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Qualcomm Gross Profit

: $19,485 Mil (TTM As of Jun. 2021)
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Qualcomm's gross profit for the three months ended in Jun. 2021 was $4,656 Mil. Qualcomm's gross profit for the trailing twelve months (TTM) ended in Jun. 2021 was $19,485 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Qualcomm's gross profit for the three months ended in Jun. 2021 was $4,656 Mil. Qualcomm's Revenue for the three months ended in Jun. 2021 was $8,060 Mil. Therefore, Qualcomm's Gross Margin % for the quarter that ended in Jun. 2021 was 57.77%.

Qualcomm had a gross margin of 57.77% for the quarter that ended in Jun. 2021 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Qualcomm was 67.39%. The lowest was 54.69%. And the median was 60.09%.


Qualcomm Gross Profit Historical Data

The historical data trend for Qualcomm's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qualcomm Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,805.00 12,466.00 12,367.00 15,674.00 14,276.00

Qualcomm Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,813.00 5,580.00 4,746.00 4,503.00 4,656.00

Competitive Comparison

For the Semiconductors subindustry, Qualcomm's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Qualcomm Gross Profit Distribution

For the Semiconductors industry and Technology sector, Qualcomm's Gross Profit distribution charts can be found below:

* The bar in red indicates where Qualcomm's Gross Profit falls into.



Qualcomm Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Qualcomm's Gross Profit for the fiscal year that ended in Sep. 2020 is calculated as

Gross Profit (A: Sep. 2020 )=Revenue - Cost of Goods Sold
=23531 - 9255
=14,276

Qualcomm's Gross Profit for the quarter that ended in Jun. 2021 is calculated as

Gross Profit (Q: Jun. 2021 )=Revenue - Cost of Goods Sold
=8060 - 3404
=4,656

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $19,485 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Qualcomm's Gross Margin % for the quarter that ended in Jun. 2021 is calculated as

Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,656 / 8060
=57.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Qualcomm  (NAS:QCOM) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Qualcomm had a gross margin of 57.77% for the quarter that ended in Jun. 2021 => Durable competitive advantage


Qualcomm Gross Profit Related Terms

Thank you for viewing the detailed overview of Qualcomm's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Qualcomm Business Description

Qualcomm logo
Industry
Technology » Semiconductors NAICS : 334118 SIC : 3577
Address
5775 Morehouse Drive, San Diego, CA, USA, 92121-1714
Qualcomm develops and licenses wireless technology and also designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G and 4G networks. The firm is a leader in 5G network technology as well. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors.
Executives
Amon Cristiano R officer: President 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Rosenberg Donald J officer: EVP & General Counsel QUALCOMM INCORPORATED 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Rogers Alexander H officer: EVP & President, QTL 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Modoff Brian officer: EVP, Strategy and M&A 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Thompson James H officer: EVP, Engineering & CTO 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Mollenkopf Steven M director, officer: Chief Executive Officer 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Mclaughlin Mark D director C/O PALO ALTO NETWORKS, INC. 4401 GREAT AMERICA PKWY SANTA CLARA CA 95054
Miller Jamie S director GENERAL ELECTRIC COMPANY 5 NECCO STREET BOSTON MA 02210
Fields Mark director FORD MOTOR COMPANY ONE AMERICAN ROAD DEARBORN MI 48126
Smit Neil director C/O AMERICA ONLINE LATIN AMERICA, INC. 6600 N. ANDREWS AVE., SUITE 400 FT. LAUDERDALE FL 33309
Palkhiwala Akash J. officer: EVP & Chief Financial Officer 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Polek Erin L officer: SVP & Chief Accounting Officer 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Tricoire Jean-pascal director 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Ace Heather S officer: EVP, Human Resources 3721 VALLEY CENTRE DR SUITE 500 SAN DIEGO CA 92130
Rosenfeld Irene B director 110 SE 6TH STREET 20TH FLOOR FORT LAUDERDALE FL 33301

Qualcomm Headlines

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