Broadcom Earnings Reports

Broadcom Inc. posted record Q1 2025 revenue of $14.92 billion, up 25% year-over-year. AI semiconductor revenue surged 77% to $4.1 billion, while infrastructure software revenue grew 47% to $6.7 billion. GAAP net income reached $5.50 billion, and non-GAAP net income totaled $7.82 billion. Adjusted EBITDA was $10.08 billion, or 68% of revenue. Free cash flow stood at $6.01 billion, representing 40% of revenue. The company issued a quarterly dividend of $0.59 per share and provided a strong outlook for Q2 2025.

Broadcom reported a strong fourth quarter in fiscal year 2024, with revenue reaching $14.054 billion, a 51% increase year-over-year. GAAP net income was $4.324 billion, and non-GAAP net income was $6.965 billion. The company's adjusted EBITDA stood at $9.089 billion, representing 65% of revenue. Broadcom also increased its quarterly common stock dividend by 11% to $0.59 per share.

Broadcom's Q3 2024 results showed strong revenue growth, up 47% year-over-year to $13.1 billion, driven by AI semiconductor solutions and the inclusion of VMware. The company reported a GAAP net loss of $1.875 billion, but a non-GAAP net income of $6.120 billion. Looking forward, Broadcom anticipates continued growth, projecting approximately $14.0 billion in revenue for Q4 2024.

Broadcom's second quarter results were driven by AI demand and VMware. Revenue from AI products was a record $3.1 billion. The company is raising its fiscal year 2024 guidance for consolidated revenue to $51 billion and adjusted EBITDA to 61% of revenue.

Broadcom reported Q1 2024 revenue of $11.961 billion, a 34% increase year-over-year, driven by the acquisition of VMware and strong demand for networking products. Non-GAAP diluted EPS was $10.99. The company provided fiscal year 2024 revenue guidance of approximately $50.0 billion and adjusted EBITDA guidance of approximately 60% of projected revenue.

Broadcom reported Q4 revenue of $9.295 billion, a 4% increase year-over-year, with non-GAAP diluted EPS of $11.06. The company's fiscal year 2023 revenue grew by 8% to a record $35.8 billion. Broadcom is increasing its quarterly common stock dividend by 14% to $5.25 per share for fiscal year 2024.

Broadcom's third quarter revenue reached $8,876 million, a 5% increase year-over-year, with adjusted EBITDA at $5,801 million. The company reported a non-GAAP diluted EPS of $10.54 and a GAAP diluted EPS of $7.74. Looking ahead, Broadcom anticipates fourth quarter revenue of approximately $9.27 billion, representing a 4% increase from the prior year.

Broadcom reported strong Q2 2023 results, with revenue up 8% year-over-year to $8.733 billion and adjusted EBITDA margin increasing to 65%. The company generated $4.4 billion in free cash flow and expects strong cash flows to continue in Q3.

Broadcom's first quarter fiscal year 2023 showed strong performance with a 16% year-over-year increase in revenue to $8.915 billion and a 16% increase in free cash flow to $3.9 billion. The adjusted EBITDA margin increased to 64%, and the company provided guidance for the second quarter with revenue of approximately $8.7 billion and an adjusted EBITDA margin of approximately 64.5%.

Broadcom's Q4 2022 financial results showed strong growth, with revenue reaching $8.93 billion, a 21% increase year-over-year. The company's GAAP diluted EPS was $7.83, and non-GAAP diluted EPS was $10.45. Broadcom's fiscal year 2022 revenue grew 21% year-over-year to a record $33.2 billion.

Broadcom's Q3 2022 results showed strong year-over-year growth, driven by demand across cloud, service providers, and enterprise sectors. Revenue reached $8.464 billion, a 25% increase from the prior year, and the company generated $4.308 billion in free cash flow. Broadcom expects continued solid demand in Q4, with revenue guidance of approximately $8.9 billion.

Broadcom's second quarter revenue reached a record $8.1 billion, a 23% increase year-over-year, with operating profit increasing 30%. The company generated $4.2 billion in free cash flow and returned $4.5 billion to shareholders through dividends and share repurchases.

Broadcom's first quarter fiscal year 2022 saw record revenue of $7.706 billion, a 16% increase year-over-year, driven by strong enterprise demand and investments in next-generation technology. The company reported GAAP net income of $2.472 billion and non-GAAP diluted EPS of $8.39. Broadcom returned $4.5 billion to shareholders through dividends and share repurchases and anticipates continued strength in the second quarter.

Broadcom's Q4 2021 financial results showed a 15% increase in revenue compared to the prior year, reaching $7,407 million. GAAP net income was $1,989 million, with a non-GAAP diluted EPS of $7.81. The company's free cash flow was $3,453 million. They also issued a positive revenue guidance for Q1 2022.

Broadcom announced its Q3 2021 financial results, reporting a revenue of $6.778 billion, a 16% increase year-over-year. The company's GAAP net income was $1.876 billion, with a diluted EPS of $4.20, and generated $3.426 billion in free cash flow. Broadcom also provided Q4 revenue guidance of approximately $7.35 billion, expecting a 14% increase from the prior year period.

Broadcom reported Q2 revenue of $6.61 billion, a 15% increase year-over-year, driven by strong semiconductor demand. GAAP net income was $1.49 billion, with a free cash flow of $3.44 billion, representing 52% of revenue. The company provided Q3 revenue guidance of approximately $6.75 billion.

Broadcom Inc. reported a 14% increase in revenue to $6,655 million for the first quarter of fiscal year 2021. GAAP net income was $1,378 million, with diluted EPS of $3.05. The company generated $2,999 million in free cash flow and provided guidance for the second quarter, projecting revenue of approximately $6.5 billion and adjusted EBITDA of approximately 59% of projected revenue.

Broadcom reported a strong fourth quarter with a 12% increase in revenue year-over-year, driven by demand for networking and wireless solutions. The company generated $3.246 billion in free cash flow and increased its quarterly common stock dividend by 11% to $3.60 per share.

Broadcom reported Q3 revenue of $5.821 billion, GAAP net income of $688 million, and non-GAAP diluted EPS of $5.40. The company generated $3.073 billion in free cash flow and provided Q4 revenue guidance of $6.4 billion plus or minus $150 million.

Broadcom reported Q2 2020 financial results with revenue of $5,742 million and GAAP diluted EPS of $1.17. The company generated $3,065 million in free cash flow and ended the quarter with over $9 billion in cash. Third quarter revenue guidance is $5.75 billion plus or minus $150 million.

Broadcom reported first quarter revenue of $5.858 billion and GAAP net income of $385 million. The company's networking, storage, and broadband businesses grew year-over-year. They are withdrawing their annual guidance due to COVID-19 uncertainties.