Broadcom Inc. (AVGO) financial statements: income statement, balance sheet and cash flow
Broadcom Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Nov 2, 2025 · FY), Broadcom Inc. reported revenue of $63.9B (+23.9% year on year) and net income of $23.1B (+292.3% year on year).
Income statement
Broadcom Inc. income statement, fiscal years
Line item
Nov 2, 2025 · FY
Nov 3, 2024 · FY
Oct 29, 2023 · FY
Oct 30, 2022 · FY
Total net revenue
$63.9B
$51.6B
$35.8B
$33.2B
Cost of products sold
$12.1B
$9.8B
$8.6B
$7.6B
Cost of subscriptions and services
$2.4B
$3.0B
$636.0M
$627.0M
Amortization of acquisition-related intangible assets
$6.0B
$6.0B
$1.9B
$2.8B
Restructuring charges
$76.0M
$254.0M
$4.0M
$5.0M
Total cost of revenue
$20.6B
$19.1B
$11.1B
$11.1B
Gross margin
$43.3B
$32.5B
$24.7B
$22.1B
Research and development
$11.0B
$9.3B
$5.3B
$4.9B
Selling, general and administrative
$4.2B
$5.0B
$1.6B
$1.4B
Amortization of acquisition-related intangible assets
$2.0B
$3.2B
$1.4B
$1.5B
Restructuring and other charges
$591.0M
$1.5B
$244.0M
$57.0M
Total operating expenses
$17.8B
$19.0B
$8.5B
$7.9B
Operating income
$25.5B
$13.5B
$16.2B
$14.2B
Interest expense
($3.2B)
($4.0B)
($1.6B)
($1.7B)
Other income, net
$455.0M
$406.0M
$512.0M
($54.0M)
Income from continuing operations before income taxes
$22.7B
$9.9B
$15.1B
$12.4B
Provision for income taxes
($397.0M)
$3.7B
$1.0B
$939.0M
Income from continuing operations
$23.1B
$6.2B
—
$11.5B
Loss from discontinued operations, net of income taxes
$0
($273.0M)
—
$0
Net income
$23.1B
$5.9B
$14.1B
$11.5B
Net income per share
$4.91
$1.27
—
—
Net income per share
$4.77
$1.23
$32.98
$26.53
Basic
4.7B
4.6B
415.0M
409.0M
Diluted
4.9B
4.8B
427.0M
423.0M
Broadcom Inc. income statement, quarters
Line item
Aug 2, 2026 · Q3
May 3, 2026 · Q2
Feb 1, 2026 · Q1
Aug 3, 2025 · Q3
Total net revenue
$29.6B
$22.2B
$19.3B
$16.0B
Cost of products sold
$7.0B
$4.7B
$4.0B
$3.1B
Cost of subscriptions and services
$641.0M
$636.0M
$638.0M
$608.0M
Amortization of acquisition-related intangible assets
$1.5B
$1.5B
$1.5B
$1.5B
Restructuring charges
$12.0M
$10.0M
$13.0M
$26.0M
Total cost of revenue
$9.1B
$6.8B
$6.2B
$5.2B
Gross margin
$20.5B
$15.4B
$13.2B
$10.7B
Research and development
$2.9B
$3.0B
$3.0B
$3.0B
Selling, general and administrative
$996.0M
$1.1B
$1.0B
$1.1B
Amortization of acquisition-related intangible assets
$507.0M
$506.0M
$507.0M
$507.0M
Restructuring and other charges
$103.0M
$71.0M
$103.0M
$187.0M
Total operating expenses
$4.5B
$4.6B
$4.6B
$4.8B
Operating income
$16.0B
$10.8B
$8.6B
$5.9B
Interest expense
($778.0M)
($776.0M)
($801.0M)
($807.0M)
Other income, net
$98.0M
$118.0M
$433.0M
$205.0M
Income before income taxes
$15.3B
$10.1B
$8.2B
$5.3B
Income Tax Expense (Benefit)
$2.2B
$820.0M
$846.0M
$1.1B
Net income
$13.1B
$9.3B
$7.3B
$4.1B
Basic
$2.75
$1.96
$1.55
$0.88
Diluted
$2.68
$1.91
$1.50
$0.85
Balance sheet
Broadcom Inc. balance sheet, fiscal years
Line item
Nov 2, 2025 · FY
Nov 3, 2024 · FY
Oct 29, 2023 · FY
Oct 30, 2022 · FY
Cash and cash equivalents
$16.2B
$9.3B
$14.2B
$12.4B
Trade accounts receivable, net
$7.1B
$4.4B
$3.2B
$3.0B
Inventory
$2.3B
$1.8B
$1.9B
$1.9B
Other current assets
$6.0B
$4.1B
$1.6B
$1.2B
Total current assets
$31.6B
$19.6B
$20.8B
$18.5B
Property, plant and equipment, net
$2.5B
$2.5B
$2.2B
$2.2B
Goodwill
$97.8B
$97.9B
$43.7B
$43.6B
Intangible assets, net
$32.3B
$40.6B
$3.9B
$7.1B
Other long-term assets
$6.9B
$5.1B
$2.3B
$1.8B
Total assets
$171.1B
$165.6B
$72.9B
$73.2B
Accounts payable
$1.6B
$1.7B
$1.2B
$998.0M
Employee compensation and benefits
$2.1B
$2.0B
$935.0M
$1.2B
Short-term debt
$3.2B
$1.3B
$1.6B
$440.0M
Other current liabilities
$11.7B
$11.8B
$3.7B
$4.4B
Total current liabilities
$18.5B
$16.7B
$7.4B
$7.1B
Long-term debt
$62.0B
$66.3B
$37.6B
$39.1B
Other long-term liabilities
$9.3B
$15.0B
$3.8B
$4.4B
Total liabilities
$89.8B
$98.0B
$48.9B
$50.5B
Preferred stock, $0.001 par value; 100 shares authorized; none issued and outstanding
0
0
0
0
Common stock, $0.001 par value; 29,000 shares authorized; 4,741 and 4,686 shares issued and outstanding as of November 2, 2025 and November 3, 2024, respectively
5.0M
5.0M
0
0
Additional paid-in capital
$71.3B
$67.5B
$21.1B
$21.2B
Retained earnings
$9.8B
$0
$2.7B
$1.6B
Accumulated other comprehensive income (loss)
$218.0M
$207.0M
$207.0M
($54.0M)
Total stockholders’ equity
$81.3B
$67.7B
$24.0B
$22.7B
Total liabilities and stockholders’ equity
$171.1B
$165.6B
$72.9B
$73.2B
Broadcom Inc. balance sheet, quarters
Line item
Aug 2, 2026
May 3, 2026
Feb 1, 2026
Aug 3, 2025
Cash and cash equivalents
$24.0B
$19.6B
$14.2B
$10.7B
Trade accounts receivable, net
$13.7B
$10.8B
$8.5B
$6.5B
Inventory
$4.5B
$4.3B
$3.0B
$2.2B
Other current assets
$10.0B
$7.4B
$6.5B
$5.6B
Total current assets
$52.2B
$42.2B
$32.1B
$25.0B
Property, plant and equipment, net
$3.1B
$2.8B
$2.6B
$2.5B
Goodwill
$97.8B
$97.8B
$97.8B
$97.8B
Intangible assets, net
$26.3B
$28.3B
$30.3B
$34.3B
Other long-term assets
$8.7B
$8.0B
$7.1B
$6.0B
Total assets
$188.1B
$179.2B
$169.9B
$165.6B
Accounts payable
$4.0B
$2.3B
$2.1B
$1.4B
Employee compensation and benefits
$1.5B
$1.1B
$864.0M
$1.7B
Short-term debt
$2.3B
$2.3B
$2.3B
$1.4B
Other current liabilities
$13.1B
$13.1B
$11.6B
$12.2B
Total current liabilities
$20.8B
$18.9B
$16.9B
$16.7B
Long-term debt
$57.2B
$62.7B
$63.8B
$62.8B
Other long-term liabilities
$10.5B
$9.9B
$9.4B
$12.8B
Total liabilities
$88.5B
$91.5B
$90.0B
$92.3B
Preferred stock, $0.001 par value; 100 shares authorized; none issued and outstanding
0
0
0
0
Common stock, $0.001 par value; 29,000 shares authorized; 4,774 and 4,741 shares issued and outstanding as of August 2, 2026 and November 2, 2025, respectively
5.0M
5.0M
5.0M
5.0M
Additional paid-in capital
$77.3B
$75.3B
$73.1B
$69.0B
Retained earnings
$22.2B
$12.2B
$6.5B
$4.0B
Accumulated other comprehensive income
$204.0M
$208.0M
$212.0M
$221.0M
Total stockholders’ equity
$99.7B
$87.7B
$79.9B
$73.3B
Total liabilities and equity
$188.1B
$179.2B
$169.9B
$165.6B
Cash flow statement
Broadcom Inc. cash flow statement, fiscal years
Line item
Nov 2, 2025 · FY
Nov 3, 2024 · FY
Oct 29, 2023 · FY
Oct 30, 2022 · FY
Net income
$23.1B
$5.9B
$14.1B
$11.5B
Amortization of intangible and right-of-use assets
$8.2B
$9.4B
$3.3B
$4.5B
Depreciation
$574.0M
$593.0M
$502.0M
$529.0M
Stock-based compensation
$7.6B
$5.7B
$2.2B
$1.5B
Deferred taxes and other non-cash taxes
($4.0B)
$2.0B
($501.0M)
($34.0M)
Loss on debt extinguishment
$138.0M
$157.0M
$0
$100.0M
Non-cash interest expense
$344.0M
$427.0M
$132.0M
$129.0M
Other
$94.0M
$404.0M
$9.0M
$170.0M
Trade accounts receivable, net
($2.7B)
$2.3B
($187.0M)
($870.0M)
Inventory
($510.0M)
$150.0M
$27.0M
($627.0M)
Accounts payable
($118.0M)
$121.0M
$209.0M
($79.0M)
Employee compensation and benefits
$300.0M
$78.0M
($279.0M)
$136.0M
Other current assets and current liabilities
($1.8B)
($5.3B)
($628.0M)
$222.0M
Other long-term assets and long-term liabilities
($3.6B)
($2.0B)
($785.0M)
($436.0M)
Net cash provided by operating activities
$27.5B
$20.0B
$18.1B
$16.7B
Acquisitions of businesses, net of cash acquired
$0
($26.0B)
($53.0M)
($246.0M)
Proceeds from sales of businesses
$300.0M
$3.5B
$0
$0
Purchases of property, plant and equipment
($623.0M)
($548.0M)
($452.0M)
($424.0M)
Purchases of investments
$597.0M
$175.0M
$346.0M
$200.0M
Sales of investments
$248.0M
$156.0M
$228.0M
$200.0M
Other
$92.0M
($10.0M)
($66.0M)
$3.0M
Net cash used in investing activities
($580.0M)
($23.1B)
($689.0M)
($667.0M)
Proceeds from long-term borrowings
$15.7B
$40.0B
$0
$1.9B
Payments on debt obligations
($18.5B)
($19.6B)
($403.0M)
($2.4B)
Payments of dividends
($11.1B)
($9.8B)
($7.6B)
($7.0B)
Repurchases of common stock - repurchase program
($2.5B)
($7.2B)
($5.8B)
($7.0B)
Shares repurchased for tax withholdings on vesting of equity awards
-3.9B
-5.2B
-1.9B
-1.5B
Issuance of common stock
$221.0M
$190.0M
$122.0M
$114.0M
Other
($84.0M)
($63.0M)
($12.0M)
($17.0M)
Net cash used in financing activities
($20.1B)
($1.7B)
($15.6B)
($15.8B)
Net change in cash and cash equivalents
$6.8B
($4.8B)
$1.8B
$253.0M
Cash and cash equivalents at beginning of period
$9.3B
$14.2B
$12.4B
$12.2B
Cash and cash equivalents at end of period
$16.2B
$9.3B
$14.2B
$12.4B
Cash paid for interest
$2.7B
$3.3B
$1.5B
$1.4B
Cash paid for income taxes
$2.6B
$3.2B
$1.8B
$908.0M
Broadcom Inc. cash flow statement, quarters
Line item
Aug 2, 2026 · YTD
May 3, 2026 · YTD
Feb 1, 2026 · Q1
Aug 3, 2025 · YTD
Net income (loss)
$29.7B
$16.7B
$7.3B
$14.6B
Amortization of intangible and right-of-use assets
$6.0B
$4.0B
$2.0B
$6.1B
Depreciation
$484.0M
$313.0M
$150.0M
$426.0M
Stock-based compensation
$6.3B
$4.3B
$2.2B
$5.4B
Deferred taxes and other non-cash taxes
($1.1B)
($1.1B)
($455.0M)
($983.0M)
Loss on debt extinguishment
$161.0M
$86.0M
$55.0M
$118.0M
Non-cash interest expense
$204.0M
$139.0M
$72.0M
$273.0M
Other
$31.0M
$18.0M
$15.0M
$58.0M
Trade accounts receivable, net
($6.5B)
($3.7B)
($1.3B)
($2.1B)
Inventory
($2.3B)
($2.1B)
($692.0M)
($420.0M)
Accounts payable
$2.3B
$683.0M
$534.0M
($236.0M)
Employee compensation and benefits
($619.0M)
($991.0M)
($1.3B)
($110.0M)
Other current assets and current liabilities
($2.9B)
($218.0M)
($692.0M)
($1.0B)
Other long-term assets and long-term liabilities
$1.0B
$592.0M
$321.0M
($2.3B)
Net cash provided by operating activities
$33.0B
$18.8B
$8.3B
$19.8B
Proceeds from sale of business
$0
—
—
$300.0M
Purchases of property, plant and equipment
($1.0B)
($481.0M)
($250.0M)
($386.0M)
Purchases of investments
($756.0M)
($137.0M)
($114.0M)
($261.0M)
Sales of investments
$320.0M
$283.0M
$244.0M
$147.0M
Other
$13.0M
$12.0M
$5.0M
($13.0M)
Net cash used in investing activities
($1.4B)
($323.0M)
($115.0M)
($213.0M)
Proceeds from long-term borrowings
$4.5B
$4.5B
$4.5B
$10.7B
Payments on debt obligations
($10.5B)
($4.9B)
($3.6B)
($14.8B)
Proceeds from Issuance of Commercial Paper
$0
$0
$0
$488.0M
Payments of dividends
($9.3B)
($6.2B)
($3.1B)
($8.3B)
Repurchases of common stock - repurchase program
($8.4B)
($8.4B)
($7.8B)
($2.5B)
Shares repurchased for tax withholdings on vesting of equity awards