Qualcomm ( (QCOM) ) has released its Q4 earnings. Here is a breakdown of the information Qualcomm presented to its investors.
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Qualcomm Incorporated is a leading technology company specializing in semiconductor and telecommunications equipment, known for its Snapdragon platforms and Qualcomm Dragonwing products that drive innovation in AI, computing, and connectivity across various industries.
In its latest earnings report for fiscal 2025, Qualcomm reported strong financial performance with record revenues in its QCT segment, despite a significant non-cash tax charge impacting GAAP results. The company achieved a 14% increase in GAAP revenues to $44.3 billion and a non-GAAP EPS of $12.03, reflecting its robust operational growth and strategic advancements.
Key highlights from the report include an 18% year-over-year growth in total QCT non-Apple revenues and a 27% increase in combined QCT Automotive and IoT revenues. The QCT segment, which includes handsets, automotive, and IoT, saw a 16% revenue growth, driven by a 36% increase in automotive and a 22% rise in IoT revenues. However, the GAAP net income was negatively affected by a $5.7 billion tax charge due to new U.S. tax legislation.
Looking ahead, Qualcomm remains optimistic about its business momentum and strategic initiatives, including its expansion into data centers and advanced robotics. The company expects continued growth in its core segments and is focused on achieving its investor day targets for 2024, while navigating the challenges posed by the evolving tax landscape.