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

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

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.