Full transcript of Qualcomm's Q3 FY2026 earnings call

Headwinds from rising smartphone costs, declining revenue from Apple’s in-house baseband chips, and rapid growth in the automotive business. Source: Seeking Alpha; full translation performed using DeepSeek V4 Flash (Official Version). Qualcomm (QCOM) Q3 FY2026 Earnings Call July 29, 2026, 4:45 PM ET Company Participants ・ Brett Simpson — Senior Vice President, Investor Relations ・ Cristiano Amon — Chief Executive Officer, President, and Director ・ Akash Palkhiwala — Executive Vice President, Chief Financial Officer, and Chief Operating Officer Call Participants ・ Joshua Buchalter — TD Cowen Research ・ Joseph Cardoso — J.P. Morgan Research ・ Stacy Rasgon — Bernstein Research ・ Joseph Moore — Morgan Stanley Research ・ Benjamin Reitzes — Melius Research ・ Liam Pharr — BofA Securities Research ・ Christopher Caso — Wolfe Research Presentation Operator Ladies and gentlemen, thank you for holding. Welcome to Qualcomm’s Q3 FY2026 earnings conference call. [Operator instructions] Please note that this call is being recorded and the date is July 29, 2026. The replay number for today’s call is (877) 660-6853 for U.S. callers, or (201) 612-7415 for international callers. The replay access code is 13761080. Now, please welcome Brett Simpson, Senior Vice President of Investor Relations. Mr. Simpson, please go ahead. Brett Simpson, Senior Vice President, Investor Relations Thank you. Good afternoon, everyone. Today’s call will feature formal remarks by Cristiano Amon and Akash Palkhiwala. Additionally, Alex Rogers will join us for the Q&A session. You can find the earnings release and presentation slides accompanying this call on our Investor Relations website. Furthermore, today’s call is being webcast live on qualcomm.com, and a replay will be available on the site later today. During today’s call, we will use non-GAAP financial measures as defined under Regulation G; reconciliations to GAAP are available on our website. We will also make forward-looking statements, including projections and estimates regarding future events, business or industry trends, and business or financial results. Actual events or results may differ materially from those projected in such forward-looking statements. Please refer to our filings with the SEC, including our most recent Form 10-Q, which identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements. Now, please welcome Cristiano Amon, President and Chief Executive Officer of Qualcomm.

Cabot expects strong sales growth

According to Rubber Express, as reported by Carbon Black Industry Network, Cabot Corporation announced record-breaking results for its fiscal Q3 2022, driven in part by robust growth in its reinforcement materials business—specifically rubber carbon black. On August 9, Cabot reported that, for the quarter ended June 30, EBIT for this business segment rose 33% to $113 million (€110 million), while sales increased 47.5% to $707 million. Sean Keohane, President and CEO of Cabot, stated during the earnings call that the EBIT growth was primarily attributable to higher pricing under customer agreements effective in 2022, as well as improved unit margins resulting from increased sales volumes across all regions. However, these gains were partially offset by higher fixed costs due to increased utility expenses and adverse foreign exchange impacts. According to Keohane, global sales volumes rose 5% year-on-year, with growth of 6% in the Americas, 10% in Europe, and 1% in Asia.

Cabot Reports Q3 2026 Results: Full Earnings Call Transcript

1 day ago

Cabot Corporation reported a 4% sequential increase in adjusted EPS to $1.67 for Q3 2026, appointing Erica McLaughlin as new CEO. The company emphasized battery materials growth and tightened fiscal 2026 EPS guidance amid raw material cost volatility.

Benzinga

2026-07-30

Cabot Corporation Announces Planned Leadership Transition

2026-07-31

Cabot Corporation: McLaughlin Has Held Senior Leadership Roles Since 2002

2026-07-31

Cabot names new CEO as Sean Keohane prepares to retire

2026-08-03

Cabot Names New CEO as Keohane Retires

2026-08-11

Cabot CEO Sean Keohane sells $7.9m in stock