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QCOM Revenue by Segments

Revenue by Segments

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In Q4'25, Qualcomm's total revenue reached $11.23B USD, with the QCT segment dominating at $9.82B USD, followed by QTL at $1.41B USD, a minor contribution from QSI at $5M USD, and reconciling items showing a negative adjustment of -$295M USD. This marks a sequential increase from Q3'25's $9.49B USD total, driven primarily by QCT growth. Over the period from Q1'23 to Q4'25, QCT revenue exhibited an overall upward trend, rising from $7.89B USD to $9.82B USD with notable volatility—including a dip to $7.17B USD in Q3'23 and a peak of $10.08B USD in Q1'25—while consistently comprising over 85% of total revenue. QTL remained relatively stable around $1.3B-$1.5B USD, QSI was negligible and often zero post-Q4'24, and reconciling items fluctuated modestly but turned negative in Q4'25, underscoring QCT as the primary growth driver amid segment concentration.