Broadcom profit margin AVGO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 42.9%
- Operating margin, 12 months
- 48.0%
- Net margin on a year earlier
- +11.4 pts
- Peer median
- 31.2%
Over the twelve months to Aug 2, 2026, Broadcom kept 42.9% of its revenue as net profit, with an operating margin of 48.0% and a gross margin of 68.8%.
Five years earlier its net margin was 22.9%.
The median for 10 semiconductor stocks of a similar size is 31.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 36.2% | 39.9% | 67.8% |
| FY2024 | 11.4% | 26.1% | 63.0% |
| FY2023 | 39.3% | 45.2% | 68.9% |
| FY2022 | 34.6% | 42.8% | 66.5% |
| FY2021 | 24.5% | 31.0% | 61.4% |
| FY2020 | 12.4% | 16.8% | 56.6% |
| FY2019 | 12.1% | 15.2% | 55.2% |
| FY2018 | 58.8% | 24.6% | 51.5% |
| FY2017 | 9.6% | 13.5% | 48.2% |
| FY2016 | −13.1% | −3.1% | 44.9% |
| FY2015 | 20.0% | 23.9% | 52.1% |
| FY2014 | 6.2% | 10.3% | 44.0% |
| FY2013 | 21.9% | 21.9% | 47.5% |
| FY2012 | 23.8% | 24.6% | 48.3% |
| FY2011 | 23.6% | 25.0% | 49.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 42.9% | +11.4 pts | 48.0% | |
| Q2 FY26 | 38.8% | +16.2 pts | 43.4% | |
| Q1 FY26 | 36.6% | +18.1 pts | 40.7% | |
| Q4 FY25 | 36.2% | +24.8 pts | 39.9% | |
| Q3 FY25 | 31.6% | +20.7 pts | 37.7% | |
| Q2 FY25 | 22.6% | −1.5 pts | 35.9% | |
| Q1 FY25 | 18.5% | −11.5 pts | 32.3% | |
| Q4 FY24 | 11.4% | −27.9 pts | 26.1% | |
| Q3 FY24 | 10.9% | −28.4 pts | 27.9% | |
| Q2 FY24 | 24.1% | −15.0 pts | 30.8% | |
| Q1 FY24 | 29.9% | −7.3 pts | 36.5% | |
| Q4 FY23 | 39.3% | +4.7 pts | 45.2% |
Against its peers
Companies in Semiconductors nearest Broadcom's size, closest first, today.
| Company | Profit margin |
|---|---|
| AVGOBroadcom | 42.9% |
| MUMicron Technology | 63.8% |
| AMDAdvanced Micro Devices | 15.6% |
| NVDANVIDIA | 63.7% |
| INTCIntel | −19.8% |
| AMATApplied Materials | 30.1% |
| LRCXLam Research | 32.3% |
| TXNTexas Instruments | 34.3% |
| MRVLMarvell Technology | 27.9% |
| KLACKLA | 35.6% |
| ADIAnalog Devices | 29.8% |
| Peer median | 31.2% |
Where Broadcom ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Broadcom
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.