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

QCOM's Operating Income Growth by Quarter and Year

Qualcomm Inc's Operating Income results by quarter and year




QCOM Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter September - 3,666.00 2,902.00 3,452.00
III Quarter June 1,823.00 4,472.00 2,195.00 782.00
II Quarter March 2,090.00 3,858.00 2,166.00 991.00
I Quarter December 2,465.00 3,864.00 2,526.00 1,030.00
FY   6,378.00 15,860.00 9,789.00 6,255.00



QCOM Operating Income third quarter 2023 Y/Y Growth Comment
Qualcomm Inc reported drop in Operating Income in the third quarter 2023 by -59.24% to $ 1,823.00 millions, from the same quarter in 2022.
The fall in the third quarter 2023 Qualcomm Inc's Operating Income compares unfavorably to the Company's average Operating Income rise of 36.77%.

Looking into third quarter 2023 results within Consumer Electronics industry 4 other companies have achieved higher Operating Income growth. While Qualcomm Inc' s Operating Income meltdown of -59.24% ranks overall at the positon no. 670 in the third quarter 2023.

Explain Operating Income growth


QCOM Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter September - 26.33 % -15.93 % 393.14 %
III Quarter June -59.24 % 103.74 % 180.69 % -85.29 %
II Quarter March -45.83 % 78.12 % 118.57 % 5.43 %
I Quarter December -36.21 % 52.97 % 145.24 % 45.07 %
FY   - 62.02 % 56.5 % -18.42 %

Financial Statements
Qualcomm Inc's third quarter 2023 Operating Income $ 1,823.00 millions QCOM's Income Statement
Qualcomm Inc's third quarter 2022 Operating Income $ 4,472.00 millions Quarterly QCOM's Income Statement
New: More QCOM's historic Operating Income Growth >>


QCOM Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter September - -18.02 % 32.21 % 341.43 %
III Quarter June -12.78 % 15.91 % 1.34 % -21.09 %
II Quarter March -15.21 % -0.16 % -14.25 % -3.79 %
I Quarter December -32.76 % 33.15 % -26.83 % 47.14 %
FY (Year on Year)   - 62.02 % 56.5 % -18.42 %




Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry #5
Technology Sector #76
Overall #670

Operating Income Y/Y Growth Statistics
High Average Low
933.29 % 36.77 % -71.61 %
(Sep 29 2019)   (Sep 30 2018)
Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry #5
Technology Sector #76
Overall #670
Operating Income Y/Y Growth Statistics
High Average Low
933.29 % 36.77 % -71.61 %
(Sep 29 2019)   (Sep 30 2018)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Qualcomm Inc's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
1420.69 % 30.95 % -91.32 %
(Mar 25 2018)  


QCOM's III. Quarter Q/Q Operating Income Comment
In the III. Quarter 2023 Qualcomm Inc realized drop in Operating Income sequentially by -12.78% to $ 1,823.00 millions, from $ 2,090.00 millions declared in the previous reporting period.

Albeit cyclical influence commonly elevate III. Quarter 2023 results, it simply has not been substantial to recover Consumer Electronics's company III. Quarter outcome, Harriet  Walker, an industry insider situated in New York said.

Within Consumer Electronics industry 4 other companies have achieved higher Operating Income quarter on quarter growth. While Qualcomm Inc's Operating Income growth quarter on quarter, overall rank is 1361.


Operating Income Q/Q Growth Company Ranking
Within: No.
Consumer Electronics Industry #5
Technology Sector #119
Overall #1361
Operating Income Q/Q Growth Company Ranking
Within: No.
Consumer Electronics Industry #5
Technology Sector #119
Overall #1361
Operating Income Q/Q Growth Statistics
High Average Low
1420.69 % 30.95 % -91.32 %
(Mar 25 2018)  


QCOM's III. Quarter Q/Q Operating Income Comment
In the III. Quarter 2023 Qualcomm Inc reported drop in Operating Income from the previous quarter by -12.78% to $ 1,823.00 millions, from $ 2,090.00 millions released in the previous quarter.

Even seasonal influence which normally elevate III. Quarter 2023 performance, were not able to salvage the III. Quarter for the Qualcomm Inc, Harriet  Walker, an industry insider situated in New York said, she identified additional headwinds ahead for the Consumer Electronics's company.

Within Consumer Electronics industry 4 other companies have achieved higher Operating Income quarter on quarter growth. While Qualcomm Inc's Operating Income growth quarter on quarter, overall rank is 1361.


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


Operating Income TTM Growth

12 Months Ending
(Jun 25 2023)
12 Months Ending
(Mar 26 2023)
12 Months Ending
(Dec 25 2022)
12 Months Ending
(Sep 25 2022)
12 Months Ending
(Jun 26 2022)
Cumulative Operating Income 12 Months Ending $ 10,044.00 $ 12,693.00 $ 14,461.00 $ 15,860.00 $ 15,096.00
Y / Y Operating Income Growth (TTM) -33.47 % -0.98 % 29.96 % 62.02 % 46.01 %
Year on Year Operating Income Growth Overall Ranking # 390 # 263 # 366 # 242 # 613
Seqeuential Operating Income Change (TTM) -20.87 % -12.23 % -8.82 % 5.06 % 17.76 %
Seq. Operating Income Growth (TTM) Overall Ranking # 670 # 487 # 733 # 515 # 77




Cumulative Operating Income growth Comment
Qualcomm Inc's cumulative 12 months Operating Income continue to drop, but on the faster rate at -33.47% year on year, at Jun 25 2023 compare to the -0.98% decrease at Mar 26 2023. If the Qualcomm Inc's fiscal year would end at Jun 25 2023, annual Operating Income would be $10,044 millions.

In the Technology sector 47 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 263 to 390.

Operating Income TTM Q/Q Growth Statistics
High Average Low
933.29 %
36.77 %
-71.61 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry # 5
Technology Sector # 48
Overall # 390

Operating Income TTM Y/Y Growth Statistics
High Average Low
933.29 %
36.77 %
-71.61 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 76
S&P 500 # 670
Cumulative Operating Income growth Comment
Qualcomm Inc's cumulative 12 months Operating Income continue to drop, but on the faster rate at -33.47% year on year, at Jun 25 2023 compare to the -0.98% decrease at Mar 26 2023. If the Qualcomm Inc's fiscal year would end at Jun 25 2023, annual Operating Income would be $10,044 millions.

In the Technology sector 47 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 263 to 390.

Operating Income TTM Q/Q Growth Statistics
High Average Low
933.29 %
36.77 %
-71.61 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry # 5
Technology Sector # 48
Overall # 390

Operating Income TTM Y/Y Growth Statistics
High Average Low
933.29 %
36.77 %
-71.61 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 76
S&P 500 # 670




Other Operating Income Growth
Consumer Electronics Industry Operating Income Growth Trends and Statistics
Technology Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
QCOM's Operating Income Growth Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for QCOM's Competitors
Operating Income Growth for Qualcomm Inc's Suppliers
Operating 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 Operating Income drop for the quarter ending Jun 25 2023 within Technology SectorY/Y Change %Operating Income for the quarter ending Jun 25 2023
Ebix Inc-3.21%$ -3.209 millions
F5 Inc -3.62%$ -3.624 millions
Godaddy Inc -4.01%$ -4.013 millions
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Gartner Inc -4.72%$ -4.717 millions
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Everspin Technologies Inc -6.72%$ -6.724 millions
Inspired Entertainment Inc -7.46%$ -7.463 millions
Perficient Inc -9.49%$ -9.494 millions
Ziprecruiter Inc -10.25%$ -10.252 millions
Dxc Technology Company-11.43%$ -11.429 millions
Innovative Solutions And Support inc -11.76%$ -11.760 millions
Open Text Corp-11.85%$ -11.850 millions
Sensata Technologies Holding Plc-15.06%$ -15.064 millions
Kla Corp-15.42%$ -15.423 millions
Diodes Inc-15.69%$ -15.692 millions
Cts Corporation-18.75%$ -18.752 millions
Cars com Inc -19.83%$ -19.831 millions
Monolithic Power Systems Inc-20.84%$ -20.835 millions
Black Knight inc -21.17%$ -21.169 millions
Corecard Corporation-22.59%$ -22.591 millions
Cognizant Technology Solutions Corporation-24.08%$ -24.079 millions
Immersion Corporation-24.18%$ -24.184 millions
Cargurus Inc -24.65%$ -24.654 millions
Ansys Inc -25.30%$ -25.300 millions
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Texas Instruments Incorporated-27.58%$ -27.580 millions
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