QUALCOMM Incorporated (QCOM) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 23.11B | 24.61B | 25.75B | 24.91B | 26.08B | 26.07B | 25.23B | 23.33B | 24.23B | 23.44B | 22.46B | 20.48B | 19.07B | 21.1B | 20.72B | 19B | 21.61B | 20.22B | 20.07B | 19.69B |
| Cash & Short-Term Investments | 9.8B | 11.82B | 12.48B | 10.01B | 13.85B | 14.3B | 13.3B | 13.03B | 13.85B | 12.05B | 11.32B | 8.63B | 6.68B | 8.24B | 6.38B | 6.85B | 11.55B | 11.31B | 12.41B | 12.91B |
| Cash Only | 5.43B | 7.21B | 7.84B | 5.45B | 7.2B | 8.71B | 7.85B | 7.77B | 9.22B | 8.13B | 8.45B | 6.09B | 3.49B | 4.81B | 2.77B | 2.68B | 7.17B | 6.61B | 7.12B | 7.4B |
| Short-Term Investments | 4.36B | 4.62B | 4.63B | 4.56B | 6.64B | 5.59B | 5.45B | 5.26B | 4.63B | 3.92B | 2.87B | 2.54B | 3.19B | 3.43B | 3.61B | 4.17B | 4.37B | 4.7B | 5.3B | 5.51B |
| Accounts Receivable | 4.35B | 4.15B | 4.32B | 3.41B | 3.7B | 3.55B | 3.93B | 2.95B | 3.05B | 3.51B | 3.18B | 3.85B | 3.69B | 3.96B | 5.64B | 3.8B | 4.08B | 4.03B | 3.58B | 2.95B |
| Days Sales Outstanding | 36.49 | 31.45 | 31.19 | 31.21 | 30.04 | 28.84 | 33.23 | 29.07 | 31.82 | 28.64 | 39.52 | 40.6 | 37.53 | 43.64 | 39.79 | 32.82 | 33.08 | 30.93 | 33.23 | 35.55 |
| Inventory | 7.37B | 6.67B | 8.03B | 6.34B | 6.2B | 6.3B | 6.42B | 6.02B | 6.09B | 6.25B | 6.83B | 6.63B | 6.86B | 6.93B | 6.34B | 5.42B | 4.55B | 3.86B | 3.23B | 3.13B |
| Days Inventory Outstanding | 130.31 | 120.05 | 129.83 | 123.82 | 115.19 | 110.96 | 137.88 | 131.98 | 136.68 | 128.85 | 168.18 | 161.82 | 151.08 | 141.13 | 115.95 | 94.22 | 82.39 | 71.66 | 76.75 | 77.54 |
| Other Current Assets | 1.6B | 1.97B | 935M | 5.15B | 2.34B | 1.91B | 1.58B | 1.33B | 1.24B | 1.63B | 1.13B | 1.37B | 1.85B | 1.97B | 2.36B | 2.93B | 1.43B | 1.02B | 854M | 701M |
| Total Non-Current Assets | 34.02B | 28.43B | 24.39B | 29.95B | 29.29B | 29.51B | 29.92B | 29.41B | 28.93B | 28.7B | 28.58B | 28.53B | 29.29B | 28.92B | 28.29B | 28.02B | 22.69B | 22.6B | 21.16B | 19.08B |
| Property, Plant & Equipment | 5.07B | 4.89B | 4.69B | 4.5B | 4.41B | 4.46B | 4.67B | 4.74B | 4.72B | 4.91B | 5.04B | 5.22B | 5.28B | 5.21B | 5.17B | 5.04B | 4.89B | 4.72B | 4.56B | 4.42B |
| Fixed Asset Turnover | 2.13x | 2.56x | 2.45x | 2.33x | 2.48x | 2.56x | 2.18x | 1.98x | 1.95x | 2.00x | 1.68x | 1.61x | 1.77x | 1.82x | 2.23x | 2.20x | 2.32x | 2.31x | 2.08x | 1.87x |
| Goodwill | 14.25B | 14.18B | 11.36B | 11.37B | 10.95B | 10.91B | 10.8B | 10.77B | 10.76B | 10.72B | 10.64B | 10.59B | 10.58B | 10.57B | 10.51B | 10.72B | 7.26B | 7.26B | 7.25B | 7.23B |
| Intangible Assets | 1.57B | 1.63B | 1.15B | 1.2B | 1.18B | 1.23B | 1.24B | 1.3B | 1.33B | 1.39B | 1.41B | 1.62B | 1.73B | 1.8B | 1.88B | 1.95B | 1.26B | 1.37B | 1.46B | 1.54B |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 7.16B | 7.72B | 6.45B | 6.77B | 7B | 7.51B | 8.05B | 8.18B | 8.14B | 8.1B | 8.17B | 8.33B | 9.22B | 9.25B | 8.93B | 8.53B | 7.74B | 7.78B | 6.31B | 4.43B |
| Total Assets | 57.14B | 53.03B | 50.14B | 54.86B | 55.37B | 55.58B | 55.15B | 52.74B | 53.17B | 52.13B | 51.04B | 49B | 48.36B | 50.01B | 49.01B | 47.02B | 44.3B | 42.82B | 41.24B | 38.77B |
| Asset Turnover | 0.19x | 0.24x | 0.21x | 0.19x | 0.20x | 0.21x | 0.19x | 0.18x | 0.18x | 0.19x | 0.17x | 0.17x | 0.19x | 0.19x | 0.24x | 0.24x | 0.26x | 0.25x | 0.23x | 0.21x |
| Asset Growth % | 3.19% | -4.57% | -9.09% | 4.02% | 4.15% | 6.6% | 8.06% | 7.63% | 9.94% | 4.24% | 4.13% | 4.22% | 9.16% | 16.8% | 18.85% | 21.28% | 19.19% | 14.25% | 15.86% | 19.92% |
| Total Current Liabilities | 9.77B | 9.82B | 9.14B | 7.8B | 9.54B | 9.95B | 10.5B | 9.75B | 9.14B | 9.17B | 9.63B | 8.46B | 7.87B | 10.08B | 11.87B | 11.83B | 13.43B | 12.27B | 11.95B | 11.46B |
| Accounts Payable | 2.97B | 2.71B | 2.79B | 2.34B | 2.48B | 2.58B | 2.58B | 2.59B | 2.31B | 2.15B | 1.91B | 1.74B | 1.43B | 2.56B | 3.8B | 3.75B | 3.72B | 3.53B | 2.75B | 2.71B |
| Days Payables Outstanding | 52.76 | 44.94 | 46.35 | 47.57 | 46.63 | 45.03 | 57.29 | 53.41 | 49.43 | 40.01 | 45.7 | 38.08 | 43.74 | 67.6 | 74.43 | 70.63 | 70.97 | 63.45 | 65.86 | 70.27 |
| Short-Term Debt | 498M | 0 | 102M | 0 | 1.36B | 1.36B | 1.36B | 1.36B | 914M | 914M | 1.01B | 914M | 499M | 1.45B | 1.95B | 1.95B | 3.48B | 2.04B | 2.04B | 2.04B |
| Deferred Revenue (Current) | 323M | 379M | 358M | 285M | 232M | 212M | 297M | 263M | 253M | 210M | 293M | 249M | 277M | 289M | 369M | 463M | 534M | 604M | 612M | 618M |
| Other Current Liabilities | 5.97B | 6.73B | 5.89B | 2.65B | 5.47B | 4.37B | 6.16B | 3.05B | 3.32B | 3.14B | 2.62B | 2.61B | 4.43B | 4.32B | 3.33B | 4.09B | 4.57B | 4.66B | 3.84B | 4.58B |
| Current Ratio | 2.37x | 2.51x | 2.82x | 3.19x | 2.73x | 2.62x | 2.40x | 2.39x | 2.65x | 2.56x | 2.33x | 2.42x | 2.42x | 2.09x | 1.75x | 1.61x | 1.61x | 1.65x | 1.68x | 1.72x |
| Quick Ratio | 1.61x | 1.83x | 1.94x | 2.38x | 2.08x | 1.99x | 1.79x | 1.78x | 1.98x | 1.88x | 1.62x | 1.64x | 1.55x | 1.41x | 1.21x | 1.15x | 1.27x | 1.33x | 1.41x | 1.45x |
| Cash Conversion Cycle | 114.03 | 106.55 | 114.67 | 107.45 | 98.6 | 94.77 | 113.82 | 107.64 | 119.07 | 117.49 | 162 | 164.33 | 144.88 | 117.16 | 81.32 | 56.41 | 44.49 | 39.15 | 44.11 | 42.82 |
| Total Non-Current Liabilities | 20.09B | 20.14B | 19.79B | 19.85B | 18.1B | 18.74B | 18.38B | 18.32B | 19.55B | 19.91B | 19.83B | 19.87B | 20.8B | 21.12B | 19.14B | 19.14B | 17.54B | 19.21B | 19.34B | 19.13B |
| Long-Term Debt | 14.77B | 14.82B | 15.54B | 14.79B | 13.26B | 13.21B | 13.27B | 13.19B | 14.54B | 14.57B | 14.48B | 14.53B | 15.49B | 15.43B | 13.54B | 13.6B | 12.2B | 13.71B | 13.7B | 13.7B |
| Capital Lease Obligations | 0 | 0 | 730M | 0 | 0 | 0 | 708M | 0 | 0 | 0 | 571M | 0 | 0 | 0 | 573M | 0 | 0 | 0 | 428M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 2.73B | 0 | 0 | 0 | 2.61B | 0 | 0 | 0 | 2.41B | 0 | 0 | 0 | 2.27B | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5.32B | 5.32B | 720M | 4.97B | 4.76B | 5.45B | 1.7B | 5.03B | 4.88B | 5.25B | 2.27B | 5.25B | 5.21B | 5.59B | 2.61B | 5.36B | 5.12B | 5.25B | 4.85B | 4.96B |
| Total Liabilities | 29.86B | 29.96B | 28.94B | 27.65B | 27.64B | 28.7B | 28.88B | 28.07B | 28.7B | 29.08B | 29.46B | 28.33B | 28.66B | 31.2B | 31B | 30.97B | 30.97B | 31.49B | 31.29B | 30.59B |
| Total Debt | 15.27B | 14.82B | 16.37B | 14.79B | 14.62B | 14.58B | 15.44B | 14.55B | 15.46B | 15.48B | 16.07B | 15.44B | 15.98B | 16.88B | 16.16B | 15.54B | 15.68B | 15.75B | 16.3B | 15.74B |
| Net Debt | 9.84B | 7.61B | 8.53B | 9.34B | 7.42B | 5.86B | 7.59B | 6.78B | 6.24B | 7.35B | 7.62B | 9.36B | 12.5B | 12.07B | 13.39B | 12.87B | 8.51B | 9.14B | 9.18B | 8.34B |
| Debt / Equity | 0.56x | 0.64x | 0.77x | 0.54x | 0.53x | 0.54x | 0.59x | 0.59x | 0.63x | 0.67x | 0.74x | 0.75x | 0.81x | 0.90x | 0.90x | 0.97x | 1.18x | 1.39x | 1.64x | 1.92x |
| Debt / EBITDA | 5.61x | 4.40x | 4.98x | 4.38x | 4.43x | 3.65x | 5.11x | 5.51x | 5.62x | 4.60x | 8.58x | 6.71x | 6.24x | 5.89x | 3.89x | 3.17x | 3.66x | 3.69x | 4.90x | 6.05x |
| Net Debt / EBITDA | 3.61x | 2.26x | 2.59x | 2.76x | 2.25x | 1.47x | 2.51x | 2.57x | 2.27x | 2.18x | 4.07x | 4.06x | 4.88x | 4.22x | 3.22x | 2.62x | 1.98x | 2.14x | 2.76x | 3.21x |
| Interest Coverage | 13.50x | 19.92x | 18.48x | 18.57x | 18.05x | 23.30x | 15.42x | 13.67x | 13.60x | 16.29x | 9.21x | 10.60x | 11.59x | 14.95x | 25.28x | 48.76x | 28.16x | 27.80x | 21.03x | 15.91x |
| Total Equity | 27.28B | 23.07B | 21.21B | 27.21B | 27.73B | 26.88B | 26.27B | 24.67B | 24.47B | 23.06B | 21.58B | 20.67B | 19.7B | 18.81B | 18.01B | 16.05B | 13.33B | 11.33B | 9.95B | 8.18B |
| Equity Growth % | -1.62% | -14.16% | -19.29% | 10.29% | 13.32% | 16.58% | 21.75% | 19.35% | 24.22% | 22.58% | 19.81% | 28.8% | 47.79% | 65.98% | 81.04% | 96.26% | 79.53% | 53.56% | 63.73% | 147.34% |
| Book Value per Share | 25.45 | 21.38 | 19.19 | 24.76 | 24.87 | 23.96 | 23.25 | 21.75 | 21.65 | 20.46 | 19.18 | 18.39 | 17.54 | 16.63 | 15.93 | 14.15 | 11.69 | 9.92 | 8.70 | 7.14 |
| Total Shareholders' Equity | 27.28B | 23.07B | 21.21B | 27.21B | 27.73B | 26.88B | 26.27B | 24.67B | 24.47B | 23.06B | 21.58B | 20.67B | 19.7B | 18.81B | 18.01B | 16.05B | 13.33B | 11.33B | 9.95B | 8.18B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66M | 0 | 490M | 77M | 0 | 0 | 195M | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 26.9B | 22.5B | 20.65B | 26.55B | 27.33B | 26.61B | 25.69B | 24.27B | 23.96B | 22.57B | 20.73B | 20.16B | 19.28B | 18.52B | 17.84B | 15.83B | 13.11B | 11.28B | 9.82B | 7.99B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 377M | 575M | 560M | 657M | 395M | 273M | 587M | 397M | 438M | 493M | 358M | 430M | 418M | 293M | -22M | 218M | 215M | 58M | 128M | 184M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |