AlphAIAlphAI — Financial news for AI agents
finance.biggo.com$QCOM

QCOM Q4 FY2026 earnings call

Qualcomm reported Q4 FY2026 non-GAAP revenue of $10.4B and EPS of $2.17, with QCT revenue up 6% sequentially. Full-year revenue was $43.2B, driven by 24% YoY growth in automotive and IoT. The company resolved several uncertainties, including QTL license renewals. Management guided Q1 FY2027 revenue of $10.4B-$11.2B and expects data center revenue to reach $5B in FY2027.

Original reporting
finance.biggo.com
Published Nov 4, 2026, 11:44 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 5, 2026, 1:58 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
QCOM Q4 FY2026 earnings call — source image
Source · finance.biggo.com
Decision brief

The 30-second read

$QCOMNeutralHigh
01

Why it matters

The earnings release introduces fresh guidance and segment performance, shaping short‑term price action and sector sentiment.

02

Market read

First‑time earnings and guidance release for a large‑cap chipmaker, directly influencing QCOM and related semiconductor stocks.

03

What to watch

Potential upside from SpaceX Starlink 5G agreement and new automotive revenue run‑rate may be under‑appreciated.

Relevance 9/10Novelty 9/10Timing: post‑earnings today

Background

Qualcomm's Q4 FY2026 earnings call provides the latest financial results and forward outlook for its key segments.

Company-level read

Ticker impact

$QCOMNeutralHigh confidence
Context

QCOM reported Q4 FY2026 non‑GAAP revenue of $10.4 B, EPS $2.17 and provided FY2027 guidance, a first‑time earnings disclosure.

Expected impact

likely slight downside as market prices in slower handset outlook and Apple loss, while data‑center upside may limit decline

Evidence & confidence

Revenue met high end of guidance, but guidance for FY2027 is modest and Apple loss is a negative catalyst; data‑center growth offers partial offset.

Market effects

Sector

Signals continued shift in Qualcomm from handset to data‑center, automotive and IoT, affecting broader semiconductor sector.

Regional

U.S. semiconductor stocks may see modest pressure; Asian handset suppliers could feel downstream effects.

Global

Highlights macro trend of declining handset market and rising data‑center demand worldwide.

Counterpoint

What could challenge this read

Data‑center ramp could accelerate faster than guidance, supporting upside if hyperscalers increase spend.

Key entities

  • company
    Qualcomm

    U.S. semiconductor and telecommunications equipment maker.

  • company
    Apple

    Former modem customer whose loss is noted.

  • company
    SpaceX

    Partner for Starlink Mobile 5G network.

Read at source← All news

StoryQualcomm posts Q4 earnings beat but shares slide on muted guidance and handset weakness

Also covered by

3 outlets

Related articles

$MUHighAI 8/10

Why Micron, Sandisk, and SK hynix Stocks Extend Losses Overnight After Wednesday’s Plunge — and What Wall Street Sees Next

Micron (MU), Sandisk (SNDK), and SK hynix (SKHY) extended losses in overnight trading, each falling around 2.5%, following a decline on Wednesday. Qualcomm's disappointing smartphone sales figures raised concerns about weakening consumer electronics demand, affecting memory chip stocks. Micron reported record earnings but faces uncertainty due to potential slower consumer electronics purchases. Sandisk and SK hynix also reported strong results but face NAND pricing and demand concerns.

tipranks.com
$QCOMHighAI 8/10

Qualcomm wins SpaceX 5G deal, but earnings slide dominates

Qualcomm (QCOM) won a deal with SpaceX to supply 5G network infrastructure for Starlink Mobile, targeting Verizon and AT&T. Despite the deal, shares fell 4.36% to $161.55 due to weak profit guidance from memory-chip shortages. Q4 2026 revenue was $9.947B, net income $2.002B, and EPS $1.87. The rollout begins in 2027, with tens of thousands of sites planned.

financial-news.co.uk
$QCOMHighAI 8/10

Qualcomm's stock falls on revenue miss and weak guidance; Arm and GlobalFoundries do little better

Qualcomm's stock fell over 6% after reporting mixed Q4 results, missing revenue expectations and providing weak guidance. Arm and GlobalFoundries also reported earnings, with Arm's stock down 2% and GlobalFoundries' flat. Qualcomm's revenue grew 8% YoY to $10.44B, missing estimates, while Arm's revenue rose 27% to $1.44B, beating estimates. GlobalFoundries reported 12% YoY revenue growth to $1.9B, exceeding expectations.

siliconangle.com
$QCOMHighAI 9/10

QUALCOMM ($QCOM) Releases Q4 2026 Earnings

QUALCOMM ($QCOM) reported Q4 2026 earnings of $2.17 per share, missing estimates by $0.03, but revenue of $10.44B beat expectations by $123.73M. Stock price dropped 8.79% after market close. Insiders and hedge funds have shown mixed activity.

quiverquant.com