Revenue Growth Accelerates on AI Demand
Revenue grew 47.9% YoY to $22.2B in Q2 FY2026, up from $15.0B in Q2 FY2025, reflecting strong demand for AI-related semiconductors and continued contribution from VMware infrastructure software revenues.
Broadcom Inc. is expected to release its Q3 2026 10-Q filing on September 2, 2026, after market close. Last quarter: Broadcom delivered exceptional Q2 FY2026 results with revenue surging 47.9% YoY to $22.2B, driven by AI semiconductor demand, while operating income nearly doubled and cash generation remained robust with $18.8B in YTD operating cash flow.
EPS Estimate
$3.30
Revenue Estimate
$29.95B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the AVGO page.
Drawn from management commentary in the Q2 2026 10-Q:
Revenue grew 47.9% YoY to $22.2B in Q2 FY2026, up from $15.0B in Q2 FY2025, reflecting strong demand for AI-related semiconductors and continued contribution from VMware infrastructure software revenues.
Gross margin improved 151 basis points YoY to 69.5%, with gross profit rising 51.2% to $15.4B, suggesting a higher mix of software and premium semiconductor products contributing to profitability.
Operating income surged 85.1% YoY to $10.8B, with operating margin expanding nearly 10 percentage points to 48.6%, as SG&A expenses declined 2.6% YoY while revenue nearly doubled, demonstrating significant operating leverage.
Revenue
$22.19B
+47.87% YoY
EPS (Diluted)
$1.91
+85.44% YoY
Gross Margin
69.5%
+1.5 pts YoY
Operating Income
$10.79B
+85.07% YoY
Add AVGO to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.