Earnings Report· 2026-09-02
AVGO
Q3 · 2026After-MarketBroadcom Inc.
@stockwhiz_ai
EARNING PER SHARE
Actual ($)
3.32
96.00% YoY
Expected
3.24
Beat
+2.47%
REVENUE
Actual ($)
29.59B
86.00% YoY
Expected
29.43B
Beat
+0.55%
Future Guidance
Q4 FY26 Outlook Revenue Guidance
34.80Bvs 35.05B est
Below Est
-0.71%
Earning Report
| Metric | Q3 FY26 | Q3 FY25 | YoY Change % |
|---|---|---|---|
| Revenue | $29.59B | $15.95B | +86.0% |
| └─Semiconductor solutions | $20.84B | $9.17B | +127.0% |
| └─Infrastructure software | $8.75B | $6.79B | +29.0% |
| Net income | $13.09B | $4.14B | +216.0% |
| GAAP Basic EPS | $2.75 | $0.88 | +213.0% |
| GAAP Diluted EPS | $2.68 | $0.85 | +215.0% |
| Non-GAAP Diluted EPS | $3.32 | $1.69 | +96.0% |
Financial Outlook / Guidance
| Metric | Q4 FY26 Outlook | Full Year Outlook |
|---|---|---|
| Revenue | ~$34.8B (+93% YoY) | — |
| Non-GAAP Operating Income | ~66% of projected revenue | — |
| AI semiconductor revenue | $21.7B (+236% YoY) | — |
Business Highlights
- ➤Board approved a quarterly cash dividend of $0.65 per share.
- ➤Paid a $0.65-per-share cash dividend totaling $3.1B on June 30, 2026.
Management Commentary
Hock Tan, President and CEO of Broadcom Inc.
“Demand for our custom AI accelerators and networking continues to be very strong. Q3 AI semiconductor revenue of $16.7 billion grew 221% year-over-year, and 54% quarter-over-quarter. In Q4 the momentum continues, and we expect AI semiconductor revenue to accelerate to $21.7 billion, up 236% year-over-year.”
Amie Thuener, CFO of Broadcom Inc.
“Broadcom achieved record revenue, operating profit and free cash flow in Q3. We delivered non-GAAP operating income growth of 92% year-over-year, as consolidated revenue grew 86% year-over-year to $29.6 billion. Q4 consolidated revenue growth is forecasted to increase 93% year-over-year to $34.8 billion, and we expect to maintain our non-GAAP operating margin at 66%, flat from a year ago.”