Qualcomm FY26 Q3 GAAP EPS drops 23% to $1.87; revenue falls 4% to $9.95 billion

Reuters2026/07/29 20:14

By:Reuters

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Qualcomm fiscal Q3 revenue fell 4% to USD 9.95 billion; GAAP diluted EPS dropped 23% to USD 1.87.
Net income slid 25% to USD 2 billion; QCT revenue eased 5% to USD 8.5 billion.
Handsets revenue sank 20% to USD 5.09 billion, while automotive jumped 61% to USD 1.59 billion.
Non-GAAP diluted EPS declined 20% to USD 2.21; CEO Cristiano Amon cited a “challenging memory and supply environment.”
Q4 guidance calls for revenue of USD 9.7 billion-USD 10.5 billion, with GAAP diluted EPS of USD 1.22-USD 1.42.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qualcomm Inc. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Qualcomm FY26 Q3 GAAP EPS drops 23% to $1.87; revenue falls 4% to $9.95 billion

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