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| Date | Value |
|---|---|
| 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 |