QUALCOMM (QCOM) vs Texas Instruments (TXN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Texas Instruments (TXN) has outperformed QUALCOMM (QCOM) over the past year, gaining 63.2% versus a gain of 7.0%. Over five years, TXN leads with a +48.6% price change compared with +36.0% for QCOM. Texas Instruments is the larger company by market cap ($263.91 billion vs $189.14 billion), about 1.4 times the size, while QUALCOMM is growing revenue faster (+13.7% vs +13.0%).
On valuation, QUALCOMM trades at a lower forward P/E (17.4x vs 27.1x for Texas Instruments). QUALCOMM offers the higher dividend yield (2.03% vs 1.94%). Texas Instruments converts more of its revenue into profit, with a net margin of 28.3% versus 12.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | QCOM | TXN |
|---|---|---|
| Share price | $177.12 | $288.98 |
| Market cap | $189.14B | $263.91B |
| 1-day change | -2.16% | -2.78% |
| YTD return | +3.55% | +66.57% |
| 1-year return | +7.05% | +63.22% |
| 5-year return | +36.04% | +48.61% |
| P/E ratio (TTM) | 20.50 | 43.98 |
| Forward P/E | 17.36 | 27.15 |
| EPS (TTM) | $8.64 | $6.57 |
| Dividend yield | 2.03% | 1.94% |
| Annual dividend | $3.59 | $5.62 |
| Revenue (latest FY) | $44.28B | $17.68B |
| Revenue growth (YoY) | +13.66% | +13.05% |
| Net income (latest FY) | $5.54B | $5.00B |
| Gross margin | 55.43% | 57.02% |
| Operating margin | 27.90% | 34.06% |
| Net margin | 12.51% | 28.28% |
| 52-week high | $259.92 | $334.03 |
| 52-week low | $121.99 | $152.73 |
| Distance from 52-week high | -31.86% | -13.49% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +9.60% | +12.36% |
| Average volume | 12.32M | 6.39M |
| Shares outstanding | 1.07B | 913.25M |
| Employees | 52,000 | 33,000 |
| Sector | Technology | Technology |
| Industry | Radio And Television Broadcasting And Communications Equipment | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TXN has outperformed QCOM by 56.2 percentage points over the past year.
- Texas Instruments trades at a higher earnings multiple (44.0x vs 20.5x trailing P/E).
- Texas Instruments is more profitable, keeping 28.3 cents of every revenue dollar as net income versus 12.5 cents for QUALCOMM.
About QUALCOMM
QCOM stock →QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).
Technology · Radio And Television Broadcasting And Communications Equipment · 52,000 employees
About Texas Instruments
TXN stock →Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States, China, the rest of Asia, Europe, the Middle East, Africa, Japan, and internationally. It operates through Analog and Embedded Processing segments.
Technology · Semiconductors · 33,000 employees
QCOM vs TXN FAQ
Which is bigger, QUALCOMM or Texas Instruments?
Texas Instruments (TXN) is larger, with a market capitalization of $263.91B compared with $189.14B for QUALCOMM (QCOM).
Which stock has performed better over the past year, QCOM or TXN?
TXN returned +63.22% over the past 12 months, compared with +7.05% for QCOM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, QCOM or TXN?
QCOM has the lower trailing P/E at 20.5, versus 44.0 for TXN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, QUALCOMM or Texas Instruments?
QUALCOMM has the higher yield at 2.03%, compared with 1.94% for Texas Instruments.
Are QUALCOMM and Texas Instruments in the same industry?
Both are in the Technology sector, but in different industries: Radio And Television Broadcasting And Communications Equipment for QUALCOMM and Semiconductors for Texas Instruments.