QUALCOMM Incorporated(QCOM)
NASDAQ
$177.12
-3.91 (-2.16%)

QUALCOMM Incorporated(QCOM)Earnings Date, History & Expected Move
NASDAQ

QCOM is scheduled to report on Nov 4, 2026, after the market closes. Analysts expect EPS of $2.20.

Next report
Nov 4, 2026
In 27 days · after close
EPS beat rate
92%
11 of 12 quarters
Avg move after earnings
±6.7%
Up 25% of the time · last 12
Options-implied move
—
No reliable options quote yet

EPS: Actual vs Estimate

Reported earnings per share against the consensus estimate, last 12 quarters.

Green = beat or met, red = missed, amber = our data sources disagree on beat vs miss for that quarter.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines mark the average actual move (±6.7%).

Did the stock rise after good news?

"Beat" means the company earned more than analysts expected. Here is what the stock did the next day.

When it beat expectations
11 reports
When it missed expectations
1 report

In plain words: it beat expectations 11 times, but the stock still fell 8 of those 11 times.

Report by report
  • Jul '26
    Missed
    ▼ -2.6%
  • Apr '26
    Beat
    ▲ +15.1%
  • Feb '26
    Beat
    ▼ -8.5%
  • Nov '25
    Beat
    ▼ -3.6%
  • Jul '25
    Beat
    ▼ -7.7%
  • Apr '25
    Beat
    ▼ -8.9%
  • Feb '25
    Beat
    ▼ -3.7%
  • Nov '24
    Beat
    ▼ 0.0%
  • Jul '24
    Beat
    ▼ -9.4%
  • May '24
    Beat
    ▲ +9.7%
  • Jan '24
    Beat
    ▼ -5.0%
  • Nov '23
    Beat
    ▲ +5.8%

Only reports with a clear beat or miss and a known price reaction are counted. A beat does not guarantee a gain.

After an EPS beat
-1.5%
average next-day move · up 27% of 11 times
After an EPS miss
—
Not enough quarters yet

Why did QCOM fall after beating earnings?

Beating or missing estimates is only part of the story. These are the measurable things that stand out for each surprising reaction.

QCOM beat EPS estimates in 11 quarters, and the stock still closed lower the next day 8 times. In 5 of the 8 where we have price data, the stock had already run up before the report.

  • Feb 4, 2026EPS beat +2.9%stock -8.5% next day
    • It opened 10.7% lower as soon as trading resumed.
  • Nov 5, 2025EPS beat +4.2%stock -3.6% next day
    • It had risen 7.1% in the 20 trading sessions before the report, so good news may already have been priced in.
    • It opened 1.1% lower as soon as trading resumed.
  • Jul 30, 2025EPS beat +2.2%stock -7.7% next day
    • It opened 3.7% lower as soon as trading resumed.
  • Apr 30, 2025EPS beat +1.1%stock -8.9% next day
    • It had risen 5.7% in the final week before the report, so good news may already have been priced in.
    • The EPS beat was small (+1.1%).
    • It opened 6.5% lower as soon as trading resumed.
  • Feb 5, 2025EPS beat +14.0%stock -3.7% next day
    • It had risen 10.0% in the 20 trading sessions before the report, so good news may already have been priced in.
    • It opened 4.6% lower as soon as trading resumed.
  • Nov 6, 2024EPS beat +4.7%stock 0.0% next day
    • It had risen 3.2% in the final week before the report, so good news may already have been priced in.
    • It opened 4.2% higher, but sellers took over and it closed 0.0%.

These are patterns visible in estimates and prices, not confirmed causes. Information only, not investment advice.

Was QCOM's earnings move already priced in?

Stocks often move in the weeks before a report. This compares that run-up with what happened after the report.

Avg move in the month before
-0.5%
last 12 reports
Higher before the report
50%
of the time
After a run-up of 3%+
Fell 75%
4 reports, avg +0.7%
After a drop of 3%+
Rose 25%
4 reports, avg -2.7%

“Month before” is the move over the 20 trading days up to the last close before the report. “Priced in” means the good news may already be in the price. A run-up of 5% or more is treated as large.

Before vs after each report

Grey: how the stock moved in the 20 trading days before the report. Green or red: how it moved the day after.

Past reports only: this shows what happened, not what will happen.

Does QCOM hold its opening gap after earnings?

A gap is how far the stock opens from the previous close. A gap fades when the stock gives back at least half of it by the end of the day.

In 12 reports QCOM opened at least 1% away from the previous close. It gave back half or more of that gap by the close 2 of 12 times (17%), and fully reversed 1 time. Gaps up faded 1 of 4; gaps down recovered 1 of 8.

  • Jul 29, 2026Faded
    Opened -5.9%, closed -2.6%
  • Apr 29, 2026Held
    Opened +10.3%, closed +15.1%
  • Feb 4, 2026Held
    Opened -10.7%, closed -8.5%
  • Nov 5, 2025Held
    Opened -1.1%, closed -3.6%
  • Jul 30, 2025Held
    Opened -3.7%, closed -7.7%
  • Apr 30, 2025Held
    Opened -6.5%, closed -8.9%
  • Feb 5, 2025Held
    Opened -4.6%, closed -3.7%
  • Nov 6, 2024Reversed
    Opened +4.2%, closed 0.0%

Gap = opening price vs the previous close. Close = the end of the first session that reflected the report. Reports without a clear opening time are left out.

What the history says

  • It fell after 8 of its 11 EPS beats (73%): beating estimates has not been enough on its own.

QCOM earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report dateTimeEPS est.EPS actualSurprise1-day move3-day move
Jul 29, 2026After close$2.23$2.21-0.9%-2.62%-2.64%
Apr 29, 2026After close$2.56$2.65+3.5%+15.12%+7.94%
Feb 4, 2026After close$3.40$3.50+2.9%-8.46%-6.69%
Nov 5, 2025After close$2.88$3.00+4.2%-3.63%-4.53%
Jul 30, 2025After close$2.71$2.77+2.2%-7.73%-7.26%
Apr 30, 2025After close$2.82$2.85+1.1%-8.93%-6.08%
Feb 5, 2025After close$2.99$3.41+14.0%-3.72%-2.56%
Nov 6, 2024After close$2.57$2.69+4.7%-0.05%-2.72%
Jul 31, 2024After close$2.26$2.33+3.1%-9.37%-12.71%
May 1, 2024After close$2.32$2.44+5.2%+9.74%+10.81%
Jan 31, 2024After close$2.37$2.75+16.0%-4.98%-3.02%
Nov 1, 2023After close$1.91$2.02+5.8%+5.83%+8.15%

Consensus for the next report: EPS $2.20, revenue $10.33B.

QCOM Earnings FAQ

Answers computed from QUALCOMM Incorporated's reported history

QCOM is scheduled to report on Nov 4, 2026, after the market closes. Analysts expect EPS of $2.20.

Over the last 12 quarters with a usable EPS surprise, QCOM beat the consensus estimate 11 times (92%), missed 1 and landed in line 0.

Across its last 12 quarters with a measured reaction, QCOM moved an average of ±6.7% in the first session after reporting. It closed higher 25% of the time; the largest gain was 15.1% and the largest drop -9.4%.

QCOM fell in the first session after 8 of its last 11 EPS beats (73%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 5 of the 8 of those falls where price data is available, the stock had already risen before the report.

Across its last 12 quarters with price data, QCOM moved an average of -0.5% in the 20 trading sessions before reporting and was higher in 50% of them. After a run-up of 3% or more (4 quarters), it fell the next day 75% of the time, averaging +0.7%. After a drop of 3% or more (4 quarters), it rose the next day 25% of the time, averaging -2.7%. This describes past reports; it is not a forecast.

In 12 reports QCOM opened at least 1% away from the previous close. It gave back half or more of that gap by the close 2 of 12 times (17%), and fully reversed once. A fade means the opening move was partly undone during the first session.

How we calculate these numbers

Reported EPS and estimates come from Yahoo Finance; report times, upcoming dates and revenue come from Finnhub. The 1-day move is the close-to-close change over the first session that reflects the report (the report-day close for after-close reports, the prior close for pre-market reports); reactions are left blank when the report time is unknown or looks inconsistent. The expected move is the price of the nearest at-the-money straddle that expires after the report divided by the share price, shown only when the quotes are liquid. Quarters where the two data sources disagree on beat versus miss are shown but never counted. Information only, not investment advice.