Qualcomm Incorporated (QCOM) — Tangible Net Worth Ratio

Latest as of March 2026: 94.2%

Qualcomm Incorporated (QCOM) has a Tangible Net Worth Ratio of 94.2% as of March 2026. This metric is calculated by deducting intangible assets ($1.57 Billion) from net assets ($27.28 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Qualcomm Incorporated (QCOM) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

94.2%
Tangible equity / total equity

Net Assets (Equity)

$27.28 Billion
USD

Intangible Assets

$1.57 Billion
Goodwill, patents, brand value

Total Assets

$57.14 Billion
USD

Qualcomm Incorporated Tangible Net Worth Ratio (1990–2025)

This chart shows how Qualcomm Incorporated's Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 94.2%, reflecting net assets of $27.28 Billion with intangible assets of $1.57 Billion USD. See Qualcomm Incorporated liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Qualcomm Incorporated (1990–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Qualcomm Incorporated from 1990 to 2025, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Qualcomm Incorporated stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 94.6% $21.21 Billion $1.15 Billion $50.14 Billion ▼ -0.7 pp
2024 95.3% $26.27 Billion $1.24 Billion $55.15 Billion ▲ +1.8 pp
2023 93.5% $21.58 Billion $1.41 Billion $51.04 Billion ▲ +3.9 pp
2022 89.6% $18.01 Billion $1.88 Billion $49.01 Billion ▲ +4.2 pp
2021 85.3% $9.95 Billion $1.46 Billion $41.24 Billion ▲ +12.5 pp
2020 72.8% $6.08 Billion $1.65 Billion $35.59 Billion ▲ +17.0 pp
2019 55.8% $4.91 Billion $2.17 Billion $32.96 Billion ▲ +274.2 pp
2018 -218.4% $928.00 Million $2.96 Billion $32.69 Billion ▼ -306.3 pp
2017 87.8% $30.75 Billion $3.74 Billion $65.49 Billion ▼ -1.1 pp
2016 89.0% $31.77 Billion $3.50 Billion $52.36 Billion ▲ +0.9 pp
2015 88.1% $31.41 Billion $3.74 Billion $50.80 Billion ▼ -5.3 pp
2014 93.4% $39.17 Billion $2.58 Billion $48.57 Billion ▲ +0.5 pp
2013 92.9% $36.09 Billion $2.55 Billion $45.52 Billion ▲ +1.7 pp
2012 91.2% $33.55 Billion $2.94 Billion $43.01 Billion ▲ +2.7 pp
2011 88.5% $26.97 Billion $3.10 Billion $36.42 Billion ▲ +3.0 pp
2010 85.5% $20.86 Billion $3.02 Billion $30.57 Billion ▲ +0.6 pp
2009 84.9% $20.32 Billion $3.06 Billion $27.45 Billion ▲ +2.2 pp
2008 82.7% $17.94 Billion $3.10 Billion $24.56 Billion ▼ -4.7 pp
2007 87.4% $15.84 Billion $1.99 Billion $18.50 Billion ▼ 0.0 pp
2006 87.5% $13.41 Billion $1.68 Billion $15.21 Billion ▼ -7.4 pp
2005 94.9% $11.12 Billion $571.00 Million $12.48 Billion ▼ -1.5 pp
2004 96.3% $9.66 Billion $356.00 Million $10.82 Billion ▲ +0.9 pp
2003 95.4% $7.60 Billion $346.46 Million $8.82 Billion ▲ +1.8 pp
2002 93.7% $5.44 Billion $344.80 Million $6.51 Billion ▲ +5.6 pp
2001 88.0% $4.90 Billion $585.05 Million $5.75 Billion ▲ +2.8 pp
2000 85.2% $5.56 Billion $821.83 Million $6.06 Billion ▼ -14.8 pp
1999 100.0% $3.58 Billion $0.00 $4.53 Billion ▲ +0.0 pp
1998 100.0% $1.66 Billion $0.00 $2.57 Billion ▲ +0.0 pp
1997 100.0% $1.68 Billion $0.00 $2.27 Billion ▲ +0.0 pp
1996 100.0% $844.90 Million $0.00 $1.19 Billion ▲ +0.0 pp
1995 100.0% $799.60 Million $0.00 $940.70 Million ▲ +0.0 pp
1994 100.0% $262.20 Million $0.00 $357.90 Million ▲ +0.0 pp
1993 100.0% $236.70 Million $0.00 $306.60 Million ▲ +0.0 pp
1992 100.0% $68.80 Million $0.00 $108.30 Million ▲ +0.0 pp
1991 100.0% $2.60 Million $0.00 $41.60 Million ▲ +0.0 pp
1990 100.0% $9.10 Million $0.00 $32.50 Million
pp = percentage points