CSIMarket
 


Qualcomm Inc  (QCOM)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 

QCOM's Net Income Growth by Quarter and Year

Qualcomm Inc's Net Income results by quarter and year




QCOM Net Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter September - 1,490.00 2,873.00 2,799.00
III Quarter June - 1,803.00 3,730.00 2,027.00
II Quarter March - 1,704.00 2,934.00 1,762.00
I Quarter December 2,767.00 2,235.00 3,399.00 2,455.00
FY   2,767.00 7,232.00 12,936.00 9,043.00



QCOM Net Income first quarter 2024 Y/Y Growth Comment
Qualcomm Inc achieved in the first quarter 2024, above Company average Net Income growth of 23.8% year on year, to $ 2,767.00 millions.

According to the results reported in the first quarter 2024, Qualcomm Inc achieved the best Net Income growth in Consumer Electronics industry. While Qualcomm Inc' s Net Income rise of 23.8% ranks overall at the positon no. 97 in the first quarter 2024.




QCOM Net Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter September - -48.14 % 2.64 % -5.44 %
III Quarter June - -51.66 % 84.02 % 139.88 %
II Quarter March - -41.92 % 66.52 % 276.5 %
I Quarter December 23.8 % -34.25 % 38.45 % 165.41 %
FY   - -44.09 % 43.05 % 73.97 %

Financial Statements
Qualcomm Inc's first quarter 2024 Net Income $ 2,767.00 millions QCOM's Income Statement
Qualcomm Inc's first quarter 2023 Net Income $ 2,235.00 millions Quarterly QCOM's Income Statement
New: More QCOM's historic Net Income Growth >>


QCOM Net Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter September - -17.36 % -22.98 % 38.09 %
III Quarter June - 5.81 % 27.13 % 15.04 %
II Quarter March - -23.76 % -13.68 % -28.23 %
I Quarter December 85.7 % -22.21 % 21.44 % -17.06 %
FY (Year on Year)   - -44.09 % 43.05 % 73.97 %




Net Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry #0
Technology Sector #20
Overall #97

Net Income Y/Y Growth Statistics
High Average Low
235.42 % 6.97 % -297.32 %
(Jun 27 2021)   (Sep 30 2018)
Net Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry #0
Technology Sector #20
Overall #97
Net Income Y/Y Growth Statistics
High Average Low
235.42 % 6.97 % -297.32 %
(Jun 27 2021)   (Sep 30 2018)

Net Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Qualcomm Inc's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
250.3 % 11.74 % -80.35 %
(Sep 27 2020)  


QCOM's I. Quarter Q/Q Net Income Comment
Qualcomm Inc achieved in the I. Quarter 2024 above company average sequential Net Income jump of 85.7%, to $ 2,767.00 millions, from $1,490.00 millions in the fourth quarter.
Qualcomm Inc is going from strength to strength, with recording better then regular increase, and also increasing speed, Aarohi Pillai , Technology sector researcher said.

Within Consumer Electronics industry Qualcomm Inc achieved highest sequential Net Income growth. While Qualcomm Inc's Net Income growth quarter on quarter, overall rank is 29.


Net Income Q/Q Growth Company Ranking
Within: No.
Consumer Electronics Industry #1
Technology Sector #7
Overall #29
Net Income Q/Q Growth Company Ranking
Within: No.
Consumer Electronics Industry #1
Technology Sector #7
Overall #29
Net Income Q/Q Growth Statistics
High Average Low
250.3 % 11.74 % -80.35 %
(Sep 27 2020)  


QCOM's I. Quarter Q/Q Net Income Comment
Qualcomm Inc achieved in the I. Quarter 2024 above company average sequential Net Income jump of 85.7%, to $ 2,767.00 millions, from $1,490.00 millions in the fourth quarter.
QCOM is undergoing a remarkable growth, not just reporting better then normal gain, but also improving rate.

Within Consumer Electronics industry Qualcomm Inc achieved highest sequential Net Income growth. While Qualcomm Inc's Net Income growth quarter on quarter, overall rank is 29.


Qualcomm Inc's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 24 2023)
12 Months Ending
(Sep 24 2023)
12 Months Ending
(Jun 25 2023)
12 Months Ending
(Mar 26 2023)
12 Months Ending
(Dec 25 2022)
Cumulative Net Income 12 Months Ending $ 7,764.00 $ 7,232.00 $ 8,615.00 $ 10,542.00 $ 11,772.00
Y / Y Net Income Growth (TTM) -34.05 % -44.09 % -33.02 % -5.53 % 17.87 %
Year on Year Net Income Growth Overall Ranking # 41 # 184 # 404 # 283 # 332
Seqeuential Net Income Change (TTM) 7.36 % -16.05 % -18.28 % -10.45 % -9 %
Seq. Net Income Growth (TTM) Overall Ranking # 97 # 461 # 640 # 471 # 948




Cumulative Net Income growth Comment
Qualcomm Inc showed decline, but improvement compare to trailing twelve month Net Income decrease in Sep 24 2023. If the fiscal year would end in Dec 24 2023, Qualcomm Inc's annual Net Income decrease would be -34.05% year on year to $7,764 millions.

Among companies within the Technology sector 4 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 41, from total ranking in previous quarter at 184.

Net Income TTM Q/Q Growth Statistics
High Average Low
235.42 %
6.97 %
-297.32 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry # 0
Technology Sector # 5
Overall # 41

Net Income TTM Y/Y Growth Statistics
High Average Low
235.42 %
6.97 %
-297.32 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 0
Sector # 20
S&P 500 # 97
Cumulative Net Income growth Comment
Qualcomm Inc showed decline, but improvement compare to trailing twelve month Net Income decrease in Sep 24 2023. If the fiscal year would end in Dec 24 2023, Qualcomm Inc's annual Net Income drop would be -34.05% year on year to $7,764 millions.

Among companies within the Technology sector 4 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 41, from total ranking in previous quarter at 184.

Net Income TTM Q/Q Growth Statistics
High Average Low
235.42 %
6.97 %
-297.32 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry # 0
Technology Sector # 5
Overall # 41

Net Income TTM Y/Y Growth Statistics
High Average Low
235.42 %
6.97 %
-297.32 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 0
Sector # 20
S&P 500 # 97




Other Net Income Growth
Consumer Electronics Industry Net Income Growth Trends and Statistics
Technology Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
QCOM's Net Income Growth Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for QCOM's Competitors
Net Income Growth for Qualcomm Inc's Suppliers
Net Income Growth for QCOM's Customers

You may also want to know
QCOM's Annual Growth Rates QCOM's Profitability Ratios QCOM's Asset Turnover Ratio QCOM's Dividend Growth
QCOM's Roe QCOM's Valuation Ratios QCOM's Financial Strength Ratios QCOM's Dividend Payout Ratio
QCOM's Roa QCOM's Inventory Turnover Ratio QCOM's Growth Rates QCOM's Dividend Comparisons



Companies with similar Net Income drop for the quarter ending Dec 24 2023 within Technology SectorY/Y Change %Net Income for the quarter ending Dec 24 2023
Trade Desk Inc 36.71%$ 36.715 millions
Aci Worldwide inc 35.90%$ 35.896 millions
Cadence Design Systems Inc 34.74%$ 34.738 millions
Cirrus Logic Inc 34.06%$ 34.062 millions
Leidos Holdings Inc 27.78%$ 27.778 millions
Karooooo Ltd 27.74%$ 27.738 millions
Nice Ltd 27.21%$ 27.207 millions
Adobe Inc 26.11%$ 26.105 millions
Tyler Technologies Inc 25.18%$ 25.183 millions
Qualcomm Inc23.80%$ 23.803 millions
International Business Machines Corporation21.33%$ 21.328 millions
Sps Commerce Inc 19.45%$ 19.453 millions
Fortive Corporation16.73%$ 16.725 millions
Cheer Holding Inc 15.46%$ 15.461 millions
Enfusion inc 14.21%$ 14.213 millions
Jack Henry and Associates Inc 13.85%$ 13.853 millions
Endava Plc13.32%$ 13.322 millions
Apple Inc 13.06%$ 13.061 millions
Key Tronic Corporation12.10%$ 12.099 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com