Summary
Broadcom Inc. reported strong financial results for the fiscal quarter ended February 1, 2026, with total net revenue reaching $19.31 billion, a significant increase of 29% year-over-year. This growth was primarily driven by a 52% surge in the Semiconductor Solutions segment, fueled by robust demand for AI accelerators and networking products. The Infrastructure Software segment showed more modest growth, increasing revenue by 1%. Net income also saw a substantial rise to $7.35 billion, up from $5.50 billion in the prior year period, reflecting improved profitability and operational efficiencies. The company demonstrated strong cash flow generation, with $8.26 billion in cash from operating activities. Broadcom continued its commitment to returning capital to shareholders through substantial dividend payments of $3.09 billion and significant share repurchases totaling $7.85 billion during the quarter. Despite a large debt load of approximately $66 billion, the company remains confident in its liquidity position, with ample cash reserves and an undrawn revolving credit facility to meet its obligations.
Financial Highlights
54 data points| Revenue | $19.31B |
| Cost of Revenue | $6.15B |
| Gross Profit | $13.16B |
| R&D Expenses | $2.96B |
| SG&A Expenses | $1.02B |
| Operating Expenses | $4.59B |
| Operating Income | $8.56B |
| Interest Expense | $801.00M |
| Net Income | $7.35B |
| EPS (Basic) | $1.55 |
| EPS (Diluted) | $1.50 |
| Shares Outstanding (Basic) | 4.74B |
| Shares Outstanding (Diluted) | 4.89B |
Key Highlights
- 1Total net revenue increased by 29% to $19.31 billion in the fiscal quarter ended February 1, 2026, compared to the prior year period.
- 2Semiconductor Solutions segment revenue surged by 52% year-over-year, driven by strong demand for AI accelerators and networking products.
- 3Net income rose significantly to $7.35 billion, a 33.5% increase from $5.50 billion in the comparable prior year quarter.
- 4Operating cash flow was robust at $8.26 billion for the quarter.
- 5The company returned substantial capital to shareholders, with $3.09 billion in dividends paid and $7.85 billion in common stock repurchased during the quarter.
- 6Despite significant debt, Broadcom maintains a strong liquidity position, with $14.17 billion in cash and cash equivalents.
- 7Gross margin remained stable year-over-year at 68%, indicating strong pricing power and operational efficiency despite a higher mix of semiconductor solutions revenue.