Qualcomm reported strong Q4 and fiscal year 2021 results, exceeding their 2019 Analyst Day targets for revenue growth, diversification, and operating margin expansion. The company's Non-GAAP EPS more than doubled year-over-year, driven by success in RF front-end, Automotive, and IoT sectors.
QCT revenues increased by 56% year-over-year.
Handsets revenue grew by 56% compared to the same quarter last year.
The company delivered over $10 billion of fiscal 2021 revenues across RF Front-End, IoT and Automotive.
Fifth consecutive quarter of greater than 100% year-over-year EBT Growth in QCT.
Qualcomm provided revenue guidance for Q1 FY22, with revenues expected to be between $10.0B and $10.8B.
Visualization of income flow from segment revenue to net income