Qualcomm Q2 FY2025 Earnings

Headline Financials
- GAAP revenue: $11.0 billion, up 17 percent
- Non-GAAP revenue: $10.8 billion, up 15 percent
- GAAP EPS: $2.52, up 22 percent
- Non-GAAP EPS: $2.85, up 17 percent
- GAAP net income: $2.8 billion, up 21 percent
- Non-GAAP net income: $3.2 billion, up 15 percent

Segment Performance
QCT (Qualcomm CDMA Technologies)
- Revenue: $9.5 billion, up 18 percent
- Handsets: $6.9 billion, up 12 percent
- Automotive: $959 million, up 59 percent
- IoT: $1.58 billion, up 27 percent
- EBT: $2.86 billion, up 25 percent
- EBT margin: 30 percent

QTL (Qualcomm Technology Licensing)
- Revenue: $1.32 billion, flat year-over-year
- EBT: $929 million
- EBT margin: 70 percent

Capital Return
- $2.7 billion returned to shareholders
- $938 million in dividends
- $1.7 billion in share repurchases (11 million shares)

Outlook for Q3 FY2025
- Revenue guidance: $9.9 to $10.7 billion
- QCT: $8.7 to $9.3 billion
- QTL: $1.15 to $1.35 billion
- GAAP EPS: $2.14 to $2.34
- Non-GAAP EPS: $2.60 to $2.80

Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.89 per common share, payable on June 26, 2025, to stockholders of record at the close of business on June 5, 2025.

Qualcomm Incorporated (NASDAQ: QCOM) today announced that it will publish the Company’s financial results for its second quarter of fiscal 2025 on Wednesday, April 30, 2025, after the close of the market on the Company’s Investor Relations website, at https://investor.qualcomm.com/financial-information.

Qualcomm Acquires VinAI’s Generative AI Division to Advance Global AI Innovation

Qualcomm has announced the acquisition of MovianAI, the generative AI division of Vietnam-based VinAI, as part of its strategy to expand its artificial intelligence capabilities. The move brings advanced generative AI expertise and a high-caliber team led by Dr. Hung Bui, who will join Qualcomm following the acquisition.

This acquisition strengthens Qualcomm’s research and development efforts in AI, accelerating innovations across devices and platforms such as smartphones, PCs, and software-defined vehicles. VinAI is known for its work in generative AI, machine learning, natural language processing, and computer vision.

Qualcomm emphasized that this deal reflects its ongoing commitment to investing in AI R&D and building on its strong ties with Vietnam’s technology sector. With more than two decades of collaboration with Vietnamese tech companies, Qualcomm continues to support the country’s digital development and global tech presence.

The addition of VinAI’s generative AI team is expected to enhance Qualcomm’s capacity to deliver cutting-edge AI solutions that can scale across industries, enabling smarter, more efficient technologies for both businesses and consumers worldwide.

Qualcomm Acquires VinAI Division to Boost Generative AI Capabilitie

Qualcomm announced its acquisition of MovianAI, the generative AI division of VinAI, part of Vietnam's Vingroup ecosystem. This move aims to strengthen Qualcomm’s research and development in generative AI, accelerating innovations in smartphones, PCs, software-defined vehicles, and other connected devices.

The team, led by VinAI’s founder and CEO Dr. Hung Bui, who previously worked at Google DeepMind, will join Qualcomm to integrate their expertise in AI, machine learning, and natural language processing. The acquisition deepens Qualcomm’s long-standing collaboration with Vietnam’s tech industry and reinforces its commitment to advancing AI capabilities globally.

Qualcomm’s goal is to scale fundamental AI breakthroughs across industries using its Snapdragon and Dragonwing platforms. The acquisition is positioned as a strategic step in Qualcomm’s ongoing efforts to power intelligent computing everywhere and support digital transformation through advanced AI solutions.

**Qualcomm CEO Cristiano Amon to Deliver Keynote at COMPUTEX 2025**

Cristiano Amon, President and CEO of Qualcomm, will headline COMPUTEX 2025 with a keynote on May 19, focusing on how AI is transforming device experiences and ecosystems. Amon is known for driving Qualcomm’s advancements in edge AI and 5G across sectors including automotive, AR/VR, and computing.

COMPUTEX 2025, themed “AI Next,” runs May 20–23 in Taipei and will feature 1,400 exhibitors across 4,800 booths, showcasing innovations in AI & Robotics, Next-Gen Tech, and Future Mobility. Registration for the keynote opens in April.

QUALCOMM Stockholders Approve Board Nominees and Compensation Plan at 2025 Annual Meeting

San Diego, CA – March 20, 2025 – QUALCOMM Incorporated (Nasdaq: QCOM) held its 2025 Annual Meeting of Stockholders on March 18. All 11 director nominees were elected, PricewaterhouseCoopers LLP was ratified as the independent public accountant, and shareholders approved the executive compensation and the amended 2023 Long-Term Incentive Plan. However, a stockholder proposal to "Protect Retirement Benefits" was rejected.

T-Mobile has announced a record-breaking achievement in 5G speeds, reaching 6.3 Gbps using 6-Carrier Aggregation in collaboration with Nokia and Qualcomm. The test was conducted on T-Mobile’s 5G Standalone (5G SA) production network, utilizing both commercial and test devices, including a Samsung Galaxy S25 and a mobile test device with Qualcomm's newly announced X85 5G Modem-RF.

The first test, conducted with a Samsung Galaxy S25 and Qualcomm’s Snapdragon X80 5G Modem-RF System, achieved 4.3 Gbps in real-world conditions. In the second test, using Qualcomm's X85 modem on a non-commercial test device, speeds reached 6.3 Gbps, demonstrating the next evolution of 5G Advanced.

This achievement combines low-band and mid-band spectrum across T-Mobile’s owned frequencies (2.5GHz, PCS, AWS, and 600MHz), providing a foundation for future 5G advancements. The milestone highlights T-Mobile’s leadership in network innovation and its commitment to delivering faster, more reliable connectivity for customers.

T-Mobile, Nokia, and Qualcomm emphasize that this breakthrough will not only enhance current network performance but also lay the groundwork for the next generation of 5G applications.

Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.85 to $0.89 per share of common stock. This dividend increase will be effective for quarterly dividends payable after March 27, 2025, and will raise the annualized dividend payout to $3.56 per share of common stock.

Cristiano Amon, President and CEO of Qualcomm Incorporated, said, “We are pleased to announce an increase in our quarterly dividend. Given our long-term growth expectations we provided at our 2024 Investor Day, we remain committed to returning capital to stockholders through a balanced capital return policy, including a baseline of anti-dilutive stock repurchases, and an annualized dividend target of low- to mid-single-digit percentage growth.”

Qualcomm Technologies, Inc. has announced its 2025 lineup of Snapdragon G Series Gaming Platforms, designed to power handheld gaming devices with enhanced performance and immersive experiences. The new portfolio includes Snapdragon G3 Gen 3, Snapdragon G2 Gen 2, and Snapdragon G1 Gen 2, each tailored for different gaming needs.

Snapdragon G3 Gen 3 is the first in the series to support Unreal Engine 5's Lumen for Android handheld gaming devices. It features a 30% faster CPU and 28% improved graphics performance compared to the previous generation, with enhanced power efficiency and support for Wi-Fi 7 to reduce latency.

Snapdragon G2 Gen 2 is designed for gaming and cloud gaming at 144FPS, offering a 2.3x increase in CPU performance and 3.8x faster GPU capabilities over its predecessor. It also includes Wi-Fi 7 for improved connectivity.

Snapdragon G1 Gen 2 is aimed at a broader gaming audience, supporting up to 1080p at 120 FPS over Wi-Fi. It delivers 80% faster CPU and 25% faster GPU performance, making cloud gaming on Android handheld devices more seamless.

According to Micah Knapp, Senior Director of Product Management at Qualcomm Technologies, these next-generation processors will define the future of handheld gaming by supporting a variety of play styles and form factors.

Starting this quarter, OEMs such as AYANEO, ONEXSUGAR, and Retroid Pocket will begin releasing devices powered by the latest Snapdragon G Series platforms.

Qualcomm and Palantir are collaborating to integrate Palantir’s AI and Ontology capabilities with Qualcomm’s edge computing platforms. This partnership aims to enhance real-time data processing for industries such as manufacturing, automotive, and industrial IoT, even in remote or offline environments.

By combining Qualcomm’s AI-powered edge processors with Palantir’s AI software, the collaboration will enable scalable AI solutions that improve decision-making, efficiency, and security. The partnership also leverages Qualcomm’s Dragonwing processors and Palantir’s Apollo platform to streamline AI deployment across edge and cloud infrastructures.

For more details, visit Qualcomm or Palantir’s websites.

Qualcomm has announced its acquisition of Edge Impulse Inc., a move aimed at enhancing its AI and IoT capabilities. The acquisition, unveiled at Embedded World Germany, will empower more than 170,000 developers by enabling them to create, deploy, and monitor AI models for various edge applications and hardware.

This acquisition aligns with Qualcomm’s broader strategy for IoT transformation, which includes a comprehensive chipset roadmap, a unified software architecture, a suite of services, and strong developer resources. By integrating Edge Impulse’s AI platform, Qualcomm aims to strengthen its position in key sectors such as retail, security, energy, supply chain management, and asset tracking.

Edge Impulse’s AI platform supports multiple microcontrollers and processors, facilitating AI-powered applications in predictive maintenance, anomaly detection, and more. Qualcomm plans to integrate this technology with its Dragonwing processors, optimizing AI model performance and efficiency.

The deal is expected to bolster Qualcomm’s leadership in edge AI and developer enablement while maintaining Edge Impulse’s existing platform and brand.

Qualcomm reported record revenues of $11.7 billion for Q1 fiscal 2025, a 17% increase from the previous year. GAAP EPS was $2.83, while non-GAAP EPS reached a record $3.41. QCT revenues surpassed $10 billion, with record results in handsets and automotive. QCT handsets grew 13%, automotive rose 61%, and IoT increased 36%. Qualcomm returned $2.7 billion to stockholders through dividends and share repurchases. CEO Cristiano Amon highlighted strong technology and demand, reaffirming the company’s goal of reaching $22 billion in non-handset revenues by fiscal 2029.

Qualcomm Incorporated (NASDAQ: QCOM) today announced that it will publish the Company’s financial results for its first quarter fiscal 2025 on Wednesday, February 5, 2025, after the close of the market

Qualcomm Incorporated announced a quarterly cash dividend of $0.85 per common share, payable on March 27, 2025, to stockholders of record as of March 6, 2025. The company, known for its nearly 40-year leadership in technology innovation, continues to drive transformation across industries through its Snapdragon-branded platforms and advanced AI, low-power computing, and connectivity solutions. Qualcomm's business includes its licensing division, QTL, and its product-focused subsidiary, Qualcomm Technologies, Inc., which manages engineering, R&D, and the QCT semiconductor business.

Qualcomm hires Intel's Xeon architect to lead development of server CPUs