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Nasdaq · Technology

Broadcom Inc. (AVGO)

As-reported financials and recent SEC filings for Broadcom Inc., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Broadcom Inc.

Broadcom Inc. designs, develops, and supplies semiconductor and semiconductor-based solutions along with infrastructure software solutions. Its products include digital and mixed signal devices, network interface cards, switches, and modules used in data centers, networking equipment, wireless devices, and storage systems. Broadcom serves business and government customers, including hyperscalers, original equipment manufacturers, and system integrators across markets such as networking connectivity, wireless device connectivity, servers and storage systems, and broadband.

Snapshot

Revenue
$63.89B
Revenue growth (YoY)
23.9%
Net income
$23.13B
Diluted EPS
$4.77
Gross margin
67.8%
Operating margin
39.9%
Net margin
36.2%
FCF margin
42.1%
ROE
28.4%
P/E (TTM)
63.9×
Market cap
$1.82T
Debt / equity
0.8×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Broadcom

  • Revenue grew 23.9% to $63.9B in FY2025, slower than the 44.0% the year before.
  • Operating margin is 39.9% in FY2025, +8.9 pp against 31.0% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $22.2B, up 47.9% from Q2 FY2025.
  • Free cash flow was $26.9B in FY2025, 42.1% of revenue.
  • Net income rose 292.3% to $23.1B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Broadcom’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin67.8%
91st percentile of 78
Operating margin39.9%
97th percentile of 79
Net margin36.2%
97th percentile of 80
FCF margin42.1%
96th percentile of 78
Revenue growth (YoY)+23.9%
69th percentile of 88
ROE28.4%
93rd percentile of 74
P/E (TTM)63.9×
57th percentile of 45
Debt / equity0.76×
86th percentile of 45
Short interest3.02d
60th percentile of 88

Broadcom’s operating margin of 39.9% ranks in the 97th percentile of the 79 semiconductor companies reporting it. Broadcom’s net margin of 36.2% ranks in the 97th percentile of the 80 semiconductor companies reporting it. Broadcom’s FCF margin of 42.1% ranks in the 96th percentile of the 78 semiconductor companies reporting it.

1 open-market insider buy totaling $373,570 in the last 90 days, against 53 sales totaling $283.7M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 14 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
14
+7 quant / multi-strat
Initiated / added
13
4 new, 9 added
Reduced / exited
9
8 trimmed, 1 exited
Combined position
$12.46B
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ1 2026$2.02B6.5MAdded
AQR Capital ManagementquantQ1 2026$1.87B6.2MAdded
Coatue ManagementQ1 2026$1.70B5.5MReduced
Tiger Global ManagementQ1 2026$1.11B3.6MAdded
Citadel AdvisorsquantQ1 2026$1.01B3.3MReduced
Polen Capital ManagementQ1 2026$834.9M2.7MReduced
Point72 Asset ManagementquantQ1 2026$701.4M2.3MReduced
Two Sigma InvestmentsquantQ1 2026$688.7M2.2MNew
Millennium ManagementquantQ1 2026$665.8M2.2MReduced
Bridgewater AssociatesQ1 2026$568.1M1.8MAdded
Sands Capital ManagementQ1 2026$434.2M1.4MReduced
Renaissance TechnologiesquantQ1 2026$245.7M793.8KAdded
Whale Rock Capital ManagementQ1 2026$228.2M737.1KReduced
ARK Investment ManagementQ1 2026$126.2M407.8KNew
Gotham Asset ManagementQ1 2026$106.9M345.3KAdded
Duquesne Family OfficeQ1 2026$60.6M196.0KNew
Soros Fund ManagementQ1 2026$48.0M155.1KAdded
Altimeter Capital ManagementQ1 2026$20.8M67.1KAdded
Third PointQ1 2026$15.5M50.0KNew
Dodge & CoxQ1 2026$6.0M19.3KReduced
Harris Associates (Oakmark)Q1 2026$561,1421.8KAdded

No longer held by: Lone Pine Capital (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$374K
open-market value
Sells (90d)
53
$283.7M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-10
filed 2026-07-14
Brazeal Mark DavidChief Legal & Corp Affairs OfcSell25.0K$401.33$10.0M
2026-07-08
filed 2026-07-10
Brazeal Mark DavidChief Legal & Corp Affairs OfcSell25.0K$379.19$9.5M
2026-07-08
filed 2026-07-10
DELLY GAYLA JDirectorSell1.9K$385.38$728K
2026-06-29
filed 2026-07-01
PAGE JUSTINEDirectorSell1.6K$373.86$599K
2026-06-25
filed 2026-06-29
Brazeal Mark DavidChief Legal & Corp Affairs OfcSell25.0K$387.00$9.7M
2026-06-24
filed 2026-06-26
SAMUELI HENRYDirectorSell53.7K$385.57$20.7M
2026-06-24
filed 2026-06-26
SAMUELI HENRYDirectorSell49.8K$380.57$19.0M
2026-06-24
filed 2026-06-26
SAMUELI HENRYDirectorSell49.0K$380.57$18.6M
2026-06-24
filed 2026-06-26
SAMUELI HENRYDirectorSell47.5K$385.61$18.3M
2026-06-24
filed 2026-06-26
SAMUELI HENRYDirectorSell43.3K$384.58$16.7M
2026-06-24
filed 2026-06-26
SAMUELI HENRYDirectorSell41.3K$384.63$15.9M
2026-06-24
filed 2026-06-26
SAMUELI HENRYDirectorSell36.7K$381.68$14.0M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
68.6M
settled 2026-07-15
Change vs prior
-2.1%
vs previous settlement
Days to cover
3.02
at avg daily volume
Avg daily volume
22.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1568.6M-2.1%3.02
2026-06-3070.1M+14.1%2.23
2026-06-1561.5M+5.1%1.50
2026-05-2958.5M+9.8%2.87
2026-05-1553.2M+4.4%2.88
2026-04-3051.0M-6.6%2.59
2026-04-1554.6M+2.4%2.32
2026-03-3153.4M+1.6%1.96

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$63.89B$51.57B$35.82B$33.20B$27.45B
Gross profit$43.29B$32.51B$24.69B$22.09B$16.84B
Operating income$25.48B$13.46B$16.21B$14.22B$8.52B
Net income$23.13B$5.89B$14.08B$11.49B$6.74B
Diluted EPS$4.77$1.23$3.30$2.65$1.50

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$27.54B$19.96B$18.09B$16.74B$13.76B
Capital expenditure$623.0M$548.0M$452.0M$424.0M$443.0M
Free cash flow$26.91B$19.41B$17.63B$16.31B$13.32B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$22.19B47.9%$9.31B$1.91
Q1 FY2026$19.31B29.5%$7.35B$1.50
Q4 FY2025$18.02B28.2%$8.52B$1.74
Q3 FY2025$15.95B22.0%$4.14B$0.85
Q2 FY2025$15.00B20.2%$4.96B$1.03
Q1 FY2025$14.92B24.7%$5.50B$1.14
Q4 FY2024$14.05B51.2%$0.90
Q3 FY2024$13.07B47.3%$-1.88B$-0.40

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Fiscal year endNovember 1
Latest fiscal periodFY2025
SEC filings since2018
SEC CIK1730168

Recent SEC filings

10-K2025-12-18
View on EDGAR →
10-K2024-12-20
View on EDGAR →
10-Q2026-06-09
View on EDGAR →
10-Q2026-03-11
View on EDGAR →
10-Q2025-09-10
View on EDGAR →
10-Q2025-06-11
View on EDGAR →
8-K2026-07-06
View on EDGAR →
8-K2026-06-18
View on EDGAR →

Largest semiconductor peers

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.