Qualcomm (QCOM) Report on Q3 2025 income

Qualcomm reported the financial third quarter income Wednesday, which won Wall Street expectations and provided a stronger guide for the current quarter. Qualcomm shares slide in advanced trade.

Here’s how the chips made for the quarter, which ended on June 29 compared to the LSEG consensus expectations:

• Income per share: 2.77 dollar, adjusted compared to $ 2.71, expected
• Income: Expected 10.37 billion dollars vs. 10.35 billion

In the current quarter, Qualcomm said it was expected to $ 2.85 per share in adjusted profit by $ 10.7 billion in the middle. Analysts surveyed by LSEG expected $ 2.83 to adjusted a share of $ 10.35 billion.

The net income for a quarter ended in June amounted to $ 2.66 billion, or $ 2.43 per share, against $ 2.13 billion, or $ 1.88 a year ago.

The most important business is Qualcomm is the sale of smartphones under its Snapdragon brand, including the CPU and high-end modem, made by Samsung. It also provides modem Apple. His business -bizes -Chip reported that he reported a quarter of the income of $ 6.33, just shy about $ 6.44 billion.

Qualcomm expects to lose Apple as a customer for his modem in the coming years. But the company is working on diversification of its business, making chips for other devices, including PCs with Windows and MetaVirtual reality headphones and Meta Ray-Bans Smart Glasses.

Qualcomm CEO Cristiano Amon emphasized Meta’s work in a short interview on Wednesday.

He said the creation of chips for devices such as Smart Glasses Meta’s Ray-Bans was a good example of AI Chip Manufacturers, which was supposed to take “personal AI” or AI apps that work on devices rather than on the cloud.

Qualcomm reports on its income from Meti -Division “Internet Things”, which for the quarter had $ 1.68 billion.

Amon referred to Mark ZuckerbergOn Wednesday, AI Vision’s statement focused on the “personal warden”, saying that “inverted in the quarter within the IOT is what we do with smart glasses.”

Akash Palkhiwala’s financial director said Meta had stronger chips per quarter.

On Monday’s father ra-ban essilorluxottica – Note that with the annual basis for sale of reasonable glasses is more than three times.

“Mark today has released the video, with only a very clear vision of how they see how personal AI AI and Super Intelligence develops, and we are a key part of this section,” Palhivil said.

Ammon also said Qualcomm will start providing data on how much its chip is growing Apple “About 15% this year, he said.

Amon said Qualcomm also seeks to expand data at the data center and sell versions of their chips that can be used to deploy artificial intelligence, Amon said on a call with analysts. He said Qualcomm was already in discussions with a major cloud company – called Hyperscaler – for AI chips. He said Qualcomm could start seeing income in his financial 2028.

“While we are in the early stages of this expansion, we are engaged with several potential customers,” Amon said. “Currently, we are conducting launched discussions with leading Hyperscaler.”

The company’s automobile business was marked by Amon as one of the biggest company growth opportunities, but in the third quarter it increased by 21% to $ 984 million, which is below 24% of IoT company.

“If you expect an opportunity for the growth we have in Auto and IoT, much higher than Apple’s income,” Palchiv said.

Another large Qualcomm unit is QTL, which includes a technology license fee that Qualcomm has developed and patented, including a 5G standard. Overall, QTL revenue increased by 11% to $ 1.32 billion.

Qualcomm said he spent a little less than $ 1 billion on cash dividends and $ 2.8 billion, gaining $ 19 million in the quarter.