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Qualcomm Revenue Hits $39B, Up 9% with Automotive Surge 55%

QCOM10-KFiling Date: 11/6/2024
QUALCOMM Incorporated
Description

What this story covers

Qualcomm's 2024 10-K reveals 39 billion dollars revenue (up 9 percent), 10 point 1 billion dollars net income (up 40 percent), driven by handsets and 55 percent automotive growth. QTL licensing steady at 5 point 6 billion dollars. Strong liquidity 13 point 3 billion dollars supports R&D, returns. Risks include China concentration, supply chains, competition. Focus on 5G, AI diversification.

Story snapshot

CompanyQUALCOMM Incorporated
TickerQCOM
VariantStandard detailed
Duration15:03
Filing type10-K
PeriodAnnual 2024
IndustryTechnology
Accession0000804328-24-000075

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