Broadcom vs NVIDIA
NVIDIA is the larger business, with $215.94bn of revenue in fiscal 2026 against $63.89bn for Broadcom (3.4 times as much). NVIDIA grew faster (65.5% against 23.9%). NVIDIA kept more of each dollar of sales as profit: a net margin of 55.6% against 36.2%. NVIDIA carries less debt relative to equity (5.4% against 82.6%).
| Latest fiscal year | BroadcomAVGO, 2025 | NVIDIANVDA, 2026 |
|---|---|---|
| Revenue | $63.89bn | $215.94bn |
| Revenue growth | 23.9% | 65.5% |
| Net income | $23.13bn | $120.07bn |
| Operating margin | 39.9% | 60.4% |
| Net margin | 36.2% | 55.6% |
| Return on equity | 31.0% | 101.5% |
| Free cash flow | $26.91bn | $96.68bn |
| Cash | $16.18bn | $10.61bn |
| Total debt | $67.12bn | $8.47bn |
| Debt to equity | 82.6% | 5.4% |
| Dividend per share | $2.36 | $0.04 |
| Dividend yield | 0.8% | 0.1% |
| Share buybacks | $2.45bn | $40.09bn |
| Employees | 33,000 | 42,000 |
| Market value | $1.59tn | $5.03tn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 75 (Strong) | 90 (Strong) |
| Insider trades, 12 months | 2 buys, 280 sales | 0 buys, 187 sales |