Qualcomm
QCOMQ1 2025Estimated3% AI
AI Revenue %
3%
AI Fair Value
$2.3B
AI Revenue (Q)
$298.1M
Total Revenue (Q)
$9.9B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 FY2025 (Dec 2024 quarter). Total revenue $11,669M. QCT $10,084M (Handsets $7,574M, Automotive $961M, IoT $1,549M), QTL $1,535M, nonreportable $50M. QCT revenue up 20% YoY driven by all three sub-segments. Snapdragon 8 Elite launched with significantly enhanced on-device AI (multimodal generative AI). Automotive ADAS/AD growing rapidly (auto revenue up 61% YoY). Copilot+ AI PCs contributing to IoT. Math: Handsets ~3.5% ($7,574M * 0.035 = $265M) + Auto ADAS AI ~$192M ($961M * 0.20, reflecting growing ADAS/AD share of auto revenue) + IoT AI ~$93M ($1,549M * 0.06, reflecting AI PC growth) + cloud/data center ~$10M = ~$350M. $350M / $11,669M = ~3.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Handsets $7,574M, Automotive $961M, IoT $1,549M
10-Q Note 2 Revenue Disaggregation, period ended December 29, 2024
QCT revenues increased by 20% in the first quarter of fiscal 2025 compared to the year ago quarter, due to higher handsets, IoT and automotive revenues
10-Q Item 2 MD&A, period ended December 29, 2024
nonreportable segments, including QGOV (Qualcomm Government Technologies) and our cloud computing processing initiative
10-Q Note 6 Segment Information, period ended December 29, 2024
AI Products Identified (Ring 1)
Snapdragon 8 Elite (Hexagon NPU, on-device generative AI)Snapdragon X Elite/Plus (AI PC)Arriver ADAS/ADCloud computing processing (nonreportable)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
RFFE componentsSnapdragon compute platformAutomotive connectivity/digital cockpitIoT consumer/industrial/edge networking
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix