Catalyst

$QCOM

- Qualcomm reported Q2 fiscal 2026 revenues of $10.6 billion, GAAP EPS of $6.88, and non-GAAP EPS of $2.65 (down 7% YoY), with record QCT automotive revenues and combined automotive and IoT revenue up

QCOM

$176.25

-3.12%

What changed

$QCOM - Qualcomm reported Q2 fiscal 2026 revenues of $10.6 billion, GAAP EPS of $6.88, and non-GAAP EPS of $2.65 (down 7% YoY), with record QCT automotive revenues and combined automotive and IoT revenue up 20% YoY. The company completed $5.4 billion in share repurchases in the first half and announced a new $20 billion authorization.

Why it matters

Q4 revenue beat estimates by 3% amid strong smartphone chip demand.

Sources

pipeline