Companies › Broadcom Inc.

Broadcom Inc. (AVGO): Financial Statements and Key Figures

Broadcom Inc. (ticker AVGO) is classified by the SEC under industry code 3674, Semiconductors & Related Devices, and is listed on Nasdaq. It files its annual report with the U.S. Securities and Exchange Commission (SEC) on Form 10-K and reports in US dollars. Its fiscal 2025 ended on 2 November 2025; the annual report for that year was filed on 18 December 2025. For that year it reported revenue of US$ 63,887 million, net income of US$ 23,126 million and total assets of US$ 171,092 million at the year end. Fiscal years 2017 to 2025 are shown below.

The figures are as the company filed them, standardised by reporting tag; the filing is the authority. For education and analysis, not investment advice.

Key Figures

Money in US$ millions; earnings per share in US dollars. Free cash flow is the cash from operating activities less capital expenditures. Total debt is short-term plus long-term debt, or the total the company itself tags when that is larger. A margin is the profit line divided by revenue; return on equity is net income divided by the average of shareholders' equity at the start and the end of the year. A blank cell means the company does not report the line under a standard tag; it does not mean zero.

Table 1: Key figures of Broadcom Inc. by fiscal year
Fiscal year201720182019202020212022202320242025Last 12 months to 2 Aug 2026
year ended on29 Oct4 Nov3 Nov1 Nov31 Oct30 Oct29 Oct3 Nov2 Novnot a fiscal year
Revenue (US$ millions)17,63620,84822,59723,88827,45033,20335,81951,57463,88789,104
Net income (US$ millions)1,69212,2592,6952,6636,43711,49514,0825,89523,12638,265
Earnings per share, diluted (US$)0.402.840.640.631.502.653.301.234.777.84
Cash from operating activities (US$ millions)6,5518,8809,69712,06113,76416,73618,08519,96227,53740,653
Free cash flow (US$ millions)5,4828,2459,26511,59813,32116,31217,63319,41426,91439,403
Total assets (US$ millions)54,41850,12467,49375,93375,57073,24972,861165,645171,092188,148
Total debt (US$ millions)17,54817,60933,05941,06239,70439,47839,18469,84767,12061,079
Shareholders' equity (US$ millions)20,28526,65724,94123,87424,96222,70923,98867,67881,29299,690
Gross margin48.2 %51.5 %55.2 %56.6 %61.4 %66.5 %68.9 %63.0 %67.8 %68.8 %
Operating margin13.4 %24.6 %15.2 %16.8 %31.0 %42.8 %45.2 %26.1 %39.9 %48.0 %
Net margin9.6 %58.8 %11.9 %11.1 %23.4 %34.6 %39.3 %11.4 %36.2 %42.9 %
Return on equity8.3 %52.2 %10.4 %10.9 %26.4 %48.2 %60.3 %12.9 %31.0 %

The last column is not a fiscal year. It is the last twelve months to 2 August 2026: the last fiscal year, plus the year to date in the latest quarterly report (Form 10-Q, filed 10 September 2026), less the same year-to-date period a year before; total assets, total debt and equity are those of the quarterly balance sheet. Quarterly reports are unaudited interim data. The column enters no growth rate and no chart.

Charts

Figure 1: Revenue and net income by fiscal year (US$ millions)

Figure 2: Cash from operating activities and free cash flow by fiscal year (US$ millions)

Compound Growth

The compound annual growth rate is the single yearly rate that, applied every year, takes the first value to the last one: the last value divided by the first, raised to the power of one over the number of years, less one. It uses only the two end values, so an unusual first or last year moves it a great deal.

  • Revenue: 17,636 in fiscal 2017 to 63,887 in fiscal 2025 (US$ millions), 8 years: 17.5 % a year.
  • Diluted earnings per share: 0.40 in fiscal 2017 to 4.77 in fiscal 2025 (US dollars per share), 8 years: 36.2 % a year.

Analyse This Company

Each link opens a calculator with Broadcom Inc. loaded from the same data.

  • Company Financial Statements: The full income statement, balance sheet and cash flow statement of each fiscal year, with common-size and growth views.
  • Capital Allocation History: Where the cash from operations went each year: capital expenditures, dividends, share repurchases, debt.
  • Dividend Sustainability: How the dividends paid compare with earnings and with free cash flow, year by year.
  • Earnings Quality Trend: How much of reported earnings arrived as cash, and how accruals moved over the years.
  • Reverse DCF: The growth in free cash flow that a share price you type would assume.
  • Financial Quality Scores: The Piotroski F-score and the DuPont breakdown of return on equity, worked step by step.
  • Valuation Range: What a share price you type corresponds to as multiples of earnings, cash flow and book value, against the company's own history.

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Same Industry

The first 12 in alphabetical order of the 23 other companies in the data with the industry code 3674 (Semiconductors & Related Devices), in alphabetical order; the index lists every company.

Source

The annual report first filed for each fiscal year, with a link to its index page on EDGAR, the SEC's filing system. A later annual report repeats earlier years for comparison and sometimes restates them; where a value was taken from a later report, the last column gives the date of the latest one used.

Table 2: The filing behind each fiscal year
Fiscal yearYear endedFormFiledOn EDGARLater report used, filed
20252 Nov 2025Form 10-K18 Dec 2025filing index
20243 Nov 2024Form 10-K20 Dec 2024filing index18 Dec 2025
202329 Oct 2023Form 10-K14 Dec 2023filing index18 Dec 2025
202230 Oct 2022Form 10-K16 Dec 2022filing index20 Dec 2024
202131 Oct 2021Form 10-K17 Dec 2021filing index14 Dec 2023
20201 Nov 2020Form 10-K18 Dec 2020filing index16 Dec 2022
20193 Nov 2019Form 10-K20 Dec 2019filing index17 Dec 2021
20184 Nov 2018Form 10-K21 Dec 2018filing index18 Dec 2020
201729 Oct 2017Form 10-K21 Dec 2018filing index20 Dec 2019
  • The figures are as filed with the SEC and standardised by reporting tag. The filing is the authority: check it before relying on a number.
  • A blank cell means the company does not tag that line, or the tagged figure is withheld as incomplete. It does not mean zero.
  • Currency: every figure is in the currency the company reported that year (US dollars here). Nothing is converted.
  • Per-share figures are adjusted for stock splits detected from the company's own restated figures, except where a year is flagged; the as-filed values are in the filings.
  • For a bank, broker, insurer or other financial company (SIC codes 6000 to 6799) net debt, EBITDA, the current ratio and debt to equity are not meaningful and the tools show them as n/m.
  • A fiscal year is named after the calendar year in which it ends. The data is updated from time to time, not daily; this company's figures were loaded on 13 November 2026.

For education and analysis, not investment advice.