Filing Flows › Broadcom (AVGO) › Q3 FY26
Broadcom (AVGO) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Sep 10, 2026
Broadcom (AVGO) reported revenue of $29.6B for the third quarter fiscal 2026 (Q3 FY26), +86% from a year earlier and +33% from the quarter before. Operating margin was 53.9%, net earnings $13.1B (44.2% of revenue).
Broadcom, Q3 FY26: revenue $29.6B (+86% year over year), operating margin 53.9%, net earnings $13.1B, operating cash flow $14.2B. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.6B | +33% | +86% |
| Gross profit | $20.5B | +33% | +91% |
| Operating profit | $16.0B | +48% | +171% |
| Net earnings | $13.1B | +41% | +216% |
| Operating cash flow | $14.2B | +35% | +98% |
| Free cash flow | $13.7B | — | +95% |
What changed
Revenue was $29.6B in Q3 FY26, up 86% year over year and up 33% from the previous quarter. Products was the largest line at 82% of revenue. Products added $13.1B year over year (up 117%), 96% of the total change.
Gross margin was 69.1%, up 2.0 points from Q3 FY25. Operating profit was $16.0B, a 53.9% margin (up 17.0 points year over year). Of the extra revenue versus Q3 FY25, 74% reached operating profit, above the 37% margin then. Operating expenses fell 7% while revenue rose 86%. Net earnings were $13.1B, up 216% year over year. The effective tax rate was 14.3%.
Operating cash flow was $14.2B (up 98% year over year), 108% of net earnings. Non-cash charges added back $2.2B of depreciation and amortization and $2.0B of share-based compensation. Working capital and other items used $3.1B. After purchases of property, plant and equipment ($0.53B), free cash flow as the company reports it was $13.7B.
Questions
What was Broadcom's revenue in the third quarter fiscal 2026?
Broadcom (AVGO) reported revenue of $29.6B for the third quarter fiscal 2026 (Q3 FY26), +86% from a year earlier and +33% from the quarter before.
Was Broadcom profitable in the third quarter fiscal 2026?
Operating profit was $16.0B (53.9% of revenue) and net earnings $13.1B.
Source: Broadcom 10-Q on SEC EDGAR.