Broadcom Income Statement
AVGO / Information Technology|10 years of annual SEC 10-K data (FY2016-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 10 fiscal years. All figures from audited SEC 10-K filings.
Broadcom reported $63.9B in revenue and $23.1B in net income for FY2025. Revenue has grown at a 19.1% compound annual rate over the past 9 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $63.9B | $51.6B | $35.8B | $33.2B | $27.4B | $23.9B | $22.6B | $20.8B | $17.6B | $13.2B |
| Cost of Revenue | $20.6B | $19.1B | $11.1B | $11.1B | $10.6B | $10.4B | $10.1B | $10.1B | $9.1B | $7.3B |
| Gross Profit | $43.3B | $32.5B | $24.7B | $22.1B | $16.8B | $13.5B | $12.5B | $10.7B | $8.5B | $5.9B |
| SG&A Expense | $4.2B | $5.0B | $1.6B | $1.4B | $1.3B | $1.9B | $1.7B | $1.1B | $789.0M | $806.0M |
| R&D Expense | $11.0B | $9.3B | $5.3B | $4.9B | $4.9B | $5.0B | $4.7B | $3.8B | $3.3B | $2.7B |
| Operating Income | $25.5B | $13.5B | $16.2B | $14.2B | $8.5B | $4.0B | $3.4B | $5.1B | $2.4B | -$409.0M |
| Interest Expense | - | $4.0B | $1.6B | $1.7B | $1.9B | $1.8B | $1.4B | $628.0M | $454.0M | $585.0M |
| Income Tax | -$397.0M | $3.7B | $1.0B | $939.0M | $29.0M | -$518.0M | -$510.0M | -$8.1B | $35.0M | $642.0M |
| Net Income | $23.1B | $5.9B | $14.1B | $11.5B | $6.7B | $3.0B | $2.7B | $6.2B | $1.8B | -$1.7B |
| EPS (Basic) | $4.91 | $2.74 | $3.39 | $2.74 | $15.70 | $29.33 | $6.77 | -$4.75 | $4.18 | -$4.75 |
| EPS (Diluted) | $4.77 | $2.65 | $3.30 | $2.65 | $15.00 | $28.44 | $6.43 | -$4.86 | $4.02 | -$4.86 |
| Shares Outstanding | 4.7B | 4.1B | 414.0M | 418.0M | 413.0M | 398.0M | 397.6M | 278.0M | 421.0M | 383.0M |
| Gross Margin | 67.8% | 63.0% | 68.9% | 66.5% | 61.4% | 56.6% | 55.2% | 51.5% | 48.2% | 44.9% |
| Operating Margin | 39.9% | 26.1% | 45.3% | 42.8% | 31.0% | 16.8% | 15.2% | 24.6% | 13.4% | -3.1% |
| Profit Margin | 36.2% | 11.4% | 39.3% | 34.6% | 24.5% | 12.4% | 12.0% | 29.9% | 10.1% | -13.1% |