Semiconductors & Related Devices · SIC 3674

Broadcom Inc.

AVGO

Watch

Latest revenue

$19.31B

as of 2026-02-01

Latest net income

as of 2026-02-01

Net margin

as of 2026-02-01

Price · 5Y

+57.7% / yr 44.0 pts / yr vs S&P 500 869.0% total
Compare:

Live market

delayed ≤15 min
$414.14
0.10%
Market cap
$167.31B
Enterprise value
$222.36B
P/E (trailing)
Forward P/E
P/B
44.76×
Dividend yield
0.6%
52-wk high
$442.36
52-wk low
$231.13
Beta
Shares out
404.0M

5-year trend

What this company does

AI

Broadcom designs semiconductors and infrastructure software powering AI data centers, networking gear, broadband, wireless devices, and enterprise IT environments. The company makes most of its money selling chips and hardware products ($14.1B last quarter), with infrastructure software subscriptions and services adding another $5.2B. Revenue jumped 29% year-over-year to $19.3B as AI datacenter demand drives a structural shift, while Broadcom returned roughly $11B to shareholders via buybacks and dividends in the quarter.

Generated from AVGO's filing dated 2025-12-18

Key risks

AI
  • Heavy debt load: $63.8B long-term plus $2.3B short-term debt drove $801M quarterly interest expense, against $14.2B cash.
  • Goodwill and intangibles of $128.1B represent 75% of total assets, creating material impairment risk if VMware/AI growth disappoints.
  • Aggressive capital return outpacing cash generation: $7.85B buybacks plus $3.09B dividends vs $8.26B operating cash flow, drained cash $2B.

Generated from AVGO's filing dated 2025-12-18

Profitability

Gross margin

67.8%

7.5%

Operating margin

39.9%

52.8%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-02-01

$19.31B+29.5%

Q4 2025

2025-11-02

$18.02B+28.2%

Q3 2025

2025-08-03

$15.95B+22.0%

Q2 2025

2025-05-04

$15.00B+20.2%

Q1 2025

2025-02-02

$14.92B+24.7%

Q4 2024

2024-11-03

$14.05B

Q3 2024

2024-08-04

$13.07B+47.3%

Q2 2024

2024-05-05

$12.49B

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Semiconductors & Related Devices · SIC 3674

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Insider activity

Insider buying

$1.6M

Insider selling

$1.15B

Net activity

−$1.14B

Distinct insiders

9

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-04-10

Ram S. Velaga

President, ISG

Sale8,000$370.52$3.0M
2026-04-09

Gayla J Delly

Director

Sale1,000$358.31$358.3K
2026-04-09

Ram S. Velaga

President, ISG

Sale17,260$352.12$6.1M
2026-04-08

Ram S. Velaga

President, ISG

Sale12,955$352.02$4.6M
2026-04-08

Justine Page

Director

Sale2,018$353.00$712.4K
2026-04-08

Charlie B Kawwas

President, SSG

Sale10,000$345.23$3.5M
2026-03-25

Henry Samueli

Director

Sale34,308$317.30$10.9M
2026-03-25

Henry Samueli

Director

Sale44,227$318.39$14.1M
2026-03-25

Henry Samueli

Director

Sale60,049$319.36$19.2M
2026-03-25

Henry Samueli

Director

Sale48,635$320.31$15.6M
2026-03-25

Henry Samueli

Director

Sale36,183$321.22$11.6M
2026-03-25

Henry Samueli

Director

Sale17,083$322.23$5.5M
2026-03-25

Henry Samueli

Director

Sale7,328$323.17$2.4M
2026-03-25

Henry Samueli

Director

Sale2,413$323.92$781.6K
2026-03-25

Henry Samueli

Director

Sale69,058$317.27$21.9M
2026-03-25

Henry Samueli

Director

Sale92,385$318.33$29.4M
2026-03-25

Henry Samueli

Director

Sale125,292$319.31$40.0M
2026-03-25

Henry Samueli

Director

Sale107,742$320.26$34.5M
2026-03-25

Henry Samueli

Director

Sale75,809$321.16$24.3M
2026-03-25

Henry Samueli

Director

Sale43,188$322.19$13.9M
2026-03-25

Henry Samueli

Director

Sale12,514$323.15$4.0M
2026-03-25

Henry Samueli

Director

Sale5,753$323.90$1.9M
2026-03-17

Ram S. Velaga

President, ISG

Sale3,132$317.95$995.8K
2026-03-17

Ram S. Velaga

President, ISG

Sale3,839$318.74$1.2M
2026-03-17

Ram S. Velaga

President, ISG

Sale6,405$319.97$2.0M
2026-03-17

Ram S. Velaga

President, ISG

Sale5,796$320.82$1.9M
2026-03-17

Ram S. Velaga

President, ISG

Sale5,423$321.89$1.7M
2026-03-17

Ram S. Velaga

President, ISG

Sale5,632$322.86$1.8M
2026-03-17

Ram S. Velaga

President, ISG

Sale2,543$323.82$823.5K
2026-03-17

Ram S. Velaga

President, ISG

Sale3,317$324.84$1.1M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns AVGO

Institutional value

$243.85B

Total shares held

793.8M

Distinct holders

727

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1VANGUARD CAPITAL MANAGEMENT LLC308.0M$95.33BNew
2VANGUARD PORTFOLIO MANAGEMENT LLC128.4M$39.75BNew
3Invesco Ltd.33.3M$10.31BNew
4Legal & General Group Plc32.2M$9.96BNew
5VANGUARD FIDUCIARY TRUST CO27.2M$8.43BNew
6WELLS FARGO & COMPANY/MN25.7M$7.95BNew
7DIMENSIONAL FUND ADVISORS LP12.7M$3.94BNew
8Mitsubishi UFJ Asset Management Co., Ltd.11.0M$3.41BNew
9Vanguard Global Advisers, LLC10.4M$3.21BNew
10CITIGROUP INC9.5M$2.93BNew
11National Pension Service9.4M$2.90BNew
12Voya Investment Management LLC8.8M$2.72BNew
13RHUMBLINE ADVISERS8.2M$2.54BNew
14VANGUARD ASSET MANAGEMENT, Ltd8.0M$2.47BNew
15BNP PARIBAS FINANCIAL MARKETS7.8M$2.42BNew
16TD ASSET MANAGEMENT INC6.6M$2.04BNew
17NOMURA ASSET MANAGEMENT CO LTD5.8M$1.79BNew
18Russell Investments Group, Ltd.4.9M$1.50BNew
19JANE STREET GROUP, LLC4.7M$1.45BNew
20STIFEL FINANCIAL CORP4.5M$1.39BNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    Product revenue jumped 39% to $14.1B while subscriptions grew only 9%—how much of that semiconductor surge is concentrated in three AI hyperscaler customers, and what's the customer concentration risk?

  2. 2

    Stock-based compensation rose 70% to $2.18B versus 16% diluted EPS growth—why should investors view this $7.85B buyback as anything but offsetting dilution?

  3. 3

    Inventory grew 30% to $2.96B and receivables jumped 18% to $8.46B against 29% revenue growth—are you seeing pull-ins or channel stuffing in AI orders?

Refreshed when AVGO files a new report · last from 2025-12-18