Qualcomm posts Q4 earnings beat but handset revenue plunges 26% and guidance disappoints
Qualcomm reported fiscal fourth‑quarter GAAP revenue of $10.32 billion and adjusted earnings of $2.17 per share, beating Wall Street estimates. Handset chip revenue fell 26% year over year to $5.14 billion, while automotive revenue rose 89% to $1.99 billion. The company’s Q1 2027 revenue outlook of $10.4‑$11.2 billion and EPS guidance of $2.15‑$2.35 fell short of analyst expectations, prompting a post‑earnings share decline.
Why it matters
The weaker‑than‑expected EPS guidance caused the stock to drop about 6% in after‑hours trading (source 15). Investors must weigh the offsetting growth in automotive and data‑center segments against the steep handset decline and the guidance shortfall (source 12).
Key facts
- 1Fiscal Q4 GAAP revenue was $10.32 billion. financefeeds.com
- 2Adjusted EPS for Q4 was $2.17 per share. financefeeds.com
- 3Handset chip revenue fell 26% YoY to $5.14 billion. financefeeds.com
- 4Automotive revenue reached $1.99 billion, up 89% YoY. financefeeds.com
- 5Q1 2027 revenue guidance is $10.4 billion‑$11.2 billion. financefeeds.com
- 6Q1 2027 adjusted EPS guidance is $2.15‑$2.35 per share. financefeeds.com
Summary written by AlphAI AI Desk from 18 of 18 sources. Not investment advice. Figures are as stated by the linked sources.