Broadcom Inc.
For the period ended Nov 2, 2025. Filed Dec 18, 2025.
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FY2025 · Filed Dec 18, 2025
AVGO$319.48+8.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Fiscal Year Ended | |||
|---|---|---|---|
| November 2,2025 | November 3,2024 | October 29,2023 | |
| (In millions, except per share data) | |||
| Net revenue: | |||
| Products | $44,847 | $34,960 | $28,949 |
| Subscriptions and services | 19,040 | 16,614 | 6,870 |
| Total net revenue | 63,887 | 51,574 | 35,819 |
| Cost of revenue: | |||
| Cost of products sold | 12,115 | 9,805 | 8,641 |
| Cost of subscriptions and services | 2,371 | 2,983 | 631 |
| Amortization of acquisition-related intangible assets | 6,031 | 6,023 | 1,853 |
| Restructuring charges | 76 | 254 | 4 |
| Total cost of revenue | 20,593 | 19,065 | 11,129 |
| Gross margin | 43,294 | 32,509 | 24,690 |
| Research and development | 10,977 | 9,310 | 5,253 |
| Selling, general and administrative | 4,211 | 4,959 | 1,592 |
| Amortization of acquisition-related intangible assets | 2,031 | 3,244 | 1,394 |
| Restructuring and other charges | 591 | 1,533 | 244 |
| Total operating expenses | 17,810 | 19,046 | 8,483 |
| Operating income | 25,484 | 13,463 | 16,207 |
| Interest expense | (3,210) | (3,953) | (1,622) |
| Other income, net | 455 | 406 | 512 |
| Income from continuing operations before income taxes | 22,729 | 9,916 | 15,097 |
| Provision for (benefit from) income taxes | (397) | 3,748 | 1,015 |
| Income from continuing operations | 23,126 | 6,168 | 14,082 |
| Loss from discontinued operations, net of income taxes | — | (273) | — |
| Net income | $23,126 | $5,895 | $14,082 |
| Basic income per share: | |||
| Income per share from continuing operations | $4.91 | $1.33 | $3.39 |
| Loss per share from discontinued operations | — | (0.06) | — |
| Net income per share | $4.91 | $1.27 | $3.39 |
| Diluted income per share: | |||
| Income per share from continuing operations | $4.77 | $1.29 | $3.30 |
| Loss per share from discontinued operations | — | (0.06) | — |
| Net income per share | $4.77 | $1.23 | $3.30 |
| Weighted-average shares used in per share calculations: | |||
| Basic | 4,712 | 4,624 | 4,149 |
| Diluted | 4,853 | 4,778 | 4,272 |
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