Broadcom vs NVIDIA (AVGO vs NVDA)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
NVIDIA is the larger company by revenue ($215.9B vs $63.9B) and market value ($5.2T vs $1.6T). NVIDIA has grown revenue faster over the last 4 fiscal years (+702.3% cumulative vs +132.7%). NVIDIA runs the higher operating margin (60.4% vs 39.9%). NVIDIA trades at the lower trailing P/E (28.9x vs 45.4x).
About Broadcom
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.
About NVIDIA
NVIDIA Corporation develops accelerated computing platforms primarily based on its graphics processing units (GPUs) and related software. The company serves data centers, gaming, professional visualization, and automotive markets by providing hardware, software, and networking solutions that support artificial intelligence, scientific computing, and graphics applications. Its customers include cloud service providers, enterprises, researchers, and developers across various industries.
Head to head (AVGO FY2025 vs NVDA FY2026)
| Metric | AVGOFY2025 | NVDAFY2026 |
|---|---|---|
| Revenue | $63.89B | $215.94B |
| Revenue growth (YoY) | 23.9% | 65.5% |
| Gross margin | 67.8% | 71.1% |
| Operating margin | 39.9% | 60.4% |
| Net margin | 36.2% | 55.6% |
| Net income | $23.13B | $120.07B |
| Diluted EPS | $4.77 | $4.90 |
| FCF margin | 42.1% | 44.8% |
| ROE | 28.4% | 76.3% |
| Long-term debt / equity | 0.76× | 0.05× |
| Market cap | $1.64T | $5.25T |
| P/E | 45.4× | 28.9× |
Fundamentals are from each company’s SEC filings (AVGO FY2025, NVDA FY2026). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| AVGO by fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $27.45B | $33.20B | $35.82B | $51.57B | $63.89B |
| Net income | $6.74B | $11.49B | $14.08B | $5.89B | $23.13B |
| Operating margin | 31.0% | 42.8% | 45.2% | 26.1% | 39.9% |
| NVDA by fiscal year | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $26.91B | $26.97B | $60.92B | $130.50B | $215.94B |
| Net income | $9.75B | $4.37B | $29.76B | $72.88B | $120.07B |
| Operating margin | 37.3% | 15.7% | 54.1% | 62.4% | 60.4% |
Broadcom and NVIDIA use different fiscal calendars (AVGO's FY2025 ended 2025-11-02, NVDA's FY2026 ended 2026-01-25), so their fiscal years are shown separately rather than forced into one timeline.
Peer standing
Where each company ranks among the 89 semiconductor companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | AVGO | NVDA |
|---|---|---|
| Gross margin | 67.8%90th percentile of 79 | 71.1%94th percentile of 79 |
| Operating margin | 39.9%96th percentile of 80 | 60.4%97th percentile of 80 |
| Net margin | 36.2%96th percentile of 81 | 55.6%98th percentile of 81 |
| FCF margin | 42.1%95th percentile of 79 | 44.8%97th percentile of 79 |
| Revenue growth (YoY) | +23.9%66th percentile of 88 | +65.5%86th percentile of 88 |
| ROE | 28.4%92nd percentile of 76 | 76.3%Highest of 76 |
| P/E | 45.4×57th percentile of 43 | 28.9×33rd percentile of 43 |
| Long-term debt / equity | 0.76×82nd percentile of 46 | 0.05×27th percentile of 46 |
| Short interest (days to cover) | 2.32d28th percentile of 89 | 2.82d40th percentile of 89 |
Short interest
| FINRA settlement data | AVGO | NVDA |
|---|---|---|
| Shares sold short | 54.2M | 311.4M |
| Change vs prior settlement | +4.4% | +5.8% |
| Days to cover | 2.32 | 2.82 |
| As of settlement | 2026-09-30 | 2026-09-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 activity (codes P/S) | AVGO | NVDA |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 16 ($250.0M) | 25 ($967.6M) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
20 tracked 13F managers hold both Broadcom and NVIDIA as of their latest quarterly filings: AQR Capital Management, ARK Investment Management, Appaloosa, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Harris Associates (Oakmark), Maverick Capital, Millennium Management and 8 more. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.