Broadcom AVGO · Nasdaq Semiconductors & Related Devices · Fiscal year ends Nov 1
annual quarterly
Last 5 fiscal years
Revenue and net income $0 $20B $40B $60B $80B Oct 2021 Oct 2022 Oct 2023 Nov 2024 Nov 2025 Income statement Fiscal year Oct 2021 Oct 2022 Oct 2023 Nov 2024 Nov 2025 Revenue $27.5B $33.2B $35.8B $51.6B $63.9B Cost of revenue $10.6B $11.1B $11.1B $19.1B $20.6B Gross profit $16.8B $22.1B $24.7B $32.5B $43.3B Research & development $4.9B $4.9B $5.3B $9.3B $11B Selling, general & admin $1.3B $1.4B $1.6B $5B $4.2B Operating income $8.5B $14.2B $16.2B $13.5B $25.5B Interest expense $1.9B $1.7B $1.6B $4B $3.2B Pre-tax income $6.8B $12.4B $15.1B $9.9B $22.7B Income tax $29M $939M $1B $3.7B −$397M Net income $6.7B $11.5B $14.1B $5.9B $23.1B Diluted EPS 15.00 2.65 3.30 1.23 4.77 Diluted shares 429M 4,232M 4,272M 4,778M 4,853M
Balance sheet Fiscal year Oct 2021 Oct 2022 Oct 2023 Nov 2024 Nov 2025 Cash & equivalents $12.2B $12.4B $14.2B $9.3B $16.2B Receivables $2.1B $3B $3.2B $4.4B $7.1B Inventory $1.3B $1.9B $1.9B $1.8B $2.3B Current assets $16.6B $18.5B $20.8B $19.6B $31.6B Net PP&E $2.3B $2.2B $2.2B $2.5B $2.5B Goodwill $43.5B $43.6B $43.7B $97.9B $97.8B Total assets $75.6B $73.2B $72.9B $166B $171B Payables $1.1B $998M $1.2B $1.7B $1.6B Deferred revenue $2.6B $2.9B $2.5B $9.4B $9.5B Current liabilities $6.3B $7.1B $7.4B $16.7B $18.5B Short-term debt $264M $403M $1.6B $1.2B $3.2B Long-term debt $39.7B $39.1B $37.6B $66.3B $65.1B Total liabilities $50.6B $50.5B $48.9B $98B $89.8B Shareholders' equity $25B $22.7B $24B $67.7B $81.3B Backlog (remaining obligations) $13.6B $23.6B $20.3B $20.5B $33.3B
Cash flow Fiscal year Oct 2021 Oct 2022 Oct 2023 Nov 2024 Nov 2025 Operating cash flow $13.8B $16.7B $18.1B $20B $27.5B Capital expenditure $443M $424M $452M $548M $623M Free cash flow $13.3B $16.3B $17.6B $19.4B $26.9B Depreciation & amortisation $539M $529M $502M $593M $574M Stock-based compensation $1.7B $1.5B $2.2B $5.7B $7.6B Acquisitions $8M $246M $53M $26B $0 Share buybacks $0 $7B $5.8B $7.2B $2.5B Dividends paid $5.9B $6.7B $7.6B $9.8B $11.1B Dividend per share 14.40 1.64 1.84 2.10 2.36
Key ratios Fiscal year Oct 2021 Oct 2022 Oct 2023 Nov 2024 Nov 2025 Revenue growth (YoY) – 21.0% 7.9% 44.0% 23.9% Operating income growth (YoY) – 67.0% 13.9% −16.9% 89.3% EPS growth (YoY) – −82.3% 24.5% −62.7% 287.8% Gross margin 61.4% 66.5% 68.9% 63.0% 67.8% Operating margin 31.0% 42.8% 45.2% 26.1% 39.9% Net margin 24.5% 34.6% 39.3% 11.4% 36.2% Return on equity 27.0% 50.6% 58.7% 8.7% 28.4% ROCEEBIT ÷ (assets − current liabilities) 12.3% 21.5% 24.8% 9.0% 16.7% Free cash flow margin 48.5% 49.1% 49.2% 37.6% 42.1% Cash conversion (CFO ÷ net income) 2.04x 1.46x 1.28x 3.39x 1.19x Receivable days 28 33 32 31 41 Inventory days 45 63 62 34 40 Payable days 37 33 40 32 28 Interest cover 4.52x 8.19x 9.99x 3.41x 7.94x Debt ÷ equity 1.60x 1.74x 1.63x 1.00x 0.84x Net debtDebt − cash & equivalents; excludes investments; negative = net cash $27.8B $27.1B $25B $58.2B $52.1B Current ratio 2.64x 2.62x 2.82x 1.17x 1.71x
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.