Broadcom Inc. (AVGO) quarterly cash flow statement — complete operating, investing & financing history
Broadcom Inc. (AVGO) cash flow statement — 20-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 14.2B | 10.49B | 8.26B | 7.7B | 7.17B | 6.55B | 6.11B | 5.6B | 4.96B | 4.58B | 4.82B | 4.83B | 4.72B | 4.5B | 4.04B | 4.58B | 4.42B | 4.24B | 3.49B | 3.54B |
| Operating CF Margin % | 47.98% | 47.29% | 42.77% | 42.76% | 44.92% | 43.69% | 40.98% | 39.87% | 37.97% | 36.68% | 40.26% | 51.94% | 53.17% | 51.55% | 45.27% | 51.32% | 52.27% | 52.36% | 45.24% | 47.81% |
| Operating CF Growth % | 98.12% | 60.08% | 35.12% | 37.46% | 44.39% | 43.12% | 26.96% | 16.07% | 5.17% | 1.73% | 19.3% | 5.35% | 6.67% | 6.1% | 15.78% | 29.43% | 24.94% | 18.88% | 11.98% | 5.76% |
| Net Income | 13.09B | 9.31B | 7.35B | 8.52B | 4.14B | 4.96B | 5.5B | 4.32B | -1.88B | 2.12B | 1.27B | 3.52B | 3.3B | 3.48B | 3.77B | 3.36B | 3.07B | 2.59B | 2.47B | 1.99B |
| Depreciation & Amortization | 2.21B | 2.17B | 2.15B | 2.23B | 2.2B | 2.17B | 2.17B | 2.61B | 2.52B | 2.53B | 2.35B | 932M | 932M | 939M | 1.03B | 1.22B | 1.22B | 1.26B | 1.29B | 1.5B |
| Stock-Based Compensation | 2.02B | 2.09B | 2.18B | 2.19B | 2.32B | 1.77B | 1.28B | 1.31B | 1.39B | 1.46B | 1.58B | 638M | 629M | 513M | 391M | 387M | 373M | 386M | 387M | 414M |
| Deferred Taxes | 7M | -603M | -455M | 0 | 284M | -571M | -696M | -868M | 3.64B | -511M | -294M | 639M | -251M | -316M | -573M | -89M | -15M | 0 | 70M | -47M |
| Other Non-Cash Items | 153M | 101M | 142M | -2.9B | 112M | 134M | 203M | 281M | 356M | 211M | 191M | 61M | 33M | 54M | -7M | 63M | 59M | 243M | 47M | 17M |
| Working Capital Changes | -3.28B | -2.57B | -3.1B | -2.35B | -1.89B | -1.91B | -2.35B | -2.06B | -1.07B | -1.23B | -283M | -966M | 73M | -169M | -581M | -353M | -284M | -240M | -777M | -333M |
| Change in Receivables | -2.86B | -2.37B | -1.31B | -651M | -937M | -590M | -539M | 249M | 835M | -513M | 1.76B | -231M | 135M | 185M | -276M | -241M | 375M | -536M | -468M | 160M |
| Change in Inventory | -195M | -1.37B | -692M | -90M | -163M | -109M | -148M | 134M | -52M | 82M | -14M | -56M | 44M | 13M | 26M | -87M | -170M | -147M | -223M | -137M |
| Change in Payables | 1.63B | 149M | 534M | 118M | 136M | -613M | 241M | -85M | 373M | -93M | -74M | 215M | 188M | -114M | -80M | 304M | -352M | -31M | 0 | 101M |
| Cash from Investing | -1.11B | -208M | -115M | -367M | 94M | -133M | -174M | -132M | 3.25B | -706M | -25.48B | -124M | -144M | -318M | -103M | -128M | 80M | -310M | -309M | 50M |
| Capital Expenditures | -532M | -231M | -250M | -237M | -142M | -144M | -100M | -122M | -172M | -132M | -122M | -105M | -122M | -122M | -103M | -122M | -116M | -85M | -101M | -88M |
| CapEx % of Revenue | 1.8% | 1.04% | 1.29% | 1.32% | 0.89% | 0.96% | 0.67% | 0.87% | 1.32% | 1.06% | 1.02% | 1.13% | 1.37% | 1.4% | 1.16% | 1.37% | 1.37% | 1.05% | 1.31% | 1.19% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.48B | 3.48B | -560M | -25.42B | -36M | -17M | 0 | 0 | -7M | -5M | -234M | 0 | 45M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1M | 7M | 5M | 105M | 284M | -10M | 13M | 3.48B | 2M | 3M | -15M | -79M | 12M | 1M | 0 | 1M | 201M | 18M | -8M | -9M |
| Cash from Financing | -8.74B | -4.83B | -10.15B | -1.88B | -6.01B | -6.26B | -5.98B | -6.08B | -8.06B | -5.93B | 18.34B | -2.57B | -4.07B | -5.28B | -3.7B | -2.02B | -3.53B | -5.15B | -5.12B | -2.53B |
| Debt Issued (Net) | -5.63B | -1.25B | 824M | 845M | -3.16B | 630M | -1.12B | -2.5B | -4.23B | -2B | 29.08B | -143M | 0 | 0 | -260M | -9M | 0 | -162M | -255M | -762M |
| Equity Issued (Net) | 0 | -487M | -7.85B | 103M | -58M | -4.1B | -2.04B | -1.08B | -1.35B | -1.48B | -8.29B | -518M | -2.17B | -3.36B | -1.52B | -220M | -1.79B | -3.23B | -3.1B | -209M |
| Dividends Paid | -3.1B | -3.09B | -3.09B | -2.8B | -2.79B | -2.79B | -2.77B | -2.48B | -2.45B | -2.44B | -2.44B | -1.9B | -1.9B | -1.91B | -1.93B | -1.78B | -1.74B | -1.75B | -1.76B | -1.56B |
| Share Repurchases | 0 | -600M | -7.85B | 0 | -58M | -4.22B | -2.04B | -1.2B | -1.35B | -1.55B | -8.29B | -577M | -2.17B | -3.42B | -1.52B | -274M | -1.79B | -3.29B | -3.1B | -266M |
| Other Financing | -6M | -2M | -37M | -27M | -7M | -4M | -46M | -11M | -36M | -2M | -14M | -5M | -5M | -7M | 5M | -5M | -4M | -5M | -3M | -1M |
| Net Change in Cash | 4.35B | 5.45B | -2B | 5.46B | 1.25B | 165M | -41M | -604M | 143M | -2.06B | -2.33B | 2.13B | 502M | -1.09B | 231M | 2.44B | 972M | -1.21B | -1.94B | 1.06B |
| Free Cash Flow | 13.66B | 10.26B | 8.01B | 7.47B | 7.02B | 6.41B | 6.01B | 5.48B | 4.79B | 4.45B | 4.69B | 4.72B | 4.6B | 4.38B | 3.93B | 4.46B | 4.31B | 4.16B | 3.38B | 3.45B |
| FCF Margin % | 46.18% | 46.25% | 41.48% | 41.44% | 44.03% | 42.73% | 40.31% | 39.01% | 36.65% | 35.62% | 39.24% | 50.81% | 51.79% | 50.15% | 44.12% | 49.96% | 50.9% | 51.31% | 43.93% | 46.62% |
| FCF Growth % | 94.55% | 60.07% | 33.21% | 36.19% | 46.61% | 44.13% | 28.13% | 16.07% | 4.22% | 1.55% | 19.32% | 5.87% | 6.71% | 5.34% | 16.19% | 29.19% | 25.74% | 20.77% | 12.87% | 6.38% |
| FCF per Share | 2.80 | 2.10 | 1.64 | 1.53 | 1.45 | 1.33 | 1.24 | 1.14 | 1.03 | 0.93 | 1.00 | 1.11 | 1.08 | 1.03 | 0.92 | 1.04 | 1.00 | 0.98 | 0.79 | 0.80 |
| FCF Conversion (FCF/Net Income) | 1.08x | 1.13x | 1.12x | 0.90x | 1.73x | 1.32x | 1.11x | 1.30x | -2.65x | 2.16x | 3.63x | 1.37x | 1.43x | 1.29x | 1.07x | 1.36x | 1.44x | 1.64x | 1.41x | 1.78x |
| Interest Paid | 674M | 0 | 0 | 0 | 602M | 700M | 671M | 738M | 816M | 946M | 750M | 0 | 0 | 0 | 361M | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 347M | 0 | 0 | 0 | 822M | 608M | 404M | 832M | 585M | 834M | 904M | 0 | 0 | 0 | 273M | 0 | 0 | 0 | 0 | 0 |