Qualcomm (QCOM) FCF Margin (2009 - 2026)
Qualcomm (QCOM) reported FCF Margin of 4.98% for fiscal Q3 2026 (quarter ended Jun 28, 2026), down 19.92 percentage points from 24.90% a year earlier and down 13.10 percentage points from the prior quarter.
Qualcomm (QCOM) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Qualcomm's FCF Margin came in at 23.64%, down 3.23 percentage points year-over-year; for FY2025 (ended Sep 28, 2025), it came in at 28.95%, up 0.30 percentage points from FY2024.
- FCF Margin has increased for three consecutive fiscal years, with a five-year change of +10.22 percentage points (FY2020 to FY2025).
- By fiscal year, FCF Margin came in at 28.65% in FY2024 (+1.15 pp), 27.50% in FY2023 (+12.03 pp), 15.46% in FY2022 (-10.30 pp) and 25.76% in FY2021 (+7.04 pp).
- The fiscal Q3 2026 figure ranks as the lowest quarterly FCF Margin since fiscal Q1 2019.
- Year over year, FCF Margin has now declined in each of the last three quarters, with an average year-over-year change of -5.61 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was fiscal Q4 2023 (a gain of 36.87 percentage points); the low point was fiscal Q4 2024 (a drop of 20.65 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 18.08% (Q2 2026), 36.04% (Q1 2026) and 31.84% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 22.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 46.18% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 42.36% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 13.51% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 27.59% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 18.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 25.56% |
| 10 | Qualcomm | 195.41 Bn | 155.33 Bn | 5.28 Bn | 4.98% |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 4.98% |
| Mar 29, 2026 | 18.08% |
| Dec 28, 2025 | 36.04% |
| Sep 28, 2025 | 31.84% |
| Jun 29, 2025 | 24.90% |
| Mar 30, 2025 | 21.31% |
| Dec 29, 2024 | 36.94% |
| Sep 29, 2024 | 23.34% |
| Jun 23, 2024 | 28.37% |
| Mar 24, 2024 | 35.89% |
| Dec 24, 2023 | 27.53% |
| Sep 24, 2023 | 43.99% |
| Jun 25, 2023 | 27.82% |
| Mar 26, 2023 | 10.82% |
| Dec 25, 2022 | 28.50% |
| Sep 25, 2022 | 7.13% |
| Jun 26, 2022 | 21.41% |
| Mar 27, 2022 | 19.77% |
| Dec 26, 2021 | 13.77% |
| Sep 26, 2021 | 6.93% |
Qualcomm FCF Margin 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=fcf-margin&ticker=QCOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=QCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();