Qualcomm Incorporated (QCOM)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 10,142,000 | 7,232,000 | 12,936,000 | 9,043,000 | 5,198,000 |
| Revenue | US$ in thousands | 38,962,000 | 35,820,000 | 44,200,000 | 33,566,000 | 23,531,000 |
| Net profit margin | 26.03% | 20.19% | 29.27% | 26.94% | 22.09% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $10,142,000K ÷ $38,962,000K
= 26.03%
Over the past five years, Qualcomm Incorporated has shown varying levels of net profit margin, which reflects the company's efficiency in generating profit from its revenue. In 2022, the net profit margin was at its highest at 29.27%, indicating strong profit generation relative to sales. This was followed by a slight dip in 2023 to 20.19%, which may have been due to various factors affecting profitability.
However, in 2024, Qualcomm rebounded with an improved net profit margin of 26.03%, signaling better profit efficiency compared to the previous year. The consistent profitability levels in 2021 and 2020, with net profit margins of 26.94% and 22.09% respectively, suggest the company's ability to maintain solid profitability over time.
Overall, while there have been fluctuations in Qualcomm's net profit margin, the company has generally demonstrated the capacity to generate profits effectively relative to its revenue. It will be important to monitor future financial performance to assess the sustainability of this profitability trend.
Peer comparison
Sep 30, 2024