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Compared to Estimates, Qualcomm (QCOM) Q2 Earnings: A Look at Key Metrics
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Qualcomm (QCOM - Free Report) reported $10.6 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 2.2%. EPS of $2.65 for the same period compares to $2.85 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $10.62 billion, representing a surprise of -0.2%. The company delivered an EPS surprise of +3.2%, with the consensus EPS estimate being $2.57.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Qualcomm performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- QCT- Handsets: $6.02 billion versus the four-analyst average estimate of $6.07 billion. The reported number represents a year-over-year change of -13.1%.
Revenues- QCT- Automotive: $1.33 billion compared to the $1.32 billion average estimate based on four analysts. The reported number represents a change of +38.3% year over year.
Revenues- QTL: $1.38 billion compared to the $1.33 billion average estimate based on four analysts. The reported number represents a change of +4.8% year over year.
Revenues- QCT: $9.08 billion compared to the $9.18 billion average estimate based on four analysts. The reported number represents a change of -4.2% year over year.
Revenues- QCT- IoT (internet of things): $1.73 billion compared to the $1.79 billion average estimate based on four analysts. The reported number represents a change of +9.2% year over year.
Income / (loss) before taxes- QTL: $994 million versus $935.55 million estimated by three analysts on average.
Income / (loss) before taxes- QCT: $2.47 billion compared to the $2.42 billion average estimate based on three analysts.
Shares of Qualcomm have returned +16.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Qualcomm (QCOM) Q2 Earnings: A Look at Key Metrics
Qualcomm (QCOM - Free Report) reported $10.6 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 2.2%. EPS of $2.65 for the same period compares to $2.85 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $10.62 billion, representing a surprise of -0.2%. The company delivered an EPS surprise of +3.2%, with the consensus EPS estimate being $2.57.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Qualcomm performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Qualcomm here>>>
Shares of Qualcomm have returned +16.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.