Flagship explainer

How QUALCOMM INC/DE makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$44.3B · 100%Cost of revenue$19.7B · 45%Gross profit$24.5B · 55%Operating income$12.4B · 28%Income before tax$12.7B · 29%Income tax$7.1B · 16%Net income$5.5B · 13%As of 2025-09-28 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$44.3B100%
Cost of revenue$19.7B45%
$24.5B55%
$12.4B28%
Income before tax$12.7B29%
Income tax$7.1B16%
$5.5B13%
Source: · event Sep 28, 2025 · retrieved Sep 19, 2026 · annual-row source set
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