How did Qualcomm's revenue and expenses trend in Q1 2025?
3/30/2025 02:20pm
Qualcomm's revenue and expenses in Q1 2025 are not currently available. However, we can infer trends from the available data.
1. **Revenue Trend**:
- Qualcomm reported record revenues for Q1 2025, with total revenues amounting to $11.7 billion.
- This represents a significant increase from the previous year, indicating a strong performance across its business segments.
2. **Expense Trend**:
- The company's net income for the quarter was $3.18 billion on a GAAP basis, which is a substantial figure considering the scale of operations.
- Quarterly non-GAAP net income came in at $3.83 billion, further emphasizing the robust profitability of the company.
3. **Segmental Performance**:
- The Qualcomm CDMA Technologies (QCT) segment achieved record revenues of $10.1 billion, marking the first $10 billion quarter for QCT.
- The Qualcomm Technology Licensing (QTL) segment contributed $1.5 billion to the overall revenue.
- Notable growth was seen in the automotive and Internet of Things (IoT) sectors, reflecting Qualcomm's strategic diversification efforts.
4. **Comparative Analysis**:
- Qualcomm's revenues surpassed the consensus mark, with the company reporting higher revenues than expected.
- The company's earnings per share (EPS) also exceeded forecasts, with a non-GAAP EPS of $3.41 compared to the forecasted $2.97.
5. **Stock Performance and Investor Returns**:
- Despite the strong financial results, Qualcomm's stock experienced a decline of 7.8% in the month following the earnings report.
- The company returned value to shareholders, with stock repurchases and dividends amounting to $2.7 billion.
In conclusion, Qualcomm witnessed a substantial increase in revenues with robust performance across various segments, indicating a strong financial performance in Q1 2025.