On July 31, 2026, QUALCOMM Incorporated filed a prospectus supplement to its Form S-3ASR registration statement. This filing covers the resale by selling stockholders of an aggregate of 17,826,566 shares of common stock. These shares were issued as consideration for the acquisition of Modular Inc., which was finalized on June 21, 2026, through a private placement exempt from Securities Act registration requirements under Section 4(a)(2) and Regulation D. The prospectus supplement was filed pursuant to a Registration Rights Agreement dated July 28, 2026, between QUALCOMM and Shareholder Representative Services LLC acting as agent for the holders. QUALCOMM Incorporated operates in the semiconductor industry, designing and manufacturing wireless telecommunications equipment and services.

Qualcomm reported third quarter fiscal 2026 revenues of $9.9 billion, a 4% decline year-over-year, with GAAP diluted EPS of $1.87 and Non-GAAP diluted EPS of $2.21. QCT segment revenues fell 5% to $8.5 billion, driven by a 20% drop in handset sales, while Automotive and IoT combined grew 28%. The company returned $2.3 billion to stockholders via $973 million in dividends and $1.4 billion in share repurchases. Management provided Q4 fiscal 2026 revenue guidance of $9.7 billion to $10.5 billion and Non-GAAP EPS guidance of $2.05 to $2.25, citing higher input costs that are being offset by product pricing adjustments. Qualcomm operates in the semiconductor industry, designing wireless technologies, processors, and licensing intellectual property for mobile devices, automotive systems, and IoT applications.

Qualcomm Incorporated entered into a definitive agreement on June 21, 2026, to acquire Modular Inc. The acquisition will be settled via a private placement of up to 19.2 million shares of common stock to Modular's equity owners. Qualcomm is a semiconductor and wireless technology company providing connectivity solutions for mobile and IoT devices.