
Qualcomm (QCOM) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Qualcomm (QCOM) last issued guidance on July 29, 2026 for Q4 2026. The company guided earnings per share in the range of $2.05 - $2.25, compared to a consensus EPS estimate of $2.23. Qualcomm also guided revenue in the range of $9.7B - $10.5B for the period.
Compared to prior guidance, Qualcomm raised its revenue forecast from a prior range of $9.2B - $10B.
Qualcomm has issued 16 guidance updates between November 2, 2022 and July 29, 2026. During this period, the company raised its outlook 6 times and lowered it 8 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.09 | $2.43 | $3.15 | $2.66 |
| Actual | $2.21 | $2.65 | $3.50 | $3.00 |
| Surprise | +5.74% | +9.05% | +11.1% | +12.8% |
| Revenue | ||||
| Estimate | $9.67B | $10.59B | $12.22B | $10.76B |
| Actual | $9.95B | $10.60B | $12.25B | $11.27B |
| Surprise | +2.82% | +0.11% | +0.26% | +4.72% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $2.02 | $2.18 | $1.68 | $1.78 |
| Revenue | ||||
| Consensus | $10.14B | $10.62B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| 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 % |
| Q4 | Nov 5, 2025 | $3.00 | $2.66 | 12.8 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| 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 % |
| Q4 | Nov 5, 2025 | $11.27B | $10.76B | 4.72 % |