Qualcomm Incorporated (QCOM)
Net profit margin
| Sep 30, 2024 | Jun 23, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 10,142,000 | 8,712,000 | 8,386,000 | 7,764,000 | 7,232,000 | 8,615,000 | 10,542,000 | 11,772,000 | 12,936,000 | 12,861,000 | 11,158,000 | 9,986,000 | 9,042,000 | 9,204,000 | 8,022,000 | 6,728,000 | 5,198,000 | 2,744,000 | 4,048,000 | 4,243,000 |
| Revenue (ttm) | US$ in thousands | 38,961,000 | 37,348,000 | 36,406,000 | 36,292,000 | 35,820,000 | 38,584,000 | 41,069,000 | 42,958,000 | 44,200,000 | 42,141,000 | 39,265,000 | 36,036,000 | 33,566,000 | 32,576,000 | 29,409,000 | 26,690,000 | 23,532,000 | 20,000,000 | 24,742,000 | 24,508,000 |
| Net profit margin | 26.03% | 23.33% | 23.03% | 21.39% | 20.19% | 22.33% | 25.67% | 27.40% | 29.27% | 30.52% | 28.42% | 27.71% | 26.94% | 28.25% | 27.28% | 25.21% | 22.09% | 13.72% | 16.36% | 17.31% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $10,142,000K ÷ $38,961,000K
= 26.03%
The net profit margin of Qualcomm Incorporated has shown a generally positive trend over the past two years, indicating the company's ability to effectively manage its expenses relative to its revenue. The margin has been consistently above 20% in recent quarters, with a peak of 30.52% in the second quarter of 2022. This suggests strong profitability and efficient cost control measures. However, there was a slight dip in the most recent quarter to 26.03%, which may warrant further investigation to understand the factors contributing to this decrease. Overall, Qualcomm's net profit margin performance reflects stability and profitability in its operations.
Peer comparison
Sep 30, 2024