Broadcom vs Qualcomm Inc/de (AVGO vs QCOM)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Broadcom is the larger company by revenue ($63.9B vs $44.3B) and market value ($1.9T vs $193.9B). Broadcom has grown revenue faster over the last 4 fiscal years (+132.7% cumulative vs +31.9%). Broadcom runs the higher operating margin (39.9% vs 27.9%). Qualcomm Inc/de trades at the lower trailing P/E (19.8x vs 66.7x).
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 Qualcomm Inc/de
Qualcomm is a global technology company that develops and commercializes foundational technologies including on-device artificial intelligence, high-performance computing, and advanced wireless connectivity. It supplies integrated circuit platforms and system software for mobile devices, automotive systems, and the internet of things, and licenses its intellectual property related to cellular technologies and other innovations. Qualcomm serves manufacturers, operators, developers, and various industries by providing chips, software, and licensing for wireless products and digital experiences.
Head to head (AVGO FY2025 vs QCOM FY2025)
| Metric | AVGOFY2025 | QCOMFY2025 |
|---|---|---|
| Revenue | $63.89B | $44.28B |
| Revenue growth (YoY) | 23.9% | 13.7% |
| Gross margin | 67.8% | 55.4% |
| Operating margin | 39.9% | 27.9% |
| Net margin | 36.2% | 12.5% |
| Net income | $23.13B | $5.54B |
| Diluted EPS | $4.77 | $5.01 |
| FCF margin | 42.1% | 28.9% |
| ROE | 28.4% | 26.1% |
| Debt / equity | 0.8× | 0.7× |
| Market cap | $1.90T | $193.91B |
| P/E (TTM) | 66.7× | 19.8× |
Fundamentals are from each company’s SEC filings (AVGO FY2025, QCOM FY2025). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| AVGO | $27.45B | $33.20B | $35.82B | $51.57B | $63.89B |
| QCOM | $33.57B | $44.20B | $35.82B | $38.96B | $44.28B |
Peer standing
These companies are ranked against different peer groups (Broadcom vs 88 semiconductor companies; Qualcomm Inc/de vs 625 Technology companies), so each is shown against its own peers rather than on one scale.
Broadcom
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.
Qualcomm Inc/de
Qualcomm Inc/de’s operating margin of 27.9% ranks in the 92nd percentile of the 562 Technology companies reporting it. Qualcomm Inc/de’s FCF margin of 28.9% ranks in the 88th percentile of the 541 Technology companies reporting it. Qualcomm Inc/de’s return on equity of 26.1% ranks in the 86th percentile of the 536 Technology companies reporting it.
Short interest
| FINRA settlement data | AVGO | QCOM |
|---|---|---|
| Shares sold short | 70.1M | 40.2M |
| Change vs prior settlement | +14.1% | -9.9% |
| Days to cover | 2.23 | 1.56 |
| As of settlement | 2026-06-30 | 2026-06-30 |
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 open-market activity | AVGO | QCOM |
|---|---|---|
| Buys | 1 ($373,570) | 0 |
| Sells | 53 ($283.7M) | 53 ($5.9M) |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
9 tracked 13F managers hold both Broadcom and Qualcomm Inc/de as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Gotham Asset Management, Millennium Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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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 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.