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Stock Analysis on Net

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Broadcom Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Aug 2, 2026 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
Accounts payable 4,000 2,337 2,112 1,560 1,432 1,297 1,905 1,662 1,757 1,441 1,496 1,210 992 831 923 998 712 1,069 1,078 1,086 968 830 898 836 1,092 1,230 985
Employee compensation and benefits 1,506 1,134 864 2,129 1,719 1,266 922 1,971 1,725 1,385 1,128 935 831 634 536 1,202 1,079 751 531 1,066 893 639 494 877 732 494 435
Short-term debt 2,252 2,252 2,252 3,152 1,399 5,531 5,653 1,271 3,161 2,426 2,433 1,608 1,119 1,117 1,115 440 304 302 300 290 279 278 864 827 822 819 2,311
Other current liabilities 13,080 13,139 11,631 11,673 12,154 12,503 12,430 11,793 12,578 14,919 15,312 3,652 4,403 4,929 4,909 4,412 4,607 4,788 4,378 3,839 4,361 4,689 4,438 3,831 4,056 4,058 4,008
Current liabilities 20,838 18,862 16,859 18,514 16,704 20,597 20,910 16,697 19,221 20,171 20,369 7,405 7,345 7,511 7,483 7,052 6,702 6,910 6,287 6,281 6,501 6,436 6,694 6,371 6,702 6,601 7,739
Long-term debt 57,167 62,655 63,805 61,984 62,830 61,751 60,926 66,295 66,798 71,590 73,468 37,621 38,222 38,194 38,167 39,075 39,191 39,164 39,205 39,440 40,178 40,160 41,068 40,235 43,201 45,044 42,407
Other long-term liabilities 10,453 9,950 9,367 9,302 12,810 12,696 13,733 14,975 16,296 13,489 13,749 3,847 3,949 3,955 4,016 4,413 4,530 4,655 4,738 4,860 4,834 4,962 5,211 5,426 5,810 5,933 6,464
Long-term liabilities 67,620 72,605 73,172 71,286 75,640 74,447 74,659 81,270 83,094 85,079 87,217 41,468 42,171 42,149 42,183 43,488 43,721 43,819 43,943 44,300 45,012 45,122 46,279 45,661 49,011 50,977 48,871
Total liabilities 88,458 91,467 90,031 89,800 92,344 95,044 95,569 97,967 102,315 105,250 107,586 48,873 49,516 49,660 49,666 50,540 50,423 50,729 50,230 50,581 51,513 51,558 52,973 52,032 55,713 57,578 56,610
Preferred stock dividend obligation — — — — — — — — — — — — — — — — 27 27 26 27 27 27 26 27 28 28 28
Preferred stock, $0.001 par value; none issued and outstanding — — — — — — — — — — — — — — — — — — — — — — — — — — —
Common stock, $0.001 par value 5 5 5 5 5 5 5 5 5 — — — — — — — — — — — — — — — — — —
Additional paid-in capital 77,330 75,312 73,135 71,308 69,011 66,689 66,848 67,466 67,313 69,754 70,077 21,099 20,855 20,826 21,119 21,159 20,990 21,078 23,083 24,330 24,126 24,045 24,080 23,982 23,688 24,073 24,500
Retained earnings (accumulated deficit) 22,151 12,166 6,520 9,761 4,040 2,686 2,729 — (1,875) — — 2,682 1,178 1,363 2,371 1,604 — — — 748 320 — — — — — —
Accumulated other comprehensive income (loss) 204 208 212 218 221 206 207 207 208 207 207 207 46 (182) (180) (54) (114) (115) (115) (116) (106) (106) (107) (108) (131) (131) (132)
Stockholders’ equity 99,690 87,691 79,872 81,292 73,277 69,586 69,789 67,678 65,651 69,961 70,284 23,988 22,079 22,007 23,310 22,709 20,876 20,963 22,968 24,962 24,340 23,939 23,973 23,874 23,557 23,942 24,368
Total liabilities and equity 188,148 179,158 169,903 171,092 165,621 164,630 165,358 165,645 167,966 175,211 177,870 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

Based on: 10-Q (reporting date: 2026-08-02), 10-Q (reporting date: 2026-05-03), 10-Q (reporting date: 2026-02-01), 10-K (reporting date: 2025-11-02), 10-Q (reporting date: 2025-08-03), 10-Q (reporting date: 2025-05-04), 10-Q (reporting date: 2025-02-02), 10-K (reporting date: 2024-11-03), 10-Q (reporting date: 2024-08-04), 10-Q (reporting date: 2024-05-05), 10-Q (reporting date: 2024-02-04), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-Q (reporting date: 2020-02-02).


A significant structural shift in the balance sheet is evident beginning in February 2024, marked by a substantial expansion in both total liabilities and stockholders' equity. Prior to this period, the financial position remained relatively stable, with total liabilities and equity fluctuating between 71 billion and 81 billion US dollars. Following the February 2024 pivot, total liabilities and equity surged to a peak of 177.9 billion US dollars, reflecting a major capital event or acquisition that fundamentally altered the company's scale.

Liability Trends and Composition
Current liabilities remained consistent between 6.2 billion and 7.5 billion US dollars from 2020 through late 2023. A sharp increase occurred on February 4, 2024, where current liabilities rose to 20.4 billion US dollars, primarily driven by a spike in other current liabilities from 3.6 billion to 15.3 billion US dollars. While these figures moderated slightly, they remained elevated above 16 billion US dollars through August 2026.
Long-term debt exhibited a similar pattern, holding steady around 38 billion to 42 billion US dollars until February 2024, when it peaked at 73.5 billion US dollars. A gradual deleveraging trend is observed thereafter, with long-term debt declining to 57.2 billion US dollars by August 2, 2026, indicating a systematic reduction of long-term obligations following the 2024 expansion.
Equity and Capitalization Analysis
Stockholders' equity experienced a dramatic increase in February 2024, jumping from 24 billion US dollars in late 2023 to 70.3 billion US dollars. This growth was predominantly fueled by an increase in additional paid-in capital, which rose from approximately 21.1 billion US dollars to 70.1 billion US dollars during the same window, suggesting a significant issuance of equity.
Retained earnings showed considerable volatility, including a dip into a deficit of 1.9 billion US dollars in November 2024. However, a strong recovery followed, with retained earnings growing aggressively to reach 22.2 billion US dollars by August 2, 2026. This upward trajectory in the later periods suggests a transition toward strong organic profit retention.
Overall Solvency and Leverage Patterns
The ratio of total liabilities to stockholders' equity shifted noticeably. In the pre-2024 period, liabilities were roughly double the equity. Post-2024, despite the increase in total debt, the massive expansion of the equity base provided a more balanced capital structure. By August 2, 2026, total liabilities stood at 88.5 billion US dollars against stockholders' equity of 99.7 billion US dollars, marking a transition to an equity-heavy balance sheet.

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