Qualcomm has released first quarter fiscal 2025 results.
Takeaway Points
- Qualcomm Releases First Quarter Fiscal 2025 Results
- It recorded revenues of $11.7 billion, GAAP EPS of $2.83, record non-GAAP EPS of $3.41, and record quarterly QCT revenues of greater than $10 billion.
- On Jan 22, 2025, Qualcomm and Samsung partnered to unveil unmatched mobile power in the Galaxy S25 series.
- Qualcomm Technologies and Samsung teamed up to tailor the Snapdragon 8 Elite for Galaxy for the latest Gemini experiences.
Qualcomm First Quarter Fiscal 2025 Results.
Qualcomm Incorporated on Wednesday announced results for its fiscal first quarter ended Dec 29, 2024.
Cristiano Amon, CEO of Qualcomm Incorporated, said, “We are very pleased to have achieved quarterly revenue records, which reflect the strength of our technology, product roadmap, and end-customer demand. We are delivering growth across our diversification initiatives and remain committed to executing on our fiscal 2029 targets to achieve $22 billion of non-handset revenues.”
The revenue results
According to the company, it recorded revenues of $11.7 billion, GAAP EPS of $2.83, record non-GAAP EPS of $3.41, record quarterly QCT revenues of greater than $10 billion, QCT handsets: record quarterly revenues, and QCT automotive: 6th consecutive quarter of record revenues.
Qualcomm and Samsung Partner to Unveil Unmatched Mobile Power in Galaxy S25 Series
On Jan 22, 2025, Qualcomm Technologies announced the Snapdragon 8 Elite Mobile Platform for Galaxy, uniquely customized in collaboration with Samsung to power the Galaxy S25, S25 Plus, and S25 Ultra globally. Featuring the most powerful and world’s fastest second-generation custom Qualcomm Oryon CPU, game-changing Qualcomm Adreno GPU, and groundbreaking Qualcomm Hexagon NPU, Snapdragon 8 Elite for Galaxy brings unparalleled performance, transforming the way users interact with their Galaxy AI device.
O.H. Kwon, senior vice president and president, Qualcomm APAC, commented, “The collaboration between Qualcomm Technologies and Samsung has always been about pushing the boundaries of what’s possible. With the Snapdragon 8 Elite for Galaxy, we are not just enhancing performance; we are redefining the user experience by integrating cutting-edge on-device AI and connectivity features that will shape the future of mobile technology.”
Qualcomm Technologies and Samsung teamed up to tailor the Snapdragon 8 Elite for Galaxy for the latest Gemini experiences, the report stated.
About Qualcomm
Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our proven solutions drive transformation across major industries, and our Snapdragon® branded platforms power extraordinary consumer experiences. Building on our nearly 40-year leadership in setting industry standards and creating era-defining technology breakthroughs, we deliver leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress.
Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm-branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated.
