8 608)
|
(9 255)
|
(10 632)
|
(11 767)
|
(13 091)
|
(14 262)
|
(15 076)
|
(16 292)
|
(17 704)
|
(18 635)
|
(18 376)
|
(17 881)
|
(16 857)
|
(15 869)
|
(16 137)
|
|
Gross Profit |
15 242
N/A
|
15 437
+1%
|
15 819
+2%
|
16 052
+1%
|
16 194
+1%
|
16 576
+2%
|
15 884
-4%
|
15 175
-4%
|
14 438
-5%
|
13 624
-6%
|
13 797
+1%
|
14 239
+3%
|
14 498
+2%
|
13 897
-4%
|
13 310
-4%
|
12 466
-6%
|
12 633
+1%
|
12 802
+1%
|
12 993
+1%
|
12 367
-5%
|
11 981
-3%
|
11 800
-2%
|
11 504
-3%
|
10 974
-5%
|
11 479
+5%
|
11 496
+0%
|
11 392
-1%
|
12 476
+10%
|
14 258
+14%
|
15 842
+11%
|
17 685
+12%
|
19 304
+9%
|
20 960
+9%
|
22 973
+10%
|
24 437
+6%
|
25 565
+5%
|
24 582
-4%
|
23 188
-6%
|
21 727
-6%
|
19 951
-8%
|
20 155
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(7 735)
|
(7 727)
|
(7 818)
|
(8 196)
|
(7 705)
|
(8 717)
|
(8 687)
|
(8 786)
|
(8 712)
|
(7 710)
|
(7 585)
|
(7 710)
|
(7 719)
|
(7 774)
|
(7 949)
|
(8 143)
|
(8 191)
|
(8 314)
|
(8 341)
|
(8 593)
|
(9 291)
|
(9 109)
|
(8 977)
|
(7 593)
|
(3 618)
|
(7 792)
|
(7 906)
|
(8 049)
|
(8 335)
|
(8 721)
|
(9 151)
|
(9 515)
|
(9 833)
|
(10 154)
|
(10 400)
|
(10 764)
|
(11 100)
|
(11 266)
|
(11 398)
|
(11 301)
|
(11 150)
|
|
Selling, General & Administrative |
(2 547)
|
(2 419)
|
(2 382)
|
(2 265)
|
(2 203)
|
(2 202)
|
(2 183)
|
(2 272)
|
(2 243)
|
(2 289)
|
(2 313)
|
(2 213)
|
(2 216)
|
(2 196)
|
(2 248)
|
(2 658)
|
(2 629)
|
(2 726)
|
(2 728)
|
(2 986)
|
(2 498)
|
(2 409)
|
(2 312)
|
(2 195)
|
(2 181)
|
(2 098)
|
(2 071)
|
(2 074)
|
(2 112)
|
(2 186)
|
(2 272)
|
(2 339)
|
(2 380)
|
(2 447)
|
(2 505)
|
(2 570)
|
(2 585)
|
(2 575)
|
(2 538)
|
(2 483)
|
(2 488)
|
|
Research & Development |
(5 188)
|
(5 308)
|
(5 436)
|
(5 447)
|
(5 468)
|
(5 506)
|
(5 484)
|
(5 476)
|
(5 479)
|
(5 406)
|
(5 268)
|
(5 141)
|
(5 099)
|
(5 174)
|
(5 296)
|
(5 485)
|
(5 578)
|
(5 604)
|
(5 630)
|
(5 625)
|
(5 470)
|
(5 377)
|
(5 342)
|
(5 398)
|
(5 533)
|
(5 694)
|
(5 835)
|
(5 975)
|
(6 223)
|
(6 535)
|
(6 879)
|
(7 176)
|
(7 453)
|
(7 707)
|
(7 895)
|
(8 194)
|
(8 515)
|
(8 691)
|
(8 861)
|
(8 818)
|
(8 663)
|
|
Other Operating Expenses |
0
|
0
|
0
|
(484)
|
(34)
|
(1 009)
|
(1 020)
|
(1 038)
|
(990)
|
(15)
|
(4)
|
(356)
|
(404)
|
(404)
|
(405)
|
0
|
16
|
16
|
17
|
18
|
(1 323)
|
(1 323)
|
(1 323)
|
0
|
4 096
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
|
Operating Income |
7 507
N/A
|
7 710
+3%
|
8 001
+4%
|
7 856
-2%
|
8 489
+8%
|
7 859
-7%
|
7 197
-8%
|
6 389
-11%
|
5 726
-10%
|
5 914
+3%
|
6 212
+5%
|
6 529
+5%
|
6 779
+4%
|
6 123
-10%
|
5 361
-12%
|
4 323
-19%
|
4 442
+3%
|
4 488
+1%
|
4 652
+4%
|
3 774
-19%
|
2 690
-29%
|
2 691
+0%
|
2 527
-6%
|
3 381
+34%
|
7 861
+133%
|
3 704
-53%
|
3 486
-6%
|
4 427
+27%
|
5 923
+34%
|
7 121
+20%
|
8 534
+20%
|
9 789
+15%
|
11 127
+14%
|
12 819
+15%
|
14 037
+10%
|
14 801
+5%
|
13 482
-9%
|
11 922
-12%
|
10 329
-13%
|
8 650
-16%
|
9 005
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 090
|
1 222
|
1 412
|
1 402
|
1 400
|
1 238
|
1 027
|
908
|
697
|
554
|
470
|
510
|
657
|
692
|
658
|
583
|
301
|
96
|
46
|
(154)
|
(251)
|
(253)
|
(77)
|
(51)
|
7
|
(47)
|
(175)
|
(131)
|
(41)
|
65
|
36
|
518
|
441
|
48
|
(234)
|
(815)
|
(898)
|
(573)
|
(411)
|
(199)
|
(68)
|
|
Non-Reccuring Items |
(972)
|
(1 171)
|
(1 065)
|
(480)
|
(570)
|
(511)
|
(737)
|
(810)
|
(525)
|
(639)
|
(558)
|
(206)
|
(1 443)
|
(1 435)
|
(1 474)
|
(1 919)
|
(2 687)
|
(3 068)
|
(3 106)
|
(3 228)
|
(1 430)
|
(940)
|
3 615
|
4 151
|
0
|
4 003
|
(284)
|
1 423
|
1 494
|
1 721
|
1 726
|
(33)
|
(32)
|
(37)
|
1 009
|
1 012
|
919
|
644
|
(411)
|
(994)
|
(884)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
(14)
|
(14)
|
(19)
|
|
Pre-Tax Income |
7 625
N/A
|
7 761
+2%
|
8 348
+8%
|
8 778
+5%
|
9 319
+6%
|
8 586
-8%
|
7 487
-13%
|
6 487
-13%
|
5 898
-9%
|
5 829
-1%
|
6 124
+5%
|
6 833
+12%
|
5 993
-12%
|
5 380
-10%
|
4 545
-16%
|
2 987
-34%
|
2 056
-31%
|
1 516
-26%
|
1 592
+5%
|
392
-75%
|
1 009
+157%
|
1 498
+48%
|
6 065
+305%
|
7 481
+23%
|
7 868
+5%
|
7 660
-3%
|
3 027
-60%
|
5 719
+89%
|
7 376
+29%
|
8 907
+21%
|
10 296
+16%
|
10 274
0%
|
11 536
+12%
|
12 830
+11%
|
14 812
+15%
|
14 998
+1%
|
13 503
-10%
|
11 975
-11%
|
9 493
-21%
|
7 443
-22%
|
8 034
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 239)
|
(1 280)
|
(1 208)
|
(1 244)
|
(1 259)
|
(1 432)
|
(1 387)
|
(1 219)
|
(1 106)
|
(925)
|
(960)
|
(1 131)
|
(1 106)
|
(908)
|
(651)
|
(543)
|
(5 710)
|
(5 599)
|
(5 457)
|
(4 913)
|
953
|
807
|
(2 694)
|
(3 095)
|
(3 625)
|
(3 612)
|
(283)
|
(521)
|
(648)
|
(885)
|
(1 092)
|
(1 231)
|
(1 550)
|
(1 672)
|
(1 951)
|
(2 012)
|
(1 643)
|
(1 347)
|
(860)
|
(104)
|
(157)
|
|
Income from Continuing Operations |
6 386
|
6 481
|
7 140
|
7 534
|
8 060
|
7 154
|
6 100
|
5 268
|
4 792
|
4 904
|
5 164
|
5 702
|
4 887
|
4 472
|
3 894
|
2 444
|
(3 654)
|
(4 083)
|
(3 865)
|
(4 521)
|
1 962
|
2 305
|
3 371
|
4 386
|
4 243
|
4 048
|
2 744
|
5 198
|
6 728
|
8 022
|
9 204
|
9 043
|
9 986
|
11 158
|
12 861
|
12 986
|
11 860
|
10 628
|
8 633
|
7 339
|
7 877
|
|
Income to Minority Interest |
6
|
4
|
3
|
3
|
3
|
3
|
3
|
3
|
5
|
4
|
4
|
3
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
6 822
N/A
|
6 915
+1%
|
7 573
+10%
|
7 967
+5%
|
8 063
+1%
|
7 157
-11%
|
6 103
-15%
|
5 271
-14%
|
4 797
-9%
|
4 908
+2%
|
5 168
+5%
|
5 705
+10%
|
4 889
-14%
|
4 474
-8%
|
3 896
-13%
|
2 445
-37%
|
(4 220)
N/A
|
(4 639)
-10%
|
(4 303)
+7%
|
(4 964)
-15%
|
2 087
N/A
|
2 420
+16%
|
3 367
+39%
|
4 386
+30%
|
4 243
-3%
|
4 048
-5%
|
2 744
-32%
|
5 198
+89%
|
6 728
+29%
|
8 022
+19%
|
9 204
+15%
|
9 043
-2%
|
9 986
+10%
|
11 158
+12%
|
12 861
+15%
|
12 936
+1%
|
11 772
-9%
|
10 542
-10%
|
8 615
-18%
|
7 232
-16%
|
7 764
+7%
|
|
EPS (Diluted) |
3.96
N/A
|
4.02
+2%
|
4.41
+10%
|
4.64
+5%
|
4.78
+3%
|
4.29
-10%
|
3.74
-13%
|
3.22
-14%
|
3.16
-2%
|
3.27
+3%
|
3.47
+6%
|
3.81
+10%
|
3.28
-14%
|
3
-9%
|
2.61
-13%
|
1.64
-37%
|
-2.85
N/A
|
-3.1
-9%
|
-2.89
+7%
|
-3.39
-17%
|
1.7
N/A
|
1.98
+16%
|
2.73
+38%
|
3.6
+32%
|
3.66
+2%
|
3.51
-4%
|
2.4
-32%
|
4.52
+88%
|
5.82
+29%
|
6.97
+20%
|
8.03
+15%
|
7.87
-2%
|
8.73
+11%
|
9.77
+12%
|
11.34
+16%
|
11.37
+0%
|
10.4
-9%
|
9.4
-10%
|
7.65
-19%
|
6.42
-16%
|
6.88
+7%
|