Qualcomm Inc. (QCOM) delivered mixed results in Q3 FY2026 on revenue of $9.9B versus the $9.7B estimate (-4.0% YoY) and EPS of $2.21. The next Qualcomm Inc. (QCOM) earnings date is Nov 4, 2026. Below is the full Qualcomm Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
Qualcomm Inc. (QCOM) Earnings Analysis — key stats
Next earnings date
Nov 4, 2026
Latest reported quarter
Q3 FY2026
Earnings verdict
Mixed
EPS beat rate
6 of last 8 (quarters above estimate)
Avg next-day move
±7.2% (over the last 8 reports)
Post-earnings direction
Up 3 / Down 5 (of the last 8 reports)
Implied move (next report)
±24.2% (options-derived · into Nov 4, 2026)
Institutional ownership
66.5% (13F as of 2026-06-30)
Top 10 holders
37.1% (of shares outstanding)
Insider activity
0 buys / 12 sells (recent Form 4 filings)
Revenue
$9.9B (vs $9.7B est · +2.6% surprise · -4.0% YoY)
EPS
$2.21 (vs $2.23 est · -0.9% surprise · -22.5% YoY)
Share price
$165.79 (+0.6%)
Market cap
$174.1B
Qualcomm Inc. (QCOM) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q4 FY2026
$9.9B vs $9.7B est
$2.21 vs $2.23 est
-0.9%
-6.9%
Mixed
Q3 FY2026
$10.6B vs $10.6B est
$2.65 vs $2.56 est
+3.5%
+19.7%
Mixed
Q2 FY2026
$12.3B vs $12.1B est
$3.50 vs $3.39 est
+3.2%
-7.4%
Mixed
Q1 FY2026
$11.3B vs $10.8B est
$3.00 vs $2.87 est
+4.5%
+0.2%
Beat
Q4 FY2025
$10.4B vs $10.3B est
$2.77 vs $2.71 est
+2.2%
-9.5%
Mixed
Q3 FY2025
$11.0B vs $10.6B est
$2.85 vs $2.82 est
+1.1%
-7.9%
Mixed
Q2 FY2025
$11.7B vs $10.9B est
$3.41 vs $2.96 est
+15.2%
-2.1%
Beat
Q1 FY2025
$10.2B vs $9.9B est
$2.69 vs $2.56 est
+5.1%
+4.2%
Beat
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
8.9%
95.2M
$17.6B
-10.2%
Vanguard Capital Management LLC
6.5%
68.8M
$12.7B
-0.7%
State Street Corp
4.9%
52.8M
$9.8B
+1.3%
Invesco Ltd.
3.4%
36.1M
$6.7B
+61.2%
Undisclosed filer
3.2%
33.8M
$6.3B
-1.0%
Geode Capital Management, LLC
2.8%
29.6M
$5.5B
-0.3%
Sixth Street Partners Management Company, L.P.
2.1%
22.3M
$4.1B
+100.0%
Charles Schwab Investment Management INC
2.1%
22.3M
$4.1B
-27.7%
Van Eck Associates Corp
1.6%
17.2M
$3.2B
+22.7%
Morgan Stanley
1.6%
17.1M
$3.2B
-14.5%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Palkhiwala Akash J.
officer: EVP, CFO & COO
2026-08-12
Sell
260
$42061
Palkhiwala Akash J.
officer: EVP, CFO & COO
2026-08-12
Sell
748
$121593
Palkhiwala Akash J.
officer: EVP, CFO & COO
2026-08-12
Sell
1K
$176521
Palkhiwala Akash J.
officer: EVP, CFO & COO
2026-08-12
Sell
248
$40852
Palkhiwala Akash J.
officer: EVP, CFO & COO
2026-08-12
Sell
164
$27115
ACE HEATHER S
officer: EVP, Chief HR Officer
2026-08-03
Sell
3K
$470528
Palkhiwala Akash J.
officer: EVP, CFO & COO
2026-07-14
Sell
581
$103574
Palkhiwala Akash J.
officer: EVP, CFO & COO
2026-07-14
Sell
535
$95834
What you'll find
Next Qualcomm Inc. (QCOM) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Qualcomm Inc. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Qualcomm Inc. (QCOM)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Qualcomm Inc.'s next earnings date?
Qualcomm Inc.'s (QCOM) next scheduled earnings date is Nov 4, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Qualcomm Inc. (QCOM) beat or miss earnings?
In Q3 FY2026, Qualcomm Inc. (QCOM) posted mixed results — revenue of $9.9B versus the $9.7B estimate (+2.6% surprise) and EPS of $2.21 versus $2.23 expected (-0.9% surprise). Magnisto decodes every Qualcomm Inc. (QCOM) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Qualcomm Inc. beat earnings estimates?
Over its last 8 reported quarters, Qualcomm Inc. (QCOM) beat Wall Street EPS estimates 6 times, most recently a mixed result in Q4 FY2026. Magnisto tracks every Qualcomm Inc. (QCOM) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Qualcomm Inc. stock move after earnings?
Over its last 8 quarterly reports, Qualcomm Inc. (QCOM) moved an average of ±7.2% the day after earnings — ranging from -9.5% (Q4 FY2025) to +19.7% (Q3 FY2026). The stock rose after 3 of those 8 reports and fell after 5. Heading into its next report on Nov 4, 2026, options-implied volatility is pricing in a move of roughly ±24.2% (derived). Magnisto tracks the realized post-earnings move for every Qualcomm Inc. (QCOM) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Qualcomm Inc.?
Institutions hold about 66.5% of Qualcomm Inc.'s (QCOM) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (8.9%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.9%). Magnisto lists Qualcomm Inc.'s (QCOM) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Qualcomm Inc. (QCOM)?
In the most recent Form 4 filings Magnisto tracks, Qualcomm Inc. (QCOM) insiders recorded 0 purchases and 12 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Qualcomm Inc. (QCOM) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Qualcomm Inc. (QCOM), anchored to the current $165.79 share price, so you can weigh the bull, base and bear cases for Qualcomm Inc. side by side.
Is Qualcomm Inc. (QCOM) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Qualcomm Inc. fits your own thesis and risk profile. This is research, not investment advice.