Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $33,566 | $44,200 | $35,820 | $38,962 | $44,284 |
| Gross Profit | $19,304 | $25,565 | $19,951 | $21,902 | $24,546 |
| Operating Income | $9,789 | $15,860 | $7,788 | $10,071 | $12,355 |
| Net Income | $9,043 | $12,936 | $7,232 | $10,142 | $5,541 |
Over the five-year period, Qualcomm’s revenue generally trended upward despite some volatility, growing from $33,566 million in 2021 to peaks of $44,200 million in 2022 and $44,284 million in 2025, with a noticeable dip in 2023 to $35,820 million. Gross profit exhibited a similar pattern, rising from $19,304 million in 2021 to $25,565 million in 2022 before declining in 2023, then partially recovering in subsequent years. Operating income showed significant swings: a robust increase from $9,789 million in 2021 to $15,860 million in 2022 (a roughly 62% increase), followed by a sharp decline to $7,788 million in 2023—a drop of over 50% that signals a potential operational challenge during that period. Although operating income recovered to $10,071 million in 2024 and improved further to $12,355 million in 2025, the recovery was not uniformly mirrored in net income figures. Net income climbed from $9,043 million in 2021 to $12,936 million in 2022, then fell to $7,232 million in 2023 before rebounding to $10,142 million in 2024. However, a significant drop to $5,541 million occurred in 2025, representing a dramatic year-over-year decline of nearly 45% from 2024. Such a stark move in net income could be indicative of rising expenses, potential one-off charges, or shifts in tax or interest expenses impacting profitability. In the context of the semiconductor and communications industry—where cyclicality and market demand fluctuations are common—Qualcomm's overall financial health appears resilient given its maintained revenue levels and recovering operating performance. However, the volatility in profitability, particularly the decline in net income in key years, suggests that further monitoring of cost management and operational efficiencies will be essential for sustainable long-term performance.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.