Qualcomm's adjusted revenue for the fourth fiscal quarter was US$10.44 billion, down 7.3% year on year, higher than expected; adjusted earnings per share were US$2.17, or US$3 for the same period last year, slightly exceeding expectations. Automotive business revenue was US$1.99 billion, up 89% year on year; IoT revenue was US$1.89 billion, up 4.5% year on year. Adjusted operating profit was US$2.77 billion, down 27% year over year. Capital expenditure for the year was $2.49 billion, higher than expected. Guidance for the next fiscal quarter: Revenue of US$10.4 billion to US$11.2 billion, adjusted earnings per share of US$2.15-2.35, weak earnings guidance. CEO Anmon stated: Non-mobile phone revenue will begin to increase rapidly in FY2027. It is expected to increase by more than 60% year on year, maintaining the data center business revenue target of 5 billion US dollars; product price increases to hedge costs, and the benefits will be reflected in QCT gross profit margin in the second half of fiscal year 2027.

Qualcomm's adjusted revenue for the fourth fiscal quarter was US$10.44 billion, down 7.3% year on year, higher than expected; adjusted earnings per share were US$2.17, or US$3 for the same period last year, slightly exceeding expectations. Automotive business revenue was US$1.99 billion, up 89% year on year; IoT revenue was US$1.89 billion, up 4.5% year on year. Adjusted operating profit was US$2.77 billion, down 27% year over year. Capital expenditure for the year was $2.49 billion, higher than expected. Guidance for the next fiscal quarter: Revenue of US$10.4 billion to US$11.2 billion, adjusted earnings per share of US$2.15-2.35, weak earnings guidance. CEO Anmon stated: Non-mobile phone revenue will begin to increase rapidly in FY2027. It is expected to increase by more than 60% year on year, maintaining the data center business revenue target of 5 billion US dollars; product price increases to hedge costs, and the benefits will be reflected in QCT gross profit margin in the second half of fiscal year 2027.