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AI brief of an SEC Form 8-K · Qualcomm (QCOM)

Qualcomm Q3 revenue fell 4% to $9.9 billion; non-GAAP EPS down 20% to $2.21

Negative Impact 3 of 5 earnings Written later

Qualcomm reported fiscal third-quarter 2026 revenue of $9.9 billion, down 4% from a year earlier, with GAAP diluted EPS of $1.87 (down 23%) and non-GAAP diluted EPS of $2.21 (down 20%). It gave fourth-quarter guidance of $9.7 billion to $10.5 billion in revenue and $2.05 to $2.25 in non-GAAP diluted EPS, and said that combined QCT Automotive and IoT revenue grew 28%, while handset revenue fell 20%.

Key points

  • Q3 fiscal 2026 revenue was $9,947 million versus $10,365 million a year earlier, down 4%.
  • GAAP diluted EPS was $1.87 versus $2.43; non-GAAP diluted EPS was $2.21 versus $2.77.
  • Handset revenue fell 20% to $5,086 million; Automotive revenue rose 61% to $1,588 million and IoT rose 9% to $1,830 million.
  • Q4 fiscal 2026 guidance: revenue $9.7 billion to $10.5 billion; non-GAAP diluted EPS $2.05 to $2.25.

The filing

CompanyQualcomm (QCOM)
Form8-K, current report
Filed with the SECJul 29, 2026, 4:01 PM ET
Accession number0000804328-26-000085

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.