QUALCOMM Incorporated (QCOM) Q1 2025 Earnings Report

QUALCOMM Incorporated reported record revenues of $11.7 billion for Q1 2025, showcasing remarkable growth driven primarily by strong demand in its chipset business, which reached $10.1 billion. The company achieved a non-GAAP earnings per share (EPS) of $3.41, underscoring its successful performance in both mobile and automotive sectors. Significant year-over-year growth was noted in automotive and IoT revenues, which increased by 61% and 36%, respectively, reflecting successful diversification into these high-potential markets. QUALCOMM's strategic focus on AI and advanced connectivity technologies positions it favorably for future growth as global demand for smart devices rises.