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. reported Q3 2026 results via an 8-K press release. This page preserves the snapshot available when the site was archived.
Broadcom reported third quarter fiscal 2026 revenue of $29.6 billion, up 86% year over year, with non-GAAP diluted EPS of $3.32.
Revenue
$29.59B
vs est. $29.95B
Miss -1.2%EPS (non-GAAP)
$3.32
vs est. $3.30
Beat +0.6%Guidance
For the fourth quarter of fiscal year 2026, Broadcom expects revenue of approximately $34.8 billion and non-GAAP operating income of approximately 66 percent of projected revenue.
Source: SEC Form 8-K (Item 2.02), EX-99.1 press release. Numbers are company-reported; estimates are Finnhub analyst consensus. This is a same-day snapshot — the full AI analysis (MD&A, risks, audit opinion) is generated automatically when the 10-Q/10-K is filed.
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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
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