Filing Flows › Qualcomm (QCOM) › Q2 FY25
Qualcomm (QCOM) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Apr 30, 2025
Qualcomm (QCOM) reported revenue of $11.0B for the second quarter fiscal 2025 (Q2 FY25), +17% from a year earlier and -6% from the quarter before. Operating margin was 28.4%, net earnings $2.8B (25.6% of revenue).
Qualcomm, Q2 FY25: revenue $11.0B (+17% year over year), operating margin 28.4%, net earnings $2.8B, operating cash flow $2.6B. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.0B | -6% | +17% |
| Operating profit | $3.1B | -12% | +33% |
| Net earnings | $2.8B | -12% | +21% |
| Operating cash flow | $2.6B | -44% | -28% |
| Free cash flow | $2.3B | -46% | -31% |
What changed
Revenue was $11.0B in Q2 FY25, up 17% year over year and down 6% from the previous quarter.
Operating profit was $3.1B, a 28.4% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 49% reached operating profit, above the 25% margin then. Total costs grew 11% against revenue growth of 17%. The fastest-growing cost line was Cost of revenue (+20%). Net earnings were $2.8B, up 21% year over year. The effective tax rate was 9.4%.
Operating cash flow was $2.6B (down 28% year over year), 91% of net earnings. Non-cash charges added back $0.40B of depreciation and amortization and $0.70B of share-based compensation. Working capital and other items used $1.4B. Capital expenditures of $0.21B left free cash flow of $2.3B.
Questions
What was Qualcomm's revenue in the second quarter fiscal 2025?
Qualcomm (QCOM) reported revenue of $11.0B for the second quarter fiscal 2025 (Q2 FY25), +17% from a year earlier and -6% from the quarter before.
Was Qualcomm profitable in the second quarter fiscal 2025?
Operating profit was $3.1B (28.4% of revenue) and net earnings $2.8B.
Source: Qualcomm 10-Q on SEC EDGAR.