Filing Flows › Qualcomm (QCOM) › Guidance history
Qualcomm (QCOM) guidance history: what it guided and what it reported
Qualcomm gave guidance in 11 earnings releases on file since Jan 31, 2024. Of 7 guided periods since reported, it met or beat its own guidance 6 times (86%). Revenue: 6 of 6, on average +2.0% against the guided midpoint. Its releases raised guidance once and lowered it 0 times.
Revenue
Met or beat 6 of 6 periods (1 above, 5 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 FY27 | $10.4B–$11.2B (Nov 4, 2026) | — | to be reported | — |
| Q4 FY26 | $9.7B–$10.5B (Jul 29, 2026) | $10.3B | within the range | +2.2% |
| Q3 FY26 | $9.2B–$10.0B (Apr 29, 2026) | $9.9B | within the range | +3.6% |
| Q2 FY26 | $10.2B–$11.0B (Feb 4, 2026) | $10.6B | within the range | 0.0% |
| Q1 FY26 | $11.8B–$12.6B (Nov 5, 2025) | $12.3B | within the range | +0.4% |
| Q4 FY25 | $10.3B–$11.1B (Jul 30, 2025) | $11.3B | above the range | +5.3% |
| Q3 FY25 | $9.9B–$10.7B (Apr 30, 2025) | $10.4B | within the range | +0.6% |
| Q1 FY25 | $10.5B–$11.3B (Nov 6, 2024) | — | — | — |
| Q4 FY24 | $9.5B–$10.3B (Jul 31, 2024) | — | — | — |
| Q3 FY24 | $8.8B–$9.6B (May 1, 2024) | — | — | — |
Tax rate
Met or beat 0 of 1 periods (1 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 FY26 | 13.0%–14.0% (Nov 5, 2025) | 15.3% | above the range | +1.8 pts |
GAAP EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 FY27 | $1.03–$1.23 (Nov 4, 2026) | — | to be reported | — |
| Q4 FY26 | $1.22–$1.42 (Jul 29, 2026) | — | — | — |
| Q3 FY26 | $1.26–$1.46 (Apr 29, 2026) | — | — | — |
| Q2 FY26 | $1.69–$1.89 (Feb 4, 2026) | — | — | — |
| Q1 FY26 | $2.55–$2.75 (Nov 5, 2025) | — | — | — |
| Q4 FY25 | $2.23–$2.43 (Jul 30, 2025) | — | — | — |
| Q3 FY25 | $2.14–$2.34 (Apr 30, 2025) | — | — | — |
| Q1 FY25 | $2.39–$2.59 (Nov 6, 2024) | — | — | — |
| Q4 FY24 | $2.38–$2.58 (Jul 31, 2024) | — | — | — |
| Q3 FY24 | $1.74–$1.94 (May 1, 2024) | — | — | — |
The latest quarter
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
Does Qualcomm beat its guidance?
Qualcomm gave guidance in 11 earnings releases on file since Jan 31, 2024. Of 7 guided periods since reported, it met or beat its own guidance 6 times (86%). Revenue: 6 of 6, on average +2.0% against the guided midpoint.
How often does Qualcomm raise guidance?
Its earnings releases raised guidance once and lowered it 0 times since Jan 31, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.