Qualcomm Q3 2025 Earnings Report
Qualcomm (NASDAQ: QCOM) reported revenue of $10.4 billion for the third quarter of fiscal 2025, surpassing analyst expectations by 10%, with adjusted earnings per share rising 19% to $2.77. Despite these positive results, Qualcomm’s stock fell approximately 5% in after-hours trading on Wednesday.
The company’s non-smartphone revenue saw a significant increase, with automotive revenue rising 21% to $984 million and Internet of Things revenue jumping 24% to $1.7 billion. Revenue from technology licensing also increased by 4% to $1.32 billion. As part of its diversification strategy, Qualcomm is expanding into the PC industry and augmented reality, anticipating to power over 100 PC models by 2026.
Looking ahead, Qualcomm estimates fourth-quarter revenue to be between $10.3 billion and $11.1 billion, with adjusted EPS expected to range from $2.75 to $2.95.
