Qualcomm Q4: auto revenue is ~39% of handset sales, but the handset YoY hole is still almost 2x the auto gain
Qualcomm (QCOM) reported fiscal Q4 on Wednesday: adjusted revenue $10.44B and EPS $2.17, both slight beats, then the stock sold off hard.
Handset revenue fell 26% to $5.14B while auto jumped 89% to $1.99B. Auto is now about 39% of handset revenue and the handset hole (~$1.82B YoY) is still almost 2x the auto gain. Not financial advice.
https://www.cnbc.com/2026/11/04/qualcomm-qcom-earnings-report-q4-2026.html
Sources: Quartz: auto revenue +89% to $1.99B record; IoT $1.89B; handset $5.14B vs $5.25B est · AndroidPure: handset $5.137B vs $6.961B YoY (-26%); GAAP rev $10.322B (-8%) · @unusual_whales: QCOM EPS $2.17 vs $2.16, rev $10.4B vs $10.1B
Not financial advice. For informational and educational purposes only.