The above graph represents the Qualcomm revenue vs net income by quarter, starting from fiscal Q1 1996 to the recently completed quarter. In fiscal Q2 2020, the company reported about $5,216 million in revenue, with a net profit of $468 million, worldwide. That represented nearly 4.7% YoY growth in quarterly revenue, while net profit declined a huge 29.4% YoY.
|Source||Qualcomm SEC Filings|
|Note||Qualcomm fiscal year starts from October 1st|
The global revenue of Qualcomm peaked in FY Q3 2019; with a whopping 72% YoY growth, the revenue reached an all-time high of $9,635 million. While the net profit also increased 76.3% YoY to $2,149 million.
In fiscal Q1 2018, Qualcomm incurred a huge net loss of $5,953 million, as compared to net income of $681 million in the year ago quarter. The huge loss was majorly because of the implementation of new US tax laws during the first quarter of fiscal 2018.
The first $2 billion quarterly revenue milestone was achieved by the firm in fiscal Q1 2007. During the quarter, the net profit was $648 million.
Interestingly, in fiscal Q4 2011, the company generated about $4,117 million in revenue, with an appreciable 39.46% YoY growth. While the net profit also increased 22% YoY to $1,056 million.
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