QUALCOMM INC/DE (QCOM) FY2024 Q1 P&L / Income Statement

QUALCOMM INC/DE (QCOM) FY2024 Q1 P&L / Income Statement

Income statement for 2023-09-25 through 2023-12-24. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

9,935,000,000 US dollars

Cost of revenues

4,312,000,000 US dollars

Gross profit (calculated)

5,623,000,000 US dollars

Operating expenses (calculated)

2,695,000,000 US dollars

Operating income

2,928,000,000 US dollars

Other income (expense), net (calculated)

34,000,000 US dollars

Income from continuing operations before income taxes

2,962,000,000 US dollars

Income tax expense

151,000,000 US dollars

Net income

2,767,000,000 US dollars

Equipment and services

8,316,000,000 US dollars

Licensing

1,619,000,000 US dollars

Research and development

2,096,000,000 US dollars

Other

negative 28,000,000 US dollars

Selling, general and administrative

627,000,000 US dollars

Discontinued operations, net of income taxes

negative 44,000,000 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.