Broadcom income statement

In fiscal 2025, Broadcom reported revenue of $63.89bn, up 23.9% on the year before, operating income of $25.48bn (a 39.9% margin) and net income of $23.13bn, or $4.77 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Broadcom: income statement, annual
Fiscal year	2016Oct 2016	2017Oct 2017	2018Nov 2018	2019Nov 2019	2020Nov 2020	2021Oct 2021	2022Oct 2022	2023Oct 2023	2024Nov 2024	2025Nov 2025	LTMAug 2026
Revenue	13.2	17.6	20.8	22.6	23.9	27.5	33.2	35.8	51.6	63.9	89.1
Cost of revenue	7.3	9.1	10.1	10.1	10.4	10.6	11.1	11.1	19.1	20.6	27.8
Gross profit	5.9	8.5	10.7	12.5	13.5	16.8	22.1	24.7	32.5	43.3	61.3
Research and development	2.7	3.3	3.8	4.7	5.0	4.9	4.9	5.3	9.3	11.0	11.8
Selling, general and administrative	0.8	0.8	1.1	1.7	1.9	1.3	1.4	1.6	5.0	4.2	4.2
Operating income	−0.4	2.4	5.1	3.4	4.0	8.5	14.2	16.2	13.5	25.5	42.8
Interest expense	0.6	0.5	0.6	1.4	1.8	1.9	1.7	1.6	4.0	3.2	3.1
Income before tax	−1.1	1.8	4.5	2.2	2.4	6.8	12.4	15.1	9.9	22.7	40.5
Income tax	0.6	0.0	−8.1	−0.5	−0.5	0.0	0.9	1.0	3.7	−0.4	2.2
Net income	−1.7	1.7	12.3	2.7	2.7	6.4	11.5	14.1	5.9	23.1	38.3
Diluted EPS	−$0.49	$0.40	$2.84	$0.64	$0.63	$1.50	$2.65	$3.30	$1.23	$4.77	$7.83
Diluted shares (average)	3,830m	4,210m	4,310m	4,190m	4,210m	4,290m	4,232m	4,272m	4,778m	4,853m	4,885m
EBITDA	−0.0	2.8	5.7	4.0	4.6	9.1	14.8	16.7	14.1	26.1	43.4

US$ billions unless shown otherwise. Fiscal quarters.

Broadcom: income statement, quarterly
Quarter	2024 Q4Nov 2024	2025 Q1Feb 2025	2025 Q2May 2025	2025 Q3Aug 2025	2025 Q4Nov 2025	2026 Q1Feb 2026	2026 Q2May 2026	2026 Q3Aug 2026
Revenue	14.1	14.9	15.0	16.0	18.0	19.3	22.2	29.6
Cost of revenue	5.1	4.8	4.8	5.2	5.8	6.2	6.8	9.1
Gross profit	9.0	10.1	10.2	10.7	12.2	13.2	15.4	20.5
Research and development	2.2	2.3	2.7	3.1	3.0	3.0	3.0	2.9
Selling, general and administrative	1.0	0.9	1.1	1.1	1.1	1.0	1.1	1.0
Operating income	4.6	6.3	5.8	5.9	7.5	8.6	10.8	16.0
Interest expense	0.9	0.9	0.8	0.8	0.8	0.8	0.8	0.8
Income before tax	3.8	5.5	5.1	5.3	6.9	8.2	10.1	15.3
Income tax	−0.4	−0.0	0.1	1.1	−1.6	0.8	0.8	2.2
Net income	4.3	5.5	5.0	4.1	8.5	7.3	9.3	13.1
Diluted EPS	$0.90	$1.14	$1.03	$0.85	$1.75	$1.50	$1.91	$2.68
EBITDA	4.8	6.4	6.0	6.0	7.7	8.7	11.0	16.1

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Broadcom's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Broadcom.