Broadcom Inc. (AVGO) Financial Statements

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Broadcom financial statements at a glance

Broadcom reported revenue of $63.89 billion for fiscal year 2025 (ended October 31, 2025), up 23.9% from fiscal year 2024. Net income was $23.13 billion, a net margin of 36.2%, and diluted earnings per share were $4.77.

At the end of fiscal year 2025 it had total assets of $171.09 billion, total liabilities of $89.80 billion and shareholders' equity of $81.29 billion, with cash and short-term investments of $16.18 billion and total debt of $65.14 billion.

Its operations brought in $27.54 billion of cash; capital spending was $623.00 million, leaving free cash flow of $26.91 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended October 31, 2025.

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Broadcom Inc.

AVGOUnited States
Technology
USD (Local)

Income Statement

Annual • USD

Total Revenue
63.89B
Prev Year: 51.57B
YoY: +23.9%
Operating Revenue
63.89B
Prev Year: 51.57B
YoY: +23.9%
Net Income from Continuing Operation Net Minority Interest
23.13B
Prev Year: 6.17B
YoY: +274.9%
Total Unusual Items Excluding Goodwill
-608.00M
Prev Year: -1.54B
YoY: +60.6%
Total Unusual Items
-608.00M
Prev Year: -1.54B
YoY: +60.6%
Normalized EBITDA
35.32B
Prev Year: 25.42B
YoY: +38.9%
Tax Rate for Calcs
0.21
Prev Year: 0
Tax Effect of Unusual Items
-127.68M
Prev Year: -584.01M
YoY: +78.1%
Gain on Sale of Securities
-17.00M
Prev Year: -12.00M
YoY: -41.7%
Depreciation Amortization Depletion
2.03B
Prev Year: 3.24B
YoY: -37.4%
Depreciation and amortization
2.03B
Prev Year: 3.24B
YoY: -37.4%
Amortization
2.03B
Prev Year: 3.24B
YoY: -37.4%
Amortization of Intangibles
2.03B
Prev Year: 3.24B
YoY: -37.4%
Cost of Revenue
20.59B
Prev Year: 19.07B
YoY: +8.0%
Gross Profit
43.29B
Prev Year: 32.51B
YoY: +33.2%
Operating Expense
17.22B
Prev Year: 17.51B
YoY: -1.7%
Selling General and Administrative
4.21B
Prev Year: 4.96B
YoY: -15.1%
Research and Development
10.98B
Prev Year: 9.31B
YoY: +17.9%
Operating Income
26.07B
Prev Year: 15.00B
YoY: +73.9%
Net Non Operating Interest Income Expense
-2.86B
Prev Year: -3.49B
YoY: +18.0%
Non-operating Interest Income
347.00M
Prev Year: 461.00M
YoY: -24.7%
Non-operating Interest Expense
3.21B
Prev Year: 3.95B
YoY: -18.8%
Other Income Expense
-483.00M
Prev Year: -1.59B
YoY: +69.6%
Special Income Charges
-591.00M
Prev Year: -1.53B
YoY: +61.4%
Restructuring and Mergers Acquisition
591.00M
Prev Year: 1.53B
YoY: -61.4%
Other Non-operating Income (expense)
125.00M
Prev Year: -43.00M
YoY: +390.7%
Pre-tax Income
22.73B
Prev Year: 9.92B
YoY: +129.2%
Provision for Income Taxes
-397.00M
Prev Year: 3.75B
YoY: -110.6%
Net Income Common Stockholders
23.13B
Prev Year: 5.89B
YoY: +292.3%
Net Income
23.13B
Prev Year: 5.89B
YoY: +292.3%
Net Income Including Non-Controlling Interests
23.13B
Prev Year: 5.89B
YoY: +292.3%
Net Income from Continuing Operations
23.13B
Prev Year: 6.17B
YoY: +274.9%
Diluted NI Available to Com Stockholders
23.13B
Prev Year: 5.89B
YoY: +292.3%
Average Dilution Earnings
-
Basic EPS
4.91
Prev Year: 1.27
YoY: +286.6%
Diluted EPS
4.77
Prev Year: 1.23
YoY: +287.8%
Weighted Average Shares (basic)
4.71B
Prev Year: 4.62B
YoY: +1.9%
Weighted Average Shares (diluted)
4.85B
Prev Year: 4.78B
YoY: +1.6%
Total Operating Income as Reported
25.48B
Prev Year: 13.46B
YoY: +89.3%
Total Expenses
37.81B
Prev Year: 36.58B
YoY: +3.4%
Net Income from Continuing and Discontinued Operation
23.13B
Prev Year: 5.89B
YoY: +292.3%
Normalized Income
23.61B
Prev Year: 7.13B
YoY: +231.1%
Interest Income
347.00M
Prev Year: 461.00M
YoY: -24.7%
Interest Expense
3.21B
Prev Year: 3.95B
YoY: -18.8%
Net Interest Income
-2.86B
Prev Year: -3.49B
YoY: +18.0%
EBIT
25.94B
Prev Year: 13.87B
YoY: +87.0%
EBITDA
34.71B
Prev Year: 23.88B
YoY: +45.4%
Reconciled Cost of Revenue
13.85B
Prev Year: 12.30B
YoY: +12.6%
Reconciled Depreciation
8.78B
Prev Year: 10.01B
YoY: -12.3%
Values in USD

Broadcom key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$63.9B$51.6B$35.8B$33.2B$27.5B
Gross profit$43.3B$32.5B$24.7B$22.1B$16.8B
Operating income$26.1B$15.0B$16.5B$14.3B$8.7B
Net income$23.1B$5.9B$14.1B$11.2B$6.4B
Diluted EPS$4.77$1.23$3.30$2.65$1.50
Total assets$171.1B$165.6B$72.9B$73.2B$75.6B
Total liabilities$89.8B$98.0B$48.9B$50.5B$50.6B
Shareholders' equity$81.3B$67.7B$24.0B$22.7B$25.0B
Cash and short-term investments$16.2B$9.3B$14.2B$12.4B$12.2B
Total debt$65.1B$67.6B$39.2B$39.5B$39.7B
Operating cash flow$27.5B$20.0B$18.1B$16.7B$13.8B
Capital spending$623.0M$548.0M$452.0M$424.0M$443.0M
Free cash flow$26.9B$19.4B$17.6B$16.3B$13.3B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Broadcom's revenue in fiscal year 2025?

$63.89 billion, up 23.9% from $51.57 billion in fiscal year 2024.

How much profit does Broadcom make?

Broadcom reported net income of $23.13 billion for fiscal year 2025 (36.2% of revenue); operating income was $26.08 billion.

How much cash and debt does Broadcom have?

At the end of fiscal year 2025: cash and short-term investments of $16.18 billion and total debt of $65.14 billion.

What is Broadcom's free cash flow?

$26.91 billion in fiscal year 2025 (operating cash flow of $27.54 billion minus capital spending of $623.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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