Broadcom, Inc. is a global technology company, which designs, develops and supplies semiconductor and infrastructure software solutions. The company is headquartered in San Jose, California and currently employs 19,000 full-time employees. The firm operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. The company offers a range of products that are used in end-products, such as enterprise and data center networking, home connectivity, set-top boxes, telecommunication equipment, smartphones, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Its product portfolio ranges from discrete devices to complex sub-systems that include multiple device types, and also includes firmware for interfacing between analog and digital systems. Its products include mechanical hardware that interfaces with optoelectronic or capacitive sensors.

Broadcom Inc.

Products

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Subscriptions and Services

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Net Revenue

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Cost of Revenue

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Cost of Products Sold

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Cost of Subscriptions and Services

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Purchase Accounting Effect on Inventory

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Amortization of Acquisition-Related Intangible Assets

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Asset Impairment Charges

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Restructuring Charges

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Total Cost of Products Sold

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Total Cost of Revenue

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Gross Margin

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Research and Development

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Selling, General and Administrative

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Restructuring and Other Charges

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Advisory Agreement Termination Fee

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Selling Shareholder Expenses

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Litigation Settlements

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Acquired in-Process Research and Development

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Total Costs and Expenses

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Total Operating Expenses

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Operating Income

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Interest Expense

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Impairment on Investment

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Loss on Extinguishment of Debt

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Other Income, Net

Other Income, Net %Chg

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Income from Continuing Operations Before Income Taxes

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Provision for Income Taxes

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Income from Continuing Operations

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Income from Discontinued Operations, Net of Income Taxes

Total Revenues

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Cost of Sales

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Gross Profit

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Gross Profit Margin

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Selling, General & Administrative Expenses

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Depreciation & Amortization Expenses

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Research & Development Expenses

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Other Operating Expenses

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Operating Profit

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Operating Margin

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Non-Operating Income

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Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Nov '25	Nov '24	Oct '23	Oct '22	Oct '21	Nov '20	Nov '19	Nov '18	Oct '17	Jan '17
Total Revenues	63,887	51,574	35,819	33,203	27,450	23,888	22,597	20,848	17,636	13,240
Total Revenues %Chg	23.9%	44%	7.9%	21%	14.9%	5.7%	8.4%	18.2%	33.2%	—
Products
Subscriptions and Services
Cost of Sales	20,593	19,065	11,129	11,108	10,606	10,372	10,114	10,115	9,127	7,300
Cost of Products Sold
Cost of Subscriptions and Services
Purchase Accounting Effect on Inventory
Amortization of Acquisition-Related Intangible Assets
Restructuring Charges
Cost of Revenue
Gross Profit	43,294	32,509	24,690	22,095	16,844	13,516	12,483	10,733	8,509	5,940
Gross Margin
Gross Profit Margin	67.8%	63%	68.9%	66.5%	61.4%	56.6%	55.2%	51.5%	48.2%	44.9%
Selling, General & Administrative Expenses	4,211	4,959	1,592	1,382	1,347	1,935	1,709	1,056	789	806
Selling, General and Administrative
Selling Shareholder Expenses
Depreciation & Amortization Expenses	2,031	3,244	1,394	1,512	1,976	2,401	1,898	541	1,764	1,873
Amortization of Acquisition-Related Intangible Assets
Research & Development Expenses	10,977	9,310	5,253	4,919	4,854	4,968	4,696	3,768	3,302	2,674
Research and Development
Acquired in-Process Research and Development
Other Operating Expenses	591	1,533	244	57	148	198	736	233	283	996
Restructuring and Other Charges
Advisory Agreement Termination Fee
Litigation Settlements
Asset Impairment Charges
Restructuring Charges
Operating Profit	25,484	13,463	16,207	14,225	8,519	4,014	3,444	5,135	2,371	-409
Operating Income
Operating Margin	39.9%	26.1%	45.2%	42.8%	31%	16.8%	15.2%	24.6%	13.4%	-3.1%
Interest Expense	-3,210	-3,953	-1,622	-1,737	-1,885	-1,777	-1,444	-628	-454	-585
Interest Expense
Non-Operating Income	455	406	512	-54	131	206	226	38	-92	-113
Other Income, Net
Loss on Extinguishment of Debt
Impairment on Investment
Total Non-Operating Income	-2,755	-3,547	-1,110	-1,791	-1,754	-1,571	-1,218	-590	-546	-698
Income Before Provision for Income Taxes	22,729	9,916	15,097	12,434	6,765	2,443	2,226	4,545	1,825	-1,107
Provision for Income Taxes	-397	3,748	1,015	939	29	-518	-510	-8,084	35	642
Provision for Income Taxes
Consolidated Net Income	23,126	6,168	14,082	11,495	6,736	2,961	2,736	12,629	1,790	-1,749
Income from Continuing Operations
Net Income Attributable to Minority Interests and Other	—	—	—	—	—	—	—	-351	92	-122
Net Income Attributable to Noncontrolling Interest
Net Income Attributable to Preferred Dividends	—	—	—	272	299	297	29	—	—	—
Dividends on Preferred Stock
Net Income Attributable to Discontinued Operations	—	-273	—	—	—	-1	-12	-19	-6	-112
Income from Discontinued Operations, Net of Income Taxes
Net Income Attributable to Common Shareholders	23,126	5,895	14,082	11,223	6,437	2,663	2,695	12,259	1,692	-1,739
Net Income Attributable to Common Stock
Basic EPS	4.9	1.3	3.4	2.7	1.6	0.7	0.7	2.9	0.4	-0.4
Diluted EPS	4.8	1.2	3.3	2.7	1.5	0.6	0.6	2.8	0.4	-0.4
Basic Weighted Average Shares Outstanding	4,712	4,624	4,149	4,089	4,100	4,020	3,980	4,180	4,050	3,660
Total Shares Outstanding	4,722.4	4,686	4,139	4,179	4,130	4,070	3,980	4,080	4,090	4,002.9
Diluted Weighted Average Shares Outstanding	4,853	4,778	4,272	4,232	4,290	4,210	4,190	4,310	4,210	3,772.5
EBITDA	34,259	23,473	20,042	19,209	14,560	10,919	9,252	9,216	7,108	5,675
Effective Tax Rate	-1.7%	37.8%	6.7%	7.6%	0.4%	-21.2%	-22.9%	-177.9%	1.9%	-58%