AVGO
Broadcom Inc
Q1 2025 Report
Broadcom Inc (AVGO) Q1 2025 Financial Results: Record Revenue and Strong Growth in AI Segment...
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Executive Summary
Broadcom Inc. reported a robust fiscal Q1 2024 performance highlighted by consolidated revenue of $12 billion, a significant 34% increase year-on-year driven by strong contributions from its software segment including VMware. Excluding VMware, revenue growth remained substantial at 11% year-on-year. Semiconductor Solutions segment contributed $7.4 billion, up 4% year-on-year. AI revenue more than quadrupled to $2.3 billion, underlining the company's strategic pivot toward this high-demand industry sector. Nonetheless, management acknowledged challenges ahead, particularly in the server storage and broadband markets, which have experienced cyclical weaknesses.
The management's guidance remains optimistic, with anticipation of continued revenue strength driven by strong demand in AI and robust bookings in VMware solutions. Broadcom is reaffirming its full-year consolidated revenue guidance of $50 billion, reflecting a remarkable 40% year-on-year growth.
Key Performance Indicators
Revenue
11.96B
QoQ: 28.68% | YoY:34.76%
Gross Profit
6.68B
55.81% margin
QoQ: 4.18% | YoY:8.29%
Operating Income
2.80B
QoQ: -34.08% | YoY:-27.52%
Net Income
1.33B
QoQ: -62.40% | YoY:-59.88%
EPS
0.29
QoQ: -65.88% | YoY:-96.38%
Revenue Trend
Margin Analysis
Key Insights
- **Total Revenue:** $12 billion (34% YoY growth; 11% excl. VMware contribution)
- **Gross Profit:** $6.675 billion, Gross Margin: 55.8%
- **Operating Income:** $2.795 billion, Operating Margin: 23.4%
- **Net Income:** $1.325 billion, Net Margin: 11.1%
- **EPS:** $0.29 (Diluted: $0.28)