Qualcomm Incorporated (QCOM)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 21,902,000 | 19,951,000 | 25,565,000 | 19,304,000 | 14,276,000 |
| Revenue | US$ in thousands | 38,962,000 | 35,820,000 | 44,200,000 | 33,566,000 | 23,531,000 |
| Gross profit margin | 56.21% | 55.70% | 57.84% | 57.51% | 60.67% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $21,902,000K ÷ $38,962,000K
= 56.21%
Qualcomm Incorporated's gross profit margin has shown some fluctuation over the past five years. In the most recent fiscal year ending September 30, 2024, the gross profit margin was 56.21%, slightly higher than the previous year's 55.70%. Despite this increase, it is lower compared to the 57.84% recorded in fiscal year 2022 and the 57.51% in fiscal year 2021. The highest gross profit margin in the last five years was reported in fiscal year 2020 at 60.67%. This trend suggests that Qualcomm has experienced some variability in its ability to generate profits from its core operations over the period under review. Further analysis of the factors driving these fluctuations may provide insights into Qualcomm's operational efficiency and pricing strategies.
Peer comparison
Sep 30, 2024