QCOM Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-03-29), QCOM reported revenue of $10.6B, gross profit of $5.7B (53.8% gross margin), operating income of $2.3B, and net income of $7.4B (69.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
QCOM was profitable; revenue fell 13.5% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −13.5% | +145.3% | +45.0 pp |
Consensus estimate data is not available for this report.
QCOM Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $10.6B | 100% |
| Cost of Revenue | −$4.9B | 46.2% |
| Gross Profit | $5.7B | 53.8% |
| Research & Development | −$2.5B | 23.2% |
| Selling, General & Administrative | −$898M | 8.5% |
| Other Operating Expenses | −$29M | 0.3% |
| Operating Income | $2.3B | 21.8% |
| Interest Expense | −$171M | 1.6% |
| Other Income, net | $94M | 0.9% |
| Income Tax Expense | $5.1B | 48.5% |
| Net Income | $7.4B | 69.5% |
Source: original SEC filing (filed 2026-04-29). Accession 0000804328-26-000060. Data normalized by EarningsFyi.