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% quarter-over-quarter from $5.0 million in Q2 2024.
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 for Q3 2024 stood at -$59.0 million, 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.
- The 5-year median for Asset Writedowns and Impairment is $17.0 million (2021), against an average of $36.0 million.
- The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment soared 933.33% in 2023, then slumped 195.16% in 2024.
- Qualcomm's Asset Writedowns and Impairment stood at $1.0 million in 2020, then surged by 800.0% to $9.0 million in 2021, then plunged by 33.33% to $6.0 million in 2022, then jumped by 933.33% to $62.0 million in 2023, then plunged by 195.16% to -$59.0 million in 2024.
- Business Quant data shows QCOM's Asset Writedowns and Impairment at -$59.0 million in Q3 2024, $5.0 million in Q2 2024, and $50.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn |
| 10 | Qualcomm | 159.88 Bn | 151.58 Bn | 5.28 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 |