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Sep 26, 2021
Qualcomm Q4 2021 Earnings Report
Announced fourth quarter and fiscal year 2021 results, exceeding 2019 Analyst Day targets.
Key Takeaways
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
Qualcomm
Qualcomm Revenue by Segment
Forward Guidance
Qualcomm provided revenue guidance for Q1 FY22, with revenues expected to be between $10.0B and $10.8B.