Broadcom Inc. (AVGO) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 22.19B | 19.31B | 18.02B | 15.95B | 15B | 14.92B | 14.05B | 13.07B | 12.49B | 11.96B | 9.29B | 8.88B |
| Revenue Growth % | 47.87% | 29.47% | 28.18% | 22.03% | 20.16% | 24.71% | 51.2% | 47.27% | 42.99% | 34.17% | 4.09% | 4.87% |
| Cost of Goods Sold | 7.27B | 6.65B | 5.77B | 5.25B | 4.81B | 4.77B | 5.05B | 4.72B | 4.71B | 4.59B | 2.89B | 2.71B |
| COGS % of Revenue | 32.76% | 34.43% | 32.01% | 32.91% | 32.04% | 31.99% | 35.95% | 36.08% | 37.73% | 38.34% | 31.07% | 30.55% |
| Gross Profit | 14.92B | 12.66B | 12.25B | 10.7B | 10.2B | 10.14B | 9B | 8.36B | 7.78B | 7.38B | 6.41B | 6.16B |
| Gross Margin % | 67.24% | 65.57% | 67.99% | 67.09% | 67.96% | 68.01% | 64.05% | 63.92% | 62.27% | 61.66% | 68.93% | 69.45% |
| Gross Profit Growth % | 46.31% | 24.82% | 36.07% | 28.09% | 31.13% | 37.56% | 40.5% | 35.56% | 27.16% | 22.83% | 8.12% | 8.5% |
| Operating Expenses | 4.05B | 3.98B | 4.74B | 4.82B | 4.37B | 3.88B | 4.38B | 4.57B | 4.81B | 5.29B | 2.15B | 2.31B |
| OpEx % of Revenue | 18.25% | 20.62% | 26.32% | 30.19% | 29.11% | 26.05% | 31.13% | 34.94% | 38.53% | 44.24% | 23.17% | 26% |
| Selling, General & Admin | 1.05B | 1.02B | 1.11B | 1.07B | 1.08B | 949M | 1.01B | 1.1B | 1.28B | 1.57B | 418M | 388M |
| SG&A % of Revenue | 4.75% | 5.27% | 6.14% | 6.72% | 7.22% | 6.36% | 7.19% | 8.41% | 10.23% | 13.14% | 4.5% | 4.37% |
| Research & Development | 3B | 2.96B | 2.98B | 3.05B | 2.69B | 2.25B | 2.23B | 2.35B | 2.42B | 2.31B | 1.39B | 1.36B |
| R&D % of Revenue | 13.5% | 15.35% | 16.55% | 19.12% | 17.95% | 15.1% | 15.9% | 18% | 19.34% | 19.3% | 14.93% | 15.3% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 10.87B | 8.68B | 7.51B | 5.89B | 5.83B | 6.26B | 4.63B | 3.79B | 2.96B | 2.08B | 4.24B | 3.86B |
| Operating Margin % | 48.99% | 44.95% | 41.68% | 36.9% | 38.85% | 41.97% | 32.92% | 28.98% | 23.74% | 17.41% | 45.62% | 43.44% |
| Operating Income Growth % | 86.46% | 38.67% | 62.27% | 55.41% | 96.59% | 200.53% | 9.13% | -1.76% | -26.02% | -49.23% | 6.37% | 3.18% |
| EBITDA | 13.03B | 10.83B | 9.74B | 8.09B | 10.17B | 6.16B | 7.24B | 6.31B | 5.5B | 4.43B | 5.17B | 4.79B |
| EBITDA Margin % | 58.75% | 56.1% | 54.07% | 50.71% | 67.78% | 41.28% | 51.5% | 48.29% | 44.01% | 37.02% | 55.64% | 53.94% |
| EBITDA Growth % | 28.17% | 75.96% | 34.58% | 28.15% | 85.06% | 39.05% | 39.95% | 31.83% | 11.08% | -13.77% | -0.58% | -3.35% |
| D&A (Non-Cash Add-back) | 2.17B | 2.15B | 2.23B | 2.2B | 4.34B | -103M | 2.61B | 2.52B | 2.53B | 2.35B | 932M | 932M |
| EBIT | 10.87B | 8.94B | 7.63B | 5.83B | 5.85B | 6.36B | 4.68B | 3.87B | 3.05B | 2.27B | 4.37B | 3.98B |
| Net Interest Income | -745M | -746M | -761M | -754M | -769M | -873M | -864M | -1.06B | -1.05B | -926M | -405M | -406M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 745M | 746M | 761M | 754M | 769M | 873M | 864M | 1.06B | 1.05B | 926M | 405M | 406M |
| Other Income/Expense | -739M | -486M | -639M | -602M | -744M | -770M | -864M | -982M | -960M | -741M | -273M | -282M |
| Pretax Income | 10.13B | 8.2B | 6.87B | 5.29B | 5.08B | 5.49B | 3.76B | 2.81B | 2B | 1.34B | 3.97B | 3.57B |
| Pretax Margin % | 45.66% | 42.44% | 38.13% | 33.13% | 33.89% | 36.81% | 26.78% | 21.47% | 16.06% | 11.22% | 42.68% | 40.27% |
| Income Tax | 820M | 846M | -1.65B | 1.15B | 120M | -13M | -442M | 4.24B | -116M | 68M | 443M | 271M |
| Effective Tax Rate % | 8.09% | 10.32% | -24.01% | 21.67% | 2.36% | -0.24% | -11.75% | 151.03% | -5.79% | 5.07% | 11.17% | 7.58% |
| Net Income | 9.31B | 7.35B | 8.52B | 4.14B | 4.96B | 5.5B | 4.32B | -1.88B | 2.12B | 1.32B | 3.52B | 3.3B |
| Net Margin % | 41.96% | 38.06% | 47.28% | 25.95% | 33.09% | 36.89% | 30.77% | -14.34% | 16.99% | 11.08% | 37.91% | 37.21% |
| Net Income Growth % | 87.51% | 33.55% | 96.99% | 320.8% | 134.09% | 315.32% | 22.7% | -156.77% | -39.07% | -64.89% | 4.91% | 7.45% |
| Net Income (Continuing) | 9.31B | 7.35B | 8.52B | 4.14B | 4.96B | 5.5B | 4.21B | -1.43B | 2.12B | 1.27B | 3.52B | 3.3B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | 0 | 1000K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.91 | 1.50 | 1.74 | 0.85 | 1.03 | 1.14 | 0.90 | -0.40 | 0.44 | 0.28 | 0.83 | 0.77 |
| EPS Growth % | 85.44% | 31.58% | 93.33% | 312.5% | 134.09% | 307.14% | 8.43% | -151.95% | -46.34% | -68.18% | 7.79% | 10% |
| EPS (Basic) | 1.96 | 1.55 | 1.80 | 0.88 | 1.05 | 1.17 | 0.92 | -0.40 | 0.46 | 0.29 | 0.85 | 0.80 |
| Diluted Shares Outstanding | 4.88B | 4.89B | 4.89B | 4.86B | 4.83B | 4.84B | 4.83B | 4.66B | 4.8B | 4.67B | 4.27B | 4.27B |
| Basic Shares Outstanding | 4.75B | 4.74B | 4.73B | 4.71B | 4.71B | 4.7B | 4.68B | 4.66B | 4.65B | 4.52B | 4.13B | 4.13B |
| Dividend Payout Ratio | 33.21% | 41.99% | 32.84% | 67.29% | 56.09% | 50.41% | 57.45% | - | 115.18% | 183.77% | 54.03% | 57.55% |