Qualcomm posts transcript of Q3 FY26 earnings call
QCOM•Q4 outlook
Qualcomm guided Q4 revenue to $9.7 billion to $10.5 billion and non-GAAP EPS to $2.05 to $2.25.
It also projected QCT EBT margin of 23% to 25% on handset revenue of $5.2 billion.
Q3 FY26 results and call participants
Qualcomm's Q3 FY26 earnings call drew CEO Cristiano Amon, CFO/COO Akash Palkhiwala, IR head Brett Simpson, and Alex Rogers joined the Q&A.
Quarter results included:
- Revenue of $9.9 billion
- Non-GAAP EPS of $2.21
- QCT revenue of $8.5 billion
- QTL revenue of $1.3 billion
- Returned $2.3 billion
Apple modem step-down and data center ramp
Supply constraints accelerate Apple's modem step-down from Q4. Share in the upcoming iPhone launch is seen materially below the prior estimate, with September-to-December revenue down about .
