What you should know
- Qualcomm reported its FY This fall monetary earnings on Wednesday, November 5.
- The corporate reported a ten% improve in income to $10.27 billion throughout the quarter, whereas general income for the 12 months grew by 13% to $44.14 billion.
- Headset gross sales drove income following the launch of the Snapdragon 8 Elite chipset, with Automotive seeing essentially the most important income beneficial properties within the division.
Qualcomm completed its monetary 12 months on a excessive notice, reporting FY This fall income of $11.3 billion, representing a ten% year-over-year improve. This was pushed largely by its QCT division, which noticed income beneficial properties throughout the board.
Headsets have been up 14% to just about $7 billion, pushed little doubt by gross sales of its Snapdragon 8 Elite chipsets for high-end Android smartphones. Moreover, Automotive and IoT rose 17% and seven%, respectively, highlighting the rising success of the corporate’s diversified technique.
“Our enterprise stays sturdy as demonstrated by report QCT revenues in fiscal 2025,” mentioned Qualcomm CEO Cristiano Amon in an announcement.
“We delivered 18% year-over-year development in whole QCT non-Apple revenues, with mixed fiscal 12 months Automotive and IoT income development of 27%. We’re enthusiastic about our enterprise momentum, the supply of our automated driving stack, and our enlargement to information facilities and superior robotics.”
Android premium tier continues to be sturdy
Regardless of rumors of a “lead Android buyer” transferring in direction of utilizing extra of its personal modem in its gadgets, Qualcomm stays assured about its place in premium Android headsets. Amon famous the sturdy partnership with Samsung, with Qualcomm’s share of chips throughout its Galaxy S25 reaching 100% as Samsung reserved its Exynos chips for the Galaxy Z Flip 7 and inexpensive Galaxy S25 FE.
Amon additionally anticipates a baseline of 75% share for the Galaxy S26 sequence, which is predicted to launch in early 2026 and doubtlessly use an upcoming Exynos chip throughout a few of its gadgets in sure areas.
It is also anticipated that Qualcomm might finally lose Apple as a buyer as the corporate leverages its personal in-house modem throughout its gadgets, such because the recently-launched iPhone Air. Nonetheless, the corporate appears assured in its place on Android and different gadgets.
The rising kind issue
IoT development has been pushed by the elevated adoption of sensible glasses, notably following the current launch of Meta’s new lineup.
“This rising class is rising at a exceptional tempo, and has reached an inflection level, fueled by very sturdy demand for sensible glasses from Meta,” Amon acknowledged. “This quarter alone, Meta launched a number of new Snapdragon-powered types, together with the Ray Ban Meta second-generation glasses, the Oakley Meta Vanguard efficiency glasses, and the Meta Ray-Ban Show and Neuro Band.”
And whereas Meta leads the market on sensible glasses and XR, Qualcomm additionally highlighted Samsung’s not too long ago introduced Galaxy XR as an vital launch for Google’s Android XR OS, with Snapdragon because the platform of alternative.
What’s subsequent?
Qualcomm is anticipating a robust fiscal Q1, due to the launch of gadgets powered by its new Snapdragon 8 Elite Gen 5. This chip guarantees quicker efficiency throughout the CPU, GPU, and NPU, enabling new use instances as Qualcomm and Google try for a extra interconnected and seamless ecosystem of AI-powered gadgets.
The primary gadgets using this chip have already been introduced, together with the Xiaomi 17, OnePlus 15, and RedMagic 11 Professional. Extra gadgets powered by the chip are anticipated to be launched into the brand new 12 months.
We additionally anticipate to see extra Snapdragon-powered vehicles and sensible glasses, such because the extremely anticipated Android XR glasses from firms like Samsung. These will supply Gemini AI capabilities and compete with gadgets just like the Ray-Ban Meta (Gen 2) at a less expensive value level than the Galaxy XR headset, which ought to drive adoption of the shape issue.
