QUALCOMM Incorporated Q1 2026 Earnings Recap

QCOM Q1 2026 February 6, 2026

Get alerts when QCOM reports next quarter

QUALCOMM reported record revenues of $12.3 billion and non-GAAP EPS of $3.50 for Q1 FY2026, bolstered by strong performance in flagship handsets and growth in automotive and IoT segments.

Earnings Per Share Beat

$3.50 vs $3.39 est.

+3.2% surprise

Revenue Beat

12252000000 vs 12120610000 est.

+1.1% surprise

Market Reaction

1-Day +1.16%

5-Day +2.45%

30-Day +1.58%

See QCOM alongside your other holdings

Add to your portfolio — free

Key Takeaways

QCT revenues reached a record $10.6 billion, driven by strong demand for premium smartphones.
The company faces a memory shortage impacting the handset industry, with OEMs adopting cautious inventory strategies.
Qualcomm is well-positioned in the AI and IoT landscapes, collaborating with leading cloud companies and introducing innovative Snapdragon platforms.
Significant agreements with Volkswagen Group and other automakers highlight Qualcomm's expanding role in automotive technology.
The launch of AI-enhanced devices and advanced robotics solutions marks Qualcomm's commitment to next-generation computing and connectivity.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit QCOM on AllInvestView.

Previous Q4 2025

Next Q2 2026