Qualcomm Incorporated (QCOM)

Operating profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Operating income	US$ in thousands	10,071,000	7,788,000	15,860,000	9,789,000	6,255,000
Revenue	US$ in thousands	38,962,000	35,820,000	44,200,000	33,566,000	23,531,000
Operating profit margin		25.85%	21.74%	35.88%	29.16%	26.58%

September 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $10,071,000K ÷ $38,962,000K
= 25.85%

Qualcomm Incorporated's operating profit margin has exhibited variations over the past five years. In 2024, the operating profit margin stood at 25.85%, indicating that the company retained approximately 25.85% of its revenue as operating profit after accounting for operating expenses. This represents an improvement compared to the previous year, where the margin was 21.74%.

However, the operating profit margin in 2024 was lower than the peak achieved in 2022, which was 35.88%. This suggests that Qualcomm was more efficient in generating operating profits in 2022 compared to the most recent year. Despite the slight decline from 2022 to 2024, the company's operating profit margin remains relatively strong, indicating effective cost management and revenue generation strategies.

Over the five-year period, Qualcomm has generally maintained operating profit margins above 20%, reflecting the company's ability to generate profits from its core business operations. Investors and stakeholders may find Qualcomm's consistent performance in this area encouraging, as it suggests operational efficiency and profitability.