Broadcom Inc

Common Name
Broadcom
Country
United States
Sector
Technology
Industry
Semiconductors
Employees
37,000
Ticker
AVGO
Exchange
NASDAQ/NGS
Description
Broadcom Inc. is a diversified global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Its primary function is to serve hig...

Financial Statements of Broadcom

Below are the financial statements of Broadcom, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD202420232022
Net revenue
Products
30,359a
27,891a
26,277a
Subscriptions and services
21,215a
7,928a
6,926a
Total net revenue
51,574a
35,819a
33,203a
Cost of revenue
Cost of products sold
-9,797a
-8,636a
-7,629a
Cost of subscriptions and services
-2,991a
-636a
-627a
Amortization of acquisition-related intangible assets
-6,023a
-1,853a
-2,847a
Restructuring charges
-254a
-4a
-5a
Total cost of revenue
-19,065a
-11,129a
-11,108a
Gross margin
32,509a
24,690a
22,095a
Research and development
-9,310a
-5,253a
-4,919a
Selling, general and administrative
-4,959a
-1,592a
-1,382a
Amortization of acquisition-related intangible assets
-3,244a
-1,394a
-1,512a
Restructuring and other charges
-1,533a
-244a
-57a
Total operating expenses
-19,046a
-8,483a
-7,870a
Operating income
13,463a
16,207a
14,225a
Interest expense
-3,953a
-1,622a
-1,737a
Other income (expense), net
406a
512a
-54a
Income from continuing operations before income taxes
9,916a
15,097a
12,434a
Provision for income taxes
-3,748a
-1,015a
-939a
Income from continuing operations
6,168a
14,082a
11,495a
Loss from discontinued operations, net of income taxes
-273a
0a
0a
Net income
5,895a
14,082a
11,495a
Dividends on preferred stock
0a
0a
-272a
Net income attributable to common stock
5,895a
14,082a
11,223a

Verified Sources Behind Broadcom’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Broadcom’s data sources below and access millions more through our Disclosure Search.

a. Broadcom's 10-K 2024
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