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Qualcomm's gross profit for the
three
months ended in Mar. 2026 was $5,699 Mil. Qualcomm's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $24,379 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Qualcomm's gross profit for the
three
months ended in Mar. 2026 was $5,699 Mil. Qualcomm's Revenue for the
three
months ended in Mar. 2026 was $10,599 Mil. Therefore, Qualcomm's Gross Margin % for the quarter that ended in Mar. 2026 was 53.77%.
Qualcomm had a gross margin of 53.77% for the quarter that ended in Mar. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Qualcomm was 64.57%. The lowest was 54.69%. And the median was 56.86%.
Warning Sign:
Qualcomm Inc gross margin has been in long-term decline. The average rate of decline per year is -1.6%.
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 53.77% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Qualcomm Gross Profit Related Terms
Qualcomm Gross Profit Historical Data
* Premium members only.
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.
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 vs Semiconductors Industry
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.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $24,379 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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 (QCOM) has a Gross Profit of $24,379 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Qualcomm and its competitors.
Is Qualcomm's Gross Profit too high?
Qualcomm's current Gross Profit is $24,379 Mil. Overall, Qualcomm has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qualcomm's Gross Profit compare to ADI and MRVL?
Qualcomm's Gross Profit of $24,379 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Semiconductors company?
A good Gross Profit depends on the Semiconductors industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Qualcomm and its competitors. Qualcomm's current Gross Profit is $24,379 Mil. 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 (QCOM) is currently considered Fairly Valued. The stock's GF Value™ is $174.54, compared to a current price of $175.63 — trading 0.6% above its estimated fair value. The current Gross Profit is $24,379 Mil. Qualcomm's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Qualcomm (QCOM), the current Gross Profit is $24,379 Mil 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 (QCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Qualcomm stock appears to be overvalued.
The current stock price of $175.63 is trading 0.6% above its estimated GF Value™ of $174.54.
GuruFocus considers Qualcomm to be Fairly Valued.
Key valuation signals for QCOM:
Gross Profit: $24,379 Mil
GF Value™: $174.54 vs. price of $175.63 (0.6% above fair value)
No single metric tells the full story. See the QCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
92GF Score
Get the complete analysis for QCOM
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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