Broadcom Inc. logo

Broadcom Inc.

AVGO
Q2 2025

Revenue

$16B

+6%

Net Income

$4B

-17%
AVGO
Technology
Semiconductors

Broadcom Inc.

CIK: 0001730168

Broadcom Inc. logo

Next Earnings Report

Estimated based on historical filing patterns

Sun, Sep 13, 2026
Estimated
10-K
FQ4 2025

This date is an estimate based on the company's typical quarterly filing schedule. The actual filing date may vary.

Earnings Analysis

Analyzed 6 of 12 reports

Performance Summary - Q2 2025
bullish
raised

Revenue
$16.0B
QoQ:+6.3%
YoY:+79.7%
Net Income
$4.1B
QoQ:-16.6%
YoY:+25.3%
Peer Comparison
Tech
(26 peers)
Peers: AAPL, MSFT, GOOGL, AMZN, META, TSLA, NVDA, SNOW, PLTR, NET, CRWD, DDOG, ZS, OKTA, MDB, TEAM, U, RBLX, AMD, INTC, QCOM, COIN, HOOD, CORZ, DOCN, IONQ
Analyze peer companies to see comparative metrics here

Financial Performance Trend

Sentiment:
bull
bull
bull
bear
bull
bull
Guidance:
maintain
maintain
maintain
maintain
raised
raised

Overall Analysis & Outlook

Over the past 5 quarters, Broadcom Inc. has been consistently bullish with stable guidance. Revenue has grown 82.7% during this period. The latest quarter shows bullish sentiment with positive tone from management.

Latest Quarter Highlights:

Broadcom delivered strong Q2 performance driven by AI semiconductor solutions and infrastructure software. Revenue grew 22% to $15.9B, with robust demand in networking and AI-related products. Operating cash flow was $7.2B, highlighting strong financial performance.

Detailed Quarterly Reports

In-depth analysis of each quarter's earnings filing

Q2 2025

10-Q • Filed 9/10/2025

bullish

Summary

Broadcom delivered strong Q2 performance driven by AI semiconductor solutions and infrastructure software. Revenue grew 22% to $15.9B, with robust demand in networking and AI-related products. Operating cash flow was $7.2B, highlighting strong financial performance.

Revenue

$15.95B

Net Income

$4.14B

Guidance

raised

Tone

positive

Capex

$386M

Key Quotes

"Strong demand for our networking products, primarily custom AI accelerators and AI networking solutions"

"Strong demand for our VMware Cloud Foundation product"

Q1 2025

10-Q • Filed 6/11/2025

bullish

Summary

Broadcom delivered strong quarterly performance driven by AI networking solutions and infrastructure software. Revenue grew 20% year-over-year to $15 billion, with net income of $4.965 billion, reflecting robust demand across semiconductor and software segments.

Revenue

$15.00B

Net Income

$4.96B

Guidance

raised

Tone

positive

Capex

$244M

Key Quotes

"Strong demand for our networking products, primarily AI networking solutions"

"We generated $6,555 million of cash from operations"

Q2 2024

10-Q • Filed 9/11/2024

bearish

Summary

Broadcom reported a mixed Q2, with strong revenue of $13.1B driven by VMware acquisition, but experiencing a net loss of $1.9B. The company sold its EUC business and continues to focus on semiconductor and infrastructure software solutions.

Revenue

$13.07B

Net Income

$-1,875M

Guidance

maintained

Tone

cautious

Capex

$426M

Key Quotes

"We acquired VMware to enhance our infrastructure software capabilities."

"We are integrating the acquired business, aligning our workforce and improving efficiencies in our operations."

Q1 2024

10-Q • Filed 6/13/2024

bullish

Summary

Broadcom delivered strong quarterly results driven by the VMware acquisition, generating $12.5B in revenue and $2.1B in net income. The company continues to execute on its software and semiconductor strategy, with ongoing restructuring and integration efforts.

Revenue

$12.49B

Net Income

$2.12B

Guidance

maintained

Tone

confident

Capex

$254M

Partnerships

Seagate (SoC acquisition)

Key Quotes

"We are a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions"

"Our portfolio of infrastructure and security software is designed to modernize, optimize, and secure the most complex private and hybrid cloud environments"

Q2 2023

10-Q • Filed 9/6/2023

bullish

Summary

Broadcom delivered solid Q2 results with 5% revenue growth, strong semiconductor solutions segment performance, and robust cash generation. Management remains confident about business fundamentals and continues to focus on returning capital to shareholders through dividends and stock repurchases.

Revenue

$8.88B

Net Income

$3.30B

Guidance

maintained

Tone

confident

Capex

$347M

Key Quotes

"We generated $4,719 million of cash from operations."

"Net revenue from our semiconductor solutions segment increased due to strong product demand, primarily for networking products."

Q1 2023

10-Q • Filed 6/7/2023

bullish

Summary

Broadcom delivered strong Q1 2023 results with robust semiconductor and infrastructure software segment performance. Revenue grew 8% year-over-year, driven by strong demand in networking, server storage, and broadband products, with continued high customer concentration and healthy gross margins.

Revenue

$8.73B

Net Income

$3.48B

Guidance

maintained

Tone

positive

Capex

$225M

Key Quotes

"We generated $4,502 million of cash from operations."

"Net revenue from our semiconductor solutions segment increased due to strong product demand, primarily for networking, server storage and broadband products."

Sector Comparison

How AVGO performs vs Technology sector and Semiconductors peers

Sector Ranking (Technology)

#4of 16

Category Ranking (Semiconductors)

#2of 5

Key Metrics vs Averages

Revenue (Quarterly)
15% below avg

AVGO

$15,952M

Semiconductors Avg

$18,720.8M

Technology Avg

$10,432.731M

Overall Sentiment
bullish

Guidance: raised • Tone: positive