Qualcomm (WBO:QCOM) FCF Margin %: 18.08% (As of Mar. 2026) — 31% Below Median


WBO:QCOM Qualcomm Inc WBO:QCOM
83 GF Score
Price €175.54
GF Value €150.78
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Qualcomm FCF Margin %?

Qualcomm WBO:QCOM -12.34% 83 FCF Margin % is 18.08% as of Mar. 2026, which is 31% below its 10-year median of 26.06. GuruFocus rates WBO:QCOM with a GF Score™ of 83/100 and a GF Value™ of €150.78 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,022 Semiconductors companies, Qualcomm ranks better than 94.42% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Qualcomm's Free Cash Flow for the three months ended in Mar. 2026 was €1,657 Mil. Qualcomm's Revenue for the three months ended in Mar. 2026 was €9,168 Mil. Therefore, Qualcomm's FCF Margin % for the quarter that ended in Mar. 2026 was 18.08%.

As of today, Qualcomm's current FCF Yield % is 5.81%.

The historical rank and industry rank for Qualcomm's FCF Margin % or its related term are showing as below:

WBO:QCOM' s FCF Margin % Range Over the Past 10 Years
Min: 13.82   Med: 26.06   Max: 30.11
Current: 28.06


During the past 13 years, the highest FCF Margin % of Qualcomm was 30.11%. The lowest was 13.82%. And the median was 26.06%.

WBO:QCOM's FCF Margin % is ranked better than
94.42% of 1022 companies
in the Semiconductors industry
Industry Median: -0.8 vs WBO:QCOM: 28.06


Qualcomm FCF Margin % Related Terms


Qualcomm FCF Margin % Historical Data

* Premium members only.

The historical data trend for Qualcomm's FCF Margin % 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.

Qualcomm FCF Margin % Chart

Qualcomm Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.76 15.46 27.50 28.65 28.95

Qualcomm Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial 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 21.31 24.90 31.84 36.04 18.08

WBO:QCOM vs TXN, ADI, MRVL: FCF Margin % Comparison

For the Semiconductors subindustry, Qualcomm's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Qualcomm's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Qualcomm's FCF Margin % falls into.


WBO:QCOM
83GF Score
Qualcomm Inc WBO:QCOM
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualcomm FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Qualcomm's FCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=10922.64/37729.968
=28.95 %

Qualcomm's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1657.34/9168.135
=18.08 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 18.08% mean?
Qualcomm (WBO:QCOM) has a FCF Margin % of 18.08% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Qualcomm and its competitors. This is 31% below median its historical median of 26.06. Over the past decade, Qualcomm's FCF Margin % has ranged from 13.82 to 30.11. According to the industry distribution chart, Qualcomm ranks #57 out of 1022 companies in the Semiconductors industry, placing it in the top 5.6%.
Is Qualcomm's FCF Margin % too high?
Qualcomm's current FCF Margin % of 18.08% is 31% below median its 10-year median of 26.06. Over the past 10 years, this metric has ranged from a low of 13.82 to a high of 30.11. Based on the distribution chart, Qualcomm ranks #57 out of 1022 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Qualcomm has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualcomm's FCF Margin % compare to TXN and ADI?
According to the Semiconductors industry distribution chart, Qualcomm ranks #57 out of 1022 companies for FCF Margin %. This places Qualcomm in the top 6% of its industry — outperforming the majority of peers. Historically, Qualcomm's own FCF Margin % has ranged from 13.82 to 30.11 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Semiconductors company?
A good FCF Margin % depends on the Semiconductors industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Qualcomm and its competitors. Qualcomm's current FCF Margin % is 18.08%, which is 31% below median its own 10-year median of 26.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualcomm stock overvalued right now?
Based on GuruFocus' analysis, Qualcomm (WBO:QCOM) is currently considered Modestly Overvalued. The stock's GF Value™ is €150.78, compared to a current price of €175.54 — trading 16.4% above its estimated fair value. The current FCF Margin % is 18.08%, which is 31% below median its 10-year median of 26.06. Qualcomm's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Qualcomm (WBO:QCOM), the current FCF Margin % is 18.08% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Qualcomm (WBO:QCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Qualcomm stock appears to be overvalued. The current stock price of €175.54 is trading 16.4% above its estimated GF Value™ of €150.78. GuruFocus considers Qualcomm to be Modestly Overvalued.

Key valuation signals for WBO:QCOM:

  • FCF Margin %: 18.08% (31% below median its 10-year median of 26.06)
  • GF Value™: €150.78 vs. price of €175.54 (16.4% above fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the WBO:QCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qualcomm Business Description

Address 5775 Morehouse Drive, San Diego, CA, USA, 92121-1714
Qualcomm develops and licenses wireless technology and 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, 4G, and 5G networks. 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. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
83GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€175.54
Price
€150.78
GF Value