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Qualcomm vs Ubiquiti: revenue, profit, margins and growth compared

Qualcomm brought in $44.3B of revenue in fiscal 2025, Ubiquiti $3.3B in fiscal 2026. Revenue changed by +13.7% at Qualcomm and +27.2% at Ubiquiti on the year before, so Ubiquiti grew faster. Qualcomm kept 12.5% of its revenue as net profit, Ubiquiti 29.3%. Free cash flow was $12.8B at Qualcomm and $908.9M at Ubiquiti.

Side by side, latest fiscal year

QCOMUI
Fiscal year endedFY2025 (September 28, 2025)FY2026 (June 30, 2026)
Revenue$44.3B$3.3B
Revenue growth+13.7%+27.2%
Net income$5.5B$960.3M
Net margin12.5%29.3%
Free cash flow$12.8B$908.9M
Free cash flow margin28.9%27.8%
Earnings per share (diluted)$5.01$15.85
Cash$5.5B$522.6M
Debt$14.8Bn/a
Price to earnings40.335.4
Market value$212.1B$33.9B
Dividend yield1.72%0.57%
Rank by revenue in sector#17 of 530 · Technology#114 of 530 · Technology

Over the years

Revenue
QCOM FY2018: $22.6BQCOM FY2019: $24.3BQCOM FY2020: $23.5BQCOM FY2021: $33.6BQCOM FY2022: $44.2BQCOM FY2023: $35.8BQCOM FY2024: $39BQCOM FY2025: $44.3BUI FY2019: $1.2BUI FY2020: $1.3BUI FY2021: $1.9BUI FY2022: $1.7BUI FY2023: $1.9BUI FY2024: $1.9BUI FY2025: $2.6BUI FY2026: $3.3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
QCOM $44.3BUI $3.3B
Net income
QCOM FY2018: -$5BQCOM FY2019: $4.4BQCOM FY2020: $5.2BQCOM FY2021: $9BQCOM FY2022: $12.9BQCOM FY2023: $7.2BQCOM FY2024: $10.1BQCOM FY2025: $5.5BUI FY2019: $322.7MUI FY2020: $380.3MUI FY2021: $616.6MUI FY2022: $378.7MUI FY2023: $407.6MUI FY2024: $350MUI FY2025: $711.9MUI FY2026: $960.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
QCOM $5.5BUI $960.3M
Net margin
QCOM FY2018: -22.0%QCOM FY2019: 18.1%QCOM FY2020: 22.1%QCOM FY2021: 26.9%QCOM FY2022: 29.3%QCOM FY2023: 20.2%QCOM FY2024: 26.0%QCOM FY2025: 12.5%UI FY2019: 27.8%UI FY2020: 29.6%UI FY2021: 32.5%UI FY2022: 22.4%UI FY2023: 21.0%UI FY2024: 18.1%UI FY2025: 27.7%UI FY2026: 29.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
QCOM 12.5%UI 29.3%
Revenue growth
QCOM FY2019: +7.4%QCOM FY2020: -3.1%QCOM FY2021: +42.6%QCOM FY2022: +31.7%QCOM FY2023: -19.0%QCOM FY2024: +8.8%QCOM FY2025: +13.7%UI FY2020: +10.6%UI FY2021: +47.8%UI FY2022: -10.9%UI FY2023: +14.7%UI FY2024: -0.6%UI FY2025: +33.4%UI FY2026: +27.2%FY19FY20FY21FY22FY23FY24FY25FY26
QCOM +13.7%UI +27.2%
Free cash flow
QCOM FY2018: $3.1BQCOM FY2019: $6.4BQCOM FY2020: $4.4BQCOM FY2021: $8.6BQCOM FY2022: $6.8BQCOM FY2023: $9.8BQCOM FY2024: $11.2BQCOM FY2025: $12.8BUI FY2019: $207.6MUI FY2020: $429.7MUI FY2021: $593.7MUI FY2022: $356.8MUI FY2023: -$166.4MUI FY2024: $529.5MUI FY2025: $627.4MUI FY2026: $908.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
QCOM $12.8BUI $908.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Qualcomm and Ubiquiti

Which is bigger by revenue, Qualcomm or Ubiquiti?

Qualcomm is bigger by revenue: $44.3B in fiscal 2025, against $3.3B for Ubiquiti in fiscal 2026.

Which keeps more of its revenue as profit, Qualcomm or Ubiquiti?

Qualcomm had a net margin of 12.5% in fiscal 2025; Ubiquiti had 29.3% in fiscal 2026.

Which grew revenue faster, Qualcomm or Ubiquiti?

In their latest fiscal years revenue changed by +13.7% at Qualcomm and +27.2% at Ubiquiti.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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