Qualcomm (QCOM) reported fiscal third-quarter revenue of $9.947 billion for the period ended June 28, 2026, down 4% from $10.365 billion a year earlier. GAAP net income was $2.002 billion, down 25%, and GAAP diluted EPS was $1.87, down 23%.
The company said combined QCT Automotive and IoT revenue grew 28% year over year and that Automotive revenue posted a 23rd consecutive quarter of double-digit year-over-year growth. Qualcomm also completed its acquisition of Modular Inc and issued fiscal fourth-quarter revenue guidance of $9.7 billion to $10.5 billion.
- QCT revenue was $8.504 billion, down 5% year over year.
- QTL revenue was $1.278 billion, down 3% year over year.
- QCT Automotive revenue rose 61% to $1.588 billion.
- QCT IoT revenue rose 9% to $1.830 billion.
- QCT Handsets revenue fell 20% to $5.086 billion.
- Qualcomm returned $2.3 billion to stockholders, including $973 million in cash dividends and $1.4 billion through share repurchases.
- Fiscal fourth-quarter GAAP diluted EPS guidance was $1.22 to $1.42.
$QCOM Insider Trading Activity
$QCOM insiders have traded $QCOM stock on the open market 67 times in the past 6 months. Of those trades, 0 have been purchases and 67 have been sales.
Here’s a breakdown of recent trading of $QCOM stock by insiders over the last 6 months:
- CRISTIANO R AMON (President & CEO) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $3,650,000.
- AKASH J. PALKHIWALA (EVP, CFO & COO) has made 0 purchases and 59 sales selling 15,833 shares for an estimated $2,590,618.
- HEATHER S ACE (EVP, Chief HR Officer) has made 0 purchases and 2 sales selling 6,400 shares for an estimated $1,007,424.
- PATRICIA Y GRECH (SVP, Chief Accounting Officer) has made 0 purchases and 4 sales selling 1,687 shares for an estimated $288,522.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$QCOM Hedge Fund Activity
We have seen 1,160 institutional investors add shares of $QCOM stock to their portfolio, and 1,531 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 24,234,489 shares (+365.5%) to their portfolio in Q1 2026, for an estimated $3,070,269,834
- WELLINGTON MANAGEMENT GROUP LLP removed 8,375,140 shares (-50.1%) from their portfolio in Q1 2026, for an estimated $1,061,047,324
- BLACKROCK, INC. added 5,875,924 shares (+5.9%) to their portfolio in Q1 2026, for an estimated $744,421,399
- VAN ECK ASSOCIATES CORP added 3,671,788 shares (+35.5%) to their portfolio in Q1 2026, for an estimated $465,179,188
- PRICE T ROWE ASSOCIATES INC /MD/ removed 3,294,195 shares (-30.4%) from their portfolio in Q1 2026, for an estimated $417,341,893
- AMUNDI removed 2,673,228 shares (-33.7%) from their portfolio in Q1 2026, for an estimated $338,671,522
- CITIGROUP INC added 2,342,416 shares (+58.6%) to their portfolio in Q1 2026, for an estimated $296,760,917
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$QCOM Congressional Stock Trading
Members of Congress have traded $QCOM stock 6 times in the past 6 months. Of those trades, 3 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $QCOM stock by members of Congress over the last 6 months:
- REPRESENTATIVE MARIA ELVIRA SALAZAR has traded it 2 times. They made 2 purchases worth up to $65,000 on 05/13 and 0 sales.
- REPRESENTATIVE SARA JACOBS has traded it 2 times. They made 0 purchases and 2 sales worth up to $2,000,000 on 05/07, 05/06.
- REPRESENTATIVE JARED MOSKOWITZ sold up to $50,000 on 03/31.
- SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
