QCOM Q3 2026 Earnings — Income Statement Breakdown
For its Q3 2026 period (ending 2026-06-28), QCOM reported revenue of $9.9B, gross profit of $5.3B (53.1% gross margin), operating income of $1.6B, and net income of $2.0B (20.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
QCOM was profitable; revenue fell 6.2% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −6.2% | −72.8% | −49.4 pp |
Consensus estimate data is not available for this report.
QCOM Q3 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $9.9B | 100% |
| Cost of Revenue | −$4.7B | 46.9% |
| Gross Profit | $5.3B | 53.1% |
| Research & Development | −$2.6B | 26.2% |
| Selling, General & Administrative | −$976M | 9.8% |
| Other Operating Expenses | −$68M | 0.7% |
| Operating Income | $1.6B | 16.3% |
| Interest Expense | −$178M | 1.8% |
| Other Income, net | $1.0B | 10.2% |
| Income Tax Expense | −$460M | 4.6% |
| Net Income | $2.0B | 20.1% |
Source: QCOM filings on SEC EDGAR (period ended 2026-06-28). Data normalized by EarningsFyi.