Qualcomm (QCOM) Asset Writedowns and Impairment (2009 - 2024)

Qualcomm (QCOM) recorded quarterly Asset Writedowns and Impairment of -$59.0 million in Q3 2024, down 1280.0% quarter-over-quarter from $5.0 million in Q2 2024, and down 195.16% on a YoY basis from $62.0 million in Q3 2023.

Qualcomm (QCOM) Asset Writedowns and Impairment (2009 - 2024) Analysis & Trends

Qualcomm's Asset Writedowns and Impairment history runs 16 years deep, the most recent figure standing at -$59.0 million for Q3 2024.

  • In Q3 2024, Asset Writedowns and Impairment fell 195.16% year-over-year to -$59.0 million; the TTM figure through Sep 2024 stood at $58.0 million (down 66.67% YoY), while the FY2025 annual figure was $17.0 million, up 142.86% from the prior year.
  • Asset Writedowns and Impairment was -$59.0 million for Q3 2024 at Qualcomm, down from $5.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $265.0 million in Q1 2020 to a low of -$59.0 million in Q3 2024.
  • Historically, Asset Writedowns and Impairment has averaged $36.0 million across 5 years, with a median of $17.0 million in 2021.
  • The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment jumped 933.33% in 2023, then tumbled 195.16% in 2024.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at $1.0 million in 2020, then soared by 800.0% to $9.0 million in 2021, then sank by 33.33% to $6.0 million in 2022, then surged by 933.33% to $62.0 million in 2023, then sank by 195.16% to -$59.0 million in 2024.
  • The last three Asset Writedowns and Impairment figures came in at -$59.0 million (Q3 2024), $5.0 million (Q2 2024), and $50.0 million (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn
10 Analog Devices 212.24 Bn 208.80 Bn 2.44 Bn

Historic Data

Download Data
DateValue
Sep 29, 2024 -59.00 Mn
Sep 29, 2024 -59.00 Mn
Jun 23, 2024 5.00 Mn
Jun 23, 2024 5.00 Mn
Mar 24, 2024 50.00 Mn
Mar 24, 2024 50.00 Mn
Sep 24, 2023 62.00 Mn
Sep 24, 2023 62.00 Mn
Jun 25, 2023 19.00 Mn
Jun 25, 2023 19.00 Mn
Mar 26, 2023 87.00 Mn
Mar 26, 2023 87.00 Mn
Sep 25, 2022 6.00 Mn
Sep 25, 2022 6.00 Mn
Jun 26, 2022 20.00 Mn
Jun 26, 2022 20.00 Mn
Mar 27, 2022 20.00 Mn
Mar 27, 2022 20.00 Mn
Sep 26, 2021 9.00 Mn
Sep 26, 2021 9.00 Mn