Qualcomm (QCOM) Free Cash Flow (2009 - 2026)
Qualcomm (QCOM) reported Free Cash Flow of $495 million for fiscal Q3 2026 (quarter ended Jun 28, 2026), down 80.8% from $2.58 billion a year earlier and down 74.2% from the prior quarter.
Qualcomm (QCOM) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Qualcomm's Free Cash Flow came in at $10.42 billion, down 10.4% year-over-year; for FY2025 (ended Sep 28, 2025), it came in at $12.82 billion, up 14.9% from FY2024.
- Free Cash Flow has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 23.8% (FY2020 to FY2025).
- By fiscal year, Free Cash Flow came in at $11.16 billion in FY2024 (+13.3%), $9.85 billion in FY2023 (+44.1%), $6.83 billion in FY2022 (-21.0%) and $8.65 billion in FY2021 (+96.2%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Free Cash Flow since fiscal Q1 2019.
- Year over year, Free Cash Flow gained in three of the last eight quarters, with an average decline of 7.4%.
- The high point for year-over-year Free Cash Flow in five years was fiscal Q4 2023 (growth of 367.6%); the low point was fiscal Q3 2026 (a decline of 80.8%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $1.92 billion (Q2 2026), $4.42 billion (Q1 2026) and $3.59 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 21.40 Bn |
| 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 | 13.67 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 17.56 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 1.56 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 4.45 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 1.27 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 2.33 Bn |
| 10 | Qualcomm | 195.41 Bn | 155.33 Bn | 5.28 Bn | 495.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 495.00 Mn |
| Mar 29, 2026 | 1.92 Bn |
| Dec 28, 2025 | 4.42 Bn |
| Sep 28, 2025 | 3.59 Bn |
| Jun 29, 2025 | 2.58 Bn |
| Mar 30, 2025 | 2.34 Bn |
| Dec 29, 2024 | 4.31 Bn |
| Sep 29, 2024 | 2.39 Bn |
| Jun 23, 2024 | 2.67 Bn |
| Mar 24, 2024 | 3.37 Bn |
| Dec 24, 2023 | 2.74 Bn |
| Sep 24, 2023 | 3.80 Bn |
| Jun 25, 2023 | 2.35 Bn |
| Mar 26, 2023 | 1.00 Bn |
| Dec 25, 2022 | 2.70 Bn |
| Sep 25, 2022 | 812.00 Mn |
| Jun 26, 2022 | 2.34 Bn |
| Mar 27, 2022 | 2.21 Bn |
| Dec 26, 2021 | 1.47 Bn |
| Sep 26, 2021 | 647.00 Mn |
Qualcomm Free Cash Flow 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=free-cash-flow&ticker=QCOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=QCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();