Broadcom Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62.00B | $51.52B | $35.82B | $33.21B | $27.45B | $23.88B | $22.60B | $20.85B |
| Semiconductor Solutions | $36.80B | $30.12B | $28.18B | $25.82B | $20.38B | $17.27B | $17.43B | $15.22B |
| Infrastructure Software | $25.20B | $21.40B | $7.64B | $7.39B | $7.07B | $6.61B | $5.17B | $5.63B |
| Cost of Revenue | $20.59B | $19.07B | $11.13B | $11.11B | $10.61B | $10.37B | $10.11B | $10.12B |
| Gross Profit | $43.29B | $32.51B | $24.69B | $22.10B | $16.84B | $13.52B | $12.48B | $10.73B |
| Gross Margin | 69.8% | 63.1% | 68.9% | 66.5% | 61.4% | 56.6% | 55.2% | 51.5% |
| Operating Expenses | ||||||||
| Research & Development | $10.98B | $9.31B | $5.25B | $4.92B | $4.85B | $4.97B | $4.70B | $3.77B |
| SG&A Expense | $4.21B | $4.96B | $1.59B | $1.38B | $1.35B | $1.94B | $1.71B | $1.06B |
| Operating Income | $25.48B | $13.46B | $16.21B | $14.23B | $8.52B | $4.01B | $3.44B | $5.14B |
| Operating Margin | 41.1% | 26.1% | 45.2% | 42.8% | 31.0% | 16.8% | 15.2% | 24.6% |
| Interest Expense | — | $3.95B | $1.62B | $1.74B | $1.89B | $1.78B | $1.44B | $628.0M |
| Pretax Income | $22.73B | $9.92B | $15.10B | $12.43B | $6.77B | $2.44B | $2.23B | $4.55B |
| Income Tax Expense | $-397.0M | $3.75B | $1.02B | $939.0M | $29.0M | $-518.0M | $-510.0M | $-8.08B |
| Net Income | $23.13B | $5.90B | $14.08B | $11.50B | $6.74B | $2.96B | $2.72B | $12.26B |
| Net Margin | 37.3% | 11.4% | 39.3% | 34.6% | 24.5% | 12.4% | 12.1% | 58.8% |
| EPS (Basic) | $4.91 | $1.27 | $3.39 | $2.74 | $1.57 | $0.66 | $0.68 | $2.93 |
| EPS (Diluted) | $4.77 | $1.23 | $3.30 | $2.65 | $1.50 | $0.63 | $0.64 | $2.84 |
| Shares Outstanding (Basic) | 4.71B | 4.62B | 4.15B | 4.09B | 4.10B | 4.02B | 3.98B | 4.18B |
| Shares Outstanding (Diluted) | 4.85B | 4.78B | 4.27B | 4.23B | 4.29B | 4.21B | 4.19B | 4.31B |
| Dividends Per Share | $2.36 | $2.11 | $1.84 | $1.64 | $1.44 | $1.30 | $1.06 | $0.70 |