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Qualcomm (QCOM) free cash flow by quarter

Qualcomm's free cash flow was $1.8B in Q4 FY26 (fourth quarter fiscal 2026), +268% from Q3 FY26. Over the last 7 quarters it ranged from $495M (Q3 FY26) to $4.4B (Q1 FY26).

Qualcomm free cash flow by quarterQualcomm free cash flow by quarter$2.3BQ2 FY25$2.6BQ3 FY25$3.6BQ4 FY25$4.4BQ1 FY26$1.9BQ2 FY26$495MQ3 FY26$1.8BQ4 FY26
QuarterFree cash flowQ/QY/Y
Q4 FY26$1.8B+268%-49%
Q3 FY26$495M-74%-81%
Q2 FY26$1.9B-57%-18%
Q1 FY26$4.4B+23%—
Q4 FY25$3.6B+39%—
Q3 FY25$2.6B+10%—
Q2 FY25$2.3B——

Q4 FY26 at a glance

Qualcomm, Q4 FY26: revenue $10.3B (-8% year over year), operating margin 13.1%, net earnings $1.3B, operating cash flow $2.7B. The chart follows the revenue to costs, profit and cash.

Questions

What is Qualcomm's free cash flow?

Qualcomm's free cash flow was $1.8B in Q4 FY26 (fourth quarter fiscal 2026), +268% from Q3 FY26.

How has Qualcomm's free cash flow changed?

Over the last 7 quarters it ranged from $495M (Q3 FY26) to $4.4B (Q1 FY26).

Q4 FY26 results → · How Qualcomm makes money →