Qualcomm's fiscal Q4 revenue reaches $10.3 billion; shares fall about 5% after hours

November 5 — Qualcomm's fiscal 2026 fourth-quarter revenue, for the quarter ended September 27, fell 8% year-on-year to $10.3 billion, with earnings per share of $2.17, both slightly above analysts' expectations of $10.1 billion and $2.16, Bloomberg reported. Qualcomm expects revenue of $10.4 billion to $11.2 billion for the current quarter ending in December, above analysts' expectation of $10.55 billion; it expects earnings per share of $2.15 to $2.35, with the midpoint of that range below analysts' expectation of $2.32. Qualcomm said component and manufacturing costs are rising broadly, and revenue in its handset business fell 26% to $5.14 billion last quarter. After the news was announced, Qualcomm shares fell about 5% in after-hours trading.