
Qualcomm (QCOM) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q4 | Nov 4, 2026 | $2.17 | $2.02 | 7.43 % |
| Q3 | Jul 29, 2026 | $2.21 | $2.09 | 5.74 % |
| Q2 | Apr 29, 2026 | $2.65 | $2.43 | 9.05 % |
| Q1 | Feb 4, 2026 | $3.50 | $3.15 | 11.1 % |
Quarterly Revenue (Billions)
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q4 | Nov 4, 2026 | $10.32B | $10.15B | 1.73 % |
| Q3 | Jul 29, 2026 | $9.95B | $9.67B | 2.82 % |
| Q2 | Apr 29, 2026 | $10.60B | $10.59B | 0.11 % |
| Q1 | Feb 4, 2026 | $12.25B | $12.22B | 0.26 % |
Qualcomm (QCOM) last issued guidance on November 4, 2026 for Q1 2027. The company guided earnings per share in the range of $2.15 - $2.35, compared to a consensus EPS estimate of $2.17. Qualcomm also guided revenue in the range of $10.4B - $11.2B for the period.
Compared to prior guidance, Qualcomm raised its revenue forecast from a prior range of $9.7B - $10.5B.
Qualcomm has issued 16 guidance updates between February 2, 2023 and November 4, 2026. During this period, the company raised its outlook 7 times and lowered it 7 times, providing investors with insight into management's evolving expectations.
| Metric | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.02 | $2.09 | $2.43 | $3.15 |
| Actual | $2.17 | $2.21 | $2.65 | $3.50 |
| Surprise | +7.43% | +5.74% | +9.05% | +11.1% |
| Revenue | ||||
| Estimate | $10.15B | $9.67B | $10.59B | $12.22B |
| Actual | $10.32B | $9.95B | $10.60B | $12.25B |
| Surprise | +1.73% | +2.82% | +0.11% | +0.26% |
| Metric | Q1 '27E | Q2 '27E | Q3 '27E | Q4 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $2.08 | $2.13 | $1.77 | $2.04 |
| Revenue | ||||
| Consensus | $10.83B | $11.08B | — | — |