Broadcom (AVGO)

Quarterly Results

The US quarterly Results season is almost over. Of the companies we follow, Broadcom is one of the last to report.

We first wrote about Broadcom (AVGO) on June 17^th 2024. That report can be found here. In our very biased view, it should be read as it is a good introduction to the company!

Our most recent report, which was the fourth one, can be found here.

End July 2025 Quarter results

Investor’s Business Daily (IBD) reported the results as follows:

Broadcom beat analyst estimates for its fiscal third quarter and guided above views for sales in the current period. The fabless chipmaker and infrastructure software provider earned an adjusted $1.69 a share on sales of $15.95 billion in the quarter ended Aug. 3. Analysts polled by FactSet had expected Broadcom to earn $1.66 a share on sales of $15.83 billion. On a year-over-year basis, Broadcom earnings rose 36% while sales increased 22%.

As we have noted previously, Broadcom is large technology conglomerate which has grown over the last three decades by many debt-financed acquisitions. The most recent of these was the purchase of VMWare from Dell Technologies two years ago.

It provides a wide range of products, software and services across a wide range of industries and technologies.

Broadcom’s red symbol in the schematic diagram above shows where some of their products can be found.

End July 2025 Quarter results