Qualcomm (QCOM) Cost of Revenue (2009 - 2026)
Qualcomm's Cost of Revenue came in at $4.67 billion for fiscal Q3 2026 (quarter ended Jun 28, 2026), up 1.4% from $4.61 billion a year earlier but down 4.7% from the prior quarter.
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Analysis
Qualcomm (QCOM) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Qualcomm reported Cost of Revenue of $20.17 billion, up 5.2% year-over-year; for FY2025 (ended Sep 28, 2025), it came in at $19.74 billion, up 15.7% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 16.4% (FY2020 to FY2025).
- Going back by fiscal year, Cost of Revenue was $17.06 billion in FY2024 (+7.5%), $15.87 billion in FY2023 (-14.8%), $18.64 billion in FY2022 (+30.7%) and $14.26 billion in FY2021 (+54.1%).
- The five-year range for quarterly Cost of Revenue is $3.79 billion (fiscal Q3 2023) to $5.57 billion (fiscal Q1 2026).
- Year-over-year, Cost of Revenue increased in seven of the last eight quarters, with growth averaging 10.8%.
- The fastest year-over-year change in Cost of Revenue over five years came in fiscal Q4 2021 (growth of 42.3%), and the weakest in fiscal Q3 2023 (a decline of 21.3%).
- Business Quant data shows QCOM's Cost of Revenue at $4.9 billion (Q2 2026), $5.57 billion (Q1 2026) and $5.03 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 12.97 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 9.14 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 6.40 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 5.33 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 5.41 Bn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 9.62 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 3.24 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 4.53 Bn |
| 10 | Qualcomm | 195.41 Bn | 155.33 Bn | 5.28 Bn | 4.67 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 4.67 Bn |
| Mar 29, 2026 | 4.90 Bn |
| Dec 28, 2025 | 5.57 Bn |
| Sep 28, 2025 | 5.03 Bn |
| Jun 29, 2025 | 4.61 Bn |
| Mar 30, 2025 | 4.94 Bn |
| Dec 29, 2024 | 5.16 Bn |
| Sep 29, 2024 | 4.47 Bn |
| Jun 23, 2024 | 4.17 Bn |
| Mar 24, 2024 | 4.11 Bn |
| Dec 24, 2023 | 4.31 Bn |
| Sep 24, 2023 | 3.88 Bn |
| Jun 25, 2023 | 3.79 Bn |
| Mar 26, 2023 | 4.15 Bn |
| Dec 25, 2022 | 4.04 Bn |
| Sep 25, 2022 | 4.87 Bn |
| Jun 26, 2022 | 4.82 Bn |
| Mar 27, 2022 | 4.65 Bn |
| Dec 26, 2021 | 4.30 Bn |
| Sep 26, 2021 | 3.94 Bn |
API Access
Qualcomm Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=QCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "QCOM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=QCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();