Qualcomm reported fourth-quarter and fiscal 2026 results, posting GAAP revenues of $43.1 billion and a full-year GAAP diluted earnings per share (EPS) of $12.70. The strong annual EPS figure included a significant one-time income tax benefit of $5.7 billion ($5.32 per share) from the release of a valuation allowance. For the fourth quarter, non-GAAP revenues were $10.4 billion and non-GAAP diluted EPS was $2.17. Automotive segment revenues reached a record $2.0 billion in Q4, growing 89% year-over-year. The company reiterated its fiscal 2027 Data Center revenue target of $5 billion and projected non-handset revenue growth exceeding 60%. Qualcomm operates as a global leader in wireless technology, developing platforms for mobile devices, automotive systems, and AI infrastructure.
