Qualcomm (QCOM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Qualcomm (QCOM) reported $10.37 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 10.4%. EPS of $2.77 for the same period compares to $2.33 a year ago.The reported revenue represents a surprise of -0.15% over the Zacks Consensus Estimate of $10.38 billion. With the consensus EPS estimate being $2.70, the EPS surprise was +2.59%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Qualcomm performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Revenues- QCT- Handsets: $6.33 billion compared to the $6.51 billion average estimate based on five analysts. The reported number represents a change of +7.3% year over year.Revenues- QCT- IoT (internet of things): $1.68 billion compared to the $1.58 billion average estimate based on five analysts. The reported number represents a change of +23.7% year over year.Revenues- QCT: $8.99 billion versus $9.07 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.Revenues- QTL: $1.32 billion versus $1.26 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3.5% change.Revenues- QCT- Automotive: $984 million compared to the $972 million average estimate based on five analysts. The reported number represents a change of +21.3% year over year.Revenues- Licensing: $1.47 billion versus $1.44 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.1% change.Revenues- Equipment and services: $8.89 billion versus $9.03 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +11.3% change.Income / (loss) before taxes- QTL: $942 million versus the three-analyst average estimate of $906.56 million.Income / (loss) before taxes- QCT: $2.67 billion versus the three-analyst average estimate of $2.8 billion.View all Key Company Metrics for Qualcomm here>>>Shares of Qualcomm have returned +1.7% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report QUALCOMM Incorporated (QCOM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks