Broadcom Inc. is a global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Headquartered in Palo Alto, California, the company serves markets including data centers, networking, broadband, wireless, storage, and industrial applications. It is known for its extensive patent portfolio and strategic acquisitions that have significantly expanded its enterprise software footprint.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
63,887,000
51,574,000
35,819,000
33,203,000
Cost of Sales
20,593,000
19,065,000
11,129,000
11,108,000
Gross Profit
43,294,000
32,509,000
24,690,000
22,095,000
Selling, General & Administrative Expenses
4,211,000
4,959,000
1,592,000
1,382,000
Depreciation & Amortization Expenses
2,031,000
3,244,000
1,394,000
1,512,000
Research & Development Expenses
10,977,000
9,310,000
5,253,000
4,919,000
Other Operating Expenses
591,000
1,533,000
244,000
57,000
Operating Profit
25,484,000
13,463,000
16,207,000
14,225,000
Interest Expense
(3,210,000)
(3,953,000)
(1,622,000)
(1,737,000)
Non-Operating Income
455,000
406,000
512,000
(54,000)
Total Non-Operating Income
(2,755,000)
(3,547,000)
(1,110,000)
(1,791,000)
Income Before Provision for Income Taxes
22,729,000
9,916,000
15,097,000
12,434,000
Provision for Income Taxes
(397,000)
3,748,000
1,015,000
939,000
Consolidated Net Income
23,126,000
6,168,000
14,082,000
11,495,000
Net Income Attributable to Preferred Dividends
—
—
—
272,000
Net Income Attributable to Discontinued Operations
—
(273,000)
—
—
Net Income Attributable to Common Shareholders
23,126,000
5,895,000
14,082,000
11,223,000
Basic EPS
4.91
1.27
3.39
2.74
Diluted EPS
4.77
1.23
3.30
2.65
Basic Weighted Average Shares Outstanding
4,712,000
4,624,000
4,149,000
4,089,000
Diluted Weighted Average Shares Outstanding
4,853,000
4,778,000
4,272,000
4,232,000
Shares Outstanding
4,741,000
4,686,000
4,139,000
4,179,000
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
16,178,000
9,348,000
14,189,000
12,416,000
Total Cash and Cash Equivalents
16,178,000
9,348,000
14,189,000
12,416,000
Accounts Receivable
7,145,000
4,416,000
3,154,000
2,958,000
Total Trade Receivables
7,145,000
4,416,000
3,154,000
2,958,000
Inventories
2,270,000
1,760,000
1,898,000
1,925,000
Other Current Assets
5,980,000
4,071,000
1,606,000
1,205,000
Total Current Assets
31,573,000
19,595,000
20,847,000
18,504,000
Net Property, Plant & Equipment
2,530,000
2,521,000
2,154,000
2,223,000
Net Intangible Assets
32,273,000
40,583,000
3,867,000
7,111,000
Goodwill
97,801,000
97,873,000
43,653,000
43,614,000
Other Long-Term Assets
6,915,000
5,073,000
2,340,000
1,797,000
Total Assets
171,092,000
165,645,000
72,861,000
73,249,000
Accounts Payable
1,560,000
1,662,000
1,210,000
998,000
Accrued Expenses
2,129,000
1,971,000
935,000
1,202,000
Short-Term Debt
3,152,000
1,271,000
1,608,000
440,000
Other Current Liabilities
11,673,000
11,793,000
3,652,000
4,412,000
Total Current Liabilities
18,514,000
16,697,000
7,405,000
7,052,000
Long-Term Debt
61,984,000
66,295,000
37,621,000
39,075,000
Other Long-Term Liabilities
9,302,000
14,975,000
3,847,000
4,413,000
Total Long-Term Liabilities
71,286,000
81,270,000
41,468,000
43,488,000
Total Liabilities
89,800,000
97,967,000
48,873,000
50,540,000
Common Stock
5,000
5,000
4,000
—
Additional Paid-in Capital
71,308,000
67,466,000
21,095,000
21,159,000
Accumulated Other Comprehensive Income
218,000
207,000
207,000
(54,000)
Retained Earnings
9,761,000
—
2,682,000
1,604,000
Total Common Shareholders' Equity
81,292,000
67,678,000
23,988,000
22,709,000
Total Shareholders' Equity
81,292,000
67,678,000
23,988,000
22,709,000
Total Liabilities and Shareholders' Equity
171,092,000
165,645,000
72,861,000
73,249,000
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
23,126,000
5,895,000
14,082,000
11,495,000
Depreciation & Amortization
8,775,000
10,010,000
3,835,000
4,984,000
Share-Based Compensation Expense
7,568,000
5,741,000
2,171,000
1,533,000
Other Adjustments
(3,432,000)
2,953,000
(360,000)
378,000
Changes in Trade Receivables
(2,717,000)
2,327,000
(187,000)
(870,000)
Changes in Inventories
(510,000)
150,000
27,000
(627,000)
Changes in Accounts Payable
(118,000)
121,000
209,000
(79,000)
Changes in Accrued Expenses
300,000
78,000
(279,000)
136,000
Changes in Other Operating Activities
(5,455,000)
(7,313,000)
(1,413,000)
(214,000)
Cash from Operating Activities
27,537,000
19,962,000
18,085,000
16,736,000
Capital Expenditure
(623,000)
(548,000)
(452,000)
(424,000)
Purchases of Investments
(597,000)
(175,000)
(346,000)
(200,000)
Proceeds from Sale of Investments
248,000
156,000
228,000
200,000
Payments for Business Acquisitions
—
(25,978,000)
(53,000)
(246,000)
Proceeds from Business Divestments
300,000
3,485,000
—
—
Other Investing Activities
92,000
(10,000)
(66,000)
3,000
Cash from Investing Activities
(580,000)
(23,070,000)
(689,000)
(667,000)
Issuance of Long-Term Debt
15,666,000
39,954,000
—
1,935,000
Repayments of Long-Term Debt
(18,478,000)
(19,608,000)
(403,000)
(2,361,000)
Net Issuance / (Repayments) of Long-Term Debt
(2,812,000)
20,346,000
(403,000)
(426,000)
Issuance of Common Shares
221,000
190,000
122,000
114,000
Repurchases of Common Shares
(6,310,000)
(12,392,000)
(7,685,000)
(8,455,000)
Net Issuance / (Repurchases) of Common Shares
(6,089,000)
(12,202,000)
(7,563,000)
(8,341,000)
Common Share Dividends Paid
(11,142,000)
(9,814,000)
(7,645,000)
(7,032,000)
Other Financing Activities
(84,000)
(63,000)
(12,000)
(17,000)
Cash from Financing Activities
(20,127,000)
(1,733,000)
(15,623,000)
(15,816,000)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash