•
May 04
Broadcom Q2 2025 Earnings Report
Broadcom reported strong Q2 2025 results with record revenue driven by AI semiconductor demand and VMware performance.
Key Takeaways
Broadcom delivered a record $15 billion in revenue in Q2 2025, with notable growth in both semiconductor and infrastructure software segments. AI-related revenue surged, and profitability metrics such as net income, adjusted EBITDA, and free cash flow hit record highs.
Broadcom
Broadcom
Broadcom Revenue by Segment
Forward Guidance
Broadcom expects Q3 2025 revenue to rise to approximately $15.8 billion, with adjusted EBITDA projected at 66% of revenue.
Positive Outlook
- Projected Q3 revenue of $15.8 billion, up 21% YoY
- AI semiconductor revenue expected to reach $5.1 billion
- Ten consecutive quarters of AI growth projected
- Strong demand from hyperscale partners
- Continued strength in infrastructure software segment
Challenges Ahead
- No GAAP net income guidance provided
- Guidance subject to variability due to market conditions
- No update on macroeconomic risks
- High dependence on AI demand sustainability
- Stock repurchases could reduce available capital flexibility