Qualcomm revenue was $33.57 b in FY, 2021 which is a 42.6% year over year increase from the previous period.
Qualcomm revenue breakdown by business segment: 80.9% from Qualcomm CDMA Technologies, 18.9% from Qualcomm Technology Licensing and 0.1% from Other
Qualcomm revenue breakdown by geographic segment: 67.1% from China (including Hong Kong), 18.2% from Other Foreign, 7.1% from South Korea and 7.6% from Other
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Revenue | 24.3b | 23.5b | 33.6b |
Revenue growth, % | 7% | (3%) | 43% |
Cost of goods sold | 8.6b | 9.3b | 14.3b |
Gross profit | 15.7b | 14.3b | 19.3b |
Gross profit Margin, % | 65% | 61% | 58% |
R&D expense | 5.4b | 6.0b | 7.2b |
General and administrative expense | 2.2b | 2.1b | 2.3b |
Operating expense total | 8.0b | 8.0b | 9.5b |
EBIT | 7.7b | 6.3b | 9.8b |
EBIT margin, % | 32% | 27% | 29% |
Interest expense | 627.0m | 602.0m | 559.0m |
Investment income | 441.0m | 66.0m | 1.0b |
Pre tax profit | 7.5b | 5.7b | 10.3b |
Income tax expense | 3.1b | 521.0m | 1.2b |
Net Income | 4.4b | 5.2b | 9.0b |
EPS | 3.6 | 4.5 | 7.9 |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|
Revenue | 5.1b | 5.2b | 4.9b | 8.2b | 7.9b | 8.1b | 10.7b |
Cost of goods sold | 2.1b | 2.3b | 2.1b | 3.5b | 3.4b | 3.4b | 4.3b |
Gross profit | 3.0b | 2.9b | 2.8b | 4.7b | 4.5b | 3.0b | 6.4b |
Gross profit Margin, % | 58% | 56% | 57% | 58% | 57% | 38% | 60% |
R&D expense | 1.4b | 1.5b | 1.5b | 1.7b | 1.8b | 1.9b | 1.9b |
General and administrative expense | 528.0m | 483.0m | 511.0m | 567.0m | 557.0m | 597.0m | 608.0m |
Operating expense total | 1.9b | 2.0b | 2.0b | 2.2b | 2.3b | 2.5b | 2.5b |
EBIT | 1.0b | 991.0m | 782.0m | 2.5b | 2.2b | 2.2b | 3.9b |
EBIT margin, % | 20% | 19% | 16% | 31% | 27% | 27% | 36% |
Interest expense | 148.0m | 146.0m | 143.0m | 141.0m | 141.0m | 138.0m | 139.0m |
Investment income | 65.0m | (247.0m) | 229.0m | 219.0m | 104.0m | 200.0m | 140.0m |
Pre tax profit | 947.0m | 598.0m | 868.0m | 2.6b | 2.1b | 2.3b | 3.9b |
Income tax expense | 22.0m | 130.0m | 23.0m | 149.0m | 367.0m | 230.0m | 466.0m |
Net Income | 925.0m | 468.0m | 845.0m | 2.5b | 1.8b | 2.0b | 3.4b |
EPS | 0.8 | 0.4 | 0.7 | 2.1 | 1.5 | 1.8 | 3.0 |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Cash | 11.8b | 6.7b | 7.1b |
Accounts Receivable | 2.5b | 4.0b | 3.6b |
Inventories | 1.4b | 2.6b | 3.2b |
Current Assets | 16.8b | 18.5b | 20.1b |
PP&E | 3.1b | 3.7b | 4.6b |
Goodwill | 6.3b | 6.3b | 7.2b |
Total Assets | 33.0b | 35.6b | 41.2b |
Accounts Payable | 1.4b | 2.2b | 2.8b |
Short-term debt | 2.5b | 500.0m | 2.0b |
Current Liabilities | 8.9b | 8.7b | 12.0b |
Long-term debt | 13.4b | 15.2b | 13.7b |
Total Debt | 15.9b | 15.7b | 15.7b |
Total Liabilities | 28.0b | 29.5b | 31.3b |
Additional Paid-in Capital | 343.0m | 586.0m | |
Retained Earnings | 4.5b | 5.3b | 9.8b |
Total Equity | 4.9b | 6.1b | 10.0b |
Debt to Equity Ratio | 3.2 x | 2.6 x | 1.6 x |
Debt to Assets Ratio | 0.5 x | 0.4 x | 0.4 x |
Financial Leverage | 6.7 x | 5.9 x | 4.1 x |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|
Cash | 11.1b | 8.4b | 6.1b | 7.1b | 6.0b | 7.4b | 6.6b |
Accounts Receivable | 2.7b | 3.1b | 1.8b | 4.1b | 3.3b | 3.0b | 4.0b |
Inventories | 1.4b | 1.7b | 2.3b | 2.6b | 2.7b | 3.1b | 3.9b |
Current Assets | 16.2b | 15.3b | 15.6b | 19.8b | 18.3b | 19.7b | 20.2b |
PP&E | 3.2b | 3.4b | 3.5b | 4.0b | 4.2b | 4.4b | 4.7b |
Goodwill | 6.3b | 6.3b | 6.3b | 6.4b | 7.2b | 7.2b | 7.3b |
Total Assets | 33.1b | 31.9b | 32.3b | 37.5b | 37.2b | 38.8b | 42.8b |
Accounts Payable | 1.7b | 2.1b | 2.0b | 2.4b | 2.5b | 2.7b | 3.5b |
Short-term debt | 2.5b | 2.5b | 500.0m | 500.0m | 500.0m | 2.0b | 2.0b |
Current Liabilities | 9.2b | 9.8b | 7.9b | 9.2b | 9.1b | 11.5b | 12.3b |
Long-term debt | 13.4b | 13.4b | 15.4b | 15.2b | 15.2b | 13.7b | 13.7b |
Total Debt | 15.9b | 15.9b | 15.9b | 15.7b | 15.7b | 15.7b | 15.8b |
Total Liabilities | 28.6b | 28.9b | 29.0b | 30.1b | 29.7b | 30.6b | 31.5b |
Additional Paid-in Capital | 113.0m | 113.0m | |||||
Retained Earnings | 4.4b | 3.0b | 3.1b | 7.0b | 7.1b | 8.0b | 11.3b |
Total Equity | 4.5b | 3.0b | 3.3b | 7.4b | 7.4b | 8.2b | 11.3b |
Debt to Equity Ratio | 3.5 x | 5.2 x | 4.8 x | 2.1 x | 2.1 x | 1.9 x | 1.4 x |
Debt to Assets Ratio | 0.5 x | 0.5 x | 0.5 x | 0.4 x | 0.4 x | 0.4 x | 0.4 x |
Financial Leverage | 7.3 x | 10.5 x | 9.8 x | 5.1 x | 5 x | 4.7 x | 3.8 x |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Net Income | 4.4b | 5.2b | 9.0b |
Depreciation and Amortization | 1.4b | 1.4b | 1.6b |
Accounts Receivable | 1.4b | (1.5b) | 426.0m |
Inventories | 273.0m | (1.2b) | (622.0m) |
Accounts Payable | (443.0m) | 907.0m | 495.0m |
Cash From Operating Activities | 7.3b | 5.8b | 10.5b |
Capital Expenditures | (887.0m) | (1.4b) | (1.9b) |
Cash From Investing Activities | (806.0m) | (5.3b) | (3.4b) |
Short-term Borrowings | (6.5b) | (2.8b) | (2.9b) |
Long-term Borrowings | (2.2b) | ||
Dividends Paid | (3.0b) | (2.9b) | (3.0b) |
Cash From Financing Activities | (6.4b) | (5.7b) | (6.8b) |
Net Change in Cash | 62.0m | (5.1b) | 409.0m |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|
Net Income | 925.0m | 1.4b | 2.2b | 2.5b | 4.2b | 6.2b | 3.4b |
Depreciation and Amortization | 351.0m | 691.0m | 1.1b | 364.0m | 751.0m | 1.2b | 406.0m |
Accounts Receivable | (262.0m) | (607.0m) | 622.0m | (141.0m) | 658.0m | 1.1b | (454.0m) |
Inventories | (17.0m) | (297.0m) | (938.0m) | 62.0m | (60.0m) | (509.0m) | (638.0m) |
Accounts Payable | 396.0m | 755.0m | 745.0m | 129.0m | 291.0m | 449.0m | 781.0m |
Cash From Operating Activities | 1.1b | 2.2b | 4.1b | 3.2b | 6.1b | 9.5b | 2.1b |
Capital Expenditures | (296.0m) | (641.0m) | (1.1b) | (469.0m) | 952.0m | (1.5b) | (583.0m) |
Cash From Investing Activities | (203.0m) | (1.8b) | (4.9b) | (1.2b) | (3.0b) | (3.4b) | (112.0m) |
Short-term Borrowings | (558.0m) | (1.1b) | (2.3b) | (818.0m) | (1.6b) | (2.2b) | (710.0m) |
Long-term Borrowings | (2.0b) | ||||||
Dividends Paid | (710.0m) | (1.4b) | (2.1b) | (739.0m) | (1.5b) | (2.2b) | (765.0m) |
Cash From Financing Activities | (1.7b) | (3.9b) | (4.9b) | (1.6b) | (3.8b) | (5.4b) | (2.4b) |
Net Change in Cash | (730.0m) | (3.4b) | (5.7b) | 369.0m | (707.0m) | 692.0m | (509.0m) |
Free Cash Flow | 1.5b |
USD | FY, 2019 |
---|---|
EV/EBIT | 12.7 x |
EV/CFO | 13.3 x |
Revenue/Employee | 656.0k |
Debt/Equity | 3.2 x |
Debt/Assets | 0.5 x |
Financial Leverage | 6.7 x |
P/E Ratio | 21.3 |
FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q4, 2020 | FY, 2020 | Nov, 2020 | Q1, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSM Chip Shipments | 855 m | 186 m | 155 m | 156 m | 152 m | 650 m | 155 m | 129 m | 130 m | 162 m | 575 m | ||
Remaining Performance Obligations | $2 b | $1.8 b | $1.8 b | $1.7 b | $1.6 b | $1.5 b | $1.4 b | $1.4 b | $1.2 b | ||||
Licensees | 300 | 300 | 300 | 300 | 300 | 300 | 300 | ||||||
Facility Space (US), sq. ft. | 5.6 m | 5.3 m | 5.3 m | ||||||||||
Facility Space (non-US), sq. ft. | 5.4 m | 5.7 m | 6.6 m | ||||||||||
Facility Space Leased (US), sq. ft. | 1.1 m | 900 k | 900 k | ||||||||||
Facility Space Leased (non-US), sq. ft. | 5.1 m | 5.3 m | 6.2 m | ||||||||||
Facility Space Leased, sq. ft. | 6.2 m | 6.2 m | 7.1 m | ||||||||||
Facility Space Owned (US), sq. ft. | 4.5 m | 4.4 m | 4.4 m | ||||||||||
Facility Space Owned (non-US), sq. ft. | 300 k | 400 k | 400 k | ||||||||||
Facility Space Owned, sq. ft. | 4.8 m | 4.8 m | 4.8 m | ||||||||||
Facility Space, sq. ft. | 11 m | 11 m | 11.9 m | ||||||||||
Patents and Patent Applications | 140 k |
FY, 2020 | FY, 2019 | FY, 2018 | |
---|---|---|---|
Other Ethnicity (USA), percent | 30.6% | 31.5% | 33.7% |
Asian (USA), percent | 61.1% | 60% | 58.1% |
Other | 8.2% | 8.5% | 8.2% |
FY, 2020 | FY, 2019 | FY, 2018 | |
---|---|---|---|
Male (Leadership), percent | 41.5% | 41.8% | 41.6% |
Male, percent | 38.8% | 40.1% | 40.5% |
Female, percent | 11.1% | 9.8% | 9.5% |
Female (Leadership), percent | 8.4% | 8.2% | 8.4% |