Qualcomm (QCOM) Operating Margin (2009 - 2026)
Qualcomm (QCOM) posted quarterly Operating Margin of 16.35% for Q2 2026, down 1030.0% year-over-year from 1.76% in Q2 2025, and down 24.96% quarter-over-quarter from 21.79% in Q1 2026.
Qualcomm (QCOM) Operating Margin (2009 - 2026) Analysis & Trends
Qualcomm's Operating Margin history runs 18 years deep, the most recent figure standing at 16.35% for Q2 2026.
- In Q2 2026, Operating Margin fell 1030.0% year-over-year to 16.35%; the TTM figure through Jun 2026 stood at 23.19% (down 460.0% YoY), while the FY2025 annual figure was 27.9%, up 205.0% from the prior year.
- Operating Margin for Q2 2026 stood at 16.35%, 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.
- The 5-year median for Operating Margin is 25.97% (2022), against an average of 26.35%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin soared 1366 bps in 2022, then plunged 1932 bps in 2023.
- Qualcomm's Operating Margin stood at 26.05% in 2022, then gained by 13 bps to 29.47% in 2023, then rose by 3 bps to 30.47% in 2024, then decreased by 10 bps to 27.47% in 2025, then tumbled by 40 bps to 16.35% in 2026.
- Business Quant data shows QCOM's Operating Margin at 16.35% in Q2 2026, 21.79% in Q1 2026, and 27.47% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn | 58.10% |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn | 65.60% |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn | 48.62% |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn | 80.37% |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn | 14.40% |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn | 11.14% |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 | -273.90% |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn | 7.06% |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn | 42.28% |
| 10 | Qualcomm | 159.88 Bn | 151.58 Bn | 5.28 Bn | 16.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |