Global technology company designing semiconductor and infrastructure software solutions for data centers, networking, and wireless.
Profile & Fundamentals
Broadcom: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Broadcom Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. The company operates in two segments: Semiconductor Solutions and Infrastructure Software. The company offers networking connectivity, such as custom silicon solutions, ethernet switching & routing, ethernet NIC controllers, physical layer devices, and fiber optic components; wireless device connectivity, including RF semiconductor devices, connectivity solutions, custom touch controllers, and inductive charging ASICS; servers and storage system solutions, such as PCIE switches, SAS & raid products, fibre channel products, and HDD & SSD solutions; broadband solutions, includes set-top box, and broadband access; and industrial. The company also offers a private cloud software portfolio, including the VMware Cloud Foundation, Edge, vSphere foundation, telco cloud platform, private AI, live recovery, application networking and security, application development and data services; mainframe software, such as AIOPS & automation, database & data management, DEVX & DEVOPS, cybersecurity & compliance management, beyond code programs, foundational & open mainframe solutions; cybersecurity, such as endpoint, network, information, application security, and identity & access management; enterprise software; and fc san management. Its products are used in various applications in enterprise and data center networking, including artificial intelligence networking and connectivity, home connectivity, set-top boxes, broadband access, telecommunication equipment, wireless device and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.
Company profile record
Broadcom Inc
Common Stock · Information Technology · Semiconductors
Company
- Company / asset
- Broadcom Inc
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Semiconductors
- HQ
- 🇺🇸 United States
- Head office
- 3421 Hillview Ave, Palo Alto, CA, United States, 94304
Leadership & scale
- Chief executive
- Mr. Hock Eng Tan
- CEO year born
- 1952
- Full-time employees
- 33K
- Fiscal year end
- October
- IPO date
- 2009-08-06
Fundamentals snapshot
- Market Cap
- USD 1.84T
- P/E
- 48.0x
- Revenue (Q3 26)
- USD 29.6B
- Profit (Q3 26)
- USD 13.1B
- Dividend Yield
- 0.5%
- Revenue (FY 25)
- USD 63.9B
- Shares in public float
- 4.7B
- Insider ownership
- 1.94%
Reporting & identifiers
- Symbol
- AVGO.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US11135F1012
- Asset ID
- equity_fc633f29-09e3-5814-a9d1-7b1ce0913f78
Ownership
Shares Outstanding
Latest: 4.9B | Max: 4.9B | Min: 4.2B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
96.49%
4.7B latest reported shares
Insider Ownership
1.94%
Latest reported insider stake
Short Float
0.01%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 4,239,999,900 |
| 2018-01-01 | 4,229,999,900 |
| 2019-01-01 | 4,159,999,900 |
| 2020-01-01 | 4,270,676,600 |
| 2021-01-01 | 4,310,776,900 |
| 2022-01-01 | 4,290,000,000 |
| 2023-01-01 | 4,270,000,000 |
| 2024-01-01 | 4,828,000,000 |
| 2025-01-01 | 4,889,000,000 |
| 2026-01-01 | 4,887,000,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 385,944,774 | 8.08% | 2026-03-31 |
| Vanguard Capital Management, LLC | 308,015,865 | 6.45% | 2026-03-31 |
| State Street Corp | 191,380,232 | 4.01% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 150,471,049 | 3.15% | 2026-08-31 |
| Vanguard Portfolio Management, LLC | 128,422,947 | 2.69% | 2026-03-31 |
| Vanguard 500 Index Investor | 125,785,702 | 2.64% | 2026-08-31 |
| FMR Inc | 124,112,876 | 2.6% | 2026-03-31 |
| Capital World Investors | 121,892,859 | 2.55% | 2026-06-30 |
| Geode Capital Management, LLC | 114,280,922 | 2.39% | 2026-03-31 |
| Capital Research Global Investors | 113,126,312 | 2.37% | 2026-06-30 |
| JPMorgan Chase & Co | 91,782,808 | 1.92% | 2026-03-31 |
| T. Rowe Price Associates, Inc. | 84,470,754 | 1.77% | 2026-03-31 |
| Capital Research & Mgmt Co - Division 3 | 81,822,766 | 1.71% | 2026-06-30 |
| Morgan Stanley - Brokerage Accounts | 75,935,152 | 1.59% | 2026-03-31 |
| Amvescap Plc. | 69,353,358 | 1.45% | 2026-03-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Broadcom's financial performance shows extraordinary top-line momentum driven by artificial intelligence infrastructure demand. In the third quarter of fiscal 2026, revenue jumped 85.5% year-over-year to $29.6 billion, while quarterly net income surged to $13.09 billion. This explosion was led by custom AI accelerators tripling to $16.7 billion, while VMware software added $8.75 billion in steady revenue. Trailing twelve-month revenue reached $89.1 billion, demonstrating that custom silicon has transformed from a secondary engineering project into the company's primary growth engine. However, headline numbers partially conceal an important shift in product composition. High-volume custom chips require expensive third-party memory components that dilute gross profit percentages, even as total profit dollars expand. High cash generation remains the business's strongest attribute, with trailing twelve-month free cash flow reaching $39.4 billion. This unmatched cash conversion provides reliable funding to pay down acquisition debt and return capital to shareholders.
Broadcom's financial performance shows extraordinary top-line momentum driven by artificial intelligence infrastructure demand. In the third quarter of fiscal 2026, revenue jumped 85.5% year-over-year to $29.6 billion, while quarterly net income surged to $13.09 billion. This explosion was led by custom AI accelerators tripling to $16.7 billion, while VMware software added $8.75 billion in steady revenue. Trailing twelve-month revenue reached $89.1 billion, demonstrating that custom silicon has transformed from a secondary engineering project into the company's primary growth engine. However, headline numbers partially conceal an important shift in product composition. High-volume custom chips require expensive third-party memory components that dilute gross profit percentages, even as total profit dollars expand. High cash generation remains the business's strongest attribute, with trailing twelve-month free cash flow reaching $39.4 billion. This unmatched cash conversion provides reliable funding to pay down acquisition debt and return capital to shareholders.
Revenue, Net Income, and Free Cash Flow
Latest: USD 63.9B | Max: USD 63.9B | Min: USD -1.7B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 78x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Broadcom generates exceptional operating profitability that ranks among the highest in the technology industry. Operating margin reached 39.9% in fiscal 2025 and expanded further on an adjusted basis in fiscal 2026 as redundant VMware expenses were eliminated. High-margin software renewals operating near eighty percent margins provide a lucrative profit foundation that covers corporate overhead. However, profit margins are experiencing a noticeable split between gross and operating results. Consolidated gross margin has drifted down toward 73% because custom AI server systems require passing through costly high-bandwidth memory and optical parts with minimal markup. Fortunately, strong operating leverage offsets this gross margin pressure: because operating expenses grow much more slowly than revenue, total operating cash flow continues expanding at a rapid pace.
Broadcom generates exceptional operating profitability that ranks among the highest in the technology industry. Operating margin reached 39.9% in fiscal 2025 and expanded further on an adjusted basis in fiscal 2026 as redundant VMware expenses were eliminated. High-margin software renewals operating near eighty percent margins provide a lucrative profit foundation that covers corporate overhead. However, profit margins are experiencing a noticeable split between gross and operating results. Consolidated gross margin has drifted down toward 73% because custom AI server systems require passing through costly high-bandwidth memory and optical parts with minimal markup. Fortunately, strong operating leverage offsets this gross margin pressure: because operating expenses grow much more slowly than revenue, total operating cash flow continues expanding at a rapid pace.
Profitability Margins
Latest: 67.8% | Max: 68.9% | Min: -13.1%
Latest Profitability Ratios as of 2025-10-31
Gross Margin
67.8%
Gross profit / revenue
Operating Margin
39.9%
Operating income / revenue
Net Margin
36.2%
Net income / revenue
FCF Margin
42.1%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-10-31 | 13,240,000,000 | -1,739,000,000 | 2,688,000,000 |
| 2017-10-31 | 17,636,000,000 | 1,692,000,000 | 5,482,000,000 |
| 2018-10-31 | 20,848,000,000 | 12,259,000,000 | 8,245,000,000 |
| 2019-10-31 | 22,597,000,000 | 2,724,000,000 | 9,265,000,000 |
| 2020-10-31 | 23,888,000,000 | 2,960,000,000 | 11,598,000,000 |
| 2021-10-31 | 27,450,000,000 | 6,736,000,000 | 13,321,000,000 |
| 2022-10-31 | 33,203,000,000 | 11,495,000,000 | 16,312,000,000 |
| 2023-10-31 | 35,819,000,000 | 14,082,000,000 | 17,633,000,000 |
| 2024-10-31 | 51,574,000,000 | 5,895,000,000 | 19,414,000,000 |
| 2025-10-31 | 63,887,000,000 | 23,126,000,000 | 26,914,000,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-10-31 | 78.14 | Trailing four quarters |
| 2024-10-31 | 139.04 | Trailing four quarters |
| 2023-10-31 | 255.12 | Trailing four quarters |
| 2022-10-31 | 175.45 | Annual net income |
| 2021-10-31 | 340.25 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-10-31 | 44.86 | -3.09 | -13.13 | 20.3 |
| 2017-10-31 | 48.25 | 13.44 | 9.59 | 31.08 |
| 2018-10-31 | 51.48 | 24.63 | 58.8 | 39.55 |
| 2019-10-31 | 55.24 | 15.24 | 12.05 | 41 |
| 2020-10-31 | 56.58 | 16.8 | 12.39 | 48.55 |
| 2021-10-31 | 61.36 | 31.03 | 24.54 | 48.53 |
| 2022-10-31 | 66.55 | 42.84 | 34.62 | 49.13 |
| 2023-10-31 | 68.93 | 45.25 | 39.31 | 49.23 |
| 2024-10-31 | 63.03 | 26.1 | 11.43 | 37.64 |
| 2025-10-31 | 67.77 | 39.89 | 36.2 | 42.13 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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