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

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

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

Qualcomm (QCOM) has reported Asset Writedowns and Impairment for 16 consecutive years, with -$59.0 million the latest figure, recorded in 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 came in at -$59.0 million for Q3 2024 at Qualcomm, down from $5.0 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $265.0 million in Q1 2020, with the low at -$59.0 million in Q3 2024.
  • Average Asset Writedowns and Impairment over 5 years is $36.0 million, with a median of $17.0 million recorded in 2021.
  • Across the five-year window, Asset Writedowns and Impairment jumped 933.33% in 2023 and plunged 195.16% in 2024, its largest moves.
  • Year by year, Asset Writedowns and Impairment stood at $1.0 million in 2020, then soared by 800.0% to $9.0 million in 2021, then slumped by 33.33% to $6.0 million in 2022, then surged by 933.33% to $62.0 million in 2023, then slumped by 195.16% to -$59.0 million in 2024.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$59.0 million, $5.0 million, and $50.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn
10 Analog Devices 189.67 Bn 186.23 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