AVGO
Broadcom Inc.
Stock
$355.10+5.53 (+1.58%)Close Sep 29, 2026
Income statement
| Line | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $89.1B | $63.9B | $51.6B | $35.8B | $33.2B | $27.5B | $23.9B | $22.6B | $20.8B | $17.6B | $13.2B |
| Cost of revenue | $27.8B | $20.6B | $19.1B | $11.1B | $11.1B | $10.6B | $10.4B | $10.1B | $10.1B | $9.1B | $7.3B |
| Gross profit | $61.3B | $43.3B | $32.5B | $24.7B | $22.1B | $16.8B | $13.5B | $12.5B | $10.7B | $8.5B | $5.9B |
| R&D | $11.8B | $11.0B | $9.3B | $5.3B | $4.9B | $4.9B | $5.0B | $4.7B | $3.8B | $3.3B | $2.7B |
| SG&A | $4.2B | $4.2B | $5.0B | $1.6B | $1.4B | $1.3B | $1.9B | $1.7B | $1.1B | $789M | $806M |
| Other operating expenses | $2.5B | $2.6B | $4.8B | $1.6B | $1.6B | $2.1B | $2.6B | $2.6B | $774M | $2.0B | $2.9B |
| Operating income | $42.8B | $25.5B | $13.5B | $16.2B | $14.2B | $8.5B | $4.0B | $3.4B | $5.1B | $2.4B | −$409M |
| Non-operating income | −$2.3B | −$2.8B | −$3.5B | −$1.1B | −$1.8B | −$1.8B | −$1.6B | −$1.2B | −$590M | −$546M | −$698M |
| Pretax income | $40.5B | $22.7B | $9.9B | $15.1B | $12.4B | $6.8B | $2.4B | $2.2B | $4.5B | $1.8B | −$1.1B |
| Taxes | $2.2B | −$397M | $4.0B | $1.0B | $939M | $29M | −$517M | −$498M | −$7.7B | $133M | $632M |
| Net income | $38.3B | $23.1B | $5.9B | $14.1B | $11.5B | $6.7B | $3.0B | $2.7B | $12.3B | $1.7B | −$1.7B |
| Diluted EPS | $7.83 | $4.77 | $1.23 | $3.30 | $2.65 | $1.50 | $0.63 | $0.64 | $2.84 | $0.40 | −$0.49 |
| Diluted shares | — | 4.85B | 4.78B | 4.27B | 4.23B | 4.29B | 4.21B | 4.19B | 4.31B | 4.21B | 3.83B |
| Revenue growth | — | +23.9% | +44.0% | +7.9% | +21.0% | +14.9% | +5.7% | +8.4% | +18.2% | +33.2% | — |
| Gross margin | 68.8% | 67.8% | 63.0% | 68.9% | 66.5% | 61.4% | 56.6% | 55.2% | 51.5% | 48.2% | 44.9% |
| Operating margin | 48.0% | 39.9% | 26.1% | 45.2% | 42.8% | 31.0% | 16.8% | 15.2% | 24.6% | 13.4% | −3.1% |
| Net margin | 42.9% | 36.2% | 11.4% | 39.3% | 34.6% | 24.5% | 12.4% | 12.1% | 58.8% | 9.6% | −13.1% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.