Broadcom Inc. (AVGO) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Broadcom Inc. (AVGO) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

AVGO Income Statement

Broadcom Inc. (AVGO) annual income statement — 20-year revenue, gross profit & net income history

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

Sales/Revenue	29.59B	22.19B	19.31B	18.02B	15.95B	15B	14.92B	14.05B	13.07B	12.49B	11.96B	9.29B	8.88B	8.73B	8.91B	8.93B	8.46B	8.1B	7.71B	7.41B
Revenue Growth %	85.5%	47.87%	29.47%	28.18%	22.03%	20.16%	24.71%	51.2%	47.27%	42.99%	34.17%	4.09%	4.87%	7.77%	15.69%	20.56%	24.87%	22.59%	15.79%	14.54%
Cost of Goods Sold	9.13B	7.27B	6.65B	5.77B	5.25B	4.81B	4.77B	5.05B	4.72B	4.71B	4.59B	2.89B	2.71B	2.62B	2.91B	3B	2.78B	2.66B	2.66B	2.77B
COGS % of Revenue	30.87%	32.76%	34.43%	32.01%	32.91%	32.04%	31.99%	35.95%	36.08%	37.73%	38.34%	31.07%	30.55%	29.98%	32.65%	33.64%	32.88%	32.88%	34.48%	37.38%
Gross Profit	20.46B	14.92B	12.66B	12.25B	10.7B	10.2B	10.14B	9B	8.36B	7.78B	7.38B	6.41B	6.16B	6.12B	6B	5.93B	5.68B	5.44B	5.05B	4.64B
Gross Margin %	69.13%	67.24%	65.57%	67.99%	67.09%	67.96%	68.01%	64.05%	63.92%	62.27%	61.66%	68.93%	69.45%	70.02%	67.35%	66.36%	67.12%	67.12%	65.52%	62.62%
Gross Profit Growth %	91.12%	46.31%	24.82%	36.07%	28.09%	31.13%	37.56%	40.5%	35.56%	27.16%	22.83%	8.12%	8.5%	12.43%	18.91%	27.77%	35.36%	34.06%	27.76%	23.78%
Operating Expenses	4.5B	4.05B	3.98B	4.74B	4.82B	4.37B	3.88B	4.38B	4.57B	4.81B	5.29B	2.15B	2.31B	2.1B	1.9B	1.93B	1.94B	2.03B	1.92B	2.06B
OpEx % of Revenue	15.21%	18.25%	20.62%	26.32%	30.19%	29.11%	26.05%	31.13%	34.94%	38.53%	44.24%	23.17%	26%	24.02%	21.32%	21.56%	22.89%	25.02%	24.97%	27.77%
Selling, General & Admin	996M	1.05B	1.02B	1.11B	1.07B	1.08B	949M	1.01B	1.1B	1.28B	1.57B	418M	388M	438M	348M	370M	323M	368M	321M	337M
SG&A % of Revenue	3.37%	4.75%	5.27%	6.14%	6.72%	7.22%	6.36%	7.19%	8.41%	10.23%	13.14%	4.5%	4.37%	5.02%	3.9%	4.14%	3.82%	4.54%	4.17%	4.55%
Research & Development	2.9B	3B	2.96B	2.98B	3.05B	2.69B	2.25B	2.23B	2.35B	2.42B	2.31B	1.39B	1.36B	1.31B	1.2B	1.2B	1.25B	1.26B	1.21B	1.2B
R&D % of Revenue	9.78%	13.5%	15.35%	16.55%	19.12%	17.95%	15.1%	15.9%	18%	19.34%	19.3%	14.93%	15.3%	15.02%	13.4%	13.4%	14.83%	15.56%	15.65%	16.2%
Other Operating Expenses	1000K	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	15.96B	10.87B	8.68B	7.51B	5.89B	5.83B	6.26B	4.63B	3.79B	2.96B	2.08B	4.24B	3.86B	4.01B	4.1B	3.99B	3.74B	3.41B	3.13B	2.58B
Operating Margin %	53.92%	48.99%	44.95%	41.68%	36.9%	38.85%	41.97%	32.92%	28.98%	23.74%	17.41%	45.62%	43.44%	45.89%	46.02%	44.64%	44.15%	42.12%	40.58%	34.85%
Operating Income Growth %	171.02%	86.46%	38.67%	62.27%	55.41%	96.59%	200.53%	9.13%	-1.76%	-26.02%	-49.23%	6.37%	3.18%	17.43%	31.21%	54.44%	75.78%	72.81%	70.22%	69.14%
EBITDA	18.17B	13.03B	10.83B	9.74B	8.09B	10.17B	6.16B	7.24B	6.31B	5.5B	4.43B	5.17B	4.79B	4.95B	5.13B	5.2B	4.95B	4.68B	4.41B	4.08B
EBITDA Margin %	61.4%	58.75%	56.1%	54.07%	50.71%	67.78%	41.28%	51.5%	48.29%	44.01%	37.02%	55.64%	53.94%	56.65%	57.6%	58.25%	58.53%	57.72%	57.28%	55.11%
EBITDA Growth %	124.6%	28.17%	75.96%	34.58%	28.15%	85.06%	39.05%	39.95%	31.83%	11.08%	-13.77%	-0.58%	-3.35%	5.77%	16.33%	27.44%	36.51%	34.44%	30.98%	25.45%
D&A (Non-Cash Add-back)	2.21B	2.17B	2.15B	2.23B	2.2B	4.34B	-103M	2.61B	2.52B	2.53B	2.35B	932M	932M	939M	1.03B	1.22B	1.22B	1.26B	1.29B	1.5B
EBIT	16.05B	10.87B	8.94B	7.63B	5.83B	5.85B	6.36B	4.68B	3.87B	3.05B	2.27B	4.37B	3.98B	4.12B	4.25B	4.03B	3.74B	3.31B	3.09B	2.6B
Net Interest Income	-778M	-745M	-746M	-761M	-754M	-769M	-873M	-864M	-1.06B	-1.05B	-926M	-405M	-406M	-405M	-406M	-406M	-406M	-518M	-407M	-411M
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	778M	745M	746M	761M	754M	769M	873M	864M	1.06B	1.05B	926M	405M	406M	405M	406M	406M	406M	518M	407M	411M
Other Income/Expense	-680M	-739M	-486M	-639M	-602M	-744M	-770M	-864M	-982M	-960M	-741M	-273M	-282M	-292M	-263M	-366M	-400M	-623M	-440M	-412M
Pretax Income	15.28B	10.13B	8.2B	6.87B	5.29B	5.08B	5.49B	3.76B	2.81B	2B	1.34B	3.97B	3.57B	3.72B	3.84B	3.62B	3.34B	2.79B	2.69B	2.17B
Pretax Margin %	51.62%	45.66%	42.44%	38.13%	33.13%	33.89%	36.81%	26.78%	21.47%	16.06%	11.22%	42.68%	40.27%	42.55%	43.07%	40.54%	39.43%	34.43%	34.87%	29.28%
Income Tax	2.19B	820M	846M	-1.65B	1.15B	120M	-13M	-442M	4.24B	-116M	68M	443M	271M	235M	66M	261M	263M	200M	215M	180M
Effective Tax Rate %	14.32%	8.09%	10.32%	-24.01%	21.67%	2.36%	-0.24%	-11.75%	151.03%	-5.79%	5.07%	11.17%	7.58%	6.32%	1.72%	7.21%	7.88%	7.17%	8%	8.3%
Net Income	13.09B	9.31B	7.35B	8.52B	4.14B	4.96B	5.5B	4.32B	-1.88B	2.12B	1.32B	3.52B	3.3B	3.48B	3.77B	3.36B	3.07B	2.59B	2.47B	1.99B
Net Margin %	44.23%	41.96%	38.06%	47.28%	25.95%	33.09%	36.89%	30.77%	-14.34%	16.99%	11.08%	37.91%	37.21%	39.86%	42.33%	37.61%	36.32%	31.96%	32.08%	26.85%
Net Income Growth %	216.14%	87.51%	33.55%	96.99%	320.8%	134.09%	315.32%	22.7%	-156.77%	-39.07%	-64.89%	4.91%	7.45%	34.4%	52.67%	68.88%	63.86%	73.48%	79.39%	50.23%
Net Income (Continuing)	13.09B	9.31B	7.35B	8.52B	4.14B	4.96B	5.5B	4.21B	-1.43B	2.12B	1.27B	3.52B	3.3B	3.48B	3.77B	3.36B	3.07B	2.59B	2.47B	1.99B
Discontinued Operations	0	0	0	0	0	0	0	1000K	-1000K	0	1000K	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	2.68	1.91	1.50	1.74	0.85	1.03	1.14	0.90	-0.40	0.44	0.28	0.83	0.77	0.82	0.88	0.77	0.70	0.59	0.56	0.45
EPS Growth %	215.29%	85.44%	31.58%	93.33%	312.5%	134.09%	307.14%	8.43%	-151.95%	-46.34%	-68.18%	7.79%	10%	38.98%	57.14%	71.11%	66.67%	78.79%	86.67%	55.17%
EPS (Basic)	2.75	1.96	1.55	1.80	0.88	1.05	1.17	0.92	-0.40	0.46	0.29	0.85	0.80	0.84	0.90	0.81	0.74	0.62	0.58	0.46
Diluted Shares Outstanding	4.89B	4.88B	4.89B	4.89B	4.86B	4.83B	4.84B	4.83B	4.66B	4.8B	4.67B	4.27B	4.27B	4.27B	4.29B	4.29B	4.31B	4.25B	4.29B	4.31B
Basic Shares Outstanding	4.77B	4.75B	4.74B	4.73B	4.71B	4.71B	4.7B	4.68B	4.66B	4.65B	4.52B	4.13B	4.13B	4.15B	4.18B	4.11B	4.06B	4.09B	4.12B	4.13B
Dividend Payout Ratio	23.71%	33.21%	41.99%	32.84%	67.29%	56.09%	50.41%	57.45%	-	115.18%	183.77%	54.03%	57.55%	54.98%	51.03%	53.05%	56.47%	67.57%	71.36%	78.48%