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
|Source||Qualcomm SEC Filings|
|Note||Qualcomm 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.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.