Broadcom delivered a standout Q4 2025, underscoring the strength of its diversified mix across semiconductors and software. Revenue totaled $18.015 billion, up 28.18% year over year and 12.93% quarter over quarter, supported by a favorable product mix and sustained demand from hyperscalers and enterprise data centers. The company posted a gross profit of $12.249 billion and a gross margin of 67.99%, with EBITDA of $9.741 billion and operating income of $7.509 billion, yielding an operating margin of 41.68%. Net income reached $8.518 billion, yielding a net margin of 47.28%, aided by a tax benefit of approximately $1.649 billion and supported by strong operating performance. Earnings per diluted share were $1.74, with an undiluted EPS of $1.80.
The results reflect broad-based strength in high-value, high-margin businesses and a continued favorable demand environment for data-center, enterprise networking and infrastructure software. EBITDA margin remained robust at ~54.1%, and net income margin remained among the highest in the sector, underscoring Broadcom’s pricing power, scale, and ability to convert operating profit into substantial bottom-line growth. While the quarter benefits from favorable tax timing and mix, the sequential and YoY momentum suggests Broadcom is navigating a cyclical semiconductor cycle with improving profitability.
Looking ahead, management commentary (where available in the dataset) points to ongoing strength in AI-related compute demand and hyperscale capex, albeit with the usual cyclical and geopolitical considerations for the broader semiconductor industry. The company’s profitability and relatively high-margin profile position it well to sustain cash generation and potential capital returns, though investors should monitor end-market elasticity, supply chain dynamics, and competitive intensity as demand patterns evolve.