**Qualcomm (QCOM) Reports Q4 2025 Earnings: Revenue Beats Expectations Despite Tax Charge Impacting EPS**

Qualcomm has released its financial results for the fourth quarter of fiscal year 2025, showing strong revenue performance that surpassed Wall Street expectations. The tech giant reported quarterly revenue of $11.27 billion, exceeding the $10.77 billion estimate from analysts.

However, the company’s earnings per share (EPS) were negatively impacted by a substantial tax charge. While Qualcomm posted an EPS of $3.00 per share—slightly above both analyst and whisper numbers—this figure turns into a $2.89 per share loss once the $6 billion tax charge is taken into account.

“Our business remains strong as demonstrated by record QCT revenues in fiscal 2025,” said Qualcomm President and CEO Cristiano Amon in the Q4 earnings report. “We delivered 18% year-over-year growth in total QCT non-Apple revenues, with combined fiscal year Automotive and IoT revenue growth of 27%. We are excited about our business momentum, the availability of our automated driving stack, and our expansion into data centers and advanced robotics.”

### Impact of New Tax Legislation

Qualcomm acknowledged the influence of the recently enacted One Big Beautiful Bill Act, which contributed to the EPS loss reported this quarter. The company noted that its effective tax rate is expected to remain in the 13% to 14% range, with lower cash tax payments anticipated in future periods.

“With the enactment of recent U.S. tax legislation in the One Big Beautiful Bill Act, we now expect our effective tax rate to generally remain in the 13% to 14% range and anticipate lower cash tax payments in future periods,” the report states. “However, this new tax legislation resulted in a non-cash $5.7 billion charge, or $5.29 per share, in the fourth quarter of fiscal 2025 to establish a valuation allowance against our U.S. federal deferred tax assets, as we now expect to be subject to the U.S. corporate alternative minimum tax beginning in fiscal 2026. This charge was excluded from our Non-GAAP metrics but impacted our GAAP results.”

### Technological Advancements and Upcoming Product Showcases

Qualcomm highlighted multiple advancements across key sectors including artificial intelligence (AI), gaming, and mobile performance. Key hardware innovations mentioned in the report include:

– The Snapdragon 8 Elite Gen 5 mobile CPU chip
– The Snapdragon X2 Elite Extreme CPU chip
– The AI-enabled Snapdragon Ride Pilot Automated Driving System

The company plans to showcase more of its product lineup at the upcoming Consumer Electronics Show in January.

### Stock Performance

On Wednesday, November 5, Qualcomm’s stock closed up $6.88 per share during regular trading. However, the shares dropped more than $4.00 per share in after-hours trading following the earnings release.

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**Summary:** Qualcomm’s strong revenue beat Wall Street expectations amid growth in automotive, IoT, and advanced robotics sectors. Despite a sizable tax charge affecting GAAP EPS, the company remains optimistic about its business momentum and technology innovations moving forward.
https://www.shacknews.com/article/146695/qualcomm-qcom-q4-2025-earnings-report