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| 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 |