Qualcomm (QCOM) Q4 2025 earnings report

Qualcomm On Wednesday, it reported fourth-quarter financial results that beat analyst estimates on the top and bottom lines.

Here is the company’s performance compared to the forecasts of analysts participating in the LSEG survey:

• Earnings per share: $3.00 vs expected $2.88
• Revenues: 11.27 billion dollars, while the expectation was 10.79 billion dollars

Qualcomm said its revenue was up 10 percent from $10.24 billion a year ago. expression. Due to income tax expense, the company recorded a net loss of $3.12 billion, or $2.89 per share, after reporting a net profit of $2.92 billion, or $2.59 per share, a year ago.

In the fiscal first quarter, Qualcomm said it expects revenue of $11.8 billion to $12.6 billion, or $12.2 billion in the middle of the range. That beat analysts’ average estimate of $11.62 billion, according to LSEG. The company says adjusted EPS will be between $3.30 and $3.50, while analysts expect earnings of $3.31 per share.

The company has long been a leading supplier of mobile phone chips, including central processors and modems for high-end devices made by Samsung and modems for Apple iPhones.

Qualcomm expects to lose Apple as a customer in its modem business in the coming years and is trying to diversify by making chips for other devices, such as Windows PCs, virtual reality headsets and smart glasses from Meta.

But the biggest opportunity is in artificial intelligence. Nvidia fled the processor market and Advanced Micro Devices He’s trying to play catch.

Last week, Qualcomm announced it would launch new AI accelerator chips, sending shares up 11%. Qualcomm said that both the AI200, which will go on sale in 2026, and the AI250, planned for 2027, could come with a liquid-cooled system that will fill the server rack.

Nvidia and AMD offer their graphics processing units, or GPUs, in full-rack systems that allow up to 72 chips to operate as a single computer. AI labs need this computing power to run the most advanced models.

Qualcomm shares were up 17% for the year as of Wednesday’s close, trailing the Nasdaq’s 22% gain. Meanwhile, Nvidia and AMD are up 45% and 112% respectively.

Revenue from Qualcomm’s mobile phone business rose 14% to $6.96 billion in the latest quarter. Sales at the automotive unit rose 17% to $1.05 billion. Qualcomm reports Meta revenue under its Internet of Things (IoT) division, and its sales for the quarter were $1.81 billion, up 7% from a year earlier.

All three of these segments beat estimates, according to StreetAccount.

Revenue at Qualcomm’s licensing business fell 7% from a year earlier to $1.41 billion, beating analysts’ expectations.

WRISTWATCH: Qualcomm CEO is working on new artificial intelligence chips