Qualcomm announces fourth quarter and fiscal 2021 results

Qualcomm Incorporated today announced results for its fiscal fourth quarter and year ended September 26, 2021.

“As of fiscal 2021, we are exceeding our 2019 Analyst Day targets for revenue growth and diversification and operating margin expansion, while more than doubling our year-over-year Non-GAAP EPS,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “We are well positioned to continue to lead in mobile and enable the digital transformation of industries with our broad portfolio of relevant technologies. Our results across RF front-end, Automotive and IoT attest to the success of our technology roadmap and revenue diversification strategy.”

Segment results

 QCT revenue streams
We disaggregate QCT revenues based on the industries and applications in which our products are sold.

Return of capital to stockholders
The following table summarizes stock repurchases and dividends paid during the fourth quarter and fiscal 2021.

Business outlook
The following statements are forward looking, and actual results may differ materially. The “Note Regarding Forward-Looking Statements” in this news release provides a description of certain risks that we face, and our most recent annual report on file with the Securities and Exchange Commission (SEC) provides a more complete description of our risks.

The following table summarizes GAAP and Non-GAAP guidance based on the current outlook.

CT Bureau