Broadcom Inc. (AVGO) Income statement

Market cap

$1.9T

P/E ratio

84.1x

	2018/11	2019/11	2020/11	2021/10	2022/10	2023/10	2024/11	2025/11
Revenue	20,848	22,597	23,888	27,450	33,203	35,819	51,574	63,887
Revenue growth (%)	-
Cost of revenue	10,115	10,114	10,372	10,606	11,108	11,129	19,065	20,593
Gross profit	10,733	12,483	13,516	16,844	22,095	24,690	32,509	43,294
Gross margin (%)
Research & development	3,768	4,696	4,968	4,854	4,919	5,253	9,310	10,977
Selling, general & administrative	1,056	1,709	1,935	1,347	1,382	1,592	4,959	4,211
Operating margin (%)
Operating expenses	5,598	9,039	9,502	8,325	7,870	8,483	19,046	17,810
Operating income	5,135	3,444	4,014	8,519	14,225	16,207	13,463	25,484
Income before tax	4,545	2,226	2,443	6,765	12,434	15,097	9,916	22,729
Pretax margin (%)	21.8	9.9	10.2	24.6	37.4	42.1	19.2	35.6
Provision for income taxes	-8,084	-510	-518	29	939	1,015	3,748	-397
Effective tax rate (%)
Net income	12,610	2,724	2,960	6,736	11,495	14,082	5,895	23,126
Net income margin (%)
Earnings per share	29.33	6.77	6.62	15.7	27.44	33.93	1.27	4.91
Diluted EPS	28.44	6.43	6.33	15	26.53	32.98	1.23	4.77
Dividend payout ratio (%)
Dividend per share	7	10.6	13	14.4	16.4	18.4	2.1	2.36