- Start
- Feb 4, 202690% CONFIDENCEfrom the source
Qualcomm Q1 FY2026 Results: Record $12.3B Revenue, Memory Shortage Hits Outlook
- Revenue rose 5% to a record $12.25 billion; GAAP EPS was $2.78 and non-GAAP EPS $3.50[1]
- QCT revenue was a record $10.61 billion: handsets $7.82 billion (+3%), automotive $1.10 billion (+15%, a second straight quarter above $1 billion) and IoT $1.69 billion (+9%); QTL was $1.59 billion[1]
- Qualcomm completed its acquisition of Alphawave Semi, now in a Data Center segment, and returned $3.6 billion to stockholders[1]
- Second-quarter guidance of $10.2-11.0 billion revenue and $2.45-2.65 non-GAAP EPS includes the impact of memory supply constraints and pricing on several handset customers[1]
- Analysts had expected $11.11 billion and $2.89; the shares fell as much as 10% in extended trading[4]
- Amon said memory makers moving capacity to HBM for AI data centers would limit phone supply, and that 'memory is going to define the size of the mobile market'[2][4]
References 589% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%qualcomm.com/news/releases/2026/02/qualcomm-announces-first-quarter-fiscal-2026-resultsqualcomm.com· Posted Sep 25, 2026· Starts Feb 4, 2026 ✓· 38% of score
The release is datelined "SAN DIEGO - February 4, 2026" and Qualcomm's IR site posted it at 4:00 pm ET; the 8-K was accepted at 21:00 UTC.
- [2]85%Qualcomm Q1 FY26 earnings call transcripts204.q4cdn.com· Published Feb 5, 2026· 16% of score
Amon: the industry will be constrained by the availability and pricing of memory, particularly DRAM, as suppliers move capacity to HBM.[1]
- [3]95%Qualcomm Announces First Quarter Fiscal 2026 Results (Form 8-K, Exhibit 99.1)sec.gov· Published Feb 4, 2026· 15% of score
The filed release: record revenue of $12,252M, GAAP EPS $2.78, non-GAAP $3.50, the Alphawave close and memory-hit Q2 guidance.[1]
- [4]85%Qualcomm stock sinks as memory shortage drags on forecast (CNBC)cnbc.com· Published Feb 4, 2026· 15% of score
Shares tumbled as much as 10% in extended trading; analysts expected $11.11B and $2.89 for Q2; Amon: 'memory is going to define the size of the mobile market'.[1]
- [5]90%FY2026 1st Quarter Earnings Release (Qualcomm IR PDF)s204.q4cdn.com· Published Feb 4, 2026· 15% of score
Qualcomm's[1] own PDF of the release.
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