Qualcomm (LIM:QCOM) Retained Earnings: $26,901 Mil (As of Mar. 2026)


LIM:QCOM Qualcomm Inc LIM:QCOM
87 GF Score
Price $190.85
GF Value $176.43
Valuation Fairly Valued
! 3 Warning Signs
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What is Qualcomm Retained Earnings?

Qualcomm LIM:QCOM 87 Retained Earnings is $26,901 Mil as of Mar. 2026. GuruFocus rates LIM:QCOM with a GF Score™ of 87/100 and a GF Value™ of $176.43 (Fairly Valued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Qualcomm's retained earnings for the quarter that ended in Mar. 2026 was $26,901 Mil.

Qualcomm's quarterly retained earnings increased from Sep. 2025 ($20,646 Mil) to Dec. 2025 ($22,498 Mil) and increased from Dec. 2025 ($22,498 Mil) to Mar. 2026 ($26,901 Mil).

Qualcomm's annual retained earnings increased from Sep. 2023 ($20,733 Mil) to Sep. 2024 ($25,687 Mil) but then declined from Sep. 2024 ($25,687 Mil) to Sep. 2025 ($20,646 Mil).


Qualcomm  (LIM:QCOM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Qualcomm Retained Earnings Historical Data

* Premium members only.

The historical data trend for Qualcomm's Retained Earnings 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 Retained Earnings Chart

Qualcomm Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,822.00 17,840.00 20,733.00 25,687.00 20,646.00

Qualcomm Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 27,333.00 26,552.00 20,646.00 22,498.00 26,901.00
LIM:QCOM
87GF Score
Qualcomm Inc LIM:QCOM
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualcomm Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $26,901 Mil mean?
Qualcomm (LIM:QCOM) has a Retained Earnings of $26,901 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Qualcomm and its competitors.
Is Qualcomm's Retained Earnings too high?
Qualcomm's current Retained Earnings is $26,901 Mil. Overall, Qualcomm has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qualcomm's Retained Earnings compare to ADI and MRVL?
Qualcomm's Retained Earnings of $26,901 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 Retained Earnings for a Semiconductors company?
A good Retained Earnings depends on the Semiconductors industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Qualcomm and its competitors. Qualcomm's current Retained Earnings is $26,901 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 (LIM:QCOM) is currently considered Fairly Valued. The stock's GF Value™ is $176.43, compared to a current price of $190.85 — trading 8.2% above its estimated fair value. The current Retained Earnings is $26,901 Mil. Qualcomm's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Qualcomm (LIM:QCOM), the current Retained Earnings is $26,901 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 (LIM:QCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Qualcomm stock appears to be overvalued. The current stock price of $190.85 is trading 8.2% above its estimated GF Value™ of $176.43. GuruFocus considers Qualcomm to be Fairly Valued.

Key valuation signals for LIM:QCOM:

  • Retained Earnings: $26,901 Mil
  • GF Value™: $176.43 vs. price of $190.85 (8.2% above fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the LIM: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.
87GF Score

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

$190.85
Price
$176.43
GF Value