Qualcomm Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $44.28B | $38.96B | $35.82B | $44.20B | $33.57B | $23.53B | $24.27B | $22.73B |
| Equipment and services | $37.87B | $32.79B | $30.03B | $37.17B | $26.74B | $16.30B | $14.61B | $17.40B |
| Licensing | $6.42B | $6.17B | $5.79B | $7.03B | $6.83B | $7.23B | $9.66B | $5.33B |
| Cost of Revenue | $19.74B | $17.06B | $15.87B | $18.64B | $14.26B | $9.26B | $8.60B | $10.24B |
| Gross Profit | $24.55B | $21.90B | $19.95B | $25.57B | $19.30B | $14.28B | $15.67B | $12.49B |
| Gross Margin | 55.4% | 56.2% | 55.7% | 57.8% | 57.5% | 60.7% | 64.6% | 54.9% |
| Operating Expenses | ||||||||
| Research & Development | $9.04B | $8.89B | $8.82B | $8.19B | $7.18B | $5.98B | $5.40B | $5.63B |
| SG&A Expense | $3.11B | $2.76B | $2.48B | $2.57B | $2.34B | $2.07B | $2.20B | $2.99B |
| Operating Income | $12.36B | $10.07B | $7.79B | $15.86B | $9.79B | $6.26B | $7.67B | $621.0M |
| Operating Margin | 27.9% | 25.8% | 21.7% | 35.9% | 29.2% | 26.6% | 31.6% | 2.7% |
| Interest Expense | $664.0M | $697.0M | $694.0M | $490.0M | $559.0M | $602.0M | $627.0M | $768.0M |
| Pretax Income | $12.66B | $10.34B | $7.44B | $15.00B | $10.27B | $5.72B | $7.48B | $392.0M |
| Income Tax Expense | $7.12B | $226.0M | $104.0M | $2.01B | $1.23B | $521.0M | $3.10B | $5.36B |
| Net Income | $5.54B | $10.14B | $7.23B | $12.94B | $9.04B | $5.20B | $4.39B | $-4.96B |
| Net Margin | 12.5% | 26.0% | 20.2% | 29.3% | 26.9% | 22.1% | 18.1% | -21.8% |
| EPS (Basic) | $5.05 | $9.09 | $6.47 | $11.52 | $7.99 | $4.58 | $3.63 | $-3.39 |
| EPS (Diluted) | $5.01 | $8.97 | $6.42 | $11.37 | $7.87 | $4.52 | $3.59 | $-3.39 |
| Shares Outstanding (Basic) | 1.10B | 1.12B | 1.12B | 1.12B | 1.13B | 1.14B | 1.21B | 1.46B |
| Shares Outstanding (Diluted) | 1.11B | 1.13B | 1.13B | 1.14B | 1.15B | 1.15B | 1.22B | 1.46B |
| Dividends Per Share | $3.48 | $3.30 | $3.10 | $2.86 | $2.66 | $2.54 | $2.48 | $2.38 |