Qualcomm is an American company based in San Diego, California, founded in 1985 by Irwin Jacobs and six others. They focus on developing technology for wireless communication, including semiconductors, software, and services. Qualcomm is known for its role in creating 3G, 4G, and 5G technologies. Their products include Snapdragon processors, which are used in many smartphones, as well as other tech like Wi-Fi and Bluetooth.
The company has grown to be a major player in the telecommunications industry, with a strong presence globally. Qualcomm operates through various divisions, including Qualcomm CDMA Technologies and Qualcomm Technology Licensing. They invest heavily in research and development to stay at the forefront of technological advancements. Also, the company aims to meet the increasing demand for high-performance, low-power computing solutions.
Qualcomm Fiscal Q3 2025
Qualcomm (QCOM) Qualcomm reported strong results for the third quarter of fiscal 2025. Revenue reached $10.37 billion, up 10.4% from last year, slightly missing the forecast.
The company earned $2.77 per share (non-GAAP), beating expectations of $2.70. Its Automotive and IoT segments under QCT grew by 23% year-over-year, hitting record levels, and it remains on track with its accelerated share buyback plan.
Outlook
Qualcomm expects Q4 FY25 revenues to range between $10.3B and $11.1B, with strong performance from its QCT and QTL segments.
GAAP diluted EPS is projected at $2.23 to $2.43, while non-GAAP EPS is estimated between $2.75 and $2.90.
Boards Statements
Cristiano Amon, CEO of Qualcomm Incorporated, emphasized that another quarter of solid growth in QCT Automotive and IoT revenues reinforces the company’s diversification strategy and its confidence in reaching long-term revenue goals.
He noted that Qualcomm’s strengths in AI processing, high-performance and low-power computing, and advanced connectivity place the company in a leading position to become the preferred industry platform as AI continues to scale at the edge.
Impact on the Stock Market
Qualcomm’s stock (QCOM) dropped over 6% in pre-market trading following its third-quarter earnings report, which showed revenue growth that fell short of expectations.
Despite posting stronger-than-expected earnings per share and solid performance in its Automotive and IoT segments, concerns over tariffs and a potential slowdown in the chip industry weighed heavily on investor sentiment
This added to growing worries in the chip industry, especially after cautious outlooks from other big names like Intel and Texas Instruments. Qualcomm’s shares were already underperforming compared to the broader chip sector, and the latest results didn’t help ease investor concerns.
