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Qualcomm Incorporated (NASDAQ: QCOM)

Semiconductors ยท San Diego, CA, United States ยท Founded 1985

$180.0B
Market Cap
$44.28B
Revenue
51,000
Employees
$5.54B
Net Income
๐Ÿ“Š Key Statistics for Qualcomm Incorporated (QCOM)
  • Market capitalization: $180.0 billion
  • Annual revenue: $44.28 billion
  • Net income: $5.54 billion
  • Employees: 51,000
  • Sector: Technology
  • Headquarters: San Diego, United States
  • Founded: 1985

Source: Statvoo company profile for Qualcomm Incorporated. Browse all 500+ companies

๐Ÿ“‹ About Qualcomm Incorporated

Qualcomm designs the chips and modems that power the majority of the world's Android smartphones. Its Snapdragon processors are in devices from Samsung, Xiaomi, and virtually every other Android OEM. Revenue is about $36 billion annually. The company also holds foundational patents on 3G, 4G, and 5G wireless technology, creating a licensing business that's essentially a toll on the entire mobile industry. Qualcomm is pushing aggressively into automotive and PC chips.

๐Ÿ’ฐ How Qualcomm Incorporated Makes Money

Two distinct businesses: QCT (chip sales, ~80% of revenue) and QTL (patent licensing, ~20% of revenue but ~60% of profits). The licensing business is extraordinarily profitable โ€” Qualcomm collects royalties on every 3G/4G/5G device sold worldwide, regardless of whose chips are inside. Automotive and IoT are the diversification plays beyond smartphones.

๐Ÿ“œ Key Milestones

Irwin Jacobs and six co-founders started Qualcomm in 1985 in San Diego to commercialize CDMA wireless technology. The company's bet on CDMA over the competing TDMA standard in the 1990s proved transformative. Qualcomm survived a hostile takeover attempt by Broadcom in 2017-2018, blocked by President Trump on national security grounds. The Snapdragon brand has become synonymous with premium Android performance.

๐Ÿ“Š Financial Overview
Market Capitalization$180.0B
Annual Revenue$44.28B
Net Income$5.54B
Profit Margin13%
Revenue per Employee$868235K
Stock ExchangeNASDAQ
Ticker SymbolQCOM

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

Qualcomm has been sued by nearly every major regulator in the world over its licensing practices โ€” the FTC, European Commission, Korean FTC, and Chinese regulators have all taken shots. Apple tried to replace Qualcomm's modems with its own but kept coming back because the technology is that hard to replicate. Qualcomm's San Diego campus has its own zip code.

๐Ÿ“ Analyst Take

The smartphone market is mature, but Qualcomm's automotive pipeline ($30+ billion backlog) and the AI PC opportunity could reignite growth. The licensing business remains a legal target, but it's survived every challenge so far.

โ“ Frequently Asked Questions

What is Qualcomm Incorporated's revenue?

Qualcomm Incorporated generates approximately $44.28 billion in annual revenue.

How many employees does Qualcomm Incorporated have?

Qualcomm Incorporated employs approximately 51,000 people worldwide.

What is Qualcomm Incorporated's market cap?

Qualcomm Incorporated (QCOM) has a market capitalization of approximately $180.0 billion on the NASDAQ.

When was Qualcomm Incorporated founded?

Qualcomm Incorporated was founded in 1985 and is headquartered in San Diego, CA, United States.

Who is the CEO of Qualcomm Incorporated?

Cristiano Amon is the current CEO of Qualcomm Incorporated.

What is Qualcomm Incorporated's website?

Qualcomm Incorporated's official website is qualcomm.com.