Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·AVGO
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NASDAQ·AVGO
Broadcom Inc.
Share price$313.19Price as of: Nov 9, 2026
Broadcom Inc. (AVGO) is a company listed on NASDAQ, classified under Semiconductors.
Broadcom delivers advanced semiconductor solutions and infrastructure software through four main divisions.
Revenue · FY 2025
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Sales generated during the period, before costs and expenses.
Net margin · FY 2025
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every $100 it takes in,58 come from Semiconductor Solutions.
Semiconductor Solutions is its largest source of revenue (57.7%), followed by Infrastructure Software (42.3%). Here you will see what it sells, where, and how that mix is changing.
$64bnrevenue in FY 2025
2business lines with data
56%of sales, in Asia Pacific
Full fiscal year ended Nov 2, 2025
After that close
Q3 fiscal 2026, ended Aug 2, 2026: total revenue +85.5% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2025
02Where revenue comes from
A single line brings in half or more.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
It depends on one main market.
Asia Pacific is its largest market, with 56.2% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2025
04How the mix is changing
Semiconductor Solutions is losing weight.
Weight of each part in 2024 and in 2025. A line gains weight when it grows faster than the total.
FY 2024FY 2025
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
Asia Pacific remains critical (56.2% of revenue), but Americas drove much of the growth, posting +26.5% and accounting for a third of the overall increase.
That Asia Pacific alone drove recent growth: Americas and, to a lesser degree, Infrastructure Software played an equally or greater role in the sales increase.
02
Both main lines grew in FY 2025, but Infrastructure Software, though smaller, advanced faster and is gaining in the overall mix.
That profit is spread like revenue: without margins by line, we do not know whether profits rely more on Semiconductor Solutions or Infrastructure Software.
Our take
Broadcom remains heavily dependent on Semiconductor Solutions and Asia Pacific, but recent growth is increasingly shared across lines and regions.
- 01Shown by the figures
High weight, but increasing spread across lines
The company is highly reliant on Semiconductor Solutions, but that line is ceding some share to Infrastructure Software, which is expanding even faster. The company isn't absolutely concentrated: much growth comes from the smaller segment, lessening risk tied to a single unit.
- 02Shown by the figures
Regional concentration but more diversified growth
Sales remain heavily concentrated in Asia Pacific, but much growth comes from the Americas. While regional weight is similar to the prior year, the more diversified growth base helps balance out that dependency.
What is not proven
It is unknown whether margin and profit have the same dependency on the largest lines and regions as revenue does, since there are no margins by segment.
See the calculations behind it
- Semiconductor Solutions brought $6.8B of the $12.3B by which revenue grew in FY 2025 (54.9%), although it weighed 58.4%. Without that line, the rest grew 25.8%.
- Dependence on Semiconductor Solutions barely changes: 58.4% of revenue in FY 2024 and 57.7% in FY 2025.
- Asia Pacific brings 56.2% of sales (55.1% in FY 2024). The fastest-growing region is Americas: +26.5% against +23.9% overall.
- Semiconductor Solutions accounts for 54.9% of the change in revenue in FY 2025 and weighed 58.4%.
- Semiconductor Solutions weighs more than all the other lines together: 57.7% of revenue in FY 2025.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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