QCOM Qualcomm Incorporated

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Qualcomm Missed Expectations, Guides Earnings Below Estimates

Wednesday, November 4, 2026 · 4:00 PM ET

Qualcomm (QCOM) reported earnings of $2.17 per share on revenue of $10.32 billion for the fiscal fourth quarter ended September 2026. The consensus earnings estimate was $2.16 per share on revenue of $10.15 billion. The Earnings Whisper number was $2.19 per share. The company missed expectations by 0.91% while revenue fell 8.41% compared to the same quarter a year ago.

The company said it expects first quarter non-GAAP earnings of $2.15 to $2.35 per share on revenue of $10.40 billion to $11.20 billion. The current consensus earnings estimate is $2.37 per share on revenue of $10.65 billion for the quarter ending December 31, 2026.

Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G.

Earnings Whisper Grade
Power Rating
Reported Earnings
$2.17
Earnings Whisper®
$2.19
Consensus Estimate (non-GAAP)
$2.16
Earnings Surprise
Earnings Growth-29.8 %
Reported Revenue
$10.32B
Revenue Estimate
$10.15B
Revenue Surprise
Revenue Growth-8.4 %

*Reported earnings and revenue figures shown above, and any guidance given, are preliminary and may be updated upon further review.*

Qualcomm Earnings Release Available on Company's Investor Relations Website

Wednesday, November 4, 2026 · 4:00 PM ET PR Newswire

SAN DIEGO, Nov. 4, 2026 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company's financial results for its fourth quarter and fiscal 2026 through an earnings release that is available on the Qualcomm Investor Relations website at https://investor.qualcomm.com/financial-information. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov.

Qualcomm

As previously announced, Qualcomm will host a conference call to discuss its fourth quarter and fiscal 2026 results which will be broadcast live on November 4, 2026, beginning at 1:45 p.m. Pacific Time (PT) at https://investor.qualcomm.com/news-events/investor-events/default.aspx. An audio replay will be available at https://investor.qualcomm.com/news-events/investor-events/default.aspx and via telephone following the live call for 30 days thereafter. To listen to the replay via telephone, U.S. callers may dial (877) 660-6853 and international callers may dial (201) 612-7415. Callers should use reservation number 13762625.

Our Investor Relations website at https://investor.qualcomm.com contains a significant amount of information about us, including financial and other information for investors, and it is possible that this information could be deemed to be material information. Accordingly, investors and others interested in Qualcomm should review the information posted on our website in addition to following our press releases, SEC filings and public conference calls and webcasts.

About Qualcomm

Qualcomm is a global computing leader at the center of the AI era, enabling intelligence to scale from the most personal devices to large-scale infrastructure. Building on more than four decades of innovation, we develop platforms and solutions that bring together advanced AI, high-performance, low-power computing and industry-leading connectivity—powering products and services used around the world. At Qualcomm, we are engineering human progress.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. Qualcomm, Snapdragon, Qualcomm Dragonwing and Qualcomm Dragonfly are trademarks or registered trademarks of Qualcomm Incorporated. For more information, visit www.qualcomm.com.

Qualcomm Contact:
Brett Simpson, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com

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SOURCE Qualcomm Incorporated