# QUALCOMM INC/DE (QCOM) FY2024 Annual P&L / Income Statement

- Company: QUALCOMM INC/DE (QCOM)
- Period: 2023-09-25 to 2024-09-29
- Filing: FY2024 10-K, filed 2024-11-06, accession number 0000804328-24-000075
- Page: https://plicit.ai/financials/qcom/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/qcom-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-09-25 through 2024-09-29. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 38,962,000,000 US dollars
- **Cost of revenues**: 17,060,000,000 US dollars
- **Gross profit (calculated)**: 21,902,000,000 US dollars
- **Operating expenses (calculated)**: 11,831,000,000 US dollars
- **Operating income**: 10,071,000,000 US dollars
- **Other income (expense), net (calculated)**: 265,000,000 US dollars
- **Income from continuing operations before income taxes**: 10,336,000,000 US dollars
- **Income tax expense**: 226,000,000 US dollars
- **Net income**: 10,142,000,000 US dollars
- **Equipment and services**: 32,791,000,000 US dollars
- **Licensing**: 6,171,000,000 US dollars
- **Research and development**: 8,893,000,000 US dollars
- **Selling, general and administrative**: 2,759,000,000 US dollars
- **Other (Note 2)**: 179,000,000 US dollars
- **Discontinued operations, net of income taxes**: 32,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/qcom/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/qcom-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2023-09-25 through 2024-09-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 38,962,000,000 US dollars
- **Cost of revenues**: 17,060,000,000 US dollars
- **Gross profit (calculated)**: 21,902,000,000 US dollars
- **Operating expenses (calculated)**: 11,831,000,000 US dollars
- **Operating income**: 10,071,000,000 US dollars
- **Other income (expense), net (calculated)**: 265,000,000 US dollars
- **Income from continuing operations before income taxes**: 10,336,000,000 US dollars
- **Income tax expense**: 226,000,000 US dollars
- **Net income**: 10,142,000,000 US dollars
- **CHINA**: 17,826,000,000 US dollars
- **UNITED STATES**: 9,686,000,000 US dollars
- **KOREA, REPUBLIC OF**: 7,995,000,000 US dollars
- **Other Foreign**: 3,455,000,000 US dollars
- **Research and development**: 8,893,000,000 US dollars
- **Selling, general and administrative**: 2,759,000,000 US dollars
- **Other (Note 2)**: 179,000,000 US dollars
- **Discontinued operations, net of income taxes**: 32,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment by Product and Service

- Page: https://plicit.ai/financials/qcom/fy2024-annual-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/qcom-fy2024-annual-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2023-09-25 through 2024-09-29. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 38,962,000,000 US dollars
- **Cost of revenues**: 17,060,000,000 US dollars
- **Gross profit (calculated)**: 21,902,000,000 US dollars
- **Operating expenses (calculated)**: 11,831,000,000 US dollars
- **Operating income**: 10,071,000,000 US dollars
- **Other income (expense), net (calculated)**: 265,000,000 US dollars
- **Income from continuing operations before income taxes**: 10,336,000,000 US dollars
- **Income tax expense**: 226,000,000 US dollars
- **Net income**: 10,142,000,000 US dollars
- **QSI**: 18,000,000 US dollars
- **QTL**: 5,572,000,000 US dollars
- **Nonreportable Segments**: 176,000,000 US dollars
- **QCT - Automotive**: 2,910,000,000 US dollars
- **QCT - IoT (internet of things)**: 5,423,000,000 US dollars
- **QCT - Handsets**: 24,863,000,000 US dollars
- **Research and development**: 8,893,000,000 US dollars
- **Selling, general and administrative**: 2,759,000,000 US dollars
- **Other (Note 2)**: 179,000,000 US dollars
- **Discontinued operations, net of income taxes**: 32,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/qcom/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/qcom-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-09-25 through 2024-09-29. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 38,962,000,000 US dollars
- **Cost of revenues**: 17,060,000,000 US dollars
- **Gross profit (calculated)**: 21,902,000,000 US dollars
- **Operating expenses (calculated)**: 11,831,000,000 US dollars
- **Operating income**: 10,071,000,000 US dollars
- **Other income (expense), net (calculated)**: 265,000,000 US dollars
- **Income from continuing operations before income taxes**: 10,336,000,000 US dollars
- **Income tax expense**: 226,000,000 US dollars
- **Net income**: 10,142,000,000 US dollars
- **QCT**: 33,196,000,000 US dollars
- **QTL**: 5,572,000,000 US dollars
- **QSI**: 18,000,000 US dollars
- **Nonreportable Segments**: 176,000,000 US dollars
- **Research and development**: 8,893,000,000 US dollars
- **Selling, general and administrative**: 2,759,000,000 US dollars
- **Other (Note 2)**: 179,000,000 US dollars
- **Discontinued operations, net of income taxes**: 32,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.