Qualcomm QCOM
NASDAQ QCOM
$168.74 +0.17 (+0.10%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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