Qualcomm (QCOM) Operating Margin (2009 - 2026)

Qualcomm's Operating Margin history runs 18 years deep, the most recent figure standing at 25.49% for Q1 2026.

• In Q1 2026, Operating Margin fell 293.0% year-over-year to 25.49%; the TTM figure through Mar 2026 stood at 32.39% (up 284.0% YoY), while the FY2025 annual figure was 32.63%, up 191.0% from the prior year.
• Operating Margin was 25.49% for Q1 2026 at Qualcomm, down from 27.47% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 60.09% in Q3 2025 to a low of 16.34% in Q3 2023.
• Historically, Operating Margin has averaged 31.74% across 5 years, with a median of 28.42% in 2025.
• The sharpest annual moves came in 2023 and 2025: Operating Margin slumped 2262 bps in 2023, then jumped 2983 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 26.05% in 2022, then jumped by 35 bps to 35.21% in 2023, then rose by 2 bps to 35.76% in 2024, then fell by 23 bps to 27.47% in 2025, then decreased by 7 bps to 25.49% in 2026.
• The last three Operating Margin figures came in at 25.49% (Q1 2026), 27.47% (Q4 2025), and 60.09% (Q3 2025), per Business Quant data.