As of Q1'26 (2025-12-28), Qualcomm's gross margin stands at 54.6%, operating margin at 27.5%, and net profit margin at 24.5%. These figures indicate a stable profitability profile in the latest quarter, with all three margins remaining within their historical ranges. Over the period from Q2'23 to Q1'26, gross margin has remained relatively stable, fluctuating between 54.6% and 56.6%. Operating margin and net profit margin have shown more volatility, with operating margin rebounding from a low of 16.3% in Q4'23 to a peak of 30.5% in Q1'25, while net profit margin experienced a sharp dip to -27.7% in Q4'25 before recovering. Overall, the data suggests that despite some short-term fluctuations, Qualcomm has maintained healthy margins, with a notable recovery in profitability following periods of volatility.