Overview
- Adjusted earnings were $3.00 per share on revenue of $11.27 billion, beating LSEG estimates of $2.88 and $10.79 billion.
- Fiscal Q1 guidance calls for $11.8 billion to $12.6 billion in revenue with a $12.2 billion midpoint and adjusted EPS of $3.30 to $3.50, both above consensus.
- A $5.7 billion noncash charge tied to new U.S. tax legislation resulted in a GAAP net loss of $3.12 billion for the quarter.
- Handset revenue rose 14% to $6.96 billion, automotive grew 17% to $1.05 billion, and IoT increased 7% to $1.81 billion, while licensing fell 7% to $1.41 billion.
- Qualcomm detailed AI200 and AI250 data‑center accelerators slated for 2026 and 2027, and shares slipped in after‑hours trading following the disclosure.