Saturday 31 October 2026 Export AVGO’s income statement to Excel — free account

Broadcom Inc.

Broadcom Inc.’s revenue for fiscal 2025 (year ended October 2025) was $63.9 billion, up 23.9% from fiscal 2024. In the quarter to July 2026, revenue grew 85.5%, EPS grew 212.5%, free cash flow grew 94.6% and total debt fell 7.49%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for ten, operating cash flow growth for ten; insiders bought in the last twelve months.

325.71 19.29 −5.59%

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Market cap: $1.65T
P/E: 40.4×
Fwd P/E: 34.7×
Dividend yield: 0.80%
F-score: 7/9
Altman Z: 12.67
Beneish M: −2.10
Dividend safety: 73/100

Overview Business Profile Earnings & Analysis Segments Filings

Broadcom Inc. (AVGO) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Semiconductor Solutions	36,858	57.69%
Infrastructure Software	27,029	42.31%
Gross margin		67.77%
Operating margin		39.89%
Pre-tax margin		35.58%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Products	44,847 70.20%	34,960 67.79%	28,949 80.82%	26,277 79.14%	20,886 76.09%	17,435 72.99%	18,117 80.17%	19,754 94.75%	17,033 96.58%
Subscriptions and services	19,040 29.80%	16,614 32.21%	6,870 19.18%	6,926 20.86%	6,564 23.91%	6,453 27.01%	4,480 19.83%	1,094 5.25%	603 3.42%
Intercompany Revenue	—	—	—	—	—	—	—	—	0 0.00%
Revenue	63,887	51,574	35,819	33,203	27,450	23,888	22,597	20,848	17,636

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Semiconductor Solutions	36,858 57.69%	30,096 58.35%	28,182 78.68%	25,818 77.76%	20,383 74.26%	17,267 72.28%	17,441 77.18%	19,068 91.46%	17,491 99.18%	—
Infrastructure Software	27,029 42.31%	21,478 41.65%	7,637 21.32%	7,385 22.24%	7,067 25.74%	6,621 27.72%	5,156 22.82%	1,780 8.54%	0 0.00%	—
IP Licensing	—	—	—	—	—	—	—	—	145 0.82%	—
Wired Infrastructure	—	—	—	—	—	—	—	—	—	6,582 49.71%
Wireless Communications	—	—	—	—	—	—	—	—	—	3,724 28.13%
Enterprise Storage	—	—	—	—	—	—	—	—	—	2,291 17.30%
Industrial And Other	—	—	—	—	—	—	—	—	—	643 4.86%
Revenue	63,887	51,574	35,819	33,203	27,450	23,888	22,597	20,848	17,636	13,240

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Semiconductor Solutions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Infrastructure Software	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Unallocated Expenses	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
IP Licensing	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Wired Infrastructure	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Wireless Communications	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Enterprise Storage	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Industrial And Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Also reported: a second breakdown of the same revenue
Asia Pacific	35,896 56.19%	28,422 55.11%	23,920 66.78%	22,505 67.78%	17,978 65.49%	15,323 64.15%	15,231 67.40%	—	—	—
Other	18,979 29.71%	18,645 36.15%	12,832 35.82%	11,648 35.08%	9,659 35.19%	11,302 47.31%	7,799 34.51%	7,846 37.63%	6,910 39.18%	4,932 37.25%
Americas	18,939 29.64%	14,970 29.03%	8,279 23.11%	6,944 20.91%	6,099 22.22%	5,834 24.42%	5,149 22.79%	—	—	—
United States	16,506 25.84%	12,887 24.99%	6,975 19.47%	5,915 17.81%	5,285 19.25%	4,778 20.00%	4,235 18.74%	2,697 12.94%	1,266 7.18%	1,124 8.49%
China (including Hong Kong)	11,155 17.46%	10,483 20.33%	11,533 32.20%	11,637 35.05%	9,752 35.53%	7,808 32.69%	8,056 35.65%	10,305 49.43%	9,460 53.64%	7,184 54.26%
SINGAPORE	10,796 16.90%	9,559 18.53%	4,479 12.50%	4,003 12.06%	2,754 10.03%	—	2,507 11.09%	—	—	—
Europe, the Middle East and Africa	9,052 14.17%	8,182 15.86%	3,620 10.11%	3,754 11.31%	3,373 12.29%	2,731 11.43%	2,217 9.81%	—	—	—
Taiwan	6,451 10.10%	—	—	—	—	—	—	—	—	—
Revenue	63,887	51,574	35,819	33,203	27,450	23,888	22,597	20,848	17,636	13,240

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Remaining performance obligations	Q3 FY2026	$179.2B	$27.5B	+551.64%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.