Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Broadcom Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	May 3, 2026	Feb 1, 2026	Nov 2, 2025	Aug 3, 2025	May 4, 2025	Feb 2, 2025	Nov 3, 2024	Aug 4, 2024	May 5, 2024	Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020
Cash and cash equivalents	19,628)	14,174)	16,178)	10,718)	9,472)	9,307)	9,348)	9,952)	9,809)	11,864)	14,189)	12,055)	11,553)	12,647)	12,416)	9,977)	9,005)	10,219)	12,163)	11,105)	9,518)	9,552)	7,618)	8,857)	9,207)	6,444)
Trade accounts receivable, net	10,830)	8,460)	7,145)	6,494)	5,563)	4,955)	4,416)	4,665)	5,500)	4,969)	3,154)	2,914)	3,031)	3,234)	2,958)	2,708)	3,083)	2,539)	2,071)	2,234)	2,425)	2,524)	2,297)	2,684)	3,211)	3,651)
Inventory	4,328)	2,962)	2,270)	2,180)	2,017)	1,908)	1,760)	1,894)	1,842)	1,920)	1,898)	1,842)	1,886)	1,899)	1,925)	1,838)	1,668)	1,520)	1,297)	1,160)	1,004)	952)	1,003)	1,081)	953)	944)
Other current assets	7,427)	6,466)	5,980)	5,606)	5,129)	4,820)	4,071)	3,436)	8,151)	8,439)	1,606)	1,522)	1,401)	1,056)	1,205)	1,038)	1,054)	1,063)	1,055)	1,137)	1,298)	1,272)	977)	1,059)	851)	1,070)
Current assets	42,213)	32,062)	31,573)	24,998)	22,181)	20,990)	19,595)	19,947)	25,302)	27,192)	20,847)	18,333)	17,871)	18,836)	18,504)	15,561)	14,810)	15,341)	16,586)	15,636)	14,245)	14,300)	11,895)	13,681)	14,222)	12,109)
Property, plant and equipment, net	2,788)	2,599)	2,530)	2,451)	2,462)	2,465)	2,521)	2,602)	2,668)	2,662)	2,154)	2,180)	2,209)	2,201)	2,223)	2,250)	2,262)	2,303)	2,348)	2,370)	2,416)	2,496)	2,509)	2,567)	2,618)	2,616)
Goodwill	97,801)	97,801)	97,801)	97,801)	97,801)	97,871)	97,873)	97,873)	97,873)	97,586)	43,653)	43,619)	43,614)	43,614)	43,614)	43,608)	43,603)	43,450)	43,450)	43,457)	43,457)	43,457)	43,447)	43,447)	43,457)	43,472)
Intangible assets, net	28,333)	30,302)	32,273)	34,344)	36,393)	38,583)	40,583)	43,034)	45,407)	47,185)	3,867)	4,654)	5,434)	6,225)	7,111)	8,174)	9,241)	10,244)	11,374)	12,719)	14,068)	15,419)	16,782)	18,357)	19,909)	21,465)
Other long-term assets	8,023)	7,139)	6,915)	6,027)	5,793)	5,449)	5,073)	4,510)	3,961)	3,245)	2,340)	2,809)	2,539)	2,100)	1,797)	1,733)	1,803)	1,886)	1,812)	1,698)	1,338)	1,300)	1,300)	1,246)	1,342)	1,344)
Long-term assets	136,945)	137,841)	139,519)	140,623)	142,449)	144,368)	146,050)	148,019)	149,909)	150,678)	52,014)	53,262)	53,796)	54,140)	54,745)	55,765)	56,909)	57,883)	58,984)	60,244)	61,279)	62,672)	64,038)	65,617)	67,326)	68,897)
Total assets	179,158)	169,903)	171,092)	165,621)	164,630)	165,358)	165,645)	167,966)	175,211)	177,870)	72,861)	71,595)	71,667)	72,976)	73,249)	71,326)	71,719)	73,224)	75,570)	75,880)	75,524)	76,972)	75,933)	79,298)	81,548)	81,006)

The asset structure exhibits a significant structural shift beginning in February 2024, characterized by a massive expansion of the balance sheet. Total assets transitioned from a range of 71 billion to 81 billion US dollars between 2020 and 2023 to a new baseline exceeding 160 billion US dollars from 2024 onward, peaking at 179.1 billion US dollars by May 2026.

Acquisition-Driven Asset Growth: A substantial increase in non-current assets occurred in February 2024, where Goodwill rose from 43.6 billion US dollars to 97.5 billion US dollars, and net Intangible assets jumped from 3.8 billion US dollars to 47.1 billion US dollars. This pattern indicates a major corporate acquisition. Following this event, intangible assets have undergone steady amortization, declining to 28.3 billion US dollars by May 2026.
Working Capital and Liquidity Trends: Current assets demonstrated a marked upward trajectory, growing from 12.1 billion US dollars in February 2020 to 42.2 billion US dollars by May 2026. Cash and cash equivalents remained relatively stable for several years but showed an accelerating trend in late 2025 and 2026, reaching 19.6 billion US dollars. Trade accounts receivable exhibited an aggressive increase starting in February 2024, climbing from approximately 3.1 billion US dollars to 10.8 billion US dollars by the end of the period, suggesting an increase in credit sales or a change in revenue recognition scale.
Inventory and Operational Assets: Inventory levels remained controlled between 900 million and 2 billion US dollars for the majority of the timeline but experienced a sharp spike in 2026, reaching 4.3 billion US dollars. In contrast, Property, Plant, and Equipment (PP&E) remained remarkably stagnant, fluctuating minimally between 2.1 billion and 2.7 billion US dollars, indicating that the company's growth is driven by intellectual property and acquisitions rather than physical infrastructure expansion.
Long-Term Asset Composition: The composition of long-term assets shifted from a declining trend—dropping from 68.8 billion US dollars in 2020 to 52.0 billion US dollars in late 2023—to a massive expansion to 150.6 billion US dollars in early 2024. While Goodwill remained flat post-acquisition, the overall decline in long-term assets toward 136.9 billion US dollars by May 2026 is primarily attributed to the systematic amortization of the acquired intangible assets.

Broadcom Inc. (NASDAQ:AVGO)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Broadcom Inc. (NASDAQ:AVGO)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data