v3.25.3
Segment Information (Tables)
 12 Months Ended
Sep. 28, 2025
Segment Reporting [Abstract]  
Revenues, EBT, and Assets for reportable segments
The table below presents revenues, EBT and significant expense categories regularly provided to the CODM for reportable segments (in millions):
202520242023
QCT:
Revenues
$38,367 $33,196 $30,382 
Cost of revenues
19,302 16,648 15,367 
Operating expenses (R&D and SG&A)
7,395 7,021 7,091 
EBT
$11,670 $9,527 $7,924 
QTL:
Revenues
$5,582 $5,572 $5,306 
Costs and expenses (1)
1,539 1,545 1,678 
EBT
$4,043 $4,027 $3,628 
QSI:
Revenues
$— $18 $28 
Cost of revenues
— 7 15 
Operating expenses
13 12 12 
Investment and other income (expense), net
193 105 (13)
EBT
$180 $104 $(12)
(1) Substantially all of QTL’s costs and expenses are comprised of operating expenses.
Reconciling items for reportable segments - revenues
Consolidated revenues and EBT include the following reconciling items (in millions):
202520242023
Revenues:
Reportable segments
$43,949 $38,786 $35,716 
Nonreportable segments192 176 144 
Unallocated revenues
143 — (40)
$44,284 $38,962 $35,820 
EBT:
Reportable segments
$15,893 $13,658 $11,540 
Nonreportable segments(39)(14)(38)
Unallocated revenues
143 — (40)
Unallocated cost of revenues(270)(229)(205)
Unallocated research and development expenses(2,357)(2,277)(2,034)
Unallocated selling, general and administrative expenses(783)(781)(588)
Unallocated other expense (Note 2)
(39)(179)(862)
Unallocated interest expense(664)(697)(694)
Unallocated investment and other income, net
779 855 364 
$12,663 $10,336 $7,443 
Reconciling items for reportable segments - EBT
Consolidated revenues and EBT include the following reconciling items (in millions):
202520242023
Revenues:
Reportable segments
$43,949 $38,786 $35,716 
Nonreportable segments192 176 144 
Unallocated revenues
143 — (40)
$44,284 $38,962 $35,820 
EBT:
Reportable segments
$15,893 $13,658 $11,540 
Nonreportable segments(39)(14)(38)
Unallocated revenues
143 — (40)
Unallocated cost of revenues(270)(229)(205)
Unallocated research and development expenses(2,357)(2,277)(2,034)
Unallocated selling, general and administrative expenses(783)(781)(588)
Unallocated other expense (Note 2)
(39)(179)(862)
Unallocated interest expense(664)(697)(694)
Unallocated investment and other income, net
779 855 364 
$12,663 $10,336 $7,443 
Revenue from external customers attributed to foreign countries by geographic area
We report revenues by country based on our customer’s/licensee’s headquarters. As a result, the revenues by country presented herein are not necessarily indicative of the country in which the device containing our products and/or intellectual property are ultimately sold to consumers. Revenues by country were as follows (in millions, except percentages):
202520242023
China (including Hong Kong)$20,340 46 %$17,826 46 %$13,386 37 %
United States10,515 24 9,686 25 10,503 29 
South Korea9,542 21 7,995 20 8,075 23 
Other foreign3,887 9 3,455 9 3,856 11 
$44,284 100 %$38,962 100 %$35,820 100 %