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$10.6B 13.5%Beat EPS +3.6%
Total revenue, Q1 '26 (USD).

Did QUALCOMM Beat Earnings?

QUALCOMM (QCOM) reported Q1 '26 revenue of $10.6B, down 3.5% year-over-year, with reported EPS of $2.65. That topped the $2.56 analyst estimate by 3.6% — an earnings beat.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — QUALCOMM’s job postings, web traffic, and employee business outlook. See the full QCOM stock analysis or the earnings calendar for upcoming reports.

QCOM Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q1 '26 $2.56 $2.65 Beat +3.6%
Q4 '25 $3.40 $3.50 Beat +2.9%
Q3 '25 $2.34 $2.56 Beat +9.4%
Q2 '25 $2.71 $2.77 Beat +2.2%
Q1 '25 $2.82 $2.85 Beat +1.1%
Q4 '24 $2.99 $3.41 Beat +14.0%

QUALCOMM Quarterly Financial Trends (USD)

MetricQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue9.39B10.2B11.7B11B10.4B11.3B12.3B10.6B
Gross margin55.6%56.4%55.8%55.0%55.6%55.3%54.6%53.8%
Operating margin23.6%25.2%30.5%28.4%26.6%25.9%27.5%21.8%
Net income2.13B2.92B3.18B2.81B2.67B-3.12B3B7.37B
Net margin22.7%28.5%27.3%25.6%25.7%-27.7%24.5%69.5%
EPS$2.33$2.69$3.41$2.85$2.77$2.56$3.50$2.65

QUALCOMM Earnings Trend Analysis

Over the eight quarters from Q2 '24 to Q1 '26, QUALCOMM’s quarterly revenue moved from $9.39B to $10.6B. Net margin expanded from 22.7% to 69.5%, against a 53.8% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. QUALCOMM has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.

When Is QUALCOMM’s Next Earnings Date?

QUALCOMM reports earnings on a quarterly schedule. Its most recent report covered Q1 '26. For the confirmed upcoming date — and every other company reporting soon — see the QCOM earnings calendar.

Frequently Asked Questions: QUALCOMM Earnings

QUALCOMM's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

QUALCOMM reported Q1 '26 EPS of $2.65 on revenue of $10.6B (-3.5% YoY). QUALCOMM beat estimates, reporting $2.65 vs. the $2.56 estimate.

QUALCOMM reported Q1 '26 revenue of $10.6B, down 3.5% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the QCOM AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.