QCOM Q4 FY2026 earnings: EPS beat by 0.5%, revenue beat by 2.0%
Qualcomm reported Q4 FY2026. EPS came in at $2.17 against a $2.16 consensus, beat by 0.5%. Revenue was $10.3B versus $10.1B expected, beat by 2.0%. Gross margin was 50.7%, down 240 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $2.17 | $2.16 | beat by 0.5% |
| Revenue | $10.3B | $10.1B | beat by 2.0% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $10.3B | +3.8% | -8.4% |
| Gross profit | $5.2B | -0.7% | -16.0% |
| Operating income | $1.4B | -16.7% | -53.6% |
| Net income | $1.3B | -37.5% | +140.2% |
| Diluted EPS | $1.17 | -37.4% | +142.2% |
| Gross margin: 50.7%. |
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The trend
Revenue is down 8.4% from the same quarter last year. Gross margin sits at 50.7%, 510 bps off its 8-quarter high.
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How it stacks up
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