https://assets.capyfin.com/instruments/678fdc13234e27009c5d5803.png avatar
Qualcomm
🇺🇸 NASDAQ:QCOM
View Company
OverviewEarningsDividends
•
Mar 27, 2022

Qualcomm Q2 2022 Earnings Report

Qualcomm achieved record revenues driven by the successful execution of their growth and diversification strategy and strong demand for their wireless and high-performance, low-power processor technologies.

Key Takeaways

Qualcomm announced record revenues of $11.2 billion for Q2 Fiscal Year 2022. GAAP EPS was $2.57, and Non-GAAP EPS was $3.21. QCT EBT more than doubled year-over-year in 6 of the last 7 quarters. QCT Automotive design win pipeline increased to more than $16 billion. QCT IoT revenues grew 61% year-over-year.

Record revenues of $11.2 billion.

GAAP EPS: $2.57, Non-GAAP EPS: $3.21

QCT EBT More Than Doubled Year-Over-Year in 6 of the Last 7 Quarters

QCT Automotive: Design Win Pipeline Increased to More Than $16 Billion

Total Revenue
$11.2B
Previous year: $7.93B
+40.8%
EPS
$3.21
Previous year: $1.9
+68.9%
Dividends Paid
$764M
Previous year: $734M
+4.1%
Shares Repurchase
$951M
Previous year: $1.5B
-36.6%
Shares Repurchase Count
6M
Previous year: 11M
-45.5%
Gross Profit
$6.52B
Previous year: $4.5B
+44.7%
Cash and Equivalents
$7.17B
Previous year: $6B
+19.6%
Total Assets
$44.3B
Previous year: $37.2B
+19.2%

Qualcomm

Qualcomm

Qualcomm Revenue by Segment

Forward Guidance

Qualcomm provided revenue guidance for Q3 FY22 of $10.5B - $11.3B. QCT revenues are expected to be $9.1B - $9.6B, and QTL revenues are expected to be $1.4B - $1.6B. GAAP diluted EPS is expected to be $2.35- $2.55, and Non-GAAP diluted EPS is expected to be $2.75 - $2.95.

Positive Outlook

  • Revenue guidance for Q3 FY22: $10.5B - $11.3B
  • QCT revenues are expected to be $9.1B - $9.6B
  • QTL revenues are expected to be $1.4B - $1.6B
  • GAAP diluted EPS: $2.35- $2.55
  • Non-GAAP diluted EPS: $2.75 - $2.95

Company Overview

Full financial data and analysis

View Qualcomm