BTC $83,868.62 -1.13%
ETH $2,651.58 -1.89%
BNB $761.08 -1.22%
XRP $1.45 -3.16%
SOL $117.49 -0.67%
TRX $0.3350 -0.16%
DOGE $0.0906 -4.45%
ADA $0.2375 -4.36%
BCH $299.06 -2.89%
LINK $13.51 -5.96%
HYPE $86.94 -1.02%
AAVE $178.57 +6.70%
SUI $1.11 -5.55%
XLM $0.2114 -3.96%
ZEC $1,289.59 -3.66%
AAPL $333.81 +1.18%
AMZN $250.42 +0.35%
GOOGL $342.98 +1.24%
MSFT $515.38 -0.22%
META $728.51 +0.01%
NVDA $234.46 +0.92%
TSLA $371.35 +4.02%
SNDK $1,722.60 -3.36%
INTC $119.93 -0.74%
SPCX $159.27 +6.48%
MU $1,076.64 -0.87%
AMD $632.37 +2.29%
BTC $83,868.62 -1.13%
ETH $2,651.58 -1.89%
BNB $761.08 -1.22%
XRP $1.45 -3.16%
SOL $117.49 -0.67%
TRX $0.3350 -0.16%
DOGE $0.0906 -4.45%
ADA $0.2375 -4.36%
BCH $299.06 -2.89%
LINK $13.51 -5.96%
HYPE $86.94 -1.02%
AAVE $178.57 +6.70%
SUI $1.11 -5.55%
XLM $0.2114 -3.96%
ZEC $1,289.59 -3.66%
AAPL $333.81 +1.18%
AMZN $250.42 +0.35%
GOOGL $342.98 +1.24%
MSFT $515.38 -0.22%
META $728.51 +0.01%
NVDA $234.46 +0.92%
TSLA $371.35 +4.02%
SNDK $1,722.60 -3.36%
INTC $119.93 -0.74%
SPCX $159.27 +6.48%
MU $1,076.64 -0.87%
AMD $632.37 +2.29%

qualcomm

All
Article
Flash

hot_img Qualcomm's revenue in the third quarter reached $9.95 billion, exceeding expectations, but mobile business declined by 20%, while automotive business surged by 61%, setting a record

Qualcomm released its Q3 2026 fiscal year financial report, with revenue of $9.95 billion, a year-on-year decrease of 4%, slightly higher than the market expectation of $9.67 billion; adjusted earnings per share were $2.21, basically in line with expectations; net profit was $2 billion. The chip business (QCT) revenue was $8.5 billion, of which mobile-related business was $5.1 billion, a year-on-year decrease of 20%; automotive electronics business revenue reached a record $1.59 billion, a year-on-year increase of 61%, achieving double-digit year-on-year growth for 23 consecutive quarters; Internet of Things business revenue was $1.83 billion, a year-on-year increase of 9%.Qualcomm expects adjusted earnings per share for Q4 to be between $2.05 and $2.25, below analysts' expectations of $2.36. CEO Cristiano Amon stated that revenue from Apple will enter a phase of accelerated decline, and due to supply chain constraints, Qualcomm's component share in the next-generation iPhone is "far below the previously estimated 20%." To cope with the contraction of its Apple business, Qualcomm is accelerating its diversification transformation, expecting its data center business to achieve approximately $5 billion in revenue by fiscal year 2027, and has completed the acquisition of AI software company Modular. Qualcomm plans to adjust prices for some products starting September 1 to address rising costs across the entire supply chain.
app_icon
ChainCatcher Building the Web3 world with innovations.