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
DateValue
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