Broadcom Q4 FY25: where the revenue came from and where it went
The whole income statement of Broadcom for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Aug 4 – Nov 2, 2025
- Reported
- Dec 18, 2025
Revenue$18.0B
+28% year over year
Gross profit$12.2B
68% margin
Operating profit$7.5B
42% margin
Net profit$8.5B
47% margin
Net profit is larger than what operations earned, because the statement adds $1.6B below it, under Tax benefit.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 18.0 | 100% | +28% |
| Semiconductor solutions | 11.1 | 61% | +35% |
| Infrastructure software | 6.9 | 39% | +19% |
| Cost of revenue | −5.8 | 32% | |
| Gross profit | 12.2 | 68% margin | +4pp |
| R&D | −3.0 | 16% | +1pp |
| SG&A | −1.1 | 6% | −1pp |
| Other | −0.7 | 4% | +0pp |
| Operating profit | 7.5 | 42% margin | +9pp |
| Interest & other costs | −0.6 | ||
| Tax benefit | 1.6 | ||
| Net profit | 8.5 | 47% margin | +17pp |
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