Qualcomm Net Income by Quarter: FY Q1 1996 – Q3 2020

The below graph represents the global net income of Qualcomm Inc, by quarter, starting from fiscal Q1 1996 to Q3 2020. Surprisingly, FY Q3 2020 was the fourth consecutive quarter when the company recorded a year-over-year decline in its net income. During the June quarter, Qualcomm net profit declined a huge 60.7% YoY, to just $845 million.

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The above graph represents the Qualcomm net income by quarter, starting from fiscal Q1 1996 to Q3 2020. During the third quarter of fiscal 2020, the company reported $845 million in net profit, with a strong decline of 60.7% YoY. This was the fourth consecutive quarter when the company recorded a year-over-year decline in its net income.

Growth in Qualcomm Quarterly Net Income

RegionWorldwide
SourceQualcomm SEC Filings
Graph ID266
NoteQualcomm fiscal year starts from October 1st

During fiscal Q3 2014, Qualcomm quarterly net profit surged 41.6% YoY, to an all-time high of $2,238 million, worldwide.

In contrast, the company incurred a net loss of $5,953 million during fiscal Q1 2018, as against a net profit of $682 million the company reported a year-ago period.

It is important to note that Qualcomm achieved its first $2 billion net profit milestone in fiscal Q2 2012. The company recorded an astonishing 123.2% YoY during the second quarter, to $2,230 million ($2.2 billion), worldwide.


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