Qualcomm

com Qualcomm Announces Third Quarter Fiscal 2025 Results Revenues $10.4 billion GAAP EPS $2.43, Non-GAAP EPS $2.77 QCT Diversification Combined Automotive and IoT Revenues Grew 23% Year-Over-Year QCT Automotive Record Quarterly Revenues On track to meet our accelerated buyback commitment in FY25 SAN DIEGO - July 30, 2025 - Qualcomm Incorporated (NASDAQ QCOM) today announced results for its fiscal third quarter ended June 29, 2025.

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Return of Capital to Stockholders During the third quarter of fiscal 2025, we returned $3.8 billion to stockholders, including $967 million, or $0.89 per share, of cash dividends paid and $2.8 billion through repurchases of 19 million shares of common stock.

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Note Regarding Forward-Looking Statements In addition to the historical information contained herein, this news release contains forward-looking statements that are inherently subject to risks and uncertainties, including but not limited to statements regarding our accelerated buyback commitment our diversification strategy and long-term revenue targets our technology leadership and our estimates and guidance related to revenues and earnings per share (EPS).

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Additionally, we exclude certain other acquisition-related charges such as third-party acquisition and integration services costs and costs related to temporary debt facilities and letters of credit executed prior to the close of an acquisition.

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

At June 28, 2026 and September 28, 2025, we had outstanding interest rate swaps with an aggregate notional amount of $ 5.0 billion and $ 3.6 billion, respectively, that are designated as fair value hedges and allow us to effectively convert fixed-rate payments into floating-rate payments on a portion of our outstanding long-term debt.

SEC original ↗Qualcomm — 10-Q Quarterly report10-QJul 29, 2026

Capital Stock Stock Repurchase Program.

SEC original ↗Qualcomm — 10-Q Quarterly report10-QJul 29, 2026

Another quarter of strong growth in QCT Automotive and IoT revenues further validates our diversification strategy and confidence in achieving our long-term revenue targets, said Cristiano Amon, President and CEO of Qualcomm Incorporated.

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Note Regarding Forward-Looking Statements In addition to the historical information contained herein, this news release contains forward-looking statements that are inherently subject to risks and uncertainties, including but not limited to statements regarding our accelerated buyback commitment our diversification strategy and long-term revenue targets our technology leadership and our estimates and guidance related to revenues and earnings per share (EPS).

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Non-GAAP information presented herein excludes our QSI (Qualcomm Strategic Initiatives) segment and certain share-based compensation, acquisition-related items, tax items and other items.

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

QSI is excluded because we generally expect to exit our strategic investments in the foreseeable future, and the effects of fluctuations in the value of such investments and realized gains or losses are viewed as unrelated to our operational performance.

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Our QSI (Qualcomm Strategic Initiatives) reportable segment makes strategic investments.

SEC original ↗Qualcomm — 10-Q Quarterly report10-QJul 29, 2026

About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges.

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Note Regarding Forward-Looking Statements In addition to the historical information contained herein, this news release contains forward-looking statements that are inherently subject to risks and uncertainties, including but not limited to statements regarding our accelerated buyback commitment our diversification strategy and long-term revenue targets our technology leadership and our estimates and guidance related to revenues and earnings per share (EPS).

SEC original ↗Qualcomm — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Legal Proceedings 27 Item 1A.

SEC original ↗Qualcomm — 10-Q Quarterly report10-QJul 29, 2026

On January 8, 2025, Arm notified us that it was withdrawing its October 22, 2024 notice of breach and indicated that it has no current plan to terminate the Qualcomm ALA, while reserving its rights pending the outcome of the ongoing litigation.

SEC original ↗Qualcomm — 10-Q Quarterly report10-QJul 29, 2026

Contingent Losses and Other Considerations: Litigation and investigations are inherently uncertain, and we face difficulties in evaluating or estimating likely outcomes or ranges of possible loss, particularly in antitrust and trade regulation investigations.

SEC original ↗Qualcomm — 10-Q Quarterly report10-QJul 29, 2026

Consequently, forward-looking statements are inherently subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in or anticipated by the forward-looking statements.

SEC original ↗Qualcomm — 10-Q Quarterly report10-QJul 29, 2026