Filing Flows › Broadcom (AVGO) › Q4 FY25
Broadcom (AVGO) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Dec 18, 2025
Broadcom (AVGO) reported revenue of $18.0B for the fourth quarter fiscal 2025 (Q4 FY25), +28% from a year earlier and +13% from the quarter before. Operating margin was 41.7%, net earnings $8.5B (47.3% of revenue).
Broadcom, Q4 FY25: revenue $18.0B (+28% year over year), operating margin 41.7%, net earnings $8.5B, operating cash flow $7.7B. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.0B | +13% | +28% |
| Gross profit | $12.2B | +14% | +36% |
| Operating profit | $7.5B | +28% | +62% |
| Net earnings | $8.5B | +106% | +97% |
| Operating cash flow | $7.7B | +7% | +37% |
| Free cash flow | $7.5B | +6% | +36% |
What changed
Revenue was $18.0B in Q4 FY25, up 28% year over year and up 13% from the previous quarter. Semiconductor Solutions was the largest line at 61% of revenue.
Gross margin was 68.0%, up 3.9 points from Q4 FY24. Operating profit was $7.5B, a 41.7% margin (up 8.8 points year over year). Of the extra revenue versus Q4 FY24, 73% reached operating profit, above the 33% margin then. Operating expenses grew 8% against revenue growth of 28%. The fastest-growing cost line was Research & development (+33%). Net earnings were $8.5B, up 97% year over year. The effective tax rate was -24.0%.
Operating cash flow was $7.7B (up 37% year over year), 90% of net earnings. Non-cash charges added back $2.2B of depreciation and amortization and $2.2B of share-based compensation. Working capital and other items used $5.2B. Capital expenditures of $0.24B left free cash flow of $7.5B.
Questions
What was Broadcom's revenue in the fourth quarter fiscal 2025?
Broadcom (AVGO) reported revenue of $18.0B for the fourth quarter fiscal 2025 (Q4 FY25), +28% from a year earlier and +13% from the quarter before.
Was Broadcom profitable in the fourth quarter fiscal 2025?
Operating profit was $7.5B (41.7% of revenue) and net earnings $8.5B.
Source: Broadcom 10-K on SEC EDGAR.