Filing Flows › Qualcomm (QCOM) › Q3 FY25
Qualcomm (QCOM) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Jul 30, 2025
Qualcomm (QCOM) reported revenue of $10.4B for the third quarter fiscal 2025 (Q3 FY25), +10% from a year earlier and -6% from the quarter before. Operating margin was 26.6%, net earnings $2.7B (25.7% of revenue).
Qualcomm, Q3 FY25: revenue $10.4B (+10% year over year), operating margin 26.6%, net earnings $2.7B, operating cash flow $2.9B. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.4B | -6% | +10% |
| Operating profit | $2.8B | -11% | +24% |
| Net earnings | $2.7B | -5% | +25% |
| Operating cash flow | $2.9B | +13% | -6% |
| Free cash flow | $2.6B | +10% | -3% |
What changed
Revenue was $10.4B in Q3 FY25, up 10% year over year and down 6% from the previous quarter.
Operating profit was $2.8B, a 26.6% margin (up 3.0 points year over year). Of the extra revenue versus a year earlier, 56% reached operating profit, above the 24% margin then. Total costs grew 6% against revenue growth of 10%. The fastest-growing cost line was SG&A (+16%). Net earnings were $2.7B, up 25% year over year. The effective tax rate was 9.7%.
Operating cash flow was $2.9B (down 6% year over year), 108% of net earnings. Non-cash charges added back $0.40B of depreciation and amortization and $0.66B of share-based compensation. Working capital and other items used $0.85B. Capital expenditures of $0.29B left free cash flow of $2.6B.
Questions
What was Qualcomm's revenue in the third quarter fiscal 2025?
Qualcomm (QCOM) reported revenue of $10.4B for the third quarter fiscal 2025 (Q3 FY25), +10% from a year earlier and -6% from the quarter before.
Was Qualcomm profitable in the third quarter fiscal 2025?
Operating profit was $2.8B (26.6% of revenue) and net earnings $2.7B.
Source: Qualcomm 10-Q on SEC EDGAR.