OpenNashEarnings

Semiconductors · Nasdaq: AVGO

Broadcom earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends November · next results expected around 10 Dec 2026

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 FY2026

Broadcom reported third quarter fiscal year 2026 revenue of $29.6 billion, up 86 percent from the prior year period, with GAAP diluted EPS of $2.68 and Non-GAAP diluted EPS of $3.32.

Broadcom had a record quarter driven by AI chips. Revenue was $29.6 billion, up 86 percent from a year earlier, and AI semiconductor revenue of $16.7 billion grew 221%. GAAP diluted EPS was $2.68 and Non-GAAP diluted EPS was $3.32. Free cash flow was $13.7 billion, or 46 percent of revenue, and the company paid down $5.6 billion of long-term debt.

Read the Q3 FY2026 summary →

Quarters

KPI history

Revenue$29.6B+85.5% y/yQ3 FY26
Q4 FY24: $14.1B (worked out from the annual figure)Q4 24$14.1BQ1 FY25: $14.9BQ1 25$14.9BQ2 FY25: $15.0BQ2 25$15.0BQ3 FY25: $16.0BQ3 25$16.0BQ4 FY25: $18.0B (worked out from the annual figure)Q4 25$18.0BQ1 FY26: $19.3BQ1 26$19.3BQ2 FY26: $22.2BQ2 26$22.2BQ3 FY26: $29.6BQ3 26$29.6B

Fourth quarter worked out from the annual figure.

Data
Q4 FY24$14.1B *
Q1 FY25$14.9B
Q2 FY25$15.0B
Q3 FY25$16.0B
Q4 FY25$18.0B *
Q1 FY26$19.3B
Q2 FY26$22.2B
Q3 FY26$29.6B
Diluted EPS (GAAP)$2.68+215.3% y/yQ3 FY26
Q1 FY25: $1.14Q1 25$1.14Q2 FY25: $1.03Q2 25$1.03Q3 FY25: $0.85Q3 25$0.85Q1 FY26: $1.50Q1 26$1.50Q2 FY26: $1.91Q2 26$1.91Q3 FY26: $2.68Q3 26$2.68
Data
Q1 FY25$1.14
Q2 FY25$1.03
Q3 FY25$0.85
Q1 FY26$1.50
Q2 FY26$1.91
Q3 FY26$2.68

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin53.9%+17.0 pts y/yQ3 FY26
Q4 FY24: 32.9%Q4 2432.9%Q1 FY25: 42.0%Q1 2542.0%Q2 FY25: 38.8%Q2 2538.8%Q3 FY25: 36.9%Q3 2536.9%Q4 FY25: 41.7%Q4 2541.7%Q1 FY26: 44.3%Q1 2644.3%Q2 FY26: 48.6%Q2 2648.6%Q3 FY26: 53.9%Q3 2653.9%
Data
Q4 FY2432.9%
Q1 FY2542.0%
Q2 FY2538.8%
Q3 FY2536.9%
Q4 FY2541.7%
Q1 FY2644.3%
Q2 FY2648.6%
Q3 FY2653.9%
Free cash flow$13.7B+94.5% y/yQ3 FY26
Q4 FY24: $5.5BQ4 24$5.5BQ1 FY25: $6.0BQ1 25$6.0BQ2 FY25: $6.4BQ2 25$6.4BQ3 FY25: $7.0BQ3 25$7.0BQ4 FY25: $7.5BQ4 25$7.5BQ1 FY26: $8.0BQ1 26$8.0BQ2 FY26: $10.3BQ2 26$10.3BQ3 FY26: $13.7BQ3 26$13.7B
Data
Q4 FY24$5.5B
Q1 FY25$6.0B
Q2 FY25$6.4B
Q3 FY25$7.0B
Q4 FY25$7.5B
Q1 FY26$8.0B
Q2 FY26$10.3B
Q3 FY26$13.7B

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$14.1Bd$14.9B$15.0B$16.0B$18.0Bd$19.3B$22.2B$29.6B
Gross margin64.1%68.0%68.0%67.1%68.0%68.1%69.5%69.1%
Operating income$4.6Bd$6.3B$5.8B$5.9B$7.5Bd$8.6B$10.8B$16.0B
Operating margin32.9%42.0%38.8%36.9%41.7%44.3%48.6%53.9%
Net income$4.3Bd$5.5B$5.0B$4.1B$8.5Bd$7.3B$9.3B$13.1B
Diluted EPS—$1.14$1.03$0.85—$1.50$1.91$2.68
Operating cash flow$5.6Bd$6.1B$6.6Bd$7.2Bd$7.7Bd$8.3B$10.5Bd$14.2Bd
Capital expenditure$122.0Md$100.0M$144.0Md$142.0Md$237.0Md$250.0M$231.0Md$532.0Md
Free cash flow$5.5B$6.0B$6.4B$7.0B$7.5B$8.0B$10.3B$13.7B
R&D expense$2.2Bd$2.3B$2.7B$3.0B$3.0Bd$3.0B$3.0B$2.9B

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings