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Oct 30, 2022

Broadcom Q4 2022 Earnings Report

Broadcom's Q4 2022 earnings were announced, revealing a 21% increase in revenue compared to the prior year period.

Key Takeaways

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.

Revenue for the fourth quarter reached $8.93 billion, a 21% increase from the previous year.

GAAP net income for the fourth quarter was $3.359 billion.

Non-GAAP diluted EPS for the fourth quarter was $10.45.

The quarterly common stock dividend increased by 12% to $4.60 from the prior quarter.

Total Revenue
$8.93B
Previous year: $7.41B
+20.6%
EPS
$1.05
Previous year: $0.78
+34.6%
Gross Profit
$5.93B
Previous year: $4.64B
+27.8%
Cash and Equivalents
$12.4B
Previous year: $12.2B
+2.1%
Free Cash Flow
$4.46B
Previous year: $3.45B
+29.2%
Total Assets
$73.2B
Previous year: $75.6B
-3.1%

Broadcom

Broadcom

Broadcom Revenue by Segment

Forward Guidance

Broadcom anticipates first quarter revenue of approximately $8.9 billion and Adjusted EBITDA of approximately 63 percent of projected revenue.

Revenue & Expenses

Visualization of income flow from segment revenue to net income