QCOM (Qualcomm) Pre-Tax Income: $11,212 Mil (TTM As of Jun. 2026)

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QCOM Qualcomm Inc QCOM
92 GF Score
Price $165.79
GF Value $177.00
Valuation Fairly Valued
! 3 Warning Signs
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What is Qualcomm Pre-Tax Income?

Qualcomm QCOM +0.61% 92 Pre-Tax Income is $11,212 Mil as of Jun. 2026. GuruFocus rates QCOM with a GF Score™ of 92/100 and a GF Value™ of $177.00 (Fairly Valued). The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Qualcomm's pretax income for the three months ended in Jun. 2026 was $2,462 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $11,212 Mil. Qualcomm's pretax margin was 24.75%.

During the past 13 years, Qualcomm's highest Pretax Margin was 33.93%. The lowest was 1.73%. And the median was 27.56%.


Qualcomm  (NAS:QCOM) Pre-Tax Income Explanation

Qualcomm's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=2462/9947
=24.75%

During the past 13 years, Qualcomm's highest Pretax Margin was 33.93%. The lowest was 1.73%. And the median was 27.56%.

* 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 Pre-Tax Income Related Terms


Qualcomm Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Qualcomm's Pre-Tax Income 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 Pre-Tax Income Chart

Qualcomm Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,274.00 14,998.00 7,443.00 10,336.00 12,663.00

Qualcomm Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income 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 2,952.00 2,971.00 3,547.00 2,232.00 2,462.00

QCOM vs ADI, MRVL, TXN: Pre-Tax Income Comparison

For the Semiconductors subindustry, Qualcomm's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Qualcomm's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Qualcomm's Pre-Tax Income falls into.


QCOM
92GF Score
Qualcomm Inc QCOM
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualcomm Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=12394+294+-664+639+0
=12,663

Qualcomm's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1626+917+-178+97+0
=2,462

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,212 Mil.

* 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 Pre-Tax Income →
What does a Pre-Tax Income of $11,212 Mil mean?
Qualcomm (QCOM) has a Pre-Tax Income of $11,212 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Qualcomm and its competitors.
Is Qualcomm's Pre-Tax Income too high?
Qualcomm's current Pre-Tax Income is $11,212 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 Pre-Tax Income compare to ADI and MRVL?
Qualcomm's Pre-Tax Income of $11,212 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 Pre-Tax Income for a Semiconductors company?
A good Pre-Tax Income depends on the Semiconductors industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Qualcomm and its competitors. Qualcomm's current Pre-Tax Income is $11,212 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 $177.00, compared to a current price of $165.79 — trading 6.3% below its estimated fair value. The current Pre-Tax Income is $11,212 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 Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Qualcomm (QCOM), the current Pre-Tax Income is $11,212 Mil as of Jun. 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 undervalued. The current stock price of $165.79 is trading 6.3% below its estimated GF Value™ of $177.00. GuruFocus considers Qualcomm to be Fairly Valued.

Key valuation signals for QCOM:

  • Pre-Tax Income: $11,212 Mil
  • GF Value™: $177.00 vs. price of $165.79 (6.3% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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 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.
92GF Score

Get the complete analysis for QCOM

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$165.79
Price
$177.00
GF Value