Qualcomm : Announces Second Quarter Fiscal 2026 Results

About this update from Qualcomm Incorporated

Back to All Press Release Qualcomm Announces Second Quarter Fiscal 2026 Results Revenues: $10.6 billion GAAP EPS: $6.88, Non-GAAP EPS: $2.65 -Record Quarterly QCT Automotive Revenues- -Diversification: Combined QCT Automotive and IoT Revenues Grew 20% Year-Over-Year- -Completed $5.4B of Share Repurchases in First Half of Fiscal 2026 and Announced New $20B Authorization- Apr 29, 2026 SAN DIEGO SAN DIEGO - April 29, 2026 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal second quarter ended March 29, 2026. "We are pleased to deliver results in line with our guidance, reflecting solid execution as we navigate a challenging memory environment," said Cristiano Amon, President and CEO of Qualcomm Incorporated. "We are in a period of profound industry transformation - the rise of AI agents is reshaping our roadmap across every platform we develop. We are equally excited by our entry into the data center, where a leading hyperscaler custom silicon engagement is on track for initial shipments later this calendar year. We look forward to providing an update on our growth initiatives, including opportunities in Data Center and Physical AI, at our Investor Day on June 24." Complete Press Release About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Our Snapdragon ® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. 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. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm, Qualcomm Dragonwing and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. Contact Information Brett Simpson Investor Relations 1-858-658-4813 [email protected] Clare Conley Media Relations 1-858-845-5959 [email protected] Related Press Releases Press Release Qualcomm Recommends Stockholders Reject Mini-Tender Offer by Tutanota LLC Apr 17, 2026 Company Press Release Qualcomm Announces Quarterly Cash Dividend Apr 17, 2026 Press Release Qualcomm Schedules Second Quarter Fiscal 2026 Earnings Release and Conference Call Apr 15, 2026 Press Release Qualcomm Increases Quarterly Cash Dividend and Announces New $20 Billion Stock Repurchase Authorization Mar 17, 2026 Press Release Qualcomm and Other Industry Leaders Commit to 6G Trajectory Towards Commercialization Starting from 2029 Onwards Mar 2, 2026 MWC 6G AI

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