| Stage | QCOM | % of rev | TXN | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $10.3B | 100.00% | $6.1B | 100.00% | QCOM ×1.70 |
| Gross profit | $5.2B | 50.75% | $3.9B | 64.19% | TXN +13.4pp |
| Operating income | $1.4B | 13.15% | $2.9B | 47.46% | TXN +34.3pp |
| Pre-tax income | $1.2B | 11.36% | $2.8B | 46.33% | TXN +35.0pp |
| Net income | $1.3B | 12.13% | $2.4B | 40.05% | TXN +27.9pp |
| Stage | QCOM | TXN | Gap · A − B |
|---|---|---|---|
| Revenue | $10.3B100.00% | $6.1B100.00% | QCOM ×1.70 |
| Gross profit | 50.75%$5.2B | 64.19%$3.9B | TXN +13.4pp |
| Operating income | 13.15%$1.4B | 47.46%$2.9B | TXN +34.3pp |
| Pre-tax income | 11.36%$1.2B | 46.33%$2.8B | TXN +35.0pp |
| Net income |
| 12.13%$1.3B |
| 40.05%$2.4B |
| TXN +27.9pp |
QCOM · AIP 10-KFeb 12 '26
“In connection with an Asset Purchase Agreement by and among Qualcomm Technologies, Inc. and Qualcomm France SARL (collectively, Qualcomm) and us and certain of our subsidiaries dated October 9, 2013, pursuant to which we sold to Qualcomm certain assets and intellectual property related to our FlexNoC product (the Purchase Agreement), we and our affiliates retained a non-exclusive, worldwide, perpetual right under patents acquired under the Purchase Agreement to, among other things, manufacture, license and distribute certain FlexNoC products and certain modifications thereto (the Retained Rights).”
TXN · AIP 10-KFeb 12 '26
“Some of our agreements, including those with key customers like Texas Instruments Incorporated and Samsung Electronics Co., Ltd., have historically provided for indemnification, and some require us to provide technical support and information to a customer that is involved in litigation involving use of our technology.”