Broadcom Inc. (AVGO)
As-reported financials and SEC filings for Broadcom Inc. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. 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
Fundamentals are from SEC filings for FY2025, the latest annual period (ended November 2, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and 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 Q3 FY2026: revenue $29.6B, up 85.5% from Q3 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).
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.
No reported insider purchases (code P) in the last 90 days; 53 insider sales totaling $283.7M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) 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 13 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| AQR Capital Managementquant | Q2 2026 | $2.52B | 6.7M | Added |
| Coatue Management | Q2 2026 | $2.21B | 5.8M | Added |
| Citadel Advisorsquant | Q2 2026 | $1.10B | 2.9M | Reduced |
| D. E. Shawquant | Q2 2026 | $1.03B | 2.7M | Reduced |
| Polen Capital Management | Q2 2026 | $740.5M | 2.0M | Reduced |
| Tiger Global Management | Q2 2026 | $662.6M | 1.8M | Reduced |
| Bridgewater Associates | Q2 2026 | $497.8M | 1.3M | Reduced |
| Sands Capital Management | Q2 2026 | $425.7M | 1.1M | Reduced |
| Point72 Asset Managementquant | Q2 2026 | $386.6M | 1.0M | Reduced |
| Renaissance Technologiesquant | Q2 2026 | $321.0M | 849.8K | Added |
| Two Sigma Investmentsquant | Q2 2026 | $211.7M | 560.5K | Reduced |
| ARK Investment Management | Q2 2026 | $153.8M | 407.2K | Reduced |
| Millennium Managementquant | Q2 2026 | $139.5M | 369.3K | Reduced |
| Gotham Asset Management | Q2 2026 | $127.6M | 337.8K | Reduced |
| Soros Fund Management | Q2 2026 | $62.4M | 165.2K | Added |
| Appaloosa | Q2 2026 | $56.7M | 150.0K | New |
| Whale Rock Capital Management | Q2 2026 | $22.6M | 59.8K | Reduced |
| Dodge & Cox | Q2 2026 | $7.3M | 19.3K | Held |
| Maverick Capital | Q2 2026 | $2.2M | 5.7K | New |
| Harris Associates (Oakmark) | Q2 2026 | $672,017 | 1.8K | Reduced |
No longer held by: Altimeter Capital Management (as of Q2 2026), Duquesne Family Office (as of Q2 2026), Third Point (as of Q2 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.
| Trade date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
2026-07-10 filed 2026-07-14 | Brazeal Mark DavidChief Legal & Corp Affairs Ofc | Sell | 25.0K | $401.33 | $10.0M |
2026-07-08 filed 2026-07-10 | Brazeal Mark DavidChief Legal & Corp Affairs Ofc | Sell | 25.0K | $379.19 | $9.5M |
2026-07-08 filed 2026-07-10 | DELLY GAYLA JDirector | Sell | 1.9K | $385.38 | $728K |
2026-06-29 filed 2026-07-01 | PAGE JUSTINEDirector | Sell | 1.6K | $373.86 | $599K |
2026-06-25 filed 2026-06-29 | Brazeal Mark DavidChief Legal & Corp Affairs Ofc | Sell | 25.0K | $387.00 | $9.7M |
2026-06-24 filed 2026-06-26 | SAMUELI HENRYDirector | Sell | 53.7K | $385.57 | $20.7M |
2026-06-24 filed 2026-06-26 | SAMUELI HENRYDirector | Sell | 49.8K | $380.57 | $19.0M |
2026-06-24 filed 2026-06-26 | SAMUELI HENRYDirector | Sell | 49.0K | $380.57 | $18.6M |
2026-06-24 filed 2026-06-26 | SAMUELI HENRYDirector | Sell | 47.5K | $385.61 | $18.3M |
2026-06-24 filed 2026-06-26 | SAMUELI HENRYDirector | Sell | 43.3K | $384.58 | $16.7M |
2026-06-24 filed 2026-06-26 | SAMUELI HENRYDirector | Sell | 41.3K | $384.63 | $15.9M |
2026-06-24 filed 2026-06-26 | SAMUELI HENRYDirector | Sell | 36.7K | $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.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 56.2M | -8.2% | 3.21 |
| 2026-07-31 | 61.2M | -10.8% | 3.22 |
| 2026-07-15 | 68.6M | -2.1% | 3.02 |
| 2026-06-30 | 70.1M | +14.1% | 2.23 |
| 2026-06-15 | 61.5M | +5.1% | 1.50 |
| 2026-05-29 | 58.5M | +9.8% | 2.87 |
| 2026-05-15 | 53.2M | +4.4% | 2.88 |
| 2026-04-30 | 51.0M | -6.6% | 2.59 |
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)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| 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 details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $16.18B | $9.35B | $14.19B | $12.42B | $12.16B |
| Current assets | $31.57B | $19.59B | $20.85B | $18.50B | $16.59B |
| Total assets | $171.09B | $165.65B | $72.86B | $73.25B | $75.57B |
| Current liabilities | $18.51B | $16.70B | $7.41B | $7.05B | $6.28B |
| Long-term debt | $61.98B | $66.30B | $37.62B | $39.08B | $41.23B |
| Total liabilities | $89.80B | $97.97B | $48.87B | $50.54B | $50.58B |
| Total equity | $81.29B | $67.68B | $23.99B | $22.71B | $24.96B |
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 details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| 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 details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q3 FY2026 | $29.59B | 85.5% | $13.09B | $2.68 |
| Q2 FY2026 | $22.19B | 47.9% | $9.31B | $1.91 |
| Q1 FY2026 | $19.31B | 29.5% | $7.35B | $1.50 |
| Q4 FY2025 | $18.02B | 28.2% | $8.52B | $1.74 |
| Q3 FY2025 | $15.95B | 22.0% | $4.14B | $0.85 |
| Q2 FY2025 | $15.00B | 20.2% | $4.96B | $1.03 |
| Q1 FY2025 | $14.92B | 24.7% | $5.50B | $1.14 |
| Q4 FY2024 | $14.05B | 51.2% | — | $0.90 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest semiconductor peers
AVGO head to head
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.