QCOMQUALCOMM INC/DE
Radio & Tv Broadcasting & Communications Equipment
- Revenue
- $44.3B
- 14% YoY
- Operating margin
- 27.9%
- 7.9% YoY
- EBITDA
- $14.0B
- 19% YoY
- Market cap
- $174.2B
- Employees
- —
- Net debt / EBITDA
- 0.7×
- $10.3B net debt
- AI in 10-K
- 13.5
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo253% of net incomeCash flow under 80% of net income
- Dilutive SBCNo6% of revenueOver 10% of revenue
- Payouts exceed cash flowNo77% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo25% of assetsOver 40% of assets
- Shareholder dissentNo92% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo13.5 per 10K words · 96th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo0.7× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$174.2B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$22M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $33.6B | $44.2B | $35.8B | $39.0B | $44.3B | 14% |
| Operating income | $9.8B | $15.9B | $7.8B | $10.1B | $12.4B | 23% |
| Net income | $9.0B | $12.9B | $7.2B | $10.1B | $5.5B | 45% |
| Operating cash flow | $10.5B | $9.1B | $11.3B | $12.2B | $14.0B | 15% |
| Capex | $1.9B | $2.3B | $1.4B | $1.0B | $1.2B | 15% |
| Stock-based comp | $1.7B | $2.0B | $2.5B | $2.6B | $2.8B | 5.1% |
| Buybacks | $3.4B | $3.1B | $3.0B | $4.1B | $8.8B | 113% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $22M · 120
- Net
- −$22M
Pay vs performance
No pay-versus-performance disclosure yet.