Qualcomm Inc reports results for the quarter ended June 30 - Earnings Summary

QUALCOMM Incorporated

29/07/2026 22:54

Qualcomm Inc QCOM.OQ reported quarterly adjusted earnings of $2.21​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.77.  The mean expectation of thirty one analysts for the quarter was for earnings of $2.23 per share. Wall Street expected results to range from $2.13  to $2.52 per share.
Revenue fell 4% to $9.95 billion from a year ago; analysts expected $9.67 billion. 
Qualcomm Inc's reported EPS for the quarter was $1.87​.
The company reported quarterly net income of $2 billion.
Qualcomm Inc shares had fallen by 11.9% this quarter and lost 4.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.8% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 15 "strong buy" or "buy," 25 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is  "buy."
Wall Street's median 12-month price target for Qualcomm Inc is $205.00, about 20.5% above its last closing price of $162.88
This summary was machine generated from LSEG data July 29 at 09:54 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
2.23
2.21
Missed
Mar. 31 2026 
2.56
2.65
Beat
Dec. 31 2025 
3.41
3.50
Beat
Sep. 30 2025 
2.88
3.00
Beat