Selected Financial Data
since 2009
Income Statement
Broadcom Inc., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Net revenue | Operating income (loss) | Net income (loss) |
|---|---|---|---|
| Nov 2, 2025 | 63,887) | 25,484) | 23,126) |
| Nov 3, 2024 | 51,574) | 13,463) | 5,895) |
| Oct 29, 2023 | 35,819) | 16,207) | 14,082) |
| Oct 30, 2022 | 33,203) | 14,225) | 11,495) |
| Oct 31, 2021 | 27,450) | 8,519) | 6,736) |
| Nov 1, 2020 | 23,888) | 4,014) | 2,960) |
| Nov 3, 2019 | 22,597) | 3,444) | 2,724) |
| Nov 4, 2018 | 20,848) | 5,135) | 12,259) |
| Oct 29, 2017 | 17,636) | 2,383) | 1,692) |
| Oct 30, 2016 | 13,240) | (409) | (1,739) |
| Nov 1, 2015 | 6,824) | 1,632) | 1,364) |
| Nov 2, 2014 | 4,269) | 438) | 263) |
| Nov 3, 2013 | 2,520) | 552) | 552) |
| Oct 28, 2012 | 2,364) | 582) | 563) |
| Oct 30, 2011 | 2,336) | 584) | 552) |
| Oct 31, 2010 | 2,093) | 466) | 415) |
| Nov 1, 2009 | 1,484) | 48) | (44) |
Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).
The financial data reveals significant growth and fluctuations over the period analyzed.
- Net Revenue
-
A steady increase in net revenue is observed throughout the years. Starting at $1,484 million, revenue grew notably to $6,3887 million by the end of the period. There is a clear upward trajectory, with accelerated growth particularly evident after 2015. The jump from $13,240 million in 2016 to $17,636 million in 2017 and further to $51,574 million by 2024 suggests expanding market presence or successful product/service strategies. Despite some year-on-year variability, the overall trend indicates strong and sustained revenue growth.
- Operating Income (Loss)
-
The operating income demonstrates notable volatility despite an overall upward trend. Early years show modest positive figures with some fluctuations, including a significant loss in 2016 (-$409 million). Post-2016, operating income recovers strongly, reaching a peak of $16,207 million in 2023 before a slight dip in 2024 and another substantial increase in 2025 to $25,484 million. These fluctuations may reflect changes in operating efficiency, investment, or cost structures. The positive trend in operating income aligns generally with revenue expansion but indicates periods of operational challenges or strategic investments impacting profitability.
- Net Income (Loss)
-
Net income reveals more pronounced volatility compared to revenue. The company experienced losses in two years, notably in 2009 (-$44 million) and a substantial net loss in 2016 (-$1,739 million). Despite these downturns, net income rebounds significantly in subsequent years, peaking at $14,082 million in 2023. The fluctuations suggest varying impacts from non-operating factors such as taxes, interest, or extraordinary items. The sharp recovery after net losses indicates successful adjustments or favorable conditions leading to improved bottom-line performance.
Overall, the data indicates strong growth in revenue coupled with increased but volatile profitability metrics. Operating income and net income losses during specific periods point to challenges that were later addressed successfully, leading to improved financial outcomes. The general trend toward higher revenues and profits supports a positive long-term financial trajectory.
Balance Sheet: Assets
Broadcom Inc., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Nov 2, 2025 | 31,573) | 171,092) |
| Nov 3, 2024 | 19,595) | 165,645) |
| Oct 29, 2023 | 20,847) | 72,861) |
| Oct 30, 2022 | 18,504) | 73,249) |
| Oct 31, 2021 | 16,586) | 75,570) |
| Nov 1, 2020 | 11,895) | 75,933) |
| Nov 3, 2019 | 9,917) | 67,493) |
| Nov 4, 2018 | 9,107) | 50,124) |
| Oct 29, 2017 | 15,823) | 54,418) |
| Oct 30, 2016 | 7,125) | 49,966) |
| Nov 1, 2015 | 3,775) | 10,592) |
| Nov 2, 2014 | 3,835) | 10,491) |
| Nov 3, 2013 | 1,818) | 3,415) |
| Oct 28, 2012 | 1,691) | 2,862) |
| Oct 30, 2011 | 1,393) | 2,446) |
| Oct 31, 2010 | 1,087) | 2,157) |
| Nov 1, 2009 | 864) | 1,970) |
Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).
The analysis of Broadcom Inc.'s annual financial data reveals distinct trends in both current assets and total assets over the examined period.
- Current Assets
- Current assets exhibited consistent growth from 2009 to 2017, increasing from 864 million USD to 15,823 million USD. A notable spike occurred between 2015 and 2017, nearly doubling from 3,775 million USD to 15,823 million USD. Following this peak, there was a significant decline in 2018 to 9,107 million USD, after which current assets resumed an upward trajectory, reaching a high of 20,847 million USD by 2023. A slight decrease to 19,595 million USD was observed in 2024, followed by another significant rise to 31,573 million USD in 2025. Overall, the data illustrates substantial expansion with occasional volatility, reflecting possible strategic asset reallocations or operational shifts.
- Total Assets
- Total assets increased steadily from 1,970 million USD in 2009 to 3,415 million USD in 2013. Subsequently, there was an exceptional surge to 10,491 million USD in 2014, maintained through 2015. A dramatic increase occurred in 2016, where total assets rose sharply to 49,966 million USD, followed by continued growth to a peak of 75,933 million USD in 2020. Starting in 2021, total assets displayed slight volatility, declining marginally to 73,249 million USD in 2022 and 72,861 million USD in 2023. However, a substantial leap to 165,645 million USD in 2024 and a further increase to 171,092 million USD in 2025 marked the most pronounced growth periods, suggesting significant acquisitions, investments, or capital infusions during these years.
In summary, both current and total assets demonstrate strong growth trends, with particularly pronounced expansions occurring in the mid-2010s and early 2020s. The pronounced asset increases, especially between 2015-2017 and 2023-2025, potentially indicate strategic business developments such as mergers, acquisitions, or capital investments. Some periods reflect volatility, particularly in current assets, which might be related to operational adjustments or changes in liquidity management. These trends underscore an overall substantial growth trajectory in asset base over the analyzed timeframe.
Balance Sheet: Liabilities and Stockholders’ Equity
Broadcom Inc., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total liabilities | Long-term debt, including current portion | Stockholders’ equity | |
|---|---|---|---|---|
| Nov 2, 2025 | 18,514) | 89,800) | 65,136) | 81,292) |
| Nov 3, 2024 | 16,697) | 97,967) | 67,566) | 67,678) |
| Oct 29, 2023 | 7,405) | 48,873) | 39,229) | 23,988) |
| Oct 30, 2022 | 7,052) | 50,540) | 39,515) | 22,709) |
| Oct 31, 2021 | 6,281) | 50,581) | 39,730) | 24,962) |
| Nov 1, 2020 | 6,371) | 52,032) | 41,062) | 23,874) |
| Nov 3, 2019 | 6,899) | 42,523) | 32,798) | 24,941) |
| Nov 4, 2018 | 2,338) | 23,467) | 17,493) | 26,657) |
| Oct 29, 2017 | 2,529) | 31,232) | 17,548) | 20,285) |
| Oct 30, 2016 | 3,078) | 28,090) | 13,642) | 18,892) |
| Nov 1, 2015 | 1,119) | 5,878) | 3,949) | 4,714) |
| Nov 2, 2014 | 1,016) | 7,248) | 5,509) | 3,243) |
| Nov 3, 2013 | 423) | 529) | —) | 2,886) |
| Oct 28, 2012 | 346) | 443) | —) | 2,419) |
| Oct 30, 2011 | 350) | 440) | —) | 2,006) |
| Oct 31, 2010 | 565) | 652) | 230) | 1,505) |
| Nov 1, 2009 | 633) | 930) | 594) | 1,040) |
Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).
The analysis of the financial data reveals several key trends in the company's liabilities, long-term debt, and stockholders' equity over the observed period.
- Current Liabilities
- Current liabilities exhibited fluctuations over time, starting at US$633 million in 2009 and experiencing a general upward trend with some volatility. The value remained relatively moderate until 2015, after which it saw a sharp increase, particularly from 2016 onwards. By 2025, current liabilities reached US$18,514 million, indicating a significant rise in short-term obligations.
- Total Liabilities
- Total liabilities followed a pattern similar to current liabilities but with more pronounced increases. From US$930 million in 2009, total liabilities remained somewhat stable in the early years but escalated dramatically starting in 2014. Peak figures were observed around 2024, approaching nearly US$98,000 million, before slightly decreasing to US$89,800 million in 2025. This suggests substantial growth in the company's overall obligations, especially long-term commitments.
- Long-term Debt, Including Current Portion
- Long-term debt data is partly missing in the early years but available figures show substantial amounts from 2014 onward. Starting at US$5,509 million in 2014, long-term debt consistently increased, reaching a peak of US$67,566 million in 2024 before a slight decline to US$65,136 million in 2025. This trend indicates a growing reliance on long-term borrowing to finance operations or expansions, which correlates with the rise in total liabilities.
- Stockholders’ Equity
- Stockholders' equity increased steadily from US$1,040 million in 2009 up to US$4,714 million in 2015. From 2016, equity grew significantly, peaking in 2025 at US$81,292 million. Despite some decreases in certain years (e.g., a dip from 2019 to 2022), the overall trajectory is upward. The substantial increase in equity alongside liabilities suggests enhanced capitalization and possibly retained earnings or additional equity financing reflected in the company's financial structure.
Overall, the data depicts a company that has experienced rapid growth in both liabilities and equity over the years. The marked increase in long-term debt and total liabilities suggests an aggressive expansion or acquisition strategy financed through borrowing. Meanwhile, the rise in stockholders' equity indicates improved net assets, potentially balancing the financial risk associated with higher leverage.
Cash Flow Statement
Broadcom Inc., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by operating activities | Net cash used in investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Nov 2, 2025 | 27,537) | (580) | (20,127) |
| Nov 3, 2024 | 19,962) | (23,070) | (1,733) |
| Oct 29, 2023 | 18,085) | (689) | (15,623) |
| Oct 30, 2022 | 16,736) | (667) | (15,816) |
| Oct 31, 2021 | 13,764) | (245) | (8,974) |
| Nov 1, 2020 | 12,061) | (11,109) | 1,611) |
| Nov 3, 2019 | 9,697) | (15,422) | 6,488) |
| Nov 4, 2018 | 8,880) | (4,674) | (11,118) |
| Oct 29, 2017 | 6,551) | (674) | 2,230) |
| Oct 30, 2016 | 3,411) | (9,840) | 7,704) |
| Nov 1, 2015 | 2,318) | (241) | (1,859) |
| Nov 2, 2014 | 1,175) | (5,885) | 5,329) |
| Nov 3, 2013 | 722) | (652) | (169) |
| Oct 28, 2012 | 693) | (244) | (194) |
| Oct 30, 2011 | 726) | (122) | (336) |
| Oct 31, 2010 | 510) | (86) | (335) |
| Nov 1, 2009 | 139) | (63) | 183) |
Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).
The analysis of the annual cash flow data reveals several notable trends in operating, investing, and financing activities over the observed period.
- Operating Activities
- Net cash provided by operating activities shows a consistent upward trend throughout the years. Starting from a modest amount in 2009, the cash flow from operations increased steadily, reaching a peak in 2025. This indicates growing operational efficiency or expansion in core business activities, resulting in improved cash generation capabilities over time.
- Investing Activities
- Net cash used in investing activities fluctuates with significant variability. Early years exhibit smaller levels of cash outflow, but notable spikes occur in 2014 and 2016, corresponding to substantial investments or asset acquisitions. The cash outflow peaks dramatically in 2024, suggesting either a major acquisition or capital expenditure. However, some years show reduced investing outflows, indicating periods of lower capital spending or asset sales. The significant negative values in several years suggest a focus on growth through investments in long-term assets.
- Financing Activities
- The cash flows from financing activities are highly volatile across the timeline. There are years with positive cash flows such as 2009, 2014, and 2016, indicating inflows from borrowing, equity issuance, or other financing sources. Conversely, multiple years show large negative cash flows, particularly in 2018 through 2020 and toward the end of the period in 2025, reflecting debt repayments, dividend payments, share buybacks, or other financing outflows. This pattern suggests an active management of the company’s capital structure with periods of both raising capital and returning funds to shareholders or paying down obligations.
Overall, the financial activity portrays a company that consistently generates increasing cash from operations, invests significantly in its assets with varying intensity, and actively manages its financing, exhibiting a dynamic approach to capital management.
Per Share Data
Broadcom Inc., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Nov 2, 2025 | 4.91 | 4.77 | 2.36 |
| Nov 3, 2024 | 1.27 | 1.23 | 2.11 |
| Oct 29, 2023 | 3.39 | 3.30 | 1.84 |
| Oct 30, 2022 | 2.74 | 2.65 | 1.64 |
| Oct 31, 2021 | 1.57 | 1.50 | 1.44 |
| Nov 1, 2020 | 0.66 | 0.63 | 1.30 |
| Nov 3, 2019 | 0.68 | 0.64 | 1.06 |
| Nov 4, 2018 | 2.93 | 2.84 | 0.70 |
| Oct 29, 2017 | 0.42 | 0.40 | 0.41 |
| Oct 30, 2016 | -0.48 | -0.49 | 0.19 |
| Nov 1, 2015 | 0.52 | 0.49 | 0.16 |
| Nov 2, 2014 | 0.11 | 0.10 | 0.11 |
| Nov 3, 2013 | 0.22 | 0.22 | 0.08 |
| Oct 28, 2012 | 0.23 | 0.23 | 0.06 |
| Oct 30, 2011 | 0.23 | 0.22 | 0.04 |
| Oct 31, 2010 | 0.17 | 0.17 | 0.00 |
| Nov 1, 2009 | -0.02 | -0.02 | 0.00 |
Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).
1, 2, 3 Data adjusted for splits and stock dividends.
- Basic Earnings Per Share (EPS)
- The basic earnings per share exhibit considerable fluctuations throughout the observed periods. Initially, there is a negative value of -0.02, followed by a general upward trend reaching a peak of 0.52 in the fiscal year 2015. Subsequently, the EPS sharply declines to -0.48 in 2016, indicating a substantial decrease in profitability during that year. After this downturn, the EPS recovers robustly, reaching 2.93 in 2018. Despite some variability in the following years, the overall trend after 2016 is positive, culminating in a high value of 4.91 in the fiscal year 2025. The data indicates periods of volatility but a strong long-term improvement in profitability per share.
- Diluted Earnings Per Share (EPS)
- The diluted earnings per share follow a similar pattern to the basic EPS, affirming the consistency between these two indicators. Beginning with slight negative values, diluted EPS increases steadily up to 0.49 in 2015 before dropping sharply to -0.49 in 2016. Thereafter, a recovery trend is evident, with diluted EPS reaching 2.84 in 2018 and showing continued growth with minor fluctuations. The highest value, 4.77, is recorded in 2025. This pattern supports the interpretation of resilience and recovery following a temporary period of diminished earnings.
- Dividend Per Share
- The dividend per share shows a clear and steady upward trend over the entire timeline, starting at a low base of 0.04 in 2011. From that point forward, dividends increase almost every year, rising to 2.36 in 2025. This trend reflects a progressive dividend policy, suggesting a commitment to returning value to shareholders and possibly reflecting increasing earnings and cash flow stability in later years.
- Overall Insights
- The financial data depicts a company that has experienced earnings volatility, especially notable around 2015-2016, but which has demonstrated significant recovery and growth in both basic and diluted earnings per share since then. Concurrently, the consistent increase in dividends per share implies enhanced confidence in sustainable cash generation and an improving financial position to support shareholder returns. The earnings recovery coupled with rising dividends suggests strengthened operational performance and a favorable outlook in the most recent years.