Qualcomm Q1 fiscal 2023 revenue falls 12% YoY to $9.5B; GAAP EPS $1.98

QUALCOMM INC/DE

2023-Q1 EPS reported $1.98 revenue$9,463,000,000

GAAP EPS $1.98, Non-GAAP EPS $2.37; Non-GAAP EPS above midpoint of guidance range.
QCT Automotive revenue grew 58% year-over-year; QCT IoT revenue up 7%.
Net income $2.2B (GAAP) vs. $3.4B prior year, down 34%.
CEO cites challenging environment but confidence in diversification strategy.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

QUALCOMM INC/DE reported first quarter of fiscal 2023 results: revenue $9,463, net income $2,235, EPS $1.98.

Period: first quarter of fiscal 2023
Revenue: $9,463
Net income: $2,235
EPS: $1.98
Result: reported results

Exact text from the filing

First Quarter Results 1 GAAP Non-GAAP (in millions, except per share data and percentages) Q1 Fiscal 2023 Q1 Fiscal 2022 Change Q1 Fiscal 2023 Q1 Fiscal 2022 Change Revenues $9,463 $10,705 (12%) $9,456 $10,697 (12%) Earnings before taxes (EBT) $2,371 $3,865 (39%) $3,166 $4,306 (26%) Net income $2,235 $3,399 (34%) $2,684 $3,686 (27%) Diluted earnings per

View on SEC.gov

Browse all earnings releases →

QUALCOMM INC/DE filing history →

Source: SEC EDGAR

accession 0000804328-23-000005

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.