Broadcom

AVGO · Information Technology · Market cap $1.82T

Q2 FY26 May 3, 2026 reported Jun 9, 2026

Revenue$22.2B +48% year over year

Gross profit$15.4B

Operating profit$10.8B

Net profit$9.3B 42% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends May 3, 2026).
Item	Value	Share of revenue	Year over year
Revenue	22.2	100%	+48%
Semiconductor Solutions	15	68%	+79%
Infrastructure Software	7.2	32%	+9%
Cost of revenue	−6.8	31%
Gross profit	15.4	69% margin	+2pp
Research & development	−3	13%	−4pp
SG&A	−1.1	5%	−2pp
Other	−0.6	3%	+0pp
Operating profit	10.8	49% margin	+10pp
Tax	−0.8
Interest & other costs	−0.7
Net profit	9.3	42%	+9pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Feb 1, 2026).
Item	Value	Share of revenue	Year over year
Revenue	19.3	100%	+29%
Semiconductor Solutions	12.5	65%	+52%
Infrastructure Software	6.8	35%	+1%
Cost of revenue	−6.2	32%
Gross profit	13.2	68% margin	+0pp
Research & development	−3	15%	+0pp
SG&A	−1	5%	−1pp
Other	−0.6	3%	+0pp
Operating profit	8.6	44% margin	+2pp
Tax	−0.9
Interest & other costs	−0.4
Net profit	7.3	38%	+1pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Nov 2, 2025).
Item	Value	Share of revenue	Year over year
Revenue	18	100%	+28%
Semiconductor Solutions	11.1	62%	+35%
Infrastructure Software	6.9	38%	+19%
Cost of revenue	−5.8	32%
Gross profit	12.2	68% margin	+4pp
Research & development	−3	17%	+1pp
SG&A	−1.1	6%	−1pp
Other	−0.7	4%	+0pp
Operating profit	7.5	42% margin	+9pp
Interest & other costs	−0.6
Net profit	8.5	47%	+17pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Aug 3, 2025).
Item	Value	Share of revenue	Year over year
Revenue	16	100%	+22%
Semiconductor Solutions	9.2	58%	+26%
Infrastructure Software	6.8	42%	+17%
Cost of revenue	−5.2	32%
Gross profit	10.7	67% margin	+3pp
Research & development	−3	19%	+1pp
SG&A	−1.1	7%	−2pp
Other	−0.7	4%	+0pp
Operating profit	5.9	37% margin	+8pp
Tax	−1.2
Interest & other costs	−0.6
Net profit	4.1	26%	+40pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	May 3, 2026	Jun 9, 2026	$22.2B	+48%	49%	$9.3B	42%
Q1 FY26	Nov 3, 2025 – Feb 1, 2026	Mar 11, 2026	$19.3B	+29%	45%	$7.3B	38%
Q4 FY25	Aug 4 – Nov 2, 2025	Dec 18, 2025	$18B	+28%	42%	$8.5B	47%
Q3 FY25	May 5 – Aug 3, 2025	Sep 10, 2025	$16B	+22%	37%	$4.1B	26%