Qualcomm said revenues for Q2 of fiscal 2025 were $11.0 billion, an increase of 17% compared to the year ago quarter, with net income of $2.8 billion, an increase of 21% compared to the year ago quarter.

1. 01

   Qualcomm said revenues for Q2 of fiscal 2025 were $11.0 billion, an increase of 17% compared to the year ago quarter, with net income of $2.8 billion, an increase of 21% compared to the year ago quarter.

2. 02

   The company said QCT revenues increased by 18% in Q2 compared to the year ago quarter, citing higher handsets, automotive and IoT revenues as factors. QTL revenues remained approximately flat compared to the year ago quarter.

3. 03

   Qualcomm said it repurchased 22 million shares of common stock for $3.5 billion in the first six months of fiscal 2025 and paid cash dividends of $1.9 billion. It announced an increase in its quarterly dividend per share from $0.85 to $0.89.

4. 04

   Qualcomm said Apple began utilizing its own modem in its recently released smartphone and the company expects that Apple will increasingly use its own modem products in its future devices, which will have a significant negative impact on its QCT revenues, results of operations and cash flows.

Key figures

Quarter ended March 30, 2025

Revenue

$11.0B

Operating income

$3.1B

Net income

$2.8B

EPS

$2.52

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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