Broadcom Inc.

NasdaqGS-AVGO

Operating Activities	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Aug '24
Net Income	8,518	4,140	4,965	5,503	4,324	-1,875
Net Income
Depreciation & Amortization	2,233	2,202	2,166	2,174	2,611	2,524
Depreciation and Amortization
Amortization of Intangible and Right-of-Use Assets
Depreciation
Share-Based Compensation Expense	2,195	2,322	1,771	1,280	1,314	1,388
Stock-Based Compensation
Other Adjustments	-2,898	396	-437	-493	-587	3,994
Excess Tax from Share-Based Compensation
Excess Tax Benefits from Stock-Based Compensation
Deferred Taxes and Other Non-Cash Taxes
Impairment on Investment
Gain on Debt Extinguishment
Gain on Investments
Non-Cash Restructuring, Impairment and Disposal Charges
Non-Cash Interest Expense
Other
Changes in Trade Receivables	-651	-937	-590	-539	249	835
Change in Trade Accounts Receivable, Net
Changes in Inventories	-90	-163	-109	-148	134	-52
Change in Inventory
Changes in Accounts Payable	118	136	-613	241	-85	373
Change in Accounts Payable
Changes in Accrued Expenses	410	511	287	-908	196	291
Change in Employee Compensation and Benefits
Changes in Other Operating Activities	-2,132	-1,441	-885	-997	-2,552	-2,515
Contributions to Defined Benefit Pension Plans
Change in Other Current Assets and Current Liabilities
Change in Other Long-Term Assets and Long-Term Liabilities
Cash from Operating Activities	7,703	7,166	6,555	6,113	5,604	4,963
Net Cash Provided by Operating Activities

Investing Activities	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Aug '24
Capital Expenditure	-237	-142	-144	-100	-122	-172
Purchases of Property, Plant and Equipment
Proceeds from Sale of Property, Plant & Equipment	—	—	—	—	—	—
Proceeds from Disposals of Property, Plant and Equipment
Purchases of Investments	-336	-99	-57	-105	-30	-73
Purchases of Investments
Proceeds from Sale of Investments	101	51	78	18	20	5
Sales of Investments
Payments for Business Acquisitions	—	—	-2	—	—	—
Acquisitions of Businesses, Net of Cash Acquired
Proceeds from Business Divestments	—	300	—	—	—	3,485
Proceeds from Sales of Businesses
Other Investing Activities	105	-16	-10	13	92	2
Other
Cash from Investing Activities	-367	94	-133	-174	-132	3,245
Net Cash Provided by Investing Activities

Financing Activities	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Aug '24
Issuance of Short-Term Debt	-488	-3,373	-119	3,980	—	—
Repayments of Commercial Paper, Net
Net Issuance / (Repayments) of Short-Term Debt	-488	-3,373	-119	3,980	—	—
Issuance of Long-Term Debt	4,971	6,960	749	2,986	4,969	4,975
Proceeds from Long-Term Borrowings
Repayments of Long-Term Debt	-3,638	-6,750	—	-8,090	-7,472	-9,202
Payments on Debt Obligations
Payment of Assumed Debt
Payment of Capital Lease Obligations
Net Issuance / (Repayments) of Long-Term Debt	1,333	210	749	-5,104	-2,503	-4,227
Issuance of Common Shares	103	—	118	—	126	—
Issuance of Common Stock
Repurchases of Common Shares	—	-58	-4,216	-2,036	-3,654	-1,350
Repurchases of Common Stock - Repurchase Program
Shares Repurchased for Tax Withholdings on Vesting of Equity Awards
Net Issuance / (Repurchases) of Common Shares	103	-58	-4,098	-2,036	-3,528	-1,350
Issuance of Preferred Shares	—	—	—	—	—	—
Issuance of Preferred Stock, Net
Net Issuance / (Repurchases) of Preferred Shares	—	—	—	—	—	—
Common Share Dividends Paid	-2,797	-2,786	-2,785	-2,774	-2,484	-2,452
Payments of Dividends
Other Financing Activities	-27	-7	-4	-46	-11	-36
Payment of Debt Issuance Costs
Excess Tax from Share-Based Compensation
Excess Tax Benefits from Share-Based Compensation
Other
Cash from Financing Activities	-1,876	-6,014	-6,257	-5,980	-6,076	-8,065
Net Cash Provided by Financing Activities

Free Cash Flow	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Aug '24
Free Cash Flow	7,466	7,024	6,411	6,013	5,482	4,791
NOPAT	9,310.4	4,611.6	5,691.4	6,274.8	5,170.5	-1,933.1
Levered Free Cash Flow	9,665	2,080	6,297	4,641	2,003	-5,653
Unlevered Free Cash Flow	9,612.4	5,714.6	6,393.4	6,536.8	5,352.5	-1,484.1
Net Change in Cash	5,460	1,246	165	-41	-604	143