Broadcom Inc. (AVGO) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	93.3B	63.9B	51.6B	35.8B	33.2B
Cost of Revenue	30.3B	20.6B	19.1B	11.1B	11.1B
Gross Profit	63.0B	43.3B	32.5B	24.7B	22.1B
Operating Expenses
R&D Expense	11.8B	11.0B	9.3B	5.3B	4.9B
SG&A Expense	4.1B	4.2B	5.0B	1.6B	1.4B
General & Admin Expense	—	—	5.0B	1.6B	1.4B
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	610.0M	2.6B	4.8B	1.6B	1.5B
Total Operating Expenses	16.6B	17.8B	19.0B	8.5B	7.8B
Cost and Expenses	46.9B	38.4B	38.1B	19.6B	18.9B
Operating Income (EBIT)	46.4B	25.5B	13.5B	16.2B	14.2B
Non-Operating
Interest Income	—	347.0M	461.0M	535.0M	100.0M
Interest Expense	3.0B	3.2B	4.0B	1.6B	1.7B
Net Interest Income	(3.0B)	(2.9B)	(3.5B)	(1.1B)	(1.6B)
Other Non-Op Income/Expense	(2.6B)	(2.8B)	(3.5B)	(1.1B)	(1.8B)
Non-Operating Income (excl Interest)	(364.0M)	(455.0M)	(406.0M)	(512.0M)	54.0M
EBT (Pre-Tax Income)	43.7B	22.7B	9.9B	15.1B	12.4B
Income Tax Expense	4.7B	(397.0M)	3.7B	1.0B	939.0M
Bottom Line
Net Income	39.1B	23.1B	5.9B	14.1B	11.5B
Earnings from Cont. Ops	39.1B	23.1B	6.2B	14.1B	11.5B
Earnings from Discont. Ops	—	—	(273.0M)	—	—
Bottom Line Net Income	39.1B	23.1B	5.9B	14.1B	11.2B
Per Share
Basic EPS	$8.22	$4.91	$1.27	$3.39	$2.74
Diluted EPS	$8.00	$4.77	$1.23	$3.30	$2.65
Revenue Per Share	$19.57	$13.56	$11.15	$8.63	$8.12
Shares
Basic Shares Outstanding	4.8B	4.7B	4.6B	4.2B	4.1B
Diluted Shares Outstanding	4.9B	4.9B	4.8B	4.3B	4.2B
Profitability Metrics
EBITDA	55.4B	34.7B	23.9B	20.6B	19.2B
D&A	8.7B	8.8B	10.0B	3.8B	5.0B
EBIT	46.7B	25.9B	13.9B	16.7B	14.2B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Aug 1, 2026