Broadcom Inc. (AVGO) — Financial statements
Income statement, balance sheet, and cash flow for Broadcom Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 63,887↑23.9% | 51,574↑44.0% | 35,819↑7.9% | 33,203↑21.0% | 27,450 | |
| Cost of Revenue | 20,593↑8.0% | 19,065↑71.3% | 11,129↑0.2% | 11,108↑4.7% | 10,606 | |
| Gross Profit | 43,294↑33.2% | 32,509↑31.7% | 24,690↑11.7% | 22,095↑31.2% | 16,844 | |
| Operating Expenses | ||||||
| R&D Expenses | 10,977↑17.9% | 9,310↑77.2% | 5,253↑6.8% | 4,919↑1.3% | 4,854 | |
| General & Administrative Expenses | 0.00↓100.0% | 4,959↑211.5% | 1,592↑15.2% | 1,382↑2.6% | 1,347 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 4,211↓15.1% | 4,959↑211.5% | 1,592↑15.2% | 1,382↑2.6% | 1,347 | |
| Other Expenses | 2,622↓45.1% | 4,777↑191.6% | 1,638↑8.3% | 1,512↓28.8% | 2,124 | |
| Operating Expenses | 17,810↓6.5% | 19,046↑124.5% | 8,483↑8.6% | 7,813↓6.2% | 8,325 | |
| Total Costs & Expenses | 38,403↑0.8% | 38,111↑94.1% | 19,635↑3.8% | 18,921↓0.1% | 18,931 | |
| Operating Results | ||||||
| Operating Income | 25,484↑89.3% | 13,463↓16.9% | 16,207↑13.9% | 14,225↑67.0% | 8,519 | |
| Depreciation & Amortization | 8,775↓12.3% | 10,010↑161.0% | 3,835↓23.1% | 4,984↓17.5% | 6,041 | |
| EBITDA | 34,714↑45.4% | 23,879↑16.2% | 20,554↑7.3% | 19,155↑30.4% | 14,691 | |
| EBIT | 25,939↑87.0% | 13,869↓17.0% | 16,719↑18.0% | 14,171↑63.8% | 8,650 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2,863↑18.0% | -3,492↓221.3% | -1,087↑33.6% | -1,637↑12.4% | -1,869 | |
| Interest Income | 347↓24.7% | 461↓13.8% | 535↑435.0% | 100↑525.0% | 16 | |
| Interest Expense | 3,210↓18.8% | 3,953↑143.7% | 1,622↓6.6% | 1,737↓7.9% | 1,885 | |
| Non-Operating Income | -455↓12.1% | -406↑20.7% | -512↓1048.1% | 54↑141.2% | -131 | |
| Other Income / Expenses | -2,755↑22.3% | -3,547↓219.5% | -1,110↑38.0% | -1,791↓2.1% | -1,754 | |
| Income Before Tax | 22,729↑129.2% | 9,916↓34.3% | 15,097↑21.4% | 12,434↑83.8% | 6,765 | |
| Income Tax Expense | -397↓110.6% | 3,748↑269.3% | 1,015↑8.1% | 939↑3137.9% | 29 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 23,126↑274.9% | 6,168↓56.2% | 14,082↑22.5% | 11,495↑70.7% | 6,736 | |
| Net Income from Discontinued Operations | 0.00↑100.0% | -273 | 0.00 | 0.00 | 0.00 | |
| Net Income | 23,126↑292.3% | 5,895↓58.1% | 14,082↑22.5% | 11,495↑70.7% | 6,736 | |
| Bottom-Line Net Income | 23,126↑292.3% | 5,895↓58.1% | 14,082↑25.5% | 11,223↑74.4% | 6,437 | |
| EPS (Basic) | 4.91↑286.6% | 1.27↓62.5% | 3.39↑23.7% | 2.74↑74.5% | 1.57 | |
| EPS (Diluted) | 4.77↑287.8% | 1.23↓62.7% | 3.30↑24.5% | 2.65↑76.7% | 1.50 | |
| Weighted Average Shares | 4,712↑1.9% | 4,624↑11.4% | 4,150↑1.5% | 4,090↓0.2% | 4,100 | |
| Weighted Average Diluted Shares | 4,853↑1.6% | 4,778↑11.9% | 4,270↑0.9% | 4,230↓1.4% | 4,290 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.