The producer of processors, modems, platforms, and other connected components faced macroeconomic challenges in the semiconductor industry. It began 2023 with a hiring freeze and other cost-cutting efforts in place.
  • The company’s $44 billion in revenue in 2022 was a $32% increase from 2021. It rose nine places on the Fortune 500 this year.
  • CEO Cristiano Amon has expressed confidence in Qualcomm’s ability to invest in areas that will deliver long-term value, such as A.I.
  • In May 2023, Qualcomm announced plans to acquire Autotalks, a chipmaker that builds semiconductor and system-on-a-chip technology for vehicle safety. As part of the deal, Qualcomm plans to integrate Autotalks’ communication tech into its Snapdragon Digital Chassis portfolio, which features cloud-connected automotive platforms.
Bing Guan—Bloomberg via Getty Images

Company Information

As of 6/5/23
Country
U.S.
Headquarters
San Diego
Industry
Semiconductors and Other Electronic Components
CEO
Cristiano R. Amon
Company Type
Public
Ticker
QCOM
Revenues ($M)
$44,200
Profits ($M)
$12,936
Market Value ($M)
$142,252
Employees
51,000
Figures are for fiscal year ended Sept. 30, 2022. Market value as of March 31, 2023.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$44,200
31.7%
Profits ($M)
$12,936
43%
Assets ($M)
$49,014
-
Total Stockholder Equity ($M)
$18,013
-

Profit Ratios

Profit as % of Revenues
29.3%
Profits as % of Assets
26.4%
Profits as % of Stockholder Equity
71.8%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
11.37
EPS % Change (from 2021)
44.5%
EPS % Change (5 year annual rate)
47.3%
EPS % Change (10 year annual rate)
12.5%

Total Return

Total Return to Investors (2022)
-38.5%
Total Return to Investors (5 year, annualized)
14.6%
Total Return to Investors (10 year, annualized)
9%

Qualcomm Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2022$33,56642.6%$9,04374%$41,240$9,950
2021$23,531-3.1%$5,19818.5%$35,594$6,077
2020$24,2737.4%$4,386$32,957$4,909
2019$22,7322.0%$-4,864-297.2%$32,686$928
2018$22,291-5.4%$2,466-56.8%$65,486$30,746
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