---
schema_version: "secwatch.filing_event.v1"
accession: "0000804328-23-000005"
form_type: "8-K"
ticker: "QCOM"
cik: "0000804328"
company_name: "QUALCOMM INC/DE"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T03:02:13.220013+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000804328-23-000005
- form_type: 8-K
- ticker: QCOM
- cik: 0000804328
- company_name: QUALCOMM INC/DE
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/804328/000080432823000005/0000804328-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/804328/000080432823000005/qcom-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000804328-23-000005
- JSON: https://secwatch.observer/filing/0000804328-23-000005.json
- Plain text: https://secwatch.observer/filing/0000804328-23-000005.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/804328/000080432823000005/0000804328-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.