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Technology

Derrek Lee

Qualcomm announces double-digit revenue gains as AI drives sales across form factors, expects high Snapdragon share in the Galaxy S26 series

Qualcomm Snapdragon Meta Samsung Cristiano Amon Android Michael Hicks Android Central Exynos Google

The Qualcomm logo at MWC 2024.

What you need to know

Qualcomm reported its FY Q4 financial earnings on Wednesday, November 5.
The company reported a 10% increase in revenue to $10.27 billion during the quarter, while overall revenue for the year grew by 13% to $44.14 billion.
Headset sales drove revenue following the launch of the Snapdragon 8 Elite chipset, with Automotive seeing the most significant revenue gains in the division.

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