QUALCOMM INC/DE 8K

Qualcomm reported Q3 FY2026 results featuring modest revenue decline but strong growth in automotive and IoT, completed the acquisition of Modular Inc. for AI software capabilities, returned $2.3 billion to shareholders, and issued Q4 FY2026 guidance amid rising industry input costs.

On July 29, 2026, Qualcomm Incorporated reported its fiscal third quarter 2026 results, posting revenues of $9.9 billion (down 4% year-over-year), GAAP diluted EPS of $1.87 and non-GAAP diluted EPS of $2.21, with segment data showing continued strength in automotive (up 61%) and IoT revenues and significant weakness in handset revenues (down 20%). The company highlighted that combined QCT Automotive and IoT revenues grew 28% year-over-year and that QCT Automotive achieved its 23rd consecutive quarter of double-digit year-over-year growth. Qualcomm also disclosed that it completed the acquisition of Modular Inc. to create an open software foundation for generative and agentic AI, returned $2.3 billion to stockholders via $973 million in dividends and $1.4 billion in share repurchases during the quarter, and provided Q4 FY26 guidance of $9.7–$10.5 billion in revenue and non-GAAP diluted EPS of $2.05–$2.25 while noting higher semiconductor input costs and planned pricing actions intended to support gross margins over time.

Filing Facts

CIK

804328

Ticker

QCOM

Form

8K

Source Type

sec

Accession

0000804328-26-000085

Alert Tier

9