NASDAQ$AVGO

Broadcom Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Broadcom Inc. reported record quarterly revenue of $15.0 billion for Q2 2025, driven by strong demand for AI networking solutions.

Broadcom delivered robust financial results for the fiscal quarter ended May 4, 2025, with total net revenue increasing 20% year-over-year to $15.0 billion. Operating income rose significantly to $5.8 billion, supported by higher gross margins from a favorable product mix including AI-related semiconductors and infrastructure software. Net income reached $5.0 billion, reflecting continued strength in both semiconductor solutions and infrastructure software segments.

  • Total net revenue grew 20% to $15.0 billion, led by semiconductor solutions revenue of $8.4 billion and infrastructure software of $6.6 billion.
  • GAAP diluted EPS increased to $1.03 from $0.44 in the prior year quarter.
  • Gross margin improved to 68% of revenue, up from 62% year-over-year due to higher software mix and AI product demand.
  • Cash and cash equivalents stood at $9.5 billion with total assets of $164.6 billion at quarter end.

Headline financials

Total Revenue

$15B

Previous: $12.5B+20.2%
EPS (adj)

$1.03

Previous: $4.42-76.7%
Capital Expenditures

-$244M

Previous: -$254M+3.9%
Free Cash Flow

$4.72B

Previous: $1.87B+152.9%
Net Income

$4.97B

Previous: $2.12B+134.1%
Operating Income

$5.83B

Previous: $2.97B+96.6%
Gross Profit

$10.2B

Previous: $7.78B+31.1%
Cash & Equivalents

$9.47B

Previous: $9.81B-3.4%
Total Assets

$165B

Previous: $175B-6.0%
R&D Expense

$2.69B

Previous: $2.42B+11.5%

Revenue & EPS history

Broadcom · Revenue · Quarterly

$15B

Q2 2025+20.2%vs Q2 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Broadcom · $15B total across 2 segments · Q2 2025

  • Semiconductor Solutions
    $8.41B
  • Infrastructure Software
    $6.6B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+2.9%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.1%

Avg return

30 days after

69%

38 / 55 earnings

Positive

+22.7%

Q4 2024

Best reaction

-19.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-8.1%-14.2%
Q1 2026+6.1%+7.9%-0.9%
Q4 2025-19.2%-19.8%-15.1%
Q3 2025+9.5%+20.7%+10.5%
Q2 2025+0.0%+1.0%+4.9%
Q1 2025+8.6%+8.2%-18.5%
Q4 2024+22.7%+31.1%+22.4%
Q3 2024-11.1%-3.8%+14.6%
Q2 2024+14.9%+25.2%+16.4%
Q1 2024+4.2%-4.3%-0.8%
Q4 2023+4.5%+18.7%+16.1%
Q3 2023-2.2%-2.3%-6.9%
Q2 2023+0.5%-2.2%+7.4%
Q1 2023+6.6%+5.3%+8.1%
Q4 2022+5.1%+10.1%+13.5%
Q3 2022+0.2%-0.2%-11.0%
Q2 2022+9.7%+9.1%-4.2%
Q1 2022+1.7%-1.7%+7.0%
Q4 2021+7.3%+4.5%+5.2%
Q3 2021+0.9%+0.7%-1.2%
Q2 2021+0.3%-2.2%-1.2%
Q1 2021-2.8%-4.2%+2.8%
Q4 2020-2.5%+0.4%+7.1%
Q3 2020-3.2%-6.5%-4.8%
Q2 2020+2.5%+1.9%+1.9%
Q1 2020-4.8%-18.9%+3.4%
Q4 2019-1.3%+1.3%-6.4%
Q3 2019-2.6%-3.1%-5.7%
Q2 2019-4.9%-0.6%+2.0%
Q1 2019+7.0%+10.4%+16.9%
Q4 2018-1.5%+6.4%+0.5%
Q3 2018+5.1%+5.0%+10.3%
Q2 2018-2.1%-0.8%-6.0%
Q1 2018-2.2%-7.0%-5.2%
Q4 2017+0.8%-0.6%+3.8%
Q3 2017-4.4%-5.9%-6.9%
Q2 2017+6.3%+6.0%-2.7%
Q1 2017+3.0%+3.3%+3.8%
Q4 2016+6.2%+6.5%+4.8%
Q3 2016-1.9%-3.0%-2.2%
Q2 2016+5.0%+6.5%-0.4%
Q1 2016+6.6%
Q4 2015+9.0%
Q3 2015+16.4%
Q2 2015+4.7%
Q1 2015+14.2%
Q4 2014+11.8%
Q3 2014+7.7%
Q2 2014+0.9%
Q1 2014+3.9%
Q4 2013+6.2%
Q3 2013+2.1%
Q2 2013+9.9%
Q1 2013+2.1%
Q4 2012+2.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro