Qualcomm Statistics 2026
By Axis Intelligence Research
Co-authors: Alex Rivera & Elena Rodriguez | Last updated: August 2, 2026 | License: CC BY 4.0
Qualcomm’s fiscal third quarter of 2026 closed on June 28 with revenues of $9.95 billion, down 4% year over year, as QCT handset revenue fell 20% to $5.09 billion while automotive hit a record $1.59 billion. Axis Intelligence Research finds that non-handset silicon now accounts for 40.2% of QCT revenue — the highest share on record, and less than half of it earned through growth.
Quick Answer
Qualcomm reported $9,947 million in fiscal Q3 2026 revenues (quarter ended June 28, 2026), a 4% year-over-year decline, with non-GAAP EPS of $2.21 versus $2.77 a year earlier. The semiconductor segment QCT delivered $8,504 million, split $5,086 million handsets (down 20%), $1,588 million automotive (up 61%), and $1,830 million IoT (up 9%). Axis Intelligence Research calculates the Axis Diversification Ratio — non-handset revenue as a share of total QCT revenue — at 40.2% for the quarter, up 10.6 percentage points year over year, and the Axis Handset Silicon Intensity at $18.33 of Qualcomm handset revenue per smartphone shipped worldwide, down 13.9% year over year.
Key Findings
- Axis Intelligence Research finds that Qualcomm’s non-handset QCT revenue reached 40.2% of segment revenue in fiscal Q3 2026, up from 29.6% in the year-ago quarter — the highest reading in the seven-quarter series Axis compiled from company filings.
- Axis Intelligence Research estimates that 53% of that 10.6-point diversification shift came from non-handset revenue growth and 47% from handset revenue contraction, based on a counterfactual decomposition of Qualcomm’s reported QCT revenue streams.
- Axis Intelligence Research calculates Qualcomm’s Handset Silicon Intensity at $18.33 per smartphone shipped globally in the June 2026 quarter, down from $22.90 in the March 2025 quarter — a 20.0% decline across the four observed quarters.
- Qualcomm’s QCT handset revenue fell 19.6% year over year in fiscal Q3 2026 while IDC reported worldwide smartphone shipments down 6.7% — a gap of 12.9 percentage points that Axis Intelligence Research identifies as content and share loss rather than market contraction.
- Qualcomm reported QCT automotive revenue of $1,588 million in fiscal Q3 2026, its 23rd consecutive quarter of double-digit year-over-year growth, against a fiscal 2029 target of $10 billion set at the company’s June 24, 2026 Investor Day.
What Were Qualcomm’s Q3 FY2026 Revenues?
Qualcomm’s third quarter fiscal 2026 earnings release, published July 29, 2026, reported total revenues of $9,947 million for the quarter ended June 28, 2026 — a 4% decline from $10,365 million a year earlier and the high end of a guidance range the company had set at $9.2 billion to $10.0 billion.
The consolidated headline understates what happened inside the business. GAAP earnings before taxes fell 17% to $2,462 million; on a non-GAAP basis, EBT fell 24% to $2,693 million. Non-GAAP EPS of $2.21 was down 20% from $2.77. Research and development expense rose to $2,607 million in the quarter — for the nine months, R&D reached $7,523 million against $6,672 million a year earlier, a 12.8% increase against revenue that declined 0.7%.
Consolidated results, Q3 FY2026 vs Q3 FY2025
| Metric | Q3 FY2026 | Q3 FY2025 | Change | Source |
|---|---|---|---|---|
| Revenues | $9,947M | $10,365M | −4% | Qualcomm Q3 FY2026 earnings release |
| GAAP EBT | $2,462M | $2,952M | −17% | Qualcomm Q3 FY2026 earnings release |
| Non-GAAP EBT | $2,693M | $3,544M | −24% | Qualcomm Q3 FY2026 earnings release |
| GAAP net income | $2,002M | $2,666M | −25% | Qualcomm Q3 FY2026 earnings release |
| GAAP diluted EPS | $1.87 | $2.43 | −23% | Qualcomm Q3 FY2026 earnings release |
| Non-GAAP diluted EPS | $2.21 | $2.77 | −20% | Qualcomm Q3 FY2026 earnings release |
All figures as of the fiscal quarter ended June 28, 2026.
The balance sheet carries the more revealing number. Inventories stood at $8,379 million at quarter end against $6,526 million at the close of fiscal 2025 — an increase of $1,853 million in nine months, in a quarter where the company was shipping less handset silicon than the market was consuming. Capital expenditures for the nine months reached $1,578 million versus $785 million a year earlier, roughly double.
Alex Rivera, Consumer Tech: Two numbers sit next to each other here and they do not agree. Handset revenue is down a fifth, and inventory is up $1.9 billion. Qualcomm’s own explanation is that OEMs — Chinese Android OEMs specifically — cut build plans to draw down channel inventory while memory prices went vertical. That is a real explanation and the filings support it. But an inventory build during a demand air pocket is a bet, and the bet is that the September quarter reconciles shipments with actual sell-through. If it does not, that $8.4 billion becomes a margin problem before it becomes a revenue problem.
Qualcomm Revenue by Segment: QCT vs QTL
Qualcomm reports through two operating segments that behave nothing alike. QCT designs and sells the silicon. QTL licenses the patent portfolio and collects per-unit royalties from device makers, most of whom are also QCT’s competitors’ customers.
Segment results, Q3 FY2026
| Segment | Revenues | EBT | EBT margin | YoY revenue change | Source |
|---|---|---|---|---|---|
| QCT (semiconductors) | $8,504M | $2,192M | 26% | −5% | Qualcomm Q3 FY2026 earnings release |
| QTL (licensing) | $1,278M | $881M | 69% | −3% | Qualcomm Q3 FY2026 earnings release |
QCT carries 86.9% of segment revenue and generated 71.3% of combined segment EBT. QTL carries 13.1% of segment revenue at a 69% EBT margin — down from 71% a year ago and from the 72% full-year margin QTL held across fiscal 2025.
The margin story inside QCT is the one that moved. QCT EBT margin fell from 30% to 26% year over year, four points. Qualcomm’s guidance commentary in the Q3 release attributes this to a broad-based increase in input costs across wafer fabrication, assembly, test, advanced packaging, and memory, and states that the company is raising product pricing to reflect those costs, with the benefit arriving gradually as pricing changes take effect.
QCT revenue streams, seven quarters
| Quarter | Handsets | Automotive | IoT | QCT total | Source |
|---|---|---|---|---|---|
| Q1 FY2025 | $7,574M | $961M | $1,549M | $10,084M | Qualcomm Q1 FY2026 earnings release |
| Q2 FY2025 | $6,929M | $959M | $1,581M | $9,469M | Qualcomm Q2 FY2026 earnings release |
| Q3 FY2025 | $6,328M | $984M | $1,681M | $8,993M | Qualcomm Q3 FY2026 earnings release |
| Q4 FY2025 | $6,961M | $1,053M | $1,807M | $9,821M | Qualcomm FY2025 Q4 earnings presentation |
| Q1 FY2026 | $7,824M | $1,101M | $1,688M | $10,613M | Qualcomm Q1 FY2026 earnings release |
| Q2 FY2026 | $6,024M | $1,326M | $1,726M | $9,076M | Qualcomm Q2 FY2026 earnings release |
| Q3 FY2026 | $5,086M | $1,588M | $1,830M | $8,504M | Qualcomm Q3 FY2026 earnings release |
Automotive has grown every quarter in this series. Handsets peaked at $7,824 million in the December 2025 quarter and have fallen $2,738 million in two quarters — 35% off the peak.
The Axis Diversification Ratio: How Much of Qualcomm Is Still a Phone Company?
Qualcomm has spent four years telling investors it is diversifying away from handsets. The company does not publish a single figure that measures whether it is working, and the two figures it does publish — automotive growth rates and IoT growth rates — describe the numerator without the denominator.
The Axis Diversification Ratio (ADR) v1.0 is defined as:
ADR = (QCT Automotive revenue + QCT IoT revenue) / total QCT revenue
All three inputs come from the QCT Revenue Streams table in Qualcomm’s quarterly earnings releases. No estimation, no weighting, no normalization. The figure is reported per fiscal quarter and carries the quarter-end date.
Axis Diversification Ratio by quarter
| Quarter | Non-handset QCT revenue | Total QCT revenue | ADR | Source |
|---|---|---|---|---|
| Q1 FY2025 | $2,510M | $10,084M | 24.9% | Axis calculation on Qualcomm filings |
| Q2 FY2025 | $2,540M | $9,469M | 26.8% | Axis calculation on Qualcomm filings |
| Q3 FY2025 | $2,665M | $8,993M | 29.6% | Axis calculation on Qualcomm filings |
| Q4 FY2025 | $2,860M | $9,821M | 29.1% | Axis calculation on Qualcomm filings |
| Q1 FY2026 | $2,789M | $10,613M | 26.3% | Axis calculation on Qualcomm filings |
| Q2 FY2026 | $3,052M | $9,076M | 33.6% | Axis calculation on Qualcomm filings |
| Q3 FY2026 | $3,418M | $8,504M | 40.2% | Axis calculation on Qualcomm filings |
Full-year fiscal 2025 ADR was 27.6% ($10,574 million of $38,367 million). The Q3 FY2026 reading of 40.2% is the baseline reading for this metric — the series begins in Q1 FY2025 and Axis Intelligence Research makes no claim about periods before it.
The Q1 FY2026 dip to 26.3% is the honest part of the chart. Handset revenue spiked to $7,824 million that quarter on flagship strength, and the ratio fell even though automotive and IoT both grew. A diversification ratio moves on two legs, which is exactly why the next calculation matters.
Decomposition: growth or contraction?
A ratio can rise because the numerator grew or because the denominator’s other component shrank. Between Q3 FY2025 and Q3 FY2026, ADR rose 10.6 points. Axis Intelligence Research decomposed the move with two counterfactuals:
- Growth-only: hold handsets at the year-ago $6,328M, let non-handset rise to its actual $3,418M. ADR = 3,418 / (6,328 + 3,418) = 35.1%, a gain of 5.44 points.
- Contraction-only: hold non-handset at the year-ago $2,665M, let handsets fall to their actual $5,086M. ADR = 2,665 / (5,086 + 2,665) = 34.4%, a gain of 4.75 points.
The two isolated effects sum to 10.19 points against an actual 10.56, leaving 0.37 points of interaction. Normalising the isolated effects: 53% of the diversification shift is attributable to non-handset growth, 47% to handset contraction.
Alex Rivera, Consumer Tech: Fifty-three/forty-seven is a more respectable split than the headline decline suggests. The lazy version of this story is that Qualcomm looks diversified only because its phone business is falling apart. That is roughly half true, which means the other half is real: automotive and IoT added $753 million of quarterly revenue in a year when the underlying device markets were contracting. What the ratio cannot tell you is durability. Automotive revenue is booked against design wins made three to five years ago; the attach rate that produces a record quarter today was locked in before anyone had heard of the memory crisis. The ADR reading to watch is not this one. It is the one two years out, when handsets have stabilised and the ratio has to climb on the numerator alone.
How Much Qualcomm Silicon Is in the Average Smartphone Sold?
Qualcomm’s handset revenue fell 20% year over year. Worldwide smartphone shipments, per IDC’s Worldwide Quarterly Mobile Phone Tracker, fell 6.7% year over year to 277.5 million units in calendar Q2 2026 — the same period as Qualcomm’s fiscal Q3. Those two numbers are usually reported in separate articles. Put them in one ratio and they say something neither says alone.
The Axis Handset Silicon Intensity (HSI) v1.0 is defined as:
HSI = QCT handset revenue (Qualcomm fiscal quarter)
/ worldwide smartphone unit shipments (closest-matching calendar quarter)
Qualcomm’s fiscal quarters end in late December, March, June, and September, aligning closely with calendar quarters. Handset revenue comes from Qualcomm’s earnings releases; unit shipments come from IDC’s tracker.
Axis Handset Silicon Intensity
| Qualcomm quarter | Calendar quarter | QCT handset revenue | Worldwide shipments | HSI | Source |
|---|---|---|---|---|---|
| Q2 FY2025 | CQ1 2025 | $6,929M | 302.6M | $22.90 | Axis calculation on Qualcomm + IDC data |
| Q3 FY2025 | CQ2 2025 | $6,328M | 297.4M* | $21.28 | Axis calculation on Qualcomm + IDC data |
| Q2 FY2026 | CQ1 2026 | $6,024M | 293.8M | $20.50 | Axis calculation on Qualcomm + IDC data |
| Q3 FY2026 | CQ2 2026 | $5,086M | 277.5M | $18.33 | Axis calculation on Qualcomm + IDC data |
*CQ2 2025 shipments derived as 277.5 / (1 − 0.067) = 297.4M from IDC’s reported CQ2 2026 volume and stated year-over-year change. IDC’s CQ1 2025 and CQ1 2026 figures are final historical; CQ2 2026 is preliminary.
HSI fell 13.9% year over year in the June 2026 quarter and 20.0% across the four observed quarters. Sequentially, it fell 10.6% from the March 2026 quarter.
This is not an average selling price. Qualcomm does not supply silicon for every smartphone shipped — Apple uses Qualcomm modems but its own application processors, Samsung splits between Exynos and Snapdragon, and Huawei has been outside Qualcomm’s product revenue since the U.S. Department of Commerce revoked the relevant export license in May 2024, a fact Qualcomm states plainly in its fiscal 2025 Form 10-K. HSI measures Qualcomm’s revenue capture across the entire global handset market. When it falls faster than units, Qualcomm is capturing less of a shrinking market.
That is the finding. IDC’s data says the market shrank 6.7%. Qualcomm’s filings say its handset revenue shrank 19.6%. The 12.9-point gap is not explained by market contraction, and Qualcomm’s own Form 10-Q for the March 2026 quarter attributes the handset decline to lower chipset shipments to certain major OEMs adjusting build plans to reduce inventory — a channel effect, not a design-loss effect. If management is right that the June quarter was the bottom for Chinese Android revenue, HSI should recover in the September and December readings. If HSI keeps falling after units stabilise, the channel explanation stops working.
Why Did Qualcomm’s Handset Revenue Fall in 2026?
The proximate cause is memory. IDC’s Nabila Popal, senior research director for worldwide consumer devices, has said memory costs rose nearly 300% year over year and now exceed 65% of bill-of-materials cost at the low end. IDC forecasts worldwide smartphone shipments falling 13.9% in 2026 to 1.09 billion units — which would be the steepest annual contraction in smartphone history — with average selling price rising to a record $550, up $100 from the prior year.
The mechanism runs through the BOM. When DRAM and NAND absorb two-thirds of a low-end device’s component budget, the OEM either raises price into a price-sensitive market or de-specs the device. Both outcomes reduce the silicon budget available for the application processor. IDC projects Android shipments down 20% in 2026 against iOS down 5.2% — and Qualcomm’s Android exposure is structurally higher than its iOS exposure, because Apple buys thin modems rather than integrated modem-plus-application-processor platforms.
IDC smartphone market context
| Metric | Value | Period | Source |
|---|---|---|---|
| Worldwide shipments | 277.5M units (−6.7% YoY) | CQ2 2026 | IDC Worldwide Quarterly Mobile Phone Tracker |
| Worldwide shipments | 293.8M units (−2.9% YoY) | CQ1 2026 | IDC Worldwide Quarterly Mobile Phone Tracker |
| Full-year forecast | 1.09B units (−13.9%) | CY2026 | IDC Worldwide Quarterly Mobile Phone Tracker |
| Forecast ASP | $550 (record) | CY2026 | IDC Worldwide Quarterly Mobile Phone Tracker |
| Android forecast | −20% YoY | CY2026 | IDC Worldwide Quarterly Mobile Phone Tracker |
| iOS forecast | −5.2% YoY | CY2026 | IDC Worldwide Quarterly Mobile Phone Tracker |
There is a second cause, and Qualcomm names it in its own risk factors rather than in its earnings commentary. The fiscal 2025 10-K states that the company expects Apple will increasingly use its own modem products rather than Qualcomm’s, with a significant negative impact on QCT revenues, results of operations, and cash flows. It also names Apple, Samsung, and Xiaomi as customers who each represented 10% or more of consolidated revenues in fiscal 2025 — and all three design their own silicon.
Qualcomm Automotive and IoT Statistics 2026
Automotive is the segment doing what the diversification story requires. Q3 FY2026 revenue of $1,588 million was up 61% year over year, and Qualcomm states it was the 23rd consecutive quarter of double-digit year-over-year growth. Combined automotive and IoT revenue grew 28% year over year to $3,418 million.
| Segment | Q3 FY2026 | Q3 FY2025 | YoY | FY2025 full year | Source |
|---|---|---|---|---|---|
| QCT Automotive | $1,588M | $984M | +61% | $3,957M | Qualcomm Q3 FY2026 earnings release |
| QCT IoT | $1,830M | $1,681M | +9% | $6,617M | Qualcomm Q3 FY2026 earnings release |
| Combined | $3,418M | $2,665M | +28% | $10,574M | Qualcomm Q3 FY2026 earnings release |
The addressable-market case for automotive rests on connectivity attach rates. Qualcomm’s 10-K cites TechInsights data putting 5G connectivity in 21% of new vehicles in 2025, projected to reach 48% by 2030, with 68% of new vehicles produced in 2030 carrying embedded cellular connectivity of some kind. Those are third-party projections in a company filing, not Qualcomm forecasts, and they should be read accordingly.
IoT’s 9% growth is the softer number in this section. It grew from $1,681M to $1,830M — $149 million — while automotive added $604 million on a base 41% smaller. For a segment carrying a fiscal 2029 target of more than $14 billion against $6,617 million in fiscal 2025, single-digit quarterly growth is not the trajectory the target implies.
Qualcomm’s Fiscal 2029 Targets: What the Company Committed To
At its Investor Day on June 24, 2026, Qualcomm raised its fiscal 2029 non-handset revenue target to $40 billion, approximately double the prior target, and unveiled a data center strategy targeting more than $15 billion by the same year.
| Target (fiscal 2029) | Value | Source |
|---|---|---|
| Non-handset QCT revenues | $40B | Qualcomm 2026 Investor Day |
| Data center revenues | >$15B | Qualcomm 2026 Investor Day |
| Automotive revenues | $10B | Qualcomm 2026 Investor Day |
| IoT revenues | >$14B | Qualcomm 2026 Investor Day |
| Automotive design-win pipeline | $65B | Qualcomm 2026 Investor Day |
| Handsets as share of QCT | ~one-third | Qualcomm 2026 Investor Day |
| Non-GAAP diluted EPS | >$18.00 | Qualcomm 2026 Investor Day |
| GAAP diluted EPS | >$14.50 | Qualcomm 2026 Investor Day |
| Total addressable market (2030) | ~$1.7T | Qualcomm 2026 Investor Day |
Axis Intelligence Research calculates the implied growth rate. Fiscal 2025 non-handset QCT revenue was $10,574 million. Reaching $40,000 million by fiscal 2029 requires a compound annual growth rate of 39.5% over four years:
(40,000 / 10,574)^(1/4) − 1 = 39.5%
Measured against the most recent quarter instead, Q3 FY2026 non-handset revenue of $3,418 million annualises to $13,672 million — the target requires 2.93× that run rate within three fiscal years. In its Q3 release, Qualcomm stated it expects non-handset revenue growth including data center to accelerate from 24% in fiscal 2026 to greater than 60% in fiscal 2027.
Alex Rivera, Consumer Tech: The $15 billion data center line is the one journalists quoted and it is the one with the least evidence behind it. Qualcomm’s own quarterly filings do not yet break out data center as a reportable segment — it sits in nonreportable segments alongside the government business, which tells you the revenue is not yet material enough to disaggregate. The company has said initial shipments to a hyperscaler begin in the December quarter and that its first-generation data center CPU enters production in the second half of 2028. So the fiscal 2029 number rests on roughly four quarters of meaningful shipping history at the point it has to be hit. Automotive earned its target the slow way, through 23 quarters of design-win conversion you could watch happen. Data center is being underwritten before the first quarter of it exists. Those two targets are in the same press release and they are not the same kind of number.
Qualcomm Company Statistics: Scale and Structure
| Metric | Value | As of | Source |
|---|---|---|---|
| Employees (full-time, part-time, temporary) | ~52,000 | FY2025 close | Qualcomm FY2025 Form 10-K |
| Countries of operation | 38 | FY2025 close | Qualcomm FY2025 Form 10-K |
| Voluntary turnover rate | ~6% | FY2025 | Qualcomm FY2025 Form 10-K |
| Customers at ≥10% of consolidated revenue | 3 (Apple, Samsung, Xiaomi) | FY2025 | Qualcomm FY2025 Form 10-K |
| Total assets | $57,367M | 2026-06-28 | Qualcomm Q3 FY2026 earnings release |
| Goodwill | $14,274M | 2026-06-28 | Qualcomm Q3 FY2026 earnings release |
| Shares outstanding | 1,057M | 2026-06-28 | Qualcomm Q3 FY2026 earnings release |
| FY2025 operating cash flow | $14,012M | FY2025 | Qualcomm FY2025 Q4 earnings presentation |
| FY2025 free cash flow (non-GAAP) | $12,820M | FY2025 | Qualcomm FY2025 Q4 earnings presentation |
| FY2025 capital returned to stockholders | $12,596M | FY2025 | Qualcomm FY2025 Q4 earnings presentation |
Goodwill rose $2,916 million between the fiscal 2025 close and the June 2026 quarter, reflecting the Alphawave Semi, Arduino, and Modular acquisitions Qualcomm completed across fiscal 2026. Share count fell from 1,074 million to 1,057 million over the same nine months.
Qualcomm Q4 FY2026 Guidance
| Metric | Guidance range | Source |
|---|---|---|
| Revenues | $9.7B – $10.5B | Qualcomm Q3 FY2026 earnings release |
| QCT revenues | $8.4B – $9.0B | Qualcomm Q3 FY2026 earnings release |
| QTL revenues | $1.2B – $1.4B | Qualcomm Q3 FY2026 earnings release |
| GAAP diluted EPS | $1.22 – $1.42 | Qualcomm Q3 FY2026 earnings release |
| Non-GAAP diluted EPS | $2.05 – $2.25 | Qualcomm Q3 FY2026 earnings release |
Guidance as of July 29, 2026. Full detail is maintained on Qualcomm’s investor relations financial information page.
The midpoint of QCT guidance, $8.7 billion, would be a sequential improvement of $196 million on Q3’s $8,504 million. Against Q4 FY2025’s $9,821 million, the midpoint implies an 11.4% year-over-year decline.
Methodology
Collection. Every figure in this article was retrieved from a primary document opened on August 2, 2026. Qualcomm financial data comes from the company’s quarterly earnings releases (furnished to the SEC on Form 8-K), its Form 10-K for fiscal year ended September 28, 2025, its Form 10-Q for the quarter ended March 29, 2026, its fourth quarter and fiscal 2025 earnings presentation, and its June 24, 2026 Investor Day release. Smartphone market data comes from IDC’s Worldwide Quarterly Mobile Phone Tracker as published on IDC’s smartphone market share page. Every figure appears as a row in the accompanying CSV with source organisation, document, URL, and retrieval date.
Fiscal-year convention. Qualcomm operates a 52–53 week fiscal year ending the last Sunday in September. Fiscal 2026 comprises 52 weeks. Fiscal quarters therefore do not align exactly with calendar quarters; the maximum offset in this dataset is six days.
Axis Diversification Ratio v1.0. ADR = (QCT Automotive revenue + QCT IoT revenue) / total QCT revenue, computed per fiscal quarter from Qualcomm’s QCT Revenue Streams disclosure. No weighting or normalisation is applied. The decomposition uses two single-variable counterfactuals against the year-ago quarter; the residual interaction term (0.37 points of 10.56) is disclosed rather than allocated, and the reported 53/47 split normalises the two isolated effects.
Axis Handset Silicon Intensity v1.0. HSI = QCT handset revenue for a Qualcomm fiscal quarter / IDC worldwide smartphone unit shipments for the closest-matching calendar quarter, expressed in U.S. dollars per smartphone shipped. Four quarters are observed. The CQ2 2025 denominator is derived from IDC’s reported CQ2 2026 volume and stated year-over-year change rather than read directly from a published CQ2 2025 figure; this is flagged in the dataset.
Limitations.
- HSI is a revenue-capture index, not an average selling price. Qualcomm does not supply silicon into every smartphone shipped, so the denominator is deliberately larger than Qualcomm’s served market. HSI cannot distinguish share loss from content loss from mix shift; it measures their combined effect.
- ADR is a mix ratio and moves on both legs. A quarter in which handsets recover strongly will lower ADR without any deterioration in the non-handset business, as the Q1 FY2026 reading of 26.3% demonstrates.
- Qualcomm does not disaggregate data center revenue in its reportable segments; it sits within nonreportable segments. No data center revenue figure appears in this dataset because none is disclosed in a primary filing. The $0.3 billion fiscal 2026 figure circulated after Investor Day could not be traced to a primary Qualcomm document and is therefore excluded.
- IDC’s CQ2 2026 shipment figure is preliminary and subject to revision when final historical data publishes. HSI for that quarter will be recomputed if IDC revises.
- Fiscal 2029 targets are company guidance, not observations. They are labelled as targets throughout.
- Q1 FY2026 total revenue of $12,252 million is derived by subtraction from nine-month and quarterly totals in Qualcomm’s filings; the company reported it as “$12.3 billion.”
Arithmetic verification. All ratios, decompositions, growth rates, and derived figures were computed in Python and checked against the source values. QCT revenue stream components were verified to sum to reported segment totals in all seven quarters.
About This Dataset
Title: Qualcomm Statistics 2026 — Segment Revenue, Handset Silicon Intensity, and Diversification Dataset
Publisher: Axis Intelligence Research
Contents: 175 rows covering Qualcomm consolidated results, QCT and QTL segment performance, seven quarters of QCT revenue streams, two proprietary Axis metrics with full method notes, IDC smartphone market context, fiscal 2029 targets, and Q4 FY2026 guidance.
Temporal coverage: Fiscal Q1 2025 (quarter ended December 29, 2024) through fiscal Q3 2026 (quarter ended June 28, 2026), plus fiscal 2029 company targets.
Spatial coverage: Global.
Format: UTF-8 CSV, one row per observation, with source_org, source_document, source_url, retrieved_date, is_primary, axis_calculated, and method_note columns on every row.
License: Creative Commons Attribution 4.0 International (CC BY 4.0). Free to reuse, republish, and build on with attribution.
Citation
APA Axis Intelligence Research. (2026). Qualcomm statistics 2026: Revenue by segment, handset decline, and the diversification math. Axis Intelligence. https://axis-intelligence.com/qualcomm-statistics/
MLA Axis Intelligence Research. “Qualcomm Statistics 2026: Revenue by Segment, Handset Decline, and the Diversification Math.” Axis Intelligence, 2 Aug. 2026, axis-intelligence.com/qualcomm-statistics/.
Chicago Axis Intelligence Research. “Qualcomm Statistics 2026: Revenue by Segment, Handset Decline, and the Diversification Math.” Axis Intelligence, August 2, 2026. https://axis-intelligence.com/qualcomm-statistics/.
Dataset citation Axis Intelligence Research. Qualcomm Statistics 2026 Dataset. 2026. CC BY 4.0. https://axis-intelligence.com/qualcomm-statistics/
Frequently Asked Questions
How much revenue did Qualcomm make in Q3 fiscal 2026?
Qualcomm reported total revenues of $9,947 million for its fiscal third quarter ended June 28, 2026, a 4% decline from $10,365 million in the year-ago quarter. GAAP diluted EPS was $1.87 and non-GAAP diluted EPS was $2.21.
What is Qualcomm’s annual revenue?
Qualcomm reported GAAP revenues of $44,284 million for fiscal 2025, which ended September 28, 2025. Non-GAAP revenues were $44,141 million. Through the first nine months of fiscal 2026, revenues totalled $32,798 million against $33,013 million in the same period of fiscal 2025.
How much of Qualcomm’s revenue comes from smartphones?
QCT handset revenue was $5,086 million of $8,504 million in total QCT revenue in fiscal Q3 2026 — 59.8%. Axis Intelligence Research calculates the corresponding non-handset share, the Axis Diversification Ratio, at 40.2%. For full-year fiscal 2025, handsets were $27,793 million of $38,367 million in QCT revenue, or 72.4%.
Why is Qualcomm’s handset revenue falling?
Qualcomm attributes the decline to industry-wide memory supply constraints and related price increases, which caused handset OEMs — particularly in China — to reduce build plans and draw down channel inventory. IDC reports memory costs up nearly 300% year over year, exceeding 65% of bill-of-materials cost at the low end, and forecasts worldwide smartphone shipments down 13.9% in 2026.
What is the Axis Handset Silicon Intensity?
It is an Axis Intelligence Research metric measuring Qualcomm’s QCT handset revenue per smartphone shipped worldwide, calculated by dividing Qualcomm’s quarterly handset revenue by IDC’s worldwide smartphone unit shipments for the matching calendar quarter. The reading for the June 2026 quarter is $18.33, down 13.9% year over year. It is a revenue-capture index rather than an average selling price, because the denominator is the entire global smartphone market rather than Qualcomm-served units.
What are Qualcomm’s automotive revenues?
QCT automotive revenue was $1,588 million in fiscal Q3 2026, up 61% year over year and the 23rd consecutive quarter of double-digit year-over-year growth. Full-year fiscal 2025 automotive revenue was $3,957 million. Qualcomm targets $10 billion in automotive revenue by fiscal 2029 against a design-win pipeline it puts at $65 billion.
What is Qualcomm’s data center revenue?
Qualcomm does not disaggregate data center revenue in its reportable segments; the business sits within nonreportable segments in the company’s filings. At its June 24, 2026 Investor Day, Qualcomm set a target of more than $15 billion in data center revenue by fiscal 2029. No audited data center revenue figure was available in a primary Qualcomm document as of August 2, 2026.
Who are Qualcomm’s biggest customers?
Qualcomm’s fiscal 2025 Form 10-K states that Apple, Samsung, and Xiaomi each accounted for 10% or more of consolidated revenues. The filing also notes that all three develop their own integrated circuit products, and specifically that Qualcomm expects Apple will increasingly use its own modem products.
What are Qualcomm’s fiscal 2029 targets?
Qualcomm targets $40 billion in non-handset QCT revenue by fiscal 2029, comprising more than $15 billion data center, $10 billion automotive, and more than $14 billion IoT, with handsets falling to approximately one-third of QCT revenue. The company targets non-GAAP diluted EPS above $18.00 and GAAP diluted EPS above $14.50.
How many people does Qualcomm employ?
Qualcomm reported approximately 52,000 full-time, part-time, and temporary workers at the close of fiscal 2025 on September 28, 2025, working in over 200 locations across 38 countries, with a voluntary turnover rate of approximately 6% during the fiscal year.
Authors: Axis Intelligence Research (data, methodology, and metric construction) with Alex Rivera, Consumer Technology (analysis).
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