USD 4,243 Mil as of today(2020-02-16). In depth view into Qualcomm Net Income explanation, calculation, historical data and more" />QCOM Net Income | Qualcomm - GuruFocus.com
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Qualcomm Net Income

: USD 4,243 Mil (TTM As of Dec. 2019)
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Qualcomm's net income for the three months ended in Dec. 2019 was USD 925 Mil. Its net income for the trailing twelve months (TTM) ended in Dec. 2019 was USD 4,243 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Qualcomm's Earnings per Share (Diluted) for the three months ended in Dec. 2019 was USD 0.80.


Qualcomm Net Income Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Qualcomm Annual Data
Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,271.00 5,705.00 2,445.00 -4,964.00 4,386.00

Qualcomm Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Net Income 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 1,068.00 663.00 2,149.00 506.00 925.00

Qualcomm Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Qualcomm's Net Income for the fiscal year that ended in Sep. 2019 is calculated as

Net Income(A: Sep. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7481+-3095+0+0
=4,386

Qualcomm's Net Income for the quarter that ended in Dec. 2019 is calculated as

Net Income(Q: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=947+-22+0+0
=925

Net Income for the trailing twelve months (TTM) ended in Dec. 2019 was 663 (Mar. 2019 ) + 2149 (Jun. 2019 ) + 506 (Sep. 2019 ) + 925 (Dec. 2019 ) = USD 4,243 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Qualcomm  (NAS:QCOM) Net Income Explanation

Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Qualcomm's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2019 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Qualcomm Net Income Related Terms


Qualcomm Net Income Headlines

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