QUALCOMM (QCOM) 10-K Summaries & Annual Filing History
Review QUALCOMM Incorporated (QCOM) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Sep 28, 2025 · FY2025 10-K
QUALCOMM reported its annual financial results for the fiscal year ended September 2025. The company's revenue increased compared to the prior year, and operating cash flow improved.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$44.3B
Revenue reported for the fiscal year.
Operating income
$12.4B
Income from operations reported for the year.
Net income
$5.5B
Net income reported for the year.
Operating cash flow
$14B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 25, 2022 | $44.2B | +31.7% |
| Sep 24, 2023 | $35.8B | -19.0% |
| Sep 29, 2024 | $39B | +8.8% |
| Sep 28, 2025 | $44.3B | +13.7% |
Business overview
The filing references Item 1 for business description, but no specific business details are provided in the supplied context. The company is QUALCOMM Incorporated.
Financial performance
Revenue for the most recent fiscal year was higher than the prior year, continuing a recovery from a previous decline. Operating income and net income were reported alongside a strong operating cash flow that also increased.
Material risks
The supplied filing context does not contain the text of the risk factors section. Therefore, no specific material risks are identified from the provided data.
Liquidity and capital
The company's principal liquidity sources include cash, marketable securities, and operating cash flows, which management believes will meet capital requirements for at least the next year. A portion of cash has been restricted for the pending acquisition of Alphawave IP Group plc.
What to watch
The completion of the pending acquisition of Alphawave IP Group plc, including the use of the restricted cash, should be monitored in the next filing.