The US tech giant reports revenue of $10.4 billion and highlights the growth of its Snapdragon and Dragonwing platforms in automotive, IoT, and artificial intelligence. The diversification of its business solidifies its role as a key player in global digital transformation.
Qualcomm Incorporated (NASDAQ: QCOM) announced its fiscal third quarter results, ending June 29, emphasizing a strong performance driven by its strategy of diversification into emerging sectors like automotive and the Internet of Things (IoT). The company posted total revenue of $10.4 billion, with a GAAP net profit of $2.43 per share and $2.77 per share on a non-GAAP basis.
Cristiano Amon, Qualcomm’s chairman and CEO, highlighted the company’s strategic momentum:
“Another quarter of strong growth in our automotive and IoT divisions validates our diversification strategy and reinforces our confidence in long-term revenue goals. Our leadership in AI processing, high-performance and low-power computing, and advanced connectivity positions us as the industry’s preferred platform as AI becomes more entrenched at the edge.”
QCT Boom: Record Automotive Revenues and Robust IoT Performance
The Qualcomm CDMA Technologies (QCT) division, encompassing semiconductor businesses, saw a 23% year-over-year increase in combined automotive and IoT revenue, underscoring Qualcomm’s strategic shift toward high-value verticals.
In automotive, the company achieved a historic quarterly revenue high, driven by increasing demand for Snapdragon platforms in advanced driver assistance systems (ADAS), infotainment, and vehicle connectivity. Qualcomm is now a leading supplier for brands like BMW, Mercedes-Benz, GM, Hyundai, and Stellantis.
In IoT, expansion is supported by integrated solutions for smart appliances, security cameras, industrial devices, and edge computing, all powered by processors designed to run AI locally with energy efficiency.
Both segments benefit from the global shift toward distributed AI architectures, where peripheral devices process data locally, reducing latency, bandwidth usage, and privacy risks.
Snapdragon and Dragonwing: Core Technologies
Qualcomm continues expanding its ecosystem with Snapdragon platforms, aimed at consumer devices, and Qualcomm Dragonwing solutions targeting industrial, enterprise, and vertical markets like automotive and smart cities.
These platforms combine AI processing, advanced 5G, Wi-Fi 7, heterogeneous computing, and high-level graphics—creating ideal environments for running generative AI, computer vision, predictive analytics, or digital twins directly on the device.
Shareholder Commitment: Accelerated Share Buybacks
The company reaffirmed that it is on track with its accelerated share buyback plan for fiscal year 2025, demonstrating strong financial health and a commitment to maximizing shareholder returns. Qualcomm’s disciplined capital allocation policy balances reinvestment in R&D with dividends and buybacks.
Looking Ahead: AI, Edge, and Ubiquitous Computing
With over four decades of technological leadership, Qualcomm is positioned to become the leading provider of edge AI platforms—a category expected to be at the core of next-generation digital transformation.
From laptops equipped with Snapdragon X Elite to industrial solutions for logistics, healthcare, and energy, as well as smart cars and XR (extended reality) devices, the company is building a highly scalable, open, and efficient network of solutions.
Moreover, developing new form factors—such as TriFold devices, XR platforms, and advanced sensors—strengthens its ability to capture growth in emerging segments.
Qualcomm Q3 FY2025 Financial Summary
| Financial Indicator | Result |
|---|---|
| Total Revenue | $10.4 billion USD |
| EPS (GAAP) | $2.43 |
| EPS (Non-GAAP) | $2.77 |
| YoY Growth in Automotive + IoT | +23% |
| FY2025 Share Buyback Progress | On track, as planned |
Analysis: Qualcomm at the Heart of Intelligent Computing
Qualcomm has become a key strategic player in the global race for AI, advanced connectivity, and ubiquitous computing. Amid regulatory uncertainties, trade restrictions with China, and fierce technological competition, the California-based company has charted a growth path focused on scalability, efficiency, and diversification.
Its ability to lead the transition from cloud to edge—through platforms integrating AI processing, connectivity, and low power consumption—makes it a critical piece of the future digital architecture. With these results, Qualcomm not only demonstrates financial strength but also a clear vision of its role in the coming years: bringing artificial intelligence everywhere—from devices and vehicles to homes, factories, and cities.
via: Qualcomm