Qualcomm (QCOM) Invested Capital (2009 - 2026)
Qualcomm's Invested Capital was $43.02 billion in fiscal Q4 2026 (quarter ended Sep 27, 2026), up 19.4% from $36.02 billion a year earlier and up 6.4% from the prior quarter.
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Analysis
Qualcomm (QCOM) Invested Capital (2009 - 2026) Analysis & Trends
From fiscal Q4 2009 onward, Qualcomm has reported Invested Capital for 62 quarters.
- Invested Capital shows a five-year compound annual growth rate of 12.7% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $36.02 billion in FY2025 (-8.9%), $39.54 billion in FY2024 (+9.6%), $36.07 billion in FY2023 (+14.3%) and $31.55 billion in FY2022 (+33.4%).
- The fiscal Q4 2026 figure marks the highest quarterly Invested Capital since fiscal Q2 2018.
- Compared with a year earlier, Invested Capital was higher in five of the last eight quarters, with growth averaging 3.3%.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q2 2023 (growth of 37.9%); the worst was fiscal Q4 2025 (a decline of 8.9%).
- Per Business Quant data, QCOM's Invested Capital in the three fiscal quarters before Q4 2026 was $40.44 billion (Q3 2026), $42.05 billion (Q2 2026) and $37.89 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 227.92 Bn |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 262.35 Bn |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 159.11 Bn |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 143.56 Bn |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 75.47 Bn |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | 28.20 Bn |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 181.69 Bn |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | Qualcomm | 184.89 Bn | 147.28 Bn | 5.24 Bn | 43.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 43.02 Bn |
| Jun 28, 2026 | 40.44 Bn |
| Mar 29, 2026 | 42.05 Bn |
| Dec 28, 2025 | 37.89 Bn |
| Sep 28, 2025 | 36.02 Bn |
| Jun 29, 2025 | 42.00 Bn |
| Mar 30, 2025 | 40.99 Bn |
| Dec 29, 2024 | 40.09 Bn |
| Sep 29, 2024 | 39.54 Bn |
| Jun 23, 2024 | 37.86 Bn |
| Mar 24, 2024 | 39.01 Bn |
| Dec 24, 2023 | 37.62 Bn |
| Sep 24, 2023 | 36.07 Bn |
| Jun 25, 2023 | 35.20 Bn |
| Mar 26, 2023 | 35.18 Bn |
| Dec 25, 2022 | 34.24 Bn |
| Sep 25, 2022 | 31.55 Bn |
| Jun 26, 2022 | 29.65 Bn |
| Mar 27, 2022 | 25.52 Bn |
| Dec 26, 2021 | 25.04 Bn |
API Access
Qualcomm Invested Capital 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=invested-capital&ticker=QCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=QCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();