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.↗ source
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