QUALCOMM (QCOM) Q3 FY26 earnings call

Qualcomm reported strong Q3 FY26 results, driven by record automotive revenue and significant growth in IoT, underscoring the success of its diversification strategy. The company is actively addressing short-term gross margin pressures from rising input costs through price increases, while navigating a challenging handset market. With strategic investments in data center and AI, Qualcomm anticipates an inflection in non-handset revenues to drive future growth.