Qualcomm Inc (QCOM) stock
QCOMNasdaqRadio & Tv Broadcasting & Communications EquipmentFiscal year ends September 27
Financials through Q4 FY2026, quarter ended Sep 27, 2026Last filing: 10-K on Nov 4, 2026Score 14/309% below fair value
$177.14+0.57 (+0.32%)
Close on Nov 12, 2026Market cap $186.00BP/E 13.9Yield 2.04%
Qualcomm operating margin
Operating margin is operating income as a percentage of revenue.
Qualcomm's operating margin for the twelve months ending Sep 27, 2026 was 20.1%. For fiscal 2026 it was 20.1%, against 27.9% the year before. The highest annual figure on record is 35.9% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Sep 27, 2026 | 20.1% | −7.8 |
| FY2025 | Sep 28, 2025 | 27.9% | +2.1 |
| FY2024 | Sep 29, 2024 | 25.8% | +4.1 |
| FY2023 | Sep 24, 2023 | 21.7% | −14.1 |
| FY2022 | Sep 25, 2022 | 35.9% | +6.7 |
| FY2021 | Sep 26, 2021 | 29.2% | +2.6 |
| FY2020 | Sep 27, 2020 | 26.6% | −5.0 |
| FY2019 | Sep 29, 2019 | 31.6% | +28.8 |
| FY2018 | Sep 30, 2018 | 2.7% | −8.8 |
| FY2017 | Sep 24, 2017 | 11.6% | −16.0 |
| FY2016 | Sep 25, 2016 | 27.6% | +4.7 |
| FY2015 | Sep 27, 2015 | 22.8% | −5.7 |
| FY2014 | Sep 28, 2014 | 28.5% | −0.6 |
| FY2013 | Sep 29, 2013 | 29.1% | −0.6 |
| FY2012 | Sep 30, 2012 | 29.7% | −3.9 |
| FY2011 | Sep 25, 2011 | 33.6% | −0.3 |
| FY2010 | Sep 26, 2010 | 33.9% | +9.5 |
| FY2009 | Sep 27, 2009 | 24.5% | −9.0 |
| FY2008 | Sep 28, 2008 | 33.5% | +1.0 |
| FY2007 | Sep 30, 2007 | 32.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q4 FY2026CQ3 2026 | Sep 27, 2026 | 13.1% | −12.8 |
| Q3 FY2026CQ2 2026 | Jun 28, 2026 | 16.3% | −10.3 |
| Q2 FY2026CQ1 2026 | Mar 29, 2026 | 21.8% | −6.6 |
| Q1 FY2026CQ4 2025 | Dec 28, 2025 | 27.5% | −3.0 |
| Q4 FY2025CQ3 2025 | Sep 28, 2025 | 25.9% | +0.7 |
| Q3 FY2025CQ2 2025 | Jun 29, 2025 | 26.6% | +3.0 |
| Q2 FY2025CQ1 2025 | Mar 30, 2025 | 28.4% | +3.5 |
| Q1 FY2025CQ4 2024 | Dec 29, 2024 | 30.5% | +1.0 |
| Q4 FY2024CQ3 2024 | Sep 29, 2024 | 25.2% | +8.9 |
| Q3 FY2024CQ2 2024 | Jun 23, 2024 | 23.6% | +2.1 |
| Q2 FY2024CQ1 2024 | Mar 24, 2024 | 24.9% | +2.4 |
| Q1 FY2024CQ4 2023 | Dec 24, 2023 | 29.5% | +3.4 |
| Q4 FY2023CQ3 2023 | Sep 24, 2023 | 16.3% | −15.8 |
| Q3 FY2023CQ2 2023 | Jun 25, 2023 | 21.6% | −19.3 |
| Q2 FY2023CQ1 2023 | Mar 26, 2023 | 22.5% | −12.0 |
| Q1 FY2023CQ4 2022 | Dec 25, 2022 | 26.0% | −10.0 |
| Q4 FY2022CQ3 2022 | Sep 25, 2022 | 32.2% | +1.1 |
| Q3 FY2022CQ2 2022 | Jun 26, 2022 | 40.9% | +13.7 |
| Q2 FY2022CQ1 2022 | Mar 27, 2022 | 34.6% | +7.3 |
| Q1 FY2022CQ4 2021 | Dec 26, 2021 | 36.1% | +5.4 |
| Q4 FY2021CQ3 2021 | Sep 26, 2021 | 31.1% | −10.3 |
| Q3 FY2021CQ2 2021 | Jun 27, 2021 | 27.2% | +11.3 |
| Q2 FY2021CQ1 2021 | Mar 28, 2021 | 27.3% | +8.3 |
| Q1 FY2021CQ4 2020 | Dec 27, 2020 | 30.7% | +10.4 |
| Q4 FY2020CQ3 2020 | Sep 27, 2020 | 41.4% | +26.8 |
| Q3 FY2020CQ2 2020 | Jun 28, 2020 | 16.0% | −39.2 |
| Q2 FY2020CQ1 2020 | Mar 29, 2020 | 19.0% | +0.1 |
| Q1 FY2020CQ4 2019 | Dec 29, 2019 | 20.3% | +5.6 |
| Q4 FY2019CQ3 2019 | Sep 29, 2019 | 14.6% | +26.3 |
| Q3 FY2019CQ2 2019 | Jun 30, 2019 | 55.2% | +39.0 |
| Q2 FY2019CQ1 2019 | Mar 31, 2019 | 18.9% | +11.2 |
| Q1 FY2019CQ4 2018 | Dec 30, 2018 | 14.7% | +14.7 |
| Q4 FY2018CQ3 2018 | Sep 30, 2018 | -11.8% | −17.1 |
| Q3 FY2018CQ2 2018 | Jun 24, 2018 | 16.2% | +2.0 |
| Q2 FY2018CQ1 2018 | Mar 25, 2018 | 7.7% | −6.9 |
| Q1 FY2018CQ4 2017 | Dec 24, 2017 | -0.1% | −13.0 |
| Q4 FY2017CQ3 2017 | Sep 24, 2017 | 5.4% | – |
| Q3 FY2017CQ2 2017 | Jun 25, 2017 | 14.2% | – |
| Q2 FY2017CQ1 2017 | Mar 26, 2017 | 14.5% | – |
| Q1 FY2017CQ4 2016 | Dec 25, 2016 | 13.0% | – |
See a number that looks wrong?