As of Q1'26 (2025-12-28), QCOM reported Operating Cash Flow of $4.97B and Free Cash Flow of $4.42B, both representing the highest levels in the observed period. This marks a significant increase compared to the previous quarter, with Operating Cash Flow rising by $970M and Free Cash Flow increasing by $813M. From Q2'23 to Q1'26, both Operating and Free Cash Flow have shown a generally upward trend, albeit with some quarterly volatility. Notable peaks occurred in Q4'23, Q1'25, and Q1'26, while troughs were observed in Q2'23 and Q2'25. The overall pattern suggests strengthening cash generation capabilities, with particularly robust growth in the most recent quarters, highlighting improved operational efficiency and capital management.