Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $33,566 | $44,200 | $35,820 | $38,962 | $44,284 |
| Gross Profit | $19,304 | $25,565 | $19,951 | $21,902 | $24,546 |
| Operating Income | $9,789 | $15,860 | $7,788 | $10,071 | $12,355 |
| Net Income | $9,043 | $12,936 | $7,232 | $10,142 | $5,541 |
Over the five-year period, Qualcomm’s revenue and profitability have experienced notable fluctuations, reflecting both robust growth phases and challenging reversals. Between 2021 and 2022, the company’s revenue increased by approximately 31%, rising from USD 33,566 million to USD 44,200 million. This strong uptick was mirrored in gross profit and operating income, with gross margin expanding from USD 19,304 million to USD 25,565 million, and operating income climbing from USD 9,789 million to USD 15,860 million. However, in 2023, the company encountered a revenue decline to USD 35,820 million, suggesting potential market headwinds or pricing pressures. Gross profit and operating income also dipped during this period, indicating that the downturn affected overall business efficiency and input costs. In 2024, Qualcomm showed signs of recovery with revenue increasing to USD 38,962 million, and both gross profit and operating income recording modest gains compared to 2023, reaching USD 21,902 million and USD 10,071 million respectively. Interestingly, 2025 saw revenue rebound to USD 44,284 million and an improvement in gross profit and operating income to USD 24,546 million and USD 12,355 million, respectively. However, a significant year-over-year swing is observed in net income; after peaking at USD 10,142 million in 2024, net income sharply fell to USD 5,541 million in 2025—more than a 45% decline. This pronounced drop could be attributed to increased non-operational expenses, tax impacts, or extraordinary items, though the specific drivers are not detailed in the provided data. Overall, Qualcomm’s financial health appears robust in terms of revenue generation and operating efficiency, yet the drastic net income contraction in 2025 warrants further scrutiny to assess sustainability and address underlying cost or expense challenges.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.