{"symbol":"QCOM","fiscalQuarter":"Q3-2026","reportDate":"2026-07-29","reportTime":"AMC","status":"upcoming","company":{"name":"QUALCOMM Incorporated","sector":"Information Technology","industry":"Semiconductors"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/QCOM/earnings/Q3-2026","preBrief":{"companySnapshot":"QUALCOMM Incorporated (QCOM) is a leading semiconductor company that designs and manufactures chips for mobile devices and telecommunications. As a key player in the 5G technology space, it plays a crucial role in the ongoing digital transformation and the growth of connected devices.","keyMetrics":[{"name":"5G Chip Sales","why":"5G technology is a major growth driver for QUALCOMM, and sales in this segment will indicate future demand.","consensus":"N/A"},{"name":"Licensing Revenue","why":"This revenue stream is vital for QUALCOMM's profitability and reflects the strength of its patent portfolio.","consensus":"N/A"},{"name":"Automotive Revenue","why":"With increasing focus on automotive technology, this metric will show how well QUALCOMM is penetrating this growing market.","consensus":"N/A"}],"lastQuarterRecap":{"summary":"In Q2-2026, QUALCOMM reported an earnings per share (EPS) of $2.65, significantly exceeding expectations by nearly 40%. The stock reacted positively, gaining 4% the following day.","promises":["Continued investment in 5G technology.","Expansion into automotive and IoT markets.","Commitment to shareholder returns through dividends."]},"wallStreetExpectations":{"summary":"Overall, analysts expect QUALCOMM to maintain its strong performance, given its history of beating earnings estimates. However, there are concerns about market saturation in mobile devices.","bullCase":"If QUALCOMM can show strong growth in its 5G and automotive segments, it could lead to increased investor confidence and higher stock prices.","bearCase":"On the other hand, if the company reports weaker-than-expected sales or guidance, it could raise concerns about future growth prospects."},"optionsSignal":{"impliedMove":"11.1%","context":"The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report."},"earningsTrackRecord":[{"quarter":"Q2-2026","epsSurprise":"+39.84%","reaction":"+4.00%"},{"quarter":"Q1-2026","epsSurprise":"+24.96%","reaction":"+1.16%"},{"quarter":"Q4-2025","epsSurprise":"+28.81%","reaction":"+3.98%"},{"quarter":"Q3-2025","epsSurprise":"+27.89%","reaction":"-1.86%"},{"quarter":"Q2-2025","epsSurprise":"+25.38%","reaction":"+1.08%"}],"pivotalQuestions":[{"question":"What are the specific sales figures for 5G chips this quarter?","whyItMatters":"Given the importance of 5G technology, this number will be critical in assessing future growth potential."},{"question":"How is QUALCOMM performing in the automotive market?","whyItMatters":"This segment is increasingly important for future revenue, and any insights could significantly impact investor sentiment."}],"thesisBreakLevels":{"bullTrigger":"Strong 5G chip sales growth of 15% or more year-over-year would confirm the bull case.","bearTrigger":"If automotive revenue does not show growth or declines, it would support the bear case.","context":"The core debate this quarter revolves around QUALCOMM's ability to sustain growth in key segments like 5G and automotive technology."},"scenarioPlaybook":{"beatAndRaise":"History suggests that if QUALCOMM beats expectations, the stock could rise by an average of 2.83%, confirming strong demand in key segments.","inLineCautious":"If results are in line but management expresses caution, the stock may experience a muted reaction as investors reassess growth prospects.","miss":"Should the company miss expectations, history indicates a potential decline of around 3.3%, raising concerns about future performance."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Semiconductors","sampleSize":30,"fadeRate":"X of Y (Z%)","insight":"This setup has occurred 30 times across Information Technology in the last 2 years. The average absolute 1-day move is 5.7%, with a raw directional average of +1.2% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The Street may underestimate the impact of QUALCOMM's advancements in automotive technology, which could drive unexpected revenue growth this quarter.","supportingPoints":["QUALCOMM's recent partnerships in the automotive sector suggest a stronger position than analysts anticipate.","Options pricing indicates a higher expected move than historical averages, suggesting that the market is bracing for significant news."],"riskToConsensus":"If 5G chip sales exceed expectations, it could challenge the current cautious outlook."},"whatToListenFor":["Details on 5G chip sales figures and growth rates.","Updates on automotive partnerships and revenue contributions.","Any commentary on supply chain challenges or opportunities.","Insights into competitive positioning in the semiconductor market.","Future guidance on revenue expectations for the next quarter."],"metaDescription":"QUALCOMM (QCOM) reports Q3 2026 earnings July 29. Analysts expect strong performance driven by 5G and automotive growth."}}