Qualcomm Inc.
Qualcomm Reports Record First Quarter Fiscal 2026 Results
Summary
Qualcomm Incorporated announced its financial results for the first quarter of fiscal 2026, reporting record total company revenues of $12.3 billion, with a GAAP EPS of $2.78 and a Non-GAAP EPS of $3.50. The company also reported record QCT automotive revenues, exceeding $1 billion for the second consecutive quarter, and completed the acquisition of Alphawave Semi, which is expected to accelerate its expansion into data centers. Qualcomm returned $3.6 billion to stockholders during the quarter, including cash dividends and share repurchases.
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About Qualcomm Inc.
Qualcomm Inc. is a global leader in the semiconductor and telecommunications equipment industries, primarily renowned for its advancements in wireless technology. The company is pivotal in developing and commercializing digital communication technologies, including 3G, 4G, and the latest 5G standards. Qualcomm's portfolio includes Snapdragon processors and modems, which are integral to the performance and connectivity features of many modern smartphones and other smart devices. With a presence in mobile, automotive, and IoT sectors, Qualcomm's innovations have a profound impact on enhancing wireless communication capabilities and powering connected experiences around the world. Additionally, Qualcomm licenses its vast array of patents to numerous device manufacturers, playing a crucial role in the evolution and deployment of new telecommunications technologies. As such, Qualcomm Inc. holds a significant position in the global technology market, driving the infrastructure for cutting-edge connectivity solutions.
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