Qualcomm Inc.
Explore Qualcomm
Core profile pages, annual revenue records, and related research hubs for this company.
CorpDigest
Qualcomm Inc.
Explore Qualcomm
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2023 Revenue
$35.8B
▼ 19% vs FY2022 ($44.2B)
Source: Annual report / company filing
Qualcomm Inc. reported $35.8B in revenue for fiscal year 2023. This represents a decline of 19% compared to the 2022 figure of $44.2B. In 2024, revenue increased to $39.0B.
Revenue fell about 19.0 percent to around $35.82 billion in fiscal 2023 during the severe semiconductor and smartphone downturn that pressured the industry.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $39.0B | $10.1B | +8.8% |
| FY2023 | $35.8B | — | -19.0% |
| FY2022 | $44.2B | — | +31.7% |
| FY2021 | $33.6B | — | +42.6% |
| FY2020 | $23.5B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.