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Press Release

Qualcomm Announces Second Quarter Fiscal 2024 Results

Revenues: $9.4 billion
GAAP EPS: $2.06, Non-GAAP EPS: $2.44

—QCT Automotive: Design Win Pipeline Now Approximately $45 Billion1—
—Increased Quarterly Cash Dividend to $3.40 Annualized Payout Per Share—

May 1, 2024
SAN DIEGO

SAN DIEGO - May 1, 2024 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal second quarter ended March 24, 2024.

“We are pleased to report strong quarterly results, with EPS exceeding the high end of our guidance,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “We are excited about our continued growth and diversification, including achieving our third consecutive quarter of record QCT Automotive revenues, upcoming launches with our Snapdragon X platforms, and enabling leading on-device AI capabilities across multiple product categories.”

Complete Press Release

Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

Qualcomm, Qualcomm Dragonwing and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated.

(1) As of May 1, 2024. The design win pipeline reflects the current estimated future size of awarded automaker programs, based on forecasts provided directly by automakers and Tier-1 suppliers. 

Contact Information
Brett Simpson
Investor Relations
1-858-658-4813
[email protected]
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Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our leading-edge AI, high performance, low-power computing, and unrivaled connectivity deliver proven solutions that transform major industries. At Qualcomm, we are engineering human progress.

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