Amazon vs QUALCOMM: Business Model & Financial Comparison 2026
Amazon · Consumer Cyclical / Internet Retail·QUALCOMM · Technology / Semiconductors
Financial Comparison
| Metric | AMZNAmazon | QCOMQUALCOMM |
|---|---|---|
| Market Cap | $2.23T | $138.65B |
| Revenue (TTM) | $716.92B | $44.87B |
| Revenue Growth | 13.6% | 5.0% |
| Gross Margin | 50.3% | 55.1% |
| Operating Margin | 10.5% | 27.5% |
| Net Margin | 10.8% | 12.0% |
| Return on Equity | 22.3% | 21.5% |
| P/E (Trailing) | 29.0x | 26.2x |
| P/E (Forward) | 22.2x | 11.6x |
| Free Cash Flow | $23.79B | $10.42B |
| Cash | $123.03B | $11.82B |
| Total Debt | $178.55B | $14.82B |
Data sourced from Yahoo Finance. Green highlights indicate better performance for that metric. Use the interactive tool for real-time data.
Business Model Comparison
Amazon
Amazon stands as the world's largest e-commerce and cloud computing company. Generating $716.92 billion in annual revenue (growing 13.6% year-over-year) and carrying a market capitalization of $2.35 trillion, the company has cemented its position as a foundational player in the global Internet Retail landscape. Under the leadership of Andy Jassy, Amazon continues to execute on a multi-year strategic vision that balances growth investment with sha…
Full Amazon analysis →QUALCOMM
QUALCOMM Incorporated stands as a leading company in Technology. Generating $44.87 billion in annual revenue (growing 5.0% year-over-year) and carrying a market capitalization of $146.32 billion, the company has cemented its position as a foundational player in the global Semiconductors landscape. Under the leadership of its leadership team, QUALCOMM Incorporated continues to execute on a multi-year strategic vision that balances growth investmen…
Full QUALCOMM analysis →SWOT Analysis Comparison
Strengths
Amazon
- With a market capitalization of $2.35T, Amazon is one of the largest companies in its sector, providing the scale advantages of brand recognition, supplier leverage, and capital access that smaller co
- Amazon's gross margin of 50.3% is well above industry averages, reflecting pricing power, operational efficiency, or a high-value product mix. The operating margin of 10.5% demonstrates disciplined co
- Revenue grew 13.6% year-over-year to $716.92B, indicating strong demand for Amazon's products and services and outperformance relative to many industry peers.
QUALCOMM
- With a market capitalization of $146.32B, QUALCOMM Incorporated is one of the largest companies in its sector, providing the scale advantages of brand recognition, supplier leverage, and capital acces
- QUALCOMM Incorporated's gross margin of 55.1% is well above industry averages, reflecting pricing power, operational efficiency, or a high-value product mix. The operating margin of 27.5% demonstrates
- A return on equity of 21.5% demonstrates that QUALCOMM Incorporated generates strong returns from shareholder capital, a hallmark of companies with durable competitive advantages.
Weaknesses
Amazon
- With 1,576,000 employees globally, Amazon faces inherent challenges in agility, decision-making speed, and maintaining a consistent culture across geographies — advantages that smaller, nimbler compet
- Core retail operates near breakeven — AWS and advertising subsidize the e-commerce business
- Labor costs and warehouse expansion create ongoing capital intensity
QUALCOMM
- QUALCOMM Incorporated's debt-to-equity ratio of 64.2 indicates meaningful financial leverage. Total debt stands at $14.82B against $11.82B in cash and equivalents.
Opportunities
Amazon
- Amazon operates in the Internet Retail segment of the broader Consumer Cyclical sector, which represents a $28 trillion global consumer spending market. Even modest share gains in this environment tra
- Emerging markets — particularly India (1.4B people, rapidly growing middle class), Southeast Asia (700M people), and Sub-Saharan Africa — represent significant untapped addressable markets for Amazon'
- With $123.03B in cash and strong free cash flow generation, Amazon is well-positioned to pursue strategic acquisitions that expand its capabilities, customer base, or geographic reach.
QUALCOMM
- The rapid advancement of generative AI and large language models presents QUALCOMM Incorporated with opportunities to automate operations, enhance products, and develop new AI-native services. Compani
- QUALCOMM Incorporated operates in the Semiconductors segment of the broader Technology sector, which represents a $5.0 trillion by 2027 (IDC Global Technology Market). Even modest share gains in this
- Emerging markets — particularly India (1.4B people, rapidly growing middle class), Southeast Asia (700M people), and Sub-Saharan Africa — represent significant untapped addressable markets for QUALCOM
Threats
Amazon
- Global economic slowdowns, inflation, or rising interest rates can reduce consumer and enterprise spending. Amazon's revenue is not fully insulated from macroeconomic cycles, and a recession scenario
- Increasing government regulation — particularly data privacy laws (GDPR, CCPA), antitrust enforcement, and trade restrictions — poses compliance costs and potential restrictions on Amazon's business m
- Competition for skilled technology, engineering, and management talent remains intense. High employee turnover or inability to attract top talent could slow innovation and execution — particularly cri
QUALCOMM
- Global economic slowdowns, inflation, or rising interest rates can reduce consumer and enterprise spending. QUALCOMM Incorporated's revenue is not fully insulated from macroeconomic cycles, and a rece
- Increasing government regulation — particularly data privacy laws (GDPR, CCPA), antitrust enforcement, and trade restrictions — poses compliance costs and potential restrictions on QUALCOMM Incorporat
- The technology sector evolves at a pace where today's competitive advantages can erode quickly. New entrants with AI-native approaches, open-source alternatives, or disruptive business models could ch
Compare any 2–4 companies with live data
The interactive comparison tool lets you select any companies, see real-time metrics, and export a side-by-side report.
Open Comparison ToolAmazon vs QUALCOMM: FAQ
- Is Amazon bigger than QUALCOMM?
- By market capitalization, Amazon is larger at $2.23T vs QUALCOMM's $138.65B.
- Which has better profit margins — Amazon or QUALCOMM?
- QUALCOMM has higher net profit margins (12.0%) compared to Amazon (10.8%). Gross and operating margins are compared in the table above.
- What sectors do Amazon and QUALCOMM operate in?
- Amazon operates in the Consumer Cyclical sector (Internet Retail). QUALCOMM operates in the Technology sector (Semiconductors).
- How does Amazon's revenue compare to QUALCOMM's?
- Amazon generates $716.92B in annual revenue (TTM) while QUALCOMM generates $44.87B. Amazon is the larger company by revenue as of 2026.