Broadcom Inc. logo AVGO - Broadcom Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 53
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $453.25 DETAILS
HIGH: $510.00
LOW: $370.00
MEDIAN: $450.00
CONSENSUS: $453.25
UPSIDE: 28.87%
Metric 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3
Revenue
Revenue 18,015.0 15,952.0 15,004.0 14,916.0 14,054.0 13,072.0 12,487.0 11,961.0 9,295.0 8,876.0
Cost of Revenue 5,766.0 5,249.0 4,807.0 4,771.0 5,052.0 4,716.0 4,711.0 4,586.0 2,888.0 2,712.0
Gross Profit 12,249.0 10,703.0 10,197.0 10,145.0 9,002.0 8,356.0 7,776.0 7,375.0 6,407.0 6,164.0
Operating Expenses
R&D Expenses 2,981.0 3,050.0 2,693.0 2,253.0 2,234.0 2,353.0 2,415.0 2,308.0 1,388.0 1,358.0
SG&A Expenses 1,107.0 1,072.0 1,083.0 949.0 1,010.0 1,100.0 1,277.0 1,572.0 418.0 388.0
Other Expenses 653.0 694.0 592.0 683.0 1,131.0 1,115.0 1,119.0 1,412.0 348.0 562.0
Operating Expenses 4,741.0 4,816.0 4,368.0 3,885.0 4,375.0 4,568.0 4,811.0 5,292.0 2,154.0 2,308.0
Operating Income
Operating Income 7,508.0 5,887.0 5,829.0 6,260.0 4,627.0 3,788.0 2,965.0 2,083.0 4,240.0 3,856.0
Interest Expense 761.0 754.0 769.0 873.0 864.0 1,064.0 1,047.0 926.0 405.0 406.0
Interest Income 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Profitability
EBITDA 9,863.0 8,028.0 10,194.0 6,260.0 7,290.0 6,394.0 5,582.0 4,613.0 5,304.0 4,912.0
EBIT 7,630.0 5,826.0 5,854.0 6,363.0 4,679.0 3,870.0 3,052.0 2,268.0 4,372.0 3,980.0
Income Before Tax 6,869.0 5,285.0 5,085.0 5,490.0 3,763.0 2,806.0 2,005.0 1,342.0 3,967.0 3,574.0
Income Tax Expense (1,649.0) 1,145.0 120.0 (13.0) (442.0) 4,238.0 (116.0) 68.0 443.0 271.0
Net Income 8,518.0 4,140.0 4,965.0 5,503.0 4,324.0 (1,875.0) 2,121.0 1,325.0 3,524.0 3,303.0
Per Share Data
EPS (Basic) 1.80 0.88 1.05 1.17 0.92 -0.40 0.46 0.29 0.85 0.80
EPS (Diluted) 1.74 0.85 1.03 1.14 0.90 -0.40 0.44 0.28 0.83 0.77
Shares Outstanding 4,732.0 4,714.0 4,707.0 4,695.0 4,679.0 4,663.0 4,650.0 4,520.0 4,130.0 4,130.0
Metric 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3
Current Assets
Cash & Cash Equivalents 16,178.0 10,718.0 9,472.0 9,307.0 9,348.0 9,952.0 9,809.0 11,864.0 14,189.0 12,055.0
Short-Term Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net Receivables 7,145.0 6,494.0 8,797.0 7,677.0 4,416.0 4,665.0 5,500.0 4,969.0 3,653.0 2,914.0
Inventory 2,270.0 2,180.0 2,017.0 1,908.0 1,760.0 1,894.0 1,842.0 1,920.0 1,898.0 1,842.0
Other Current Assets 5,980.0 5,606.0 959.0 813.0 4,071.0 2,366.0 6,409.0 7,019.0 364.0 1,089.0
Total Current Assets 31,573.0 24,998.0 22,181.0 20,990.0 19,595.0 19,947.0 25,302.0 27,192.0 20,847.0 18,333.0
Non-Current Assets
Property, Plant & Equipment 2,530.0 2,451.0 2,462.0 2,465.0 2,521.0 2,602.0 2,668.0 2,662.0 2,154.0 2,180.0
Goodwill 97,801.0 97,801.0 97,801.0 97,871.0 97,873.0 97,873.0 97,873.0 97,586.0 43,653.0 43,619.0
Intangible Assets 32,273.0 34,344.0 36,393.0 38,583.0 40,583.0 43,034.0 45,407.0 47,185.0 3,867.0 4,654.0
Long-Term Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Non-Current Assets 6,915.0 6,027.0 5,793.0 5,449.0 5,073.0 4,510.0 3,961.0 3,245.0 2,340.0 2,809.0
Total Non-Current Assets 139,519.0 140,623.0 142,449.0 144,368.0 146,050.0 148,019.0 149,909.0 150,678.0 52,014.0 53,262.0
Total Assets 171,092.0 165,621.0 164,630.0 165,358.0 165,645.0 167,966.0 175,211.0 177,870.0 72,861.0 71,595.0
Current Liabilities
Account Payables 1,560.0 1,432.0 1,297.0 1,905.0 1,662.0 1,757.0 1,441.0 1,496.0 1,210.0 992.0
Short-Term Debt 3,152.0 1,396.0 5,527.0 5,642.0 1,245.0 3,161.0 2,426.0 2,433.0 1,563.0 1,119.0
Deferred Revenue 0.0 10,305.0 10,303.0 9,908.0 9,395.0 9,789.0 10,519.0 9,593.0 2,487.0 831.0
Other Current Liabilities 11,673.0 2,514.0 2,258.0 2,046.0 3,114.0 2,879.0 4,156.0 4,884.0 252.0 3,440.0
Total Current Liabilities 18,514.0 16,704.0 20,597.0 20,910.0 16,697.0 19,221.0 20,171.0 20,369.0 7,405.0 7,345.0
Non-Current Liabilities
Long-Term Debt 61,984.0 62,830.0 61,744.0 60,915.0 66,295.0 66,781.0 71,569.0 73,429.0 37,617.0 38,222.0
Deferred Tax Liabilities 0.0 3,817.0 3,365.0 4,017.0 4,703.0 5,594.0 2,219.0 3,220.0 (299.0) 2,885.0
Other Non-Current Liabilities 9,302.0 4,962.0 5,177.0 5,088.0 5,172.0 4,943.0 5,087.0 4,671.0 3,488.0 3,941.0
Total Non-Current Liabilities 71,286.0 75,640.0 74,447.0 74,659.0 81,270.0 83,094.0 85,079.0 87,217.0 41,468.0 42,171.0
Total Liabilities 89,800.0 92,344.0 95,044.0 95,569.0 97,967.0 102,315.0 105,250.0 107,586.0 48,873.0 49,516.0
Stockholders' Equity
Common Stock 5.0 5.0 5.0 5.0 5.0 5.0 0.0 0.0 0.0 0.0
Retained Earnings 9,761.0 4,040.0 2,686.0 2,729.0 0.0 (1,875.0) 0.0 0.0 2,682.0 1,178.0
Accumulated Other Comprehensive Income 218.0 221.0 206.0 207.0 207.0 208.0 207.0 207.0 207.0 46.0
Total Stockholders' Equity 81,292.0 73,277.0 69,586.0 69,789.0 67,678.0 65,651.0 69,961.0 70,284.0 23,988.0 22,079.0
Total Liabilities & Equity 171,092.0 165,621.0 164,630.0 165,358.0 165,645.0 167,966.0 175,211.0 177,870.0 72,861.0 71,595.0
Debt Metrics
Total Debt 65,136.0 64,229.0 67,282.0 66,579.0 67,566.0 69,959.0 74,016.0 75,901.0 39,648.0 39,341.0
Net Debt 48,958.0 53,511.0 57,810.0 57,272.0 58,218.0 60,007.0 64,207.0 64,037.0 25,459.0 27,286.0
Metric 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3
Operating Activities
Net Income 8,518.0 4,140.0 4,965.0 5,503.0 4,324.0 (1,875.0) 2,121.0 1,274.0 3,524.0 3,303.0
Depreciation & Amortization 2,233.0 2,202.0 2,166.0 2,174.0 2,611.0 2,524.0 2,530.0 2,345.0 932.0 932.0
Stock-Based Compensation 2,195.0 2,322.0 1,771.0 1,280.0 1,314.0 1,388.0 1,457.0 1,582.0 638.0 629.0
Change in Working Capital (2,345.0) (1,894.0) (1,910.0) (2,351.0) (2,058.0) (1,068.0) (1,228.0) (283.0) (966.0) 73.0
Other Non-Cash Items (2,898.0) 112.0 134.0 203.0 281.0 356.0 211.0 191.0 61.0 33.0
Operating Cash Flow 7,703.0 7,166.0 6,555.0 6,113.0 5,604.0 4,963.0 4,580.0 4,815.0 4,828.0 4,719.0
Investing Activities
Capital Expenditure (237.0) (142.0) (144.0) (100.0) (122.0) (172.0) (132.0) (122.0) (105.0) (122.0)
Acquisitions 0.0 0.0 0.0 0.0 (3,485.0) 3,483.0 (560.0) (25,416.0) (36.0) (17.0)
Purchases of Investments (336.0) (99.0) (57.0) (105.0) (30.0) (73.0) (59.0) (13.0) (58.0) (91.0)
Sales/Maturities of Investments 101.0 51.0 78.0 18.0 20.0 5.0 42.0 89.0 154.0 74.0
Other Investing Activities 105.0 284.0 (10.0) 13.0 3,485.0 2.0 3.0 (15.0) (79.0) 12.0
Investing Cash Flow (367.0) 94.0 (133.0) (174.0) (132.0) 3,245.0 (706.0) (25,477.0) (124.0) (144.0)
Financing Activities
Net Debt Issuance 845.0 (3,163.0) 630.0 (1,124.0) (2,503.0) (4,227.0) (2,000.0) 29,076.0 (143.0) 0.0
Stock Repurchased 0.0 (58.0) (4,216.0) (2,036.0) (1,204.0) (1,350.0) (1,548.0) (8,290.0) (577.0) (2,167.0)
Dividends Paid (2,797.0) (2,786.0) (2,785.0) (2,774.0) (2,484.0) (2,452.0) (2,443.0) (2,435.0) (1,904.0) (1,901.0)
Other Financing Activities (27.0) (7.0) (4.0) (46.0) (11.0) (36.0) (2.0) (14.0) (5.0) (5.0)
Financing Cash Flow (1,876.0) (6,014.0) (6,257.0) (5,980.0) (6,076.0) (8,065.0) (5,929.0) 18,337.0 (2,570.0) (4,073.0)
Cash Position
Net Change in Cash 5,460.0 1,246.0 165.0 (41.0) (604.0) 143.0 (2,055.0) (2,325.0) 2,134.0 502.0
Cash at Beginning 10,718.0 9,472.0 9,307.0 9,348.0 9,952.0 9,809.0 11,864.0 14,189.0 12,055.0 11,553.0
Cash at End 16,178.0 10,718.0 9,472.0 9,307.0 9,348.0 9,952.0 9,809.0 11,864.0 14,189.0 12,055.0
Free Cash Flow 7,466.0 7,024.0 6,411.0 6,013.0 5,482.0 4,791.0 4,448.0 4,693.0 4,723.0 4,597.0
Key Metrics 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3
Income Statement
Revenue 18,015.0 15,952.0 15,004.0 14,916.0 14,054.0 13,072.0 12,487.0 11,961.0 9,295.0 8,876.0
Gross Profit 12,249.0 10,703.0 10,197.0 10,145.0 9,002.0 8,356.0 7,776.0 7,375.0 6,407.0 6,164.0
Operating Income 7,508.0 5,887.0 5,829.0 6,260.0 4,627.0 3,788.0 2,965.0 2,083.0 4,240.0 3,856.0
Net Income 8,518.0 4,140.0 4,965.0 5,503.0 4,324.0 (1,875.0) 2,121.0 1,325.0 3,524.0 3,303.0
EPS (Diluted) 1.74 0.85 1.03 1.14 0.90 -0.40 0.44 0.28 0.83 0.77
Balance Sheet
Cash & Equivalents 16,178.0 10,718.0 9,472.0 9,307.0 9,348.0 9,952.0 9,809.0 11,864.0 14,189.0 12,055.0
Total Assets 171,092.0 165,621.0 164,630.0 165,358.0 165,645.0 167,966.0 175,211.0 177,870.0 72,861.0 71,595.0
Total Debt 65,136.0 64,229.0 67,282.0 66,579.0 67,566.0 69,959.0 74,016.0 75,901.0 39,648.0 39,341.0
Stockholders' Equity 81,292.0 73,277.0 69,586.0 69,789.0 67,678.0 65,651.0 69,961.0 70,284.0 23,988.0 22,079.0
Cash Flow
Operating Cash Flow 7,703.0 7,166.0 6,555.0 6,113.0 5,604.0 4,963.0 4,580.0 4,815.0 4,828.0 4,719.0
Capital Expenditure (237.0) (142.0) (144.0) (100.0) (122.0) (172.0) (132.0) (122.0) (105.0) (122.0)
Free Cash Flow 7,466.0 7,024.0 6,411.0 6,013.0 5,482.0 4,791.0 4,448.0 4,693.0 4,723.0 4,597.0