On February 4 (local time), Qualcomm announced its financial results for the first quarter of the 2026 fiscal year, reporting revenue of $12.25 billion, a 5% increase compared to the same period last year. Adjusted net profit came in at $3.781 billion, marking a slight 1% decline year-over-year, while adjusted earnings per share reached $3.50, up from $3.41 in the prior-year period. Looking ahead, the company projects revenue for the second fiscal quarter to range between $10.2 billion and $11 billion.
