Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 9.39B | 0% |
| Gross Profit | 5.22B | 1.2% |
| Cost of Revenue | 4.17B | 1.7% |
| Operating expense | 2.92B | 0.7% |
| Net Income | 2.13B | 8.5% |
| EBITDA | 2.72B | 1.3% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 52.7B | 0.8% |
| Total Liabilities | 28.1B | 2.2% |
| Total Equity | 24.7B | 0.8% |
| Shares Outstanding | 1.12B | 0.2% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 3.05B | 14.1% |
| Cash from investing | -1.04B | 11.1% |
| Cash from financing | -3.45B | 118.3% |
EPS
Financial Highlights for QUALCOMM in Q2 '24
QUALCOMM reported a revenue of 9.39B, which is a 0% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 5.22B, marking a -1.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.17B, a 1.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.92B, showing a -0.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 2.13B, showing a -8.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 2.72B, showing a -1.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
QUALCOMM faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
