AVGO — Broadcom Inc.

Quarterly Earnings Performance
Note — Fiscal Year Offset: Broadcom's fiscal year ends in late October/early November (FY2025 ended Nov 2, 2025). Quarters below are grouped by calendar report date, not fiscal year label. Each row shows both the Broadcom fiscal quarter designation and the calendar period covered.

Calendar 2025

Quarter Period Report Date Revenue YoY Growth EPS (non-GAAP) Guidance (next qtr) Notes
Q1 2025 (Fiscal Q1 FY2025) Nov 2024–Feb 2, 2025 2025-03-06 $14.9B +25% $1.60 ~$14.9B AI revenue +77% YoY to $4.1B
Q2 2025 (Fiscal Q2 FY2025) Feb–May 4, 2025 2025-06-05 $15.0B +20% $1.58 Record Q2; AI networking demand drove gains
Q3 2025 (Fiscal Q3 FY2025) May–Aug 3, 2025 2025-09-04 $16.0B +22% $1.69 Record quarter; infrastructure software +YoY
Q4 2025 (Fiscal Q4 FY2025) Aug–Nov 2, 2025 2025-12-11 $18.0B +28% $1.95 ~$19.3B AI semi +74% YoY; dividend raised +10%
FY 2025 Full Year (Fiscal FY2025) $63.9B +24% $6.82 Full-year AI semi revenue $18B
FY 2025 non-GAAP EPS is the sum of the four reported quarters ($1.60 + $1.58 + $1.69 + $1.95 = $6.82).

Calendar 2026

Quarter Period Report Date Revenue YoY Growth EPS (non-GAAP) Guidance (next qtr) Notes
Q1 2026 (Fiscal Q1 FY2026) Nov 2025–Feb 1, 2026 2026-03-05 $19.3B +29% $2.10 ~$22.0B AI revenue +106% YoY to $8.4B; beat estimates

Upcoming

Quarter Est. Report Date Est. Revenue Est. EPS Source
Q2 2026 (Fiscal Q2 FY2026) ~2026-06-05 ~$22.0B (est.) Q1 FY2026 guidance; AI semi $10.7B (est.)

Commentary

Broadcom delivered exceptional 2025 performance driven by an AI semiconductor supercycle and robust VMware/infrastructure software contribution from the 2023 VMware acquisition. Revenue grew 24% for fiscal 2025 to $63.9B, with AI semiconductor revenue compounding at triple-digit rates through FY2025 and into FY2026 Q1 where AI revenue surged 106% YoY to $8.4B. The company raised its quarterly dividend 10% following Q4 FY2025 results. Looking into calendar 2026, guidance for Q2 FY2026 of ~$22B (with AI semi at $10.7B) signals continued acceleration; custom silicon (XPU) engagements with hyperscalers remain the primary growth catalyst alongside AI networking (Ethernet switching and optics).


Sources

  • Broadcom Q1 FY2025 Financial Results
  • Broadcom Q2 FY2025 Financial Results
  • Broadcom Q3 FY2025 Financial Results
  • Broadcom Q4 FY2025 and Full-Year 2025 Financial Results
  • Broadcom Q1 FY2026 Financial Results
  • Broadcom Q1 FY2026 earnings report — CNBC
  • Broadcom Q1 FY2026 driven by XPU momentum — Futurum
  • Broadcom Q2 FY2025 record revenue — Futurum
  • Broadcom Q4 2025 earnings — CNBC
  • Broadcom Revenue History — MacroTrends

  • Generated: 2026-05-11