高通第四财季营收104.4亿美元超预期：手机芯片收入下滑26% 下季指引营收最高112亿美元
高通公司11月4日公布2026财年第四季度业绩：经调整营收104.4亿美元，同比下降7%，高于分析师预期的约101.1亿美元；经调整每股收益2.17美元，略高于预期的2.16美元。
手机业务仍是主要拖累：为智能手机供货的手机芯片收入同比下降26%，至51.4亿美元，低于 Visible Alpha 汇总预期的52.5亿美元；芯片部门总营收下降8%，至90.2亿美元。据 Counterpoint Research 的数据，9月当季全球智能手机出货量下降20%，创14年来新低。
展望2027财年第一季度，高通预计营收在104亿至112亿美元之间，中值高于分析师平均预期的约104.8亿美元；预计芯片部门营收在90亿至96亿美元之间，高于预期的88.8亿美元；经调整每股收益预计在2.15至2.35美元之间，中值低于预期的2.27美元。
首席执行官 Cristiano Amon 表示，安卓手机销售正在重新回升。他还表示，公司给出的第一季度预测中不再包含来自苹果的进一步销售；与此同时，高通正赢得智能手机之外的客户，两个为超大规模云服务商定制的芯片项目将从本季度开始贡献收入，汽车与物联网等非手机业务的增长正帮助抵消核心手机芯片业务的疲软。财报公布后，高通股价在盘后交易中下跌逾4%。
（来源：高通公司）
Qualcomm Fiscal Q4 Revenue Beats Estimates at $10.44 Billion as Handset Chip Sales Fall 26 Percent
Qualcomm on November 4 reported results for its fiscal fourth quarter of 2026. Adjusted revenue fell 7 percent year over year to $10.44 billion, beating analyst estimates of about $10.11 billion, and adjusted earnings came in at $2.17 per share, just above estimates of $2.16.
The handset business was the main drag: revenue from smartphone chips fell 26 percent to $5.14 billion, below the $5.25 billion expected by analysts polled by Visible Alpha, dragging total chip-segment revenue down 8 percent to $9.02 billion. Global smartphone shipments fell 20 percent in the September quarter to a 14-year low, according to Counterpoint Research.
For the first quarter of fiscal 2027, Qualcomm forecast revenue between $10.4 billion and $11.2 billion, with the midpoint above the average analyst estimate of about $10.48 billion. It expects chip-segment sales between $9 billion and $9.6 billion, above estimates of $8.88 billion, and adjusted profit between $2.15 and $2.35 per share, with the midpoint below estimates of $2.27.
Chief Executive Cristiano Amon said sales of Android handsets are ticking upward again. He said the first-quarter forecast includes no further sales from Apple, while Qualcomm has been winning business beyond smartphones: revenue from two custom chip programs with hyperscalers begins in the current quarter, and growth in segments such as automotive and the internet of things is helping cushion the hit from sluggish demand in its core smartphone chips business. Qualcomm shares fell more than 4 percent in extended trading after the report.
(Source: Qualcomm Incorporated)
来源：高通公司
发布：GSM·美国（发布链接）
图片来源：图：高通公司位于 San Diego 的总部大楼。CC BY-SA 3.0，经 Wikimedia Commons。 / Photo: Qualcomm headquarters in San Diego. CC BY-SA 3.0, via Wikimedia Commons.
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