Form 8-K · Current report

Qualcomm 8-K, filed Jul 29, 2026

Filed
CIK
0000804328
Accession no.
0000804328-26-000085
AI-generated summary

Summary

Qualcomm reported fiscal third-quarter 2026 revenue of $9.9 billion, down 4% year over year, with GAAP EPS of $1.87 and non-GAAP EPS of $2.21, as automotive revenue rose 61% and handset revenue fell 20%. CEO Cristiano Amon said results came in at the high end of guidance despite a challenging memory and supply environment, and Qualcomm forecast fourth-quarter revenue of $9.7 billion to $10.5 billion and non-GAAP EPS of $2.05 to $2.25.

Key points

  • Qualcomm completed its acquisition of Modular Inc, which it said creates an open software foundation for generative and agentic AI.
  • QCT automotive revenue rose 61% year over year, the 23rd consecutive quarter of double-digit growth, while handset revenue fell 20%; combined QCT automotive and IoT revenue grew 28%.
  • Qualcomm returned $2.3 billion to stockholders during the quarter, including $973 million in dividends and $1.4 billion in share repurchases.
  • Qualcomm said the semiconductor industry is seeing broad-based increases in wafer fabrication, assembly, test, advanced packaging, memory and other input costs, and that it is taking pricing actions expected to benefit gross margins over time.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02. Results of Operations and Financial Condition. On July 29, 2026, QUALCOMM Incorporated (the Company) issued a press release regarding the Company’s financial results for its third quarter of fiscal 2026. A copy of that press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference. The press release includes Non-GAAP financial measures as defined in Regulation G. The press release also includes the most directly comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the United States (GAAP), information reconciling the Non-GAAP financial measures to the GAAP financial measures and a discussion…

An excerpt of the text as filed with the SEC, cut for length.

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