Qualcomm (QCOM) Operating Expenses (2009 - 2026)
Qualcomm (QCOM) posted Operating Expenses of $8.3 billion for Q2 2026, little changed on a QoQ basis from $8.3 billion in Q1 2026, and up 9.44% year-over-year from $7.6 billion in Q2 2025.
Analysis
Qualcomm (QCOM) Operating Expenses (2009 - 2026) Analysis & Trends
Qualcomm has reported Operating Expenses for 18 years, with the latest figure at $8.3 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 9.44% year-over-year to $8.3 billion in Q2 2026; TTM through Jun 2026 was $33.8 billion, a 8.36% increase from a year earlier, with the FY2025 full-year figure at $31.9 billion, up 10.52% from the prior year.
- Operating Expenses was $8.3 billion for Q2 2026 at Qualcomm, roughly flat from $8.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $8.9 billion in Q4 2025, with the low at $6.5 billion in Q2 2022.
- Average Operating Expenses over 5 years is $7.5 billion, with a median of $7.5 billion recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses climbed 26.64% in 2022, then decreased 6.57% in 2023.
- Over 5 years, Operating Expenses stood at $7.0 billion in 2022, then grew by 0.13% to $7.0 billion in 2023, then increased by 15.8% to $8.1 billion in 2024, then climbed by 9.51% to $8.9 billion in 2025, then fell by 6.36% to $8.3 billion in 2026.
- The last three Operating Expenses figures came in at $8.3 billion (Q2 2026), $8.3 billion (Q1 2026), and $8.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 4.50 Bn |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | 188.38 Mn |
| 10 | Sitime | 16.85 Bn | 14.93 Bn | 99.14 Mn | 90.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 8.32 Bn |
| Mar 29, 2026 | 8.29 Bn |
| Dec 28, 2025 | 8.89 Bn |
| Sep 28, 2025 | 8.35 Bn |
| Jun 29, 2025 | 7.60 Bn |
| Mar 30, 2025 | 7.86 Bn |
| Dec 29, 2024 | 8.11 Bn |
| Sep 29, 2024 | 7.66 Bn |
| Jun 23, 2024 | 7.17 Bn |
| Mar 24, 2024 | 7.05 Bn |
| Dec 24, 2023 | 7.01 Bn |
| Sep 24, 2023 | 7.22 Bn |
| Jun 25, 2023 | 6.63 Bn |
| Mar 26, 2023 | 7.19 Bn |
| Dec 25, 2022 | 7.00 Bn |
| Sep 25, 2022 | 7.73 Bn |
| Jun 26, 2022 | 6.46 Bn |
| Mar 27, 2022 | 7.31 Bn |
| Dec 26, 2021 | 6.84 Bn |
| Sep 26, 2021 | 6.43 Bn |