Filing Flows › Qualcomm (QCOM) › Q4 FY26
Qualcomm (QCOM) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Nov 4, 2026
Qualcomm (QCOM) reported revenue of $10.3B for the fourth quarter fiscal 2026 (Q4 FY26), -8% from a year earlier and +4% from the quarter before. Operating margin was 13.1%, net earnings $1.3B (12.1% of revenue).
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.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.3B | +4% | -8% |
| Operating profit | $1.4B | -17% | -54% |
| Net earnings | $1.3B | -38% | — |
| Operating cash flow | $2.7B | +176% | -31% |
| Free cash flow | $1.8B | +268% | -49% |
What changed
Revenue was $10.3B in Q4 FY26, down 8% year over year and up 4% from the previous quarter.
Operating profit was $1.4B, a 13.1% margin (down 12.8 points year over year). Total costs grew 7% against a revenue fall of 8%. The fastest-growing cost line was Other operating costs (+503%). Net earnings were $1.3B. The effective tax rate was -6.6%.
Operating cash flow was $2.7B (down 31% year over year), 219% of net earnings. Non-cash charges added back $0.43B of depreciation and amortization and $0.87B of share-based compensation. Working capital and other items added $0.19B. Capital expenditures of $0.92B left free cash flow of $1.8B.
Questions
What was Qualcomm's revenue in the fourth quarter fiscal 2026?
Qualcomm (QCOM) reported revenue of $10.3B for the fourth quarter fiscal 2026 (Q4 FY26), -8% from a year earlier and +4% from the quarter before.
Was Qualcomm profitable in the fourth quarter fiscal 2026?
Operating profit was $1.4B (13.1% of revenue) and net earnings $1.3B.
Source: Qualcomm 10-K on SEC EDGAR.