Core Insights - Qualcomm reported strong fiscal Q1 results with a record revenue of $11.67 billion, a 17% increase year-over-year, surpassing analyst expectations [2][8] - Despite robust performance, Qualcomm's stock fell, attributed to slightly lower-than-expected licensing revenue and market reactions [10][13] Revenue Performance - Qualcomm achieved double-digit revenue growth for the third consecutive quarter, setting a new quarterly record [2] - Revenue from the chip segment (QCT) rose 20% to $10.1 billion, with handset revenue increasing 13% to $7.6 billion, automotive revenue soaring 61% to $961 million, and IoT revenue surging 36% to $1.5 billion [3][7] Segment Analysis - The strong performance in handset revenue was driven by higher volumes from premium Android devices, particularly the Samsung Galaxy S25 [4] - In the automotive segment, Qualcomm is collaborating with automakers on AI-powered systems, indicating growth potential in this area [5] - The licensing segment (QTL) saw a 5% increase in revenue to $1.5 billion, with key agreements extended with major OEMs [6][7] Future Guidance - Qualcomm provided guidance for fiscal Q2 revenue between $10.3 billion and $11.2 billion, indicating growth of 10% to 19% [8] - The company anticipates a 10% increase in handset revenue, a 50% growth in automotive revenue, and a 15% rise in IoT revenue for the upcoming quarter [9] Market Position and Valuation - Qualcomm is aiming to generate approximately $22 billion in non-handset revenue by 2029, more than doubling its current non-handset revenue run rate [12] - The company trades at a forward P/E ratio of 15 and a PEG ratio of 0.6, suggesting it may be undervalued compared to growth expectations [12]

Qualcomm Incorporated (QCOM) reported strong first-quarter fiscal 2025 results, with adjusted earnings and revenues beating the respective Zacks Consensus Estimate, driven by healthy demand trends in Android handsets and automotive businesses. Both metrics improved year over year, led by the strength of the business model, revenue diversification and the ability to respond proactively to the evolving market scenario.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Net IncomeOn a GAAP b ...

KEY TAKEAWAYSQualcomm stock is falling 5% in premarket trading Thursday, a day after the company's lower-than-estimated licensing revenue offset record quarterly sales.The chipmaker reported fiscal 2025 first-quarter revenue and profit above Visible Alpha estimates. However, investors seemed to focus on Qualcomm's licensing revenue, which undershot forecasts. Qualcomm (QCOM) stock is falling 5% in premarket trading Thursday, a day after the company’s lower-than-estimated licensing revenue offset record quar ...

Wednesday, February 5, 2025Market indexes put in a fine showing at the closing bell today, climbing in the final minutes of trading across major indexes and ending the day at or near session highs. The Dow gathered an impressive +317 points today, +0.71%, while the S&P 500 and tech-heavy Nasdaq were up +0.39% and +0.19%, respectively. The small-cap Russell 2000 beat the rest of the field, +1.14% for the trading day.Ultimately, it was a mixed bag of economic data throughout today: ADP (ADP) private-sector pa ...

Operator Ladies and gentlemen, thank you for standing by. Welcome to the Qualcomm First Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we'll conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded February 5, 2025. The playback number for today's call is (877) 660-6853. International callers, please dial (201) 612-7415. The playback reservation number is 13750899. I would now like to turn ...

Qualcomm (QCOM) came out with quarterly earnings of $3.41 per share, beating the Zacks Consensus Estimate of $2.93 per share. This compares to earnings of $2.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.38%. A quarter ago, it was expected that this chipmaker would post earnings of $2.56 per share when it actually produced earnings of $2.69, delivering a surprise of 5.08%.Over the last four quarters, the company has su ...

First Quarter Fiscal 2025 Earnings February 5, 2025 Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. References in this presentation to "Qualcomm" may mean Qualcomm Incorporated, Qualcomm Technologies, Inc., and/or other subsidiaries or business units within the Qualcomm corporate structure, as applicable. Note Regarding Forward-Looking Statements In addition to historical information, this document and the conference call that it accompanies cont ...

Qualcomm surpassed expectations in its latest earnings report, achieving record revenue and earnings amid continued diversification in key segments.Wireless technologies specialist Qualcomm (QCOM 1.63%) reported fiscal 2025 first-quarter earnings on Wednesday, Feb. 5, that topped analyst consensus top- and bottom-line estimates. Adjusted EPS soared to $3.41, exceeding the analyst estimate of $2.96. Revenue reached $11.67 billion, topping the predicted $10.91 billion. The quarter highlighted significant grow ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _____________________ (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 0-19528 QUALCOMM Incorporated (Exact name of registrant as specified in its charter) Delaware 95-3685934 ...