Broadcom Inc.

AVGO · XNAS

CIK 1730168fmd_1SJV4QV3QXJ7FMN2HMCGP3E6E5Manufacturing · Semiconductors & Related DevicesTemplate: Standard

Coverage: Nov 02, 2015 to Aug 02, 2026, 40 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	13,240	17,636	20,848	22,597	23,888	27,450	33,203	35,819	51,574	63,887
Cost of revenue	7,300	9,127	10,115	10,114	10,372	10,606	11,108	11,129	19,065	20,593
Gross profit	5,940	8,509	10,733	12,483	13,516	16,844	22,095	24,690	32,509	43,294
Realized investment gains (losses)	–	(1)	3	145	31	99	(169)	11	(12)	(17)
Research and development	2,674	3,302	3,768	4,696	4,968	4,854	4,919	5,253	9,310	10,977
Selling, general and administrative	806	789	1,056	1,709	1,935	1,347	1,382	1,592	4,959	4,211
Gain on sale of real estate	–	–	–	8	–	–	–	–	–	–
Total operating expenses	6,349	6,138	5,598	9,039	9,502	8,325	7,870	8,483	19,046	17,810
Operating income	(409)	2,371	5,135	3,444	4,014	8,519	14,225	16,207	13,463	25,484
Interest expense	585	454	628	1,444	1,777	1,885	1,737	1,622	3,953	3,210
Other non-operating income (expense)	10	74	144	226	206	131	(54)	512	406	455
Income before taxes	(1,107)	1,825	4,545	2,226	2,443	6,765	12,434	15,097	9,916	22,729
Income tax expense	642	35	(8,084)	(510)	(518)	29	939	1,015	3,748	(397)
Net income from continuing operations	(1,749)	1,790	12,629	2,736	2,961	6,736	11,495	14,082	6,168	23,126
Net income	(1,739)	1,692	12,259	2,724	2,960	6,736	11,495	14,082	5,895	23,126
Net income to common shareholders	(1,861)	1,692	12,259	2,695	2,663	6,437	11,223	14,082	5,895	–