IoT
Grew 9% year over year to $1.83B in fiscal Q3 2026.
The numbers
IoT revenue$1.83BQ3 FY2026 · +9% YoY · source ↗
What it is
Chips for consumer devices, industrial equipment, PCs and edge networking, sold as one of QCT's three revenue categories with handsets and automotive.
Why it matters to the stock. IoT revenue is larger than automotive in the current quarter and has steadier demand than handsets.
News
Qualcomm sets fiscal 2029 targets of $40B non-handset and over $15B data-center revenue
At its 2026 Investor Day, Qualcomm set fiscal 2029 targets of $40 billion in non-handset revenue and more than $15 billion in data-center revenue.
Guidance
Qualcomm beats on fiscal Q1 2026 but guides March quarter well below Street
Qualcomm reported fiscal first-quarter revenue of $12.25 billion, up 5% year over year, and non-GAAP EPS of $3.50.
Earnings