| Stage | MSI | % of rev | QCOM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.1B | 100.00% | $9.9B | 100.00% | QCOM ×3.17 |
| Gross profit | $1.7B | 53.56% | $5.3B | 53.05% | MSI +0.5pp |
| Operating income | $809M | 25.82% | $1.6B | 16.35% | MSI +9.5pp |
| Pre-tax income | $742M | 23.68% | $2.5B | 24.75% | QCOM +1.1pp |
| Net income | $558M | 17.81% | $2.0B | 20.13% | QCOM +2.3pp |
| Stage | MSI | QCOM | Gap · A − B |
|---|---|---|---|
| Revenue | $3.1B100.00% | $9.9B100.00% | QCOM ×3.17 |
| Gross profit | 53.56%$1.7B | 53.05%$5.3B | MSI +0.5pp |
| Operating income | 25.82%$809M | 16.35%$1.6B | MSI +9.5pp |
| Pre-tax income | 23.68%$742M | 24.75%$2.5B | QCOM +1.1pp |
| Net income |
| 17.81%$558M |
| 20.13%$2.0B |
| QCOM +2.3pp |
No shared counterparties.