QCOM 8-K Current Reports
QUALCOMM INC/DE - 267 current reports
QUALCOMM INC/DE 8-K Report, Unregistered Securities Sale (Jun 24, 2026)
Qualcomm Incorporated (QCOM) announced a significant strategic move through an 8-K filing on June 24, 2026, detailing an agreement to acquire Modular Inc. This acquisition will be primarily financed through the issuance of up to 19.2 million shares of QCOM's common stock to Modular's equity owners. The transaction is structured as a private placement, leveraging exemptions under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D, indicating that registration with the SEC is not required for these shares. While the acquisition is expected to enhance Qualcomm's strategic position, investors should note the inherent risks and uncertainties associated with such transactions. The filing emphasizes that the completion of the acquisition is subject to customary closing conditions, and actual results could differ materially from expectations. Key factors influencing the outcome include the timing and ability to close the deal, potential impacts on Modular's business relationships, the achievement of projected benefits, and the possibility of unforeseen liabilities or purchase price adjustments that could affect the final share count.
QUALCOMM INC/DE 8-K Report, Financial Results (Apr 29, 2026)
Qualcomm Incorporated (QCOM) filed an 8-K on April 29, 2026, to report its financial results for the second quarter of fiscal year 2026. The core of the filing is a press release containing these results, which is furnished as an exhibit. Investors should note that the press release includes both GAAP and Non-GAAP financial measures. The company's management provides a reconciliation of these measures and explains why they believe the Non-GAAP figures offer valuable insights into Qualcomm's financial performance. While the 8-K itself does not provide specific financial figures, it directs stakeholders to the accompanying press release for detailed operational and financial condition updates. Investors are encouraged to review the full press release, paying close attention to the reconciliations provided, to gain a comprehensive understanding of the company's performance and its underlying drivers.
QUALCOMM INC/DE 8-K Report, Shareholder Vote Results (Mar 19, 2026)
Qualcomm Incorporated (QCOM) filed an 8-K on March 19, 2026, detailing the results of its 2026 Annual Meeting of Stockholders held on March 17, 2026. The meeting focused on seven proposals, all of which received overwhelming support from shareholders except for two specific stockholder proposals. Key among these results is the re-election of all director nominees, indicating continued confidence in the company's leadership and strategic direction. Furthermore, shareholders ratified the appointment of PricewaterhouseCoopers LLP as the independent public accountants for fiscal year 2026 and approved, on an advisory basis, the compensation of named executive officers. The company also received approval to amend and restate its 2023 Long-Term Incentive Plan, which includes an increase in the share reserve, signaling a continued focus on employee incentives. Importantly, two stockholder proposals concerning the ability to call special meetings and a report on China exposure were not approved, suggesting management's preferred approach on these matters prevailed.
QUALCOMM INC/DE 8-K Report, Financial Results (Feb 4, 2026)
Qualcomm Incorporated (QCOM) has filed an 8-K report on February 3, 2026, to announce its financial results for the first quarter of fiscal year 2026. The report primarily incorporates a press release issued on February 4, 2026, which details the company's performance. Investors should note that this release includes both GAAP (Generally Accepted Accounting Principles) and Non-GAAP financial measures, with a reconciliation provided for the Non-GAAP figures. Management believes these Non-GAAP measures offer additional valuable insights into the company's financial condition and operational results.
QUALCOMM INC/DE 8-K Report, Executive Changes (Jan 16, 2026)
Qualcomm Incorporated (QCOM) has announced a change to its Board of Directors. Christopher D. Young, a current board member, has informed the company of his decision to step down from the Board. This departure is effective as of the Company's 2026 Annual Meeting of Stockholders. Mr. Young's resignation is attributed to the significant time commitment required by his new executive role as Chief Executive Officer and a board member at Vertex, Inc. While this represents a change in board composition, it does not appear to be related to any operational or financial issues within Qualcomm itself. Investors should monitor the company's future announcements regarding the appointment of new directors to fill the vacancy.
QUALCOMM INC/DE 8-K Report, Executive Changes (Dec 16, 2025)
Qualcomm Inc. (QCOM) has disclosed that Kornelis (Neil) Smit will be retiring from its Board of Directors, effective at the company's 2026 Annual Meeting of Stockholders. Mr. Smit has served on the board for approximately eight years. While the departure of a board member is a routine event, investors may want to monitor the company's strategy for board refreshment and succession planning to ensure continued strong governance and oversight. The timing of this announcement, well in advance of the annual meeting, allows for a thoughtful transition and identification of a suitable replacement. This filing does not indicate any immediate operational or financial changes within Qualcomm. However, the composition of the board is a key factor for long-term strategic direction and corporate governance. Investors should look for future communications regarding the nomination and election of new directors to assess any potential shifts in the board's expertise or perspective. The company's commitment to a smooth transition for Mr. Smit's departure will be a point of interest.
QUALCOMM INC/DE 8-K Report, Bylaw Amendment (Dec 10, 2025)
Qualcomm Incorporated (QCOM) has filed an 8-K report detailing amendments to its corporate governance structure. Effective December 9, 2025, the Company's Board of Directors approved Amended and Restated Bylaws that grant stockholders holding at least 25% of net long ownership the ability to call a special meeting. This change empowers a significant minority shareholder group to convene special meetings, provided certain conditions regarding continuous ownership for at least one year and adherence to informational and timing requirements are met. This update to the bylaws is a significant governance change that could impact shareholder engagement and activism. Investors should note that while this provision lowers the threshold for calling special meetings compared to some other companies, it still requires a substantial ownership stake and adherence to procedural rules. The intent is to balance enhanced shareholder rights with operational efficiency, preventing undue disruption from multiple meetings.
QUALCOMM INC/DE 8-K Report, Financial Results (Nov 5, 2025)
QUALCOMM Incorporated (QCOM) has filed a Current Report on Form 8-K, primarily to announce its financial results for the fourth quarter and full fiscal year ended September 28, 2025. The report's core information is contained within a press release furnished as Exhibit 99.1, which details the company's performance and financial condition for the reported periods. Investors should refer to this press release for specific financial figures and management commentary. It is important for investors to note that the press release includes Non-GAAP financial measures. The filing explicitly states that these measures are presented alongside their most directly comparable GAAP counterparts, with reconciliations provided. Management believes these Non-GAAP figures offer useful insights, but they should be considered supplementary to, and not a replacement for, GAAP-based financial reporting. The 8-K itself does not contain detailed financial statements but directs readers to the attached press release for operational and financial condition details.
QUALCOMM INC/DE 8-K Report, Executive Changes (Sep 2, 2025)
QUALCOMM Incorporated announced a significant addition to its Board of Directors with the election of Dr. Jeremy (Zico) Kolter, a distinguished Professor and Department Head in Machine Learning at Carnegie Mellon University. This appointment, effective September 2, 2025, brings specialized expertise in a critical technological field that is increasingly relevant to Qualcomm's core businesses in mobile, automotive, and IoT. Dr. Kolter's appointment to the Board, as well as his concurrent inclusion on the Governance Committee, suggests a strategic focus by Qualcomm on strengthening its oversight and strategic direction in areas related to artificial intelligence and advanced computing. Investors should view this as a positive signal, indicating the company's commitment to staying at the forefront of technological innovation and ensuring robust governance structures are in place to support future growth and development. Dr. Kolter will receive standard compensation for his non-employee director role, including a pro-rata grant of deferred stock units.
QUALCOMM INC/DE 8-K Report, Executive Changes (Aug 25, 2025)
Qualcomm Inc. (QCOM) filed an 8-K on August 25, 2025, announcing a significant shift in its finance leadership. Neil Martin, formerly the Senior Vice President, Finance and Chief Accounting Officer, has moved to a new role as Senior Vice President, Corporate Development, where he will spearhead Mergers & Acquisitions and strategic initiatives. This transition is effective immediately, with Mr. Martin stepping down as Chief Accounting Officer. In a related move, Patricia Grech has been appointed as the new Senior Vice President and Chief Accounting Officer. Ms. Grech, who has an extensive background within Qualcomm's finance department since 2006, most recently served as Vice President, Finance and Controller. Her compensation package for this new role includes a base salary of $380,546, a target bonus of 35% of her base salary starting in fiscal year 2026, and a $85,000 restricted stock unit promotion grant, along with standard employee benefits.
QUALCOMM INC/DE 8-K Report, Financial Results (Jul 30, 2025)
Qualcomm Incorporated (QCOM) has filed a Form 8-K on July 29, 2025, to report its financial results for the third quarter of fiscal year 2025. The filing primarily serves to furnish a press release, dated July 30, 2025, which contains detailed financial performance information. Investors should refer to this press release for the company's operational and financial condition updates for the most recent quarter. It is important to note that the press release includes Non-GAAP financial measures. Qualcomm's management believes these Non-GAAP measures offer valuable insights to investors, supplementing the standard GAAP financial figures. The filing explicitly states that these Non-GAAP measures should be considered alongside, and not as a replacement for, GAAP-based financial results. Reconciliation tables and explanations for the use of Non-GAAP measures are expected to be provided within the furnished press release.
QUALCOMM INC/DE 8-K Report, Unregistered Securities Sale (Jun 9, 2025)
QUALCOMM Incorporated (QCOM) has announced a recommended acquisition of Alphawave IP Group plc (Alphawave) through its subsidiary Aqua Acquisition Sub LLC. The acquisition offers Alphawave shareholders a cash consideration of $2.48 per share. Alternatively, shareholders can elect to receive a mix of Qualcomm common stock or new exchangeable securities. The maximum potential issuance of Qualcomm shares in this transaction is estimated at 15,575,072, representing approximately 1.4% of Qualcomm's outstanding shares as of April 28, 2025. The issuance of these new Qualcomm shares will rely on an exemption from registration under the Securities Act of 1933, contingent upon UK High Court approval. This filing primarily serves to disclose the terms of the acquisition and the potential issuance of unregistered equity securities. Investors should note that the transaction is subject to various closing conditions and regulatory approvals. The forward-looking statements included highlight the inherent risks and uncertainties associated with such a transaction, including potential delays, the ability to complete the acquisition, and the integration of Alphawave's business.
QUALCOMM INC/DE 8-K Report, Material Agreement (May 22, 2025)
QUALCOMM Incorporated (QCOM) has filed an 8-K report detailing a significant debt financing transaction. The company has successfully issued and sold a total of $1.5 billion in aggregate principal amount of senior unsecured notes across three tranches: $500 million of 4.500% Notes due 2030, $400 million of 4.750% Notes due 2032, and $600 million of 5.000% Notes due 2035. This offering was conducted as a registered public offering under the company's existing shelf registration statement. The proceeds from this issuance are expected to bolster QUALCOMM's liquidity and support its ongoing operational and strategic initiatives. The notes are senior unsecured obligations, ranking equally with other existing senior debt. The filing outlines the interest rates, maturity dates, and semi-annual interest payment schedule. Standard covenants and events of default, including acceleration provisions for payment failures and bankruptcy events, are also detailed.
QUALCOMM INC/DE 8-K Report, Executive Changes (May 13, 2025)
Qualcomm Incorporated announced a significant addition to its Board of Directors with the election of Christopher D. Young, a former Executive Vice President from Microsoft Corporation. Mr. Young brings a wealth of experience from his previous role overseeing business development, strategy, and ventures, which is expected to be a valuable asset to Qualcomm's strategic direction and growth initiatives. His appointment, effective May 12, 2025, is for a term concluding at the next annual meeting, and he has also been appointed to the HR and Compensation Committee, indicating a direct role in executive compensation and human capital strategy.
QUALCOMM INC/DE 8-K Report, Financial Results (Apr 30, 2025)
Qualcomm Incorporated (QCOM) has filed an 8-K report on April 30, 2025, primarily to furnish its press release detailing financial results for the second quarter of fiscal year 2025. The press release, dated April 30, 2025, and filed as Exhibit 99.1, contains important information regarding the company's performance during the quarter ended April 29, 2025. Investors should refer to this press release for specific financial metrics, operational updates, and forward-looking statements. This filing highlights the company's adherence to disclosure standards by including both GAAP and Non-GAAP financial measures. Qualcomm's management believes that the presentation of Non-GAAP measures offers valuable insights into the company's ongoing operational performance and financial condition. Investors are encouraged to review these Non-GAAP figures alongside the standard GAAP reporting to gain a comprehensive understanding of Qualcomm's financial health and strategic direction.
QUALCOMM INC/DE 8-K Report, Shareholder Vote Results (Mar 20, 2025)
QUALCOMM Incorporated (QCOM) has filed an 8-K detailing the results of its 2025 Annual Meeting of Stockholders held on March 18, 2025. The meeting addressed five proposals, all of which passed with substantial support from shareholders, with the exception of a stockholder proposal regarding retirement benefits. The election of directors saw all nominees receive a strong majority of votes cast, indicating continued confidence in the current leadership. Additionally, shareholders ratified PricewaterhouseCoopers LLP as the independent public accountants for the upcoming fiscal year, approved executive compensation on an advisory basis, and authorized an increase in the share reserve for the company's long-term incentive plan.
QUALCOMM INC/DE 8-K Report, Financial Results (Feb 5, 2025)
QUALCOMM Incorporated (QCOM) has filed a Form 8-K, primarily to furnish its press release detailing financial results for the first quarter of fiscal year 2025. This filing, dated February 5, 2025, provides investors with the company's performance metrics and financial condition for the period ending February 4, 2025. Investors should refer to the furnished press release (Exhibit 99.1) for the specific financial figures and operational highlights. The press release incorporates both GAAP and Non-GAAP financial measures, with a reconciliation provided for Non-GAAP figures. Management believes these Non-GAAP measures offer valuable insights into the company's performance, supplementing the standard GAAP reporting. Investors are advised to review these Non-GAAP measures alongside GAAP results for a comprehensive understanding of QUALCOMM's financial health and operational outcomes during the reported quarter.
QUALCOMM INC/DE 8-K Report, Executive Changes (Dec 12, 2024)
Qualcomm Inc. (QCOM) announced a significant leadership transition within its technology division. Dr. James H. Thompson, the long-serving Chief Technology Officer (CTO), has announced his intention to retire from his CTO role effective February 3, 2025. This marks the end of an era for the company's technological direction under his leadership. However, Dr. Thompson will continue to contribute to Qualcomm in an advisory capacity, ensuring a smooth transition and continued support for key projects. Stepping into the leadership role, Dr. Baaziz Achour, currently Deputy CTO, has been appointed CTO-elect, effective immediately. Dr. Achour will formally assume the CTO position upon Dr. Thompson's retirement. Investors should monitor how this transition impacts Qualcomm's innovation pipeline and the execution of its future technology strategies under Dr. Achour's guidance.
QUALCOMM INC/DE 8-K Report, Financial Results (Nov 6, 2024)
Qualcomm Incorporated (QCOM) has filed an 8-K report on November 6, 2024, to announce its financial results for the fourth quarter and fiscal year ended September 29, 2024. The report primarily serves to furnish the company's earnings press release, which contains detailed financial performance information. Investors should note that the press release includes both GAAP and Non-GAAP financial measures, with reconciliations provided to ensure transparency and utility for analysis. Management believes the Non-GAAP measures offer valuable insights into the company's operational performance and financial condition. While the 8-K itself does not contain the specific financial figures, it directs investors to the furnished press release (Exhibit 99.1) for the comprehensive results. This filing is a standard procedure for publicly traded companies to promptly disseminate important financial updates to the market. Investors seeking details on QCOM's revenue, profitability, segment performance, and future outlook should refer to the accompanying press release.
QUALCOMM INC/DE 8-K Report, Executive Changes (Oct 9, 2024)
Qualcomm Incorporated announced a significant addition to its Board of Directors with the election of Marie Myers, the current Executive Vice President and Chief Financial Officer of Hewlett Packard Enterprise Company. Ms. Myers' appointment, effective October 8, 2024, brings her extensive financial and executive leadership experience to Qualcomm's strategic oversight. Her election to the Board and subsequent appointment to the Audit Committee are aimed at further strengthening the company's governance and financial scrutiny capabilities.
QUALCOMM INC/DE 8-K Report, Material Agreement (Aug 9, 2024)
QUALCOMM Incorporated (QCOM) announced on August 8, 2024, the execution of a new $4.0 billion senior unsecured revolving credit facility. This facility replaces its prior credit agreement and matures in August 2029. The new credit line offers flexibility for general corporate purposes, including working capital and capital expenditures, and can be drawn in various currencies. This refinancing demonstrates QCOM's proactive approach to managing its liquidity and financial flexibility. While the company has not drawn on the facility as of the filing date, its availability provides a strong backstop for operational needs and strategic initiatives. The terms are largely customary, with interest rates tied to SOFR or a Base Rate plus an initial margin, and a facility fee that will adjust based on the company's credit ratings. Importantly, the agreement includes covenants that require QCOM to maintain a minimum interest coverage ratio, ensuring a degree of financial discipline.
QUALCOMM INC/DE 8-K Report, Financial Results (Jul 31, 2024)
Qualcomm Incorporated (QCOM) filed an 8-K on July 31, 2024, primarily to furnish its press release announcing financial results for the third quarter of fiscal year 2024. The report indicates that the company is providing both GAAP and Non-GAAP financial measures, with a reconciliation of these figures and management's rationale for presenting Non-GAAP measures as being useful for investors. Investors should review the furnished press release for detailed financial performance, trends, and forward-looking statements.
QUALCOMM INC/DE 8-K Report, Regulation FD Disclosure (May 9, 2024)
Qualcomm Incorporated (QCOM) has announced a material event impacting its relationship with Huawei. On May 7, 2024, the U.S. Department of Commerce revoked Qualcomm's license to export 4G and certain other integrated circuit products, including Wi-Fi components, to Huawei Device Co., Ltd. and its affiliates, effective immediately. This action preempts Qualcomm's prior expectation of not receiving product revenues from Huawei beyond the current calendar year, effectively accelerating the cessation of these sales. Despite this significant regulatory development and the immediate cessation of exports, Qualcomm has stated that it is not changing its financial guidance for the third quarter of fiscal year 2024. This suggests that the revenue impact from Huawei was already factored into their forward-looking statements to a degree that does not necessitate an update to their guidance. Investors should monitor future filings for any long-term implications or adjustments to guidance as the company navigates this change and potential broader geopolitical influences on its business.
QUALCOMM INC/DE 8-K Report, Financial Results (May 1, 2024)
Qualcomm Incorporated (QCOM) has filed an 8-K report on May 1, 2024, to furnish a press release detailing its financial results for the second quarter of fiscal year 2024, which concluded on April 30, 2024. The filing primarily serves as a notification of the release of this earnings information and does not contain new material events beyond the financial results themselves. Investors should refer to the furnished press release (Exhibit 99.1) for specific details on performance, as the 8-K itself is largely procedural in this instance.
QUALCOMM INC/DE 8-K Report, Shareholder Vote Results (Mar 7, 2024)
Qualcomm Incorporated (QCOM) filed an 8-K report detailing the results of its 2024 Annual Meeting of Stockholders held on March 5, 2024. The report indicates that all six proposals presented to shareholders were approved. Key among these approvals were the election of all director nominees, the ratification of PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2024, and the advisory approval of executive compensation. Of particular note for long-term investors are the approvals related to equity compensation and governance. The stockholders approved an amendment to the 2023 Long-Term Incentive Plan, which includes an increase in the share reserve by 15 million shares, signaling continued reliance on stock-based compensation to incentivize management and employees. Furthermore, two significant amendments to the company's foundational documents were passed: one to the Certificate of Incorporation to align with new Delaware law provisions for officer exculpation, and another to the Bylaws to mandate that claims under the Securities Act be brought in federal court. These governance changes aim to enhance legal protections and streamline legal proceedings.
QUALCOMM INC/DE 8-K Report, Financial Results (Jan 31, 2024)
Qualcomm Inc. (QCOM) has filed an 8-K report on January 31, 2024, to furnish a press release detailing its financial results for the first quarter of fiscal year 2024, which ended on January 30, 2024. While the filing itself does not contain the detailed financial figures, it directs investors to the accompanying press release (Exhibit 99.1) for comprehensive information on the company's performance. Investors should review this press release for specific revenue, earnings, and segment performance data. The company's disclosure highlights the use of both GAAP and Non-GAAP financial measures. Management believes that the Non-GAAP measures provide valuable insights into the company's operational performance and financial condition. It is important for investors to examine the reconciliation provided within the press release to understand how these Non-GAAP figures are derived from their GAAP counterparts and to consider them in conjunction with, not as a replacement for, GAAP reporting.
QUALCOMM INC/DE 8-K Report, Executive Changes (Jan 23, 2024)
Qualcomm Incorporated (QCOM) announced a significant internal leadership change through an 8-K filing on January 22, 2024. Akash Palkhiwala, who has served as the Chief Financial Officer (CFO) since November 2019, has been appointed to concurrently serve as the Chief Operating Officer (COO). This dual role means Mr. Palkhiwala will now oversee not only financial operations but also the global go-to-market organization and overall operations of the company. This appointment, effective immediately, reflects a strategic move by the Board of Directors to consolidate key operational and financial leadership under one executive. In conjunction with this promotion, Mr. Palkhiwala will receive an adjusted compensation package, including a $150,000 annual base salary increase and equity awards valued at $3,000,000, underscoring the company's confidence in his expanded responsibilities. Investors should view this as a sign of strong leadership continuity and potentially a push for greater operational efficiency and market execution.
QUALCOMM INC/DE 8-K Report, Financial Results (Nov 1, 2023)
Qualcomm Inc. (QCOM) filed an 8-K on November 1, 2023, to report its financial results for the fourth quarter and fiscal year ended September 24, 2023. The filing primarily references a press release (Exhibit 99.1) which contains the detailed financial information. Investors should note that the press release includes both GAAP and Non-GAAP financial measures, with reconciliations provided. Management believes the Non-GAAP measures offer useful insights, but they should be considered alongside GAAP figures and not as a substitute. While the 8-K itself is procedural, the attached press release is the key source of information for understanding Qualcomm's recent performance. Investors will need to refer to Exhibit 99.1 for specifics on revenue, earnings, segment performance (e.g., Handsets, Automotive, IoT), and future outlook. The company's commentary within the press release regarding market conditions, strategic initiatives, and guidance will be crucial for assessing its trajectory.
QUALCOMM INC/DE 8-K Report, Financial Results (Aug 2, 2023)
QUALCOMM Incorporated (QCOM) filed an 8-K on August 2, 2023, primarily to report its financial results for the third quarter of fiscal 2023. The core of this filing is the press release furnished as Exhibit 99.1, which details the company's performance. Investors should review this press release for specific revenue, earnings, and segment performance data, as well as management's commentary on current market conditions and future outlook. The filing also emphasizes the use of both GAAP and Non-GAAP financial measures. While GAAP measures provide the standard accounting view, the company's management believes Non-GAAP measures offer valuable insights into ongoing operational performance by excluding certain items. Investors are advised to examine both sets of figures and the provided reconciliations to gain a comprehensive understanding of QCOM's financial health and operational effectiveness during the reported quarter.
QUALCOMM INC/DE 8-K Report, Bylaw Amendment (Jul 21, 2023)
QUALCOMM Incorporated (QCOM) filed an 8-K on July 20, 2023, to report on amendments to its Bylaws, effective July 18, 2023. The most significant changes relate to the procedural mechanics and disclosure requirements for director nominations submitted by stockholders. These updates are primarily driven by the implementation of Rule 14a-19 under the Securities Exchange Act of 1934, which mandates the use of 'universal' proxy cards in contested director elections. These amendments require stockholders seeking to nominate directors to provide specific representations about their solicitation activities, submit questionnaires, and adhere to updated notification protocols regarding any changes in their intentions. The changes also clarify the treatment of stockholder votes in cases involving disqualified or withdrawn nominees and update procedures for stockholder lists in accordance with recent changes to Delaware General Corporation Law. Investors should note that these changes are technical in nature, aimed at ensuring compliance and streamlining processes related to corporate governance and shareholder engagement.
QUALCOMM INC/DE 8-K Report, Financial Results (May 3, 2023)
QUALCOMM Incorporated (QCOM) filed an 8-K on May 3, 2023, to report its financial results for the second quarter of fiscal year 2023. The key information is contained within the press release furnished as Exhibit 99.1, which details the company's performance and financial condition for the period ending May 2, 2023. Investors should refer to this press release for specific operational and financial figures, as the 8-K filing itself primarily serves as a notification of the press release's issuance.
QUALCOMM INC/DE 8-K Report, Shareholder Vote Results (Mar 9, 2023)
QUALCOMM Incorporated (QCOM) filed an 8-K on March 8, 2023, reporting the results of its 2023 Annual Meeting of Stockholders held on March 8, 2023. The meeting addressed four key proposals, all of which were approved by shareholders. Notably, all director nominees were elected with strong affirmative votes, and the company's selection of PricewaterhouseCoopers LLP as its independent registered public accounting firm for the fiscal year ending September 24, 2023, was ratified. Furthermore, shareholders approved the QUALCOMM Incorporated 2023 Long-Term Incentive Plan, indicating support for management's strategy to incentivize and retain key talent. The compensation of named executive officers was also approved on an advisory basis, reflecting shareholder confidence in the company's executive compensation practices. Overall, the meeting's outcomes suggest a high level of shareholder alignment with the company's governance and strategic direction.
QUALCOMM INC/DE 8-K Report, Financial Results (Feb 2, 2023)
Qualcomm Incorporated (QCOM) filed an 8-K on February 2, 2023, to report its financial results for the first quarter of fiscal year 2023. The filing primarily consists of a press release detailing these results, which is furnished as an exhibit. Investors should note that the press release includes both GAAP and non-GAAP financial measures, with the company providing reconciliations and management's rationale for the presentation of non-GAAP figures, emphasizing their utility for understanding financial condition and operational results. The non-GAAP measures are intended to supplement, not replace, GAAP measures.
QUALCOMM INC/DE 8-K Report, Executive Changes (Dec 8, 2022)
QUALCOMM INC/DE (QCOM) filed an 8-K on December 7, 2022, primarily announcing significant changes within its principal accounting officer role. Erin Polek, the current Senior Vice President, Corporate Controller, and Chief Accounting Officer, has announced her retirement. Ms. Polek stepped down from her immediate responsibilities on December 8, 2022, but will continue with the company in an employee capacity to ensure a seamless transition of her duties. Concurrently, the company has appointed Neil Martin as the new Senior Vice President and Chief Accounting Officer, also effective December 8, 2022. Mr. Martin has a long tenure with Qualcomm, having held various finance and leadership positions since 2001, most recently as Senior Vice President, Finance for Qualcomm Technologies, Inc. This leadership transition in a critical financial role is designed to maintain operational continuity and financial oversight within the organization.
QUALCOMM INC/DE 8-K Report, Material Agreement (Nov 9, 2022)
Qualcomm Incorporated (QCOM) has filed an 8-K report detailing a significant debt financing transaction. On November 9, 2022, the company executed an Officers' Certificate related to an Indenture, formalizing the sale of $700 million in 5.400% Notes due 2033 and $1.2 billion in 6.000% Notes due 2053. This issuance of $1.9 billion in aggregate principal amount of senior unsecured notes aims to raise capital, with the specific use of proceeds not detailed in this particular filing but generally for corporate purposes. The notes are subject to customary covenants and events of default as outlined in the Indenture. The company also entered into an Underwriting Agreement on November 7, 2022, with several major financial institutions for this registered public offering, conducted under an existing shelf registration statement. This action indicates Qualcomm's proactive management of its capital structure to fund its ongoing operations and strategic initiatives.
QUALCOMM INC/DE 8-K Report, Financial Results (Nov 2, 2022)
Qualcomm Incorporated (QCOM) filed an 8-K on November 2, 2022, to announce its financial results for the fourth quarter and full fiscal year ended September 25, 2022. The key information for investors is contained within the furnished press release (Exhibit 99.1), which details the company's performance. Investors should note that the press release includes both GAAP and Non-GAAP financial measures, with the company providing reconciliations and management's rationale for using these non-GAAP figures to offer a more insightful view of their financial condition and operational results. The Non-GAAP measures should be considered supplementary to, not a replacement for, GAAP figures.
QUALCOMM INC/DE 8-K Report, Financial Results (Jul 27, 2022)
Qualcomm Incorporated (QCOM) filed an 8-K on July 27, 2022, to report its financial results for the third quarter of fiscal year 2022. The filing includes a press release detailing these results, which is incorporated by reference. Investors should note that the press release contains both GAAP (Generally Accepted Accounting Principles) and Non-GAAP financial measures. Qualcomm's management believes that the Non-GAAP measures provide additional useful insights into the company's financial performance and condition, alongside the standard GAAP reporting. A reconciliation between these measures and their GAAP equivalents is provided in the press release, allowing for a comprehensive view of the company's performance.
QUALCOMM INC/DE 8-K Report, Material Agreement (May 9, 2022)
Qualcomm Incorporated has filed an 8-K report to announce the successful issuance of $1.5 billion in senior unsecured notes. The offering comprises $500 million in 4.250% notes due 2032 and $1.0 billion in 4.500% notes due 2052. These notes are senior unsecured obligations and rank equally with Qualcomm's other senior debt. The proceeds from this issuance will be used to finance the company's operations and general corporate purposes, reflecting Qualcomm's continued access to capital markets to support its growth and strategic initiatives. The company has entered into an underwriting agreement with several major financial institutions, including BofA Securities, Citigroup Global Markets, Goldman Sachs & Co., and J.P. Morgan Securities. This filing provides details on the terms of the notes, including interest rates, maturity dates, and covenants, as well as the standard events of default. This debt issuance is a strategic move to manage its capital structure and fund its ongoing business activities.
QUALCOMM INC/DE 8-K Report, Financial Results (Apr 27, 2022)
Qualcomm Inc. (QCOM) filed an 8-K on April 27, 2022, to report its financial results for the second quarter of fiscal year 2022. The filing primarily consists of a press release containing these results, which investors should review for detailed operational and financial performance information. The company emphasized that the press release includes both GAAP and Non-GAAP financial measures, with explanations provided for the usefulness of Non-GAAP measures. Investors are advised to consider these Non-GAAP measures alongside, not as a replacement for, GAAP figures.
QUALCOMM INC/DE 8-K Report, Shareholder Vote Results (Mar 14, 2022)
Qualcomm Incorporated (QCOM) filed an 8-K report on March 13, 2022, detailing the outcomes of its 2022 Annual Meeting of Stockholders held on March 9, 2022. The primary focus of the filing is the voting results on three key proposals: the election of directors, the ratification of PricewaterhouseCoopers LLP as the independent public accountant, and an advisory vote on executive compensation. All director nominees were successfully elected, receiving strong support from shareholders. Additionally, shareholders overwhelmingly ratified the appointment of PricewaterhouseCoopers LLP for the fiscal year ending September 25, 2022, indicating confidence in the company's financial oversight. The advisory vote to approve the compensation of named executive officers also passed, reflecting shareholder approval of the company's executive pay practices. These outcomes suggest a generally stable and supportive shareholder base for Qualcomm's leadership and corporate governance.
QUALCOMM INC/DE 8-K Report, Financial Results (Feb 2, 2022)
Qualcomm Inc. (QCOM) filed an 8-K on February 2, 2022, to report its financial results for the first quarter of fiscal 2022. The filing primarily incorporates by reference a press release issued on the same day, which details the company's financial performance and operational highlights. Investors should refer to this press release for specific financial figures and management commentary regarding the quarter's outcomes. The press release includes both GAAP and Non-GAAP financial measures, with reconciliations provided. Management believes the Non-GAAP measures offer valuable insights into the company's performance, supplementing the standard GAAP reporting. This approach aims to provide a clearer understanding of Qualcomm's operational efficiency and financial health, enabling investors to make more informed decisions.
QUALCOMM INC/DE 8-K Report, Financial Results (Nov 3, 2021)
Qualcomm Incorporated (QCOM) filed an 8-K on November 2, 2021, to announce its financial results for the fourth quarter and full fiscal year ended September 26, 2021. The key takeaway from this filing is the release of their earnings press release, which provides detailed financial performance information. Investors should refer to the furnished press release (Exhibit 99.1) for the most comprehensive understanding of QCOM's operational and financial condition during this period. The press release includes both GAAP and Non-GAAP financial measures. The company's management believes that presenting Non-GAAP measures offers valuable insights for investors, providing an alternative view of financial performance. Investors are encouraged to review these Non-GAAP measures alongside the standard GAAP figures and understand the reconciliation provided by the company to fully assess Qualcomm's financial health and operational achievements.
QUALCOMM INC/DE 8-K Report, Material Agreement (Oct 4, 2021)
Qualcomm Incorporated announced on October 4, 2021, its entry into a definitive Merger Agreement to acquire Veoneer, Inc. This strategic move involves a two-step process: first, an acquisition of Veoneer by SSW HoldCo LP and SSW Merger Sub Corp, followed by Qualcomm's subsequent acquisition of Veoneer's Arriver business (an autonomous driving technology division). The transaction values each share of Veoneer common stock at $37.00 in cash, representing a significant premium. This acquisition aligns with Qualcomm's strategy to enhance its automotive technology offerings and solidify its position in the growing autonomous driving market.
QUALCOMM INC/DE 8-K Report, Financial Results (Jul 28, 2021)
Qualcomm Incorporated (QCOM) announced its financial results for the third quarter of fiscal year 2021 via a press release filed on July 28, 2021. The report primarily serves to furnish this press release as an exhibit, which contains the company's operational and financial performance details. Investors should note that the press release includes both GAAP and Non-GAAP financial measures, with the company providing reconciliations and management's rationale for using these Non-GAAP figures. The Non-GAAP measures are intended to offer additional useful insights alongside the standard GAAP reporting. While the 8-K itself is a notification and furnishing document, the core financial information for investors resides within the attached press release (Exhibit 99.1). Investors are encouraged to review this press release for specific revenue, earnings, and segment performance data, as well as any forward-looking guidance provided by Qualcomm's management. The inclusion of these financial results is a key event for understanding the company's current financial health and future outlook.
QUALCOMM INC/DE 8-K Report, Bylaw Amendment (Jul 23, 2021)
Qualcomm Incorporated (QCOM) filed an 8-K on July 22, 2021, primarily to report amendments to its Amended and Restated Bylaws. These changes, effective July 20, 2021, are largely administrative and designed to align the company's governance with recent updates to Delaware law. Key adjustments include allowing for remote meetings of stockholders and directors, enabling electronic mail notification to stockholders, and updating officer titles. Furthermore, the amendments clarify indemnification authority for junior officers and employees, incorporate gender-neutral language, and remove obsolete provisions. While these changes do not represent a significant shift in operational strategy or financial performance, they reflect Qualcomm's commitment to maintaining compliant and modern corporate governance practices. Investors should note that these are procedural updates rather than material events impacting the company's core business or financial outlook.
QUALCOMM INC/DE 8-K Report, Executive Changes (May 21, 2021)
Qualcomm Inc. (QCOM) filed an 8-K report on May 21, 2021, detailing an update regarding its leadership transition. Cristiano R. Amon, who was previously appointed CEO-elect, has now been elected to the Board of Directors, effective June 30, 2021. This coincides with the retirement of current CEO Steve Mollenkopf on the same date, at which point Mr. Amon will formally assume the CEO and President roles. This filing clarifies Mr. Amon's formal integration into the Board ahead of his CEO transition. Notably, his directorship will not involve additional compensation or committee assignments, and the company has stated there are no arrangements dictating his selection as a director. The report also addresses a potential related-party disclosure concerning Mr. Amon's brother, Rogerio Amon, a Vice President at a subsidiary, affirming that the relationship is not considered material to either individual or the company.
QUALCOMM INC/DE 8-K Report, Financial Results (Apr 28, 2021)
Qualcomm Inc. (QCOM) filed an 8-K on April 28, 2021, to report its financial results for the second quarter of fiscal year 2021. The filing primarily directs investors to a press release (Exhibit 99.1) which contains detailed financial information, including both GAAP and Non-GAAP measures. This press release is the key source of information regarding the company's performance during the reported quarter, outlining its revenue, profitability, and other key financial metrics. Investors should note that the press release includes Non-GAAP financial measures, which are presented to provide additional insights alongside the standard GAAP figures. The company emphasizes that these Non-GAAP measures are intended to supplement, not replace, GAAP reporting and are believed by management to offer a more useful view of Qualcomm's financial condition and operational results. For a comprehensive understanding, it is essential to review the full press release and the accompanying reconciliations between GAAP and Non-GAAP figures.
QUALCOMM INC/DE 8-K Report, Shareholder Vote Results (Mar 15, 2021)
This 8-K filing from QUALCOMM INC/DE (QCOM), filed on March 15, 2021, reports the results of its 2021 Annual Meeting of Stockholders held on March 10, 2021. The meeting covered three key proposals, all of which received overwhelming approval from shareholders. The primary focus for investors lies in the overwhelmingly positive outcomes of these votes, indicating strong shareholder confidence in the company's board of directors and its compensation policies.
QUALCOMM INC/DE 8-K Report, Financial Results (Feb 3, 2021)
Qualcomm Incorporated (QCOM) has filed an 8-K report on February 3, 2021, to announce its financial results for the first quarter of fiscal year 2021. The filing primarily consists of a press release detailing these results, which is furnished as an exhibit. Investors should note that the press release includes both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures. The company provides reconciliations and explanations for the use of non-GAAP measures, asserting their usefulness for understanding financial condition and operational results. Investors are advised to consider these non-GAAP measures alongside, but not as a replacement for, GAAP-based figures.
QUALCOMM INC/DE 8-K Report, Material Agreement (Jan 13, 2021)
Qualcomm Inc. (QCOM) announced the entry into a Material Definitive Agreement through its subsidiary, Qualcomm Technologies, Inc. (QTI), to acquire NuVia, Inc. for an aggregate cash consideration of approximately $1.4 billion, subject to working capital and net cash adjustments. This strategic acquisition is designed to enhance Qualcomm's capabilities in the server and high-performance computing markets. The transaction involves the merger of QTI's subsidiary, Nile Acquisition Corporation, with NuVia, with NuVia continuing as a wholly-owned subsidiary of Qualcomm. This move signals Qualcomm's commitment to expanding its technology portfolio and competitive positioning beyond its traditional mobile markets.