Qualcomm Q3 FY25 Results: Automotive and IoT Segments Drive 10% Revenue Growth
Qualcomm has reported a strong performance for its third quarter of fiscal year 2025, with total revenue rising 10 percent year-over-year to $10.1 billion, thanks to robust growth in its automotive and IoT segments. The chipmaker’s results, shared by Investing.com, show that diversification beyond smartphones is paying off.
The company’s automotive revenue surged 31 percent, reaching $747 million, a record high. This growth reflects Qualcomm’s expanding role in supplying connected car platforms, infotainment systems, and driver-assist technologies to global automakers. Meanwhile, the Internet of Things (IoT) division grew 16 percent to $1.9 billion, supported by rising demand in industrial automation and connected devices.
While the core handset segment continues to be Qualcomm’s largest contributor, its performance was relatively steady, growing just 4 percent. However, this was offset by stronger margins in automotive and IoT, improving the company’s overall profitability.
CEO Cristiano Amon emphasized that Qualcomm’s strategy to reduce dependency on smartphones is succeeding, with the company now positioned as a key player in the connected mobility and smart device ecosystems. Amon also noted that upcoming AI-integrated chipsets will further boost performance in premium vehicles and industrial systems.
The results have reassured investors, sending Qualcomm’s stock up 3 percent in after-hours trading. Analysts believe the company’s consistent automotive expansion could help cushion it against cyclical slowdowns in the smartphone market.
For the upcoming quarter, Qualcomm projects revenue between $10 billion and $10.8 billion, driven by sustained momentum in connected vehicle technology and industrial IoT applications.
Editor’s View
Qualcomm’s Q3 FY25 performance shows that the automotive and IoT growth narrative is no longer a future bet, it’s a tangible revenue driver. The company’s role in the automotive industry, especially in connected mobility, is now a crucial part of its long-term stability. As global automakers invest in smarter, AI-driven platforms, Qualcomm’s chips are becoming the “engines” behind digital dashboards and autonomous features.
For the tyre and mobility ecosystem, this trend signals a more integrated future where hardware, data, and sensors converge. As connected vehicles evolve, the collaboration between tech and mobility industries will deepen, reshaping supply chains, predictive maintenance, and driving experiences.
