Qualcomm (QCOM) Asset Writedowns and Impairment (2009 - 2024)
Qualcomm (QCOM) posted Asset Writedowns and Impairment of -$59.0 million for Q3 2024, down 1280.0% on a QoQ basis from $5.0 million in Q2 2024, and down 195.16% year-over-year from $62.0 million in Q3 2023.
Analysis
Qualcomm (QCOM) Asset Writedowns and Impairment (2009 - 2024) Analysis & Trends
Qualcomm has reported Asset Writedowns and Impairment for 16 years, with the latest figure at -$59.0 million in Q3 2024.
- On a quarterly basis, Asset Writedowns and Impairment fell 195.16% year-over-year to -$59.0 million in Q3 2024; TTM through Sep 2024 was $58.0 million, a 66.67% decrease from a year earlier, with the FY2025 full-year figure at $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.
- 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.
- The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment surged 933.33% in 2023, then slumped 195.16% in 2024.
- Over 5 years, Asset Writedowns and Impairment stood at $1.0 million in 2020, then jumped by 800.0% to $9.0 million in 2021, then plunged by 33.33% to $6.0 million in 2022, then soared by 933.33% to $62.0 million in 2023, then plunged 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,551.68 Bn | 5,486.45 Bn | 72.14 Bn |
| 2 | Broadcom | 1,702.84 Bn | 1,683.21 Bn | 15.42 Bn |
| 3 | Advanced Micro Devices | 779.39 Bn | 766.28 Bn | 6.20 Bn |
| 4 | Arm Holdings | 267.47 Bn | 263.58 Bn | 1.25 Bn |
| 5 | Marvell Technology | 196.03 Bn | 192.10 Bn | 1.46 Bn |
| 6 | Qualcomm | 178.36 Bn | 170.05 Bn | 5.28 Bn |
| 7 | Monolithic Power Systems | 60.14 Bn | 58.73 Bn | 541.07 Mn |
| 8 | Astera Labs | 53.85 Bn | 52.60 Bn | 287.57 Mn |
| 9 | Credo Technology Group Holding | 32.03 Bn | 31.26 Bn | 309.08 Mn |
| 10 | Sitime | 16.23 Bn | 14.31 Bn | 99.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 29, 2024 | -59.00 Mn |
| Jun 23, 2024 | 5.00 Mn |
| Mar 24, 2024 | 50.00 Mn |
| Sep 24, 2023 | 62.00 Mn |
| Jun 25, 2023 | 19.00 Mn |
| Mar 26, 2023 | 87.00 Mn |
| Sep 25, 2022 | 6.00 Mn |
| Jun 26, 2022 | 20.00 Mn |
| Mar 27, 2022 | 20.00 Mn |
| Sep 26, 2021 | 9.00 Mn |
| Jun 27, 2021 | 8.00 Mn |
| Mar 28, 2021 | 15.00 Mn |
| Dec 27, 2020 | 1.00 Mn |
| Sep 27, 2020 | 56.00 Mn |
| Jun 28, 2020 | 12.00 Mn |
| Mar 29, 2020 | 265.00 Mn |
| Dec 29, 2019 | 72.00 Mn |
| Mar 31, 2019 | 53.00 Mn |
| Dec 30, 2018 | 150.00 Mn |
| Sep 30, 2018 | 177.00 Mn |