QUALCOMM INC/DE · Radio & Tv Broadcasting & Communications Equipment

QCOM

Low riskAI: Chips and memoryNext report: Around Nov 4 (est.)

View price ↗

The short version

A profitable company with steady sales.

Going well

Profitable
Sales up 14% last year
Brings in more cash than it spends

Money moves

Insiders sold $775K in the last 30 days, all through pre-planned sales
Institutions added 2.4% to their holdings in the quarter ending June 2026 (1366 bought, 1450 sold)
Held by Philippe Laffont (Coatue), Ray Dalio (Bridgewater), David Tepper (Appaloosa)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$179.62+2.1% that day

Company value: $188.6B; Share price times all shares
Price vs profit (P/E): 20.5x; You pay about $21 for each $1 of yearly profit
Price vs sales: 4.3x; Company value is 4.3 times a year of sales
Dividend yield: 1.9%; Yearly dividend as a share of today's price
Cash vs value: 2%; Cash as a share of company value
Debt vs value: 8%; Debt as a share of company value

From QCOM's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$9.9B-4.0% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $44.1B, up 1.9% from the 12 months before. Over 5 years, sales grew about 14% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of QCOM. Starting points are the company's recent numbers.

Sales growth+2% a yearRecently: +1.9% a yearProfit margin21%Last 12 months: 21.0%P/E at the end21xToday: 20.5x. Many steady companies trade at 12x to 25xShare count change-1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$48.7B

Profit in 5 years$10.2B

Price these guesses point to$214.89+20% vs $179.62 todayAbout +3.7% a year, before dividends

What today's price needs: with a 21% margin and a 21x P/E, sales could shrink about 1.6% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

3/4Mixed

PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.12.5%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$14.0B
PassShare count not growingNot diluting owners. Falling means buybacks.-2.8% in 3 years

Revenue: $44.3B; +13.7% vs prior year
5-year growth: +13.5%/yr; revenue, per year
Total debt: $14.8B
Current ratio: 2.51x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity, gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 28, 2026

Reported Jul 29

Revenue: $9.9B; -4.0% YoY
EPS: $1.87; vs $2.43
Op. margin: 16.3%; -10.3 pts
Gross margin: 53.1%; -2.5 pts
Free cash flow: $495.0M
Share count: -2.7%; vs a year ago

Insider rating

Last 90 days

44Mixed

Pre-planned sales of $2.8M (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

68/ 100

This week: 6
Normal week: 2.9
vs normal: 2.1x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+2.4%

Institutions added 2.4% to their holdings. 1366 bought, 1450 sold.

Shares held by institutions842.3M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-2.0%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.5x · $12.8B debt

Shares outstandingLatest reported

1.1B

Why low risk

3 offering filings in 6 months (may sell new shares)

Earnings reports

Last 12

Next reportAround Nov 4 (est.)Estimated from the same quarter last year

Results filedJul 29
Results filedApr 29
Results filedFeb 4
Results filedNov 5, 2025
Results filedJul 30, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

Shelf offering registrationOct 2 · View filing ↗Offering Unregistered share saleSep 8 · View filing ↗Offering New 5%+ holder (passive)Aug 7 · View filing ↗Big holder Unregistered share saleJun 24 · View filing ↗Offering

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$2.8M4 insiders, 4 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Akash J. PalkhiwalaEVP, CFO & COO	Sell	3K	$175.06	$438K	21K	Oct 20Filing ↗
-10.7% of their holdings $171.88 to $176.58 across 6 trades Pre-planned sale (10b5-1) Filed same day
Ann C ChaplinEVP, GenCounsel&CorpSecretary	Sell	2K	$174.75	$319K	26K	Oct 16Filing ↗
-6.6% of their holdings Pre-planned sale (10b5-1) Filed same day
Patricia Y GrechSVP, Chief Accounting Officer	Sell	98	$186.55	$18K	0	Oct 2Filing ↗
Sold entire stake Held via Trust Pre-planned sale (10b5-1) Filed same day
Cristiano R AmonPresident & CEO	Sell	10K	$200.00	$2.0M	178K	Sep 25Filing ↗
-5.3% of their holdings Held via Trust Pre-planned sale (10b5-1) Also Director Filed same day