Broadcom Inc. (AVGO)

Nasdaq: AVGO · Semiconductors & Related Devices · Palo Alto, CA · filing with the SEC since 2018

Grade7.1

◀ Past 7.6● Present 7.2▶ Future 6.4

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in November.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Nov 2, 2025	Nov 3, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021	Nov 1, 2020	Nov 3, 2019	Nov 4, 2018	Oct 29, 2017	Oct 30, 2016
Report filed	Dec 18, 2025	Dec 20, 2024	Dec 14, 2023	Dec 16, 2022	Dec 17, 2021	Dec 18, 2020	Dec 20, 2019	Dec 21, 2018	·	·
Revenue	63,887	51,574	35,819	33,203	27,450	23,888	22,597	20,848	17,636	13,240
Cost of revenue	20,593	19,065	11,129	11,108	10,606	10,372	10,114	10,115	9,127	7,300
Gross profit	43,294	32,509	24,690	22,095	16,844	13,516	12,483	10,733	8,509	5,940
Research and development	10,977	9,310	5,253	4,919	4,854	4,968	4,696	3,768	3,302^r	2,674
Selling, general and administrative	4,211	4,959	1,592	1,382	1,347	1,935	1,709	1,056	789^r	806
Total operating expenses	17,810	19,046	8,483	7,870	8,325	9,502	9,039	5,598	6,138^r	6,349
Operating income	25,484	13,463	16,207	14,225	8,519	4,014	3,444	5,135	2,371^r	-409
Interest expense	3,210	3,953	1,622	1,737	1,885	1,777	1,444	628	454	585
Interest and investment income	347	461	535	100	16	53	98	114	44	10
Other income (expense), net	455	406	512	-54	131	206	226	144	74^r	10
Income before income taxes	22,729	9,916	15,097	12,434	6,765	2,443	2,226	4,545	1,825	-1,107
Income tax expense	-397	3,748	1,015	939	29	-518	-510	-8,084	35	642
Income from continuing operations	23,126	6,168	14,082	11,495	6,736	2,961	2,736	12,629	1,790	-1,749
Income from discontinued operations	0	-273	0	0	0	-1	-12	-19	-6	-112
Net income including non-controlling interests	23,126	5,895	14,082	11,495	6,736	2,960	2,724	12,610	1,784	-1,861
Net income to non-controlling interests	·	·	·	·	·	0	0	351	92	-122
Net income	·	5,895	14,082	11,495	·	·	·	12,259	1,692	-1,739
Preferred dividends	·	0	0	272	299	297	29	0	0	·
Net income to common shareholders	·	5,895	14,082	11,223	6,437	2,663	2,695	12,259	1,692	·
Earnings per share, basic	4.91	1.27	3.39^r	2.74^r	1.57^b	0.662^b	0.677^b	2.933^b	0.418^b	-0.475^b
Earnings per share, diluted	4.77	1.23	3.30^r	2.65^r	1.50^b	0.633^b	0.643^b	2.844^b	0.402^b	-0.486^b
Weighted average shares, basic	4,712	4,624	4,149^r	4,089^r	4,100^b	4,020^b	3,980^b	4,180^b	4,050^b	3,660^b
Weighted average shares, diluted	4,853	4,778	4,272^r	4,232^r	4,290^b	4,210^b	4,190^b	4,310^b	4,210^b	3,830^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 10-for-1 split of Jul 2024.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfRevenue
us-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton AVGO · research, not advice