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AVGO · Q2 FY2026

Archived report (Q2 FY2026). Latest deep dive →

US GAAP · $M · vs Q2 FY2025 · quarter ended 05/03/2026 (fiscal year is shifted) · reported 06/03/2026

AVGO — Broadcom designs and manufactures semiconductor and infrastructure software solutions used in data centers, networking, and storage systems.

More about the company

Headquartered in San Jose, California, it serves global technology and enterprise markets.

All figures in $M.

Revenue

$22,187

+48%

Gross profit

$15,415

+51%

Operating income

$10,788

+85%

Net income

$9,310

+88%

EPS diluted $1.91

Sankey diagram of AVGO earnings report for Q2 FY2026: revenue, costs and profitSemiconductor Solutions$15,009 · +79%Infrastructure Software$7,178 · +9%Revenue$22,187 · +48%Cost of Revenue$6,772 · +41%Gross Profit$15,415 · +51%R&D$2,995 · +11%SG&A$1,055 · -3%Amort. &Restructuring*$577 · -3%Operating Income$10,788 · +85%Interest & Other,net$658 · -12%Pre-Tax Income$10,130 · +99%Tax$820 · +583%Net Income$9,310 · +88%EPS diluted $1.91

Verdict: an exceptionally strong quarter with revenue up 48% and GAAP net income up 88% to $9.3B, powered almost entirely by AI-driven semiconductor solutions growth (custom accelerators/networking), while infrastructure software grew a modest 9% and heavy amortization/SBC keep GAAP margins well below non-GAAP.

OCF $10,493M; capex $231M; FCF $10,262M (46% of revenue); dividend $0.65/share ($3,092M paid); buybacks $600M; Q3 FY26 revenue guidance ≈$29.4B (+84% y/y).

Source and notation

* marks non-cash / ≈ estimated. Source: Broadcom Inc. press release / 10-Q (SEC EDGAR).

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How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report; the short company description was also written by our model. The source for this archived period is shown above; a complete numerical recheck has not been recorded. How we make the breakdowns · Report an error

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Company reports

Q3 FY2026latestA blowout quarter — revenue jumped 86% to a record $29.6B (+33% sequentially) as AI semiconductor revenue hit $16.7B…
Q2 FY2026An exceptionally strong quarter with revenue up 48% and GAAP net income up 88% to $9.3B, powered almost entirely by…

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