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
In the third quarter of fiscal year 2024, Broadcom Inc reported robust results, achieving consolidated net revenue of $13.1 billion, which represents a remarkable 47% increase compared to the same period last year. This growth was primarily propelled by a significant surge in AI revenue and the successful integration of VMware, contributing $3.8 billion in revenue in the software segment. CEO Hock Tan attributed the company’s success to the expanding demand in AI technologies and strong performance from semiconductor solutions. Despite a reported net loss of $1.875 billion, Broadcom's internal metrics signal a recovery trend in their non-AI semiconductor markets, positioning the company favorably for future quarters.
Key Performance Indicators
Revenue
13.07B
QoQ: 4.68% | YoY:40.63%
Gross Profit
8.36B
63.92% margin
QoQ: 19.34% | YoY:30.42%
Operating Income
3.79B
QoQ: 14.44% | YoY:-10.66%
Net Income
-1.88B
QoQ: -188.40% | YoY:-153.21%
EPS
-0.40
QoQ: -186.96% | YoY:-104.69%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue**: $13.1 billion (YoY: +47%, QoQ: +4.7%)
- **Gross Profit**: $8.356 billion, with a gross profit margin of **63.9%**.
- **Operating Income**: $3.788 billion, with an operating income margin of **28.9%**.
- **Net Income**: -$1.875 billion (notably affected by one-time charges related to VMware integration)
- **EPS**: -$0.40