Qualcomm QCOM
NASDAQ QCOM
$181.97 +5.09 (+2.88%)
At close: Sep 11, 2026 · 4:00 PM EDT

Qualcomm (QCOM) Operating Margin (2009 - 2026)

Qualcomm (QCOM) posted Operating Margin of 16.35% for Q2 2026, down 24.96% on a QoQ basis from 21.79% in Q1 2026, and down 1030.0% year-over-year from 1.76% in Q2 2025.

Analysis

Qualcomm (QCOM) Operating Margin (2009 - 2026) Analysis & Trends

Qualcomm has reported Operating Margin for 18 years, with the latest figure at 16.35% in Q2 2026.

  • On a quarterly basis, Operating Margin fell 1030.0% year-over-year to 16.35% in Q2 2026; TTM through Jun 2026 was 23.19%, a 460.0% decrease from a year earlier, with the FY2025 full-year figure at 27.9%, up 205.0% from the prior year.
  • Operating Margin was 16.35% for Q2 2026 at Qualcomm, down from 21.79% in the prior quarter.
  • The five-year high for Operating Margin was 40.89% in Q2 2022, with the low at 16.34% in Q3 2023.
  • Average Operating Margin over 5 years is 26.35%, with a median of 25.97% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin surged 1366 bps in 2022, then plunged 1932 bps in 2023.
  • Over 5 years, Operating Margin stood at 26.05% in 2022, then climbed by 13 bps to 29.47% in 2023, then advanced by 3 bps to 30.47% in 2024, then dropped by 10 bps to 27.47% in 2025, then tumbled by 40 bps to 16.35% in 2026.
  • The last three Operating Margin figures came in at 16.35% (Q2 2026), 21.79% (Q1 2026), and 27.47% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Nvidia 5,260.79 Bn 5,195.56 Bn 72.14 Bn 66.24%
2 Broadcom 1,728.14 Bn 1,704.17 Bn 20.46 Bn 53.92%
3 Advanced Micro Devices 842.32 Bn 829.21 Bn 6.20 Bn 17.25%
4 Arm Holdings 280.94 Bn 277.05 Bn 1.25 Bn 7.06%
5 Marvell Technology 207.04 Bn 203.10 Bn 1.46 Bn 16.78%
6 Qualcomm 192.34 Bn 184.04 Bn 5.28 Bn 16.35%
7 Monolithic Power Systems 60.66 Bn 59.25 Bn 541.07 Mn 30.99%
8 Astera Labs 50.52 Bn 49.27 Bn 287.57 Mn 22.74%
9 Credo Technology Group Holding 30.60 Bn 29.83 Bn 309.08 Mn 25.20%
10 Sitime 16.85 Bn 14.93 Bn 99.14 Mn 5.22%
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 16.35%
Mar 29, 2026 21.79%
Dec 28, 2025 27.47%
Sep 28, 2025 25.89%
Jun 29, 2025 26.65%
Mar 30, 2025 28.42%
Dec 29, 2024 30.47%
Sep 29, 2024 25.20%
Jun 23, 2024 23.65%
Mar 24, 2024 24.92%
Dec 24, 2023 29.47%
Sep 24, 2023 16.34%
Jun 25, 2023 21.57%
Mar 26, 2023 22.53%
Dec 25, 2022 26.05%
Sep 25, 2022 32.17%
Jun 26, 2022 40.89%
Mar 27, 2022 34.56%
Dec 26, 2021 36.10%
Sep 26, 2021 31.08%