Broadcom Inc (AVGO) financials
Broadcom revenue and earnings by year
Broadcom's revenue was $63.9 billion in the fiscal year to November 2, 2025, up 23.9% from the year before. Net income was $23.1 billion, 36.2% of revenue. Since the fiscal year to October 30, 2016, revenue has grown 19.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Nov 2025 | Nov 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Oct 2017 | Oct 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 63.9 | 51.6 | 35.8 | 33.2 | 27.5 | 23.9 | 22.6 | 20.8 | 17.6 | 13.2 |
| Revenue growth | 23.9% | 44.0% | 7.9% | 21.0% | 14.9% | 5.7% | 8.4% | 18.2% | 33.2% | — |
| Gross profit | 43.3 | 32.5 | 24.7 | 22.1 | 16.8 | 13.5 | 12.5 | 10.7 | 8.5 | 5.9 |
| Gross margin | 67.8% | 63.0% | 68.9% | 66.5% | 61.4% | 56.6% | 55.2% | 51.5% | 48.2% | 44.9% |
| Operating income | 25.5 | 13.5 | 16.2 | 14.2 | 8.5 | 4.0 | 3.4 | 5.1 | 2.4 | -0.4 |
| Operating margin | 39.9% | 26.1% | 45.2% | 42.8% | 31.0% | 16.8% | 15.2% | 24.6% | 13.4% | -3.1% |
| Net income | 23.1 | 5.9 | 14.1 | 11.5 | 6.7 | 3.0 | 2.7 | 12.3 | 1.7 | -1.7 |
| Net margin | 36.2% | 11.4% | 39.3% | 34.6% | 24.5% | 12.4% | 12.1% | 58.8% | 9.6% | -13.1% |
| Diluted EPS | $4.77 | $1.23 | $3.30 | $2.65 | $1.50 | $0.63 | $0.64 | $2.83 | $0.40 | -$0.41 |
| Free cash flow | 26.9 | 19.4 | 17.6 | 16.3 | 13.3 | 11.6 | 9.4 | 8.5 | 5.9 | 2.7 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open AVGO in Markets.
How Broadcom makes money
Revenue by segment in the quarter to August 2, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Semiconductor Solutions | $20.8B | 70.4% |
| Infrastructure Software | $8.75B | 29.6% |
See also: AVGO valuation and P/E history · AVGO returns
No forecast, no recommendation. This page describes Broadcom Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.