← Broadcom Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $1.8b | $12.6b | $2.7b | $3.0b | $6.7b | $11.5b | $14.1b | $5.9b | $23.1b | |
| Amortization of intangible and right-of-use assets | — | $3.6b | $5.2b | $6.3b | $5.5b | $4.5b | $3.3b | $9.4b | $8.2b | |
| Depreciation | $451.0m | $515.0m | $569.0m | $570.0m | $539.0m | $529.0m | $502.0m | $593.0m | $574.0m | |
| Deferred taxes and other non-cash taxes | ($173.0m) | ($8.3b) | ($934.0m) | ($1.1b) | ($809.0m) | ($34.0m) | ($501.0m) | $2.0b | ($4.0b) | |
| Loss on debt extinguishment | — | $0 | $28.0m | $169.0m | $198.0m | $100.0m | $0 | $157.0m | $138.0m | |
| Non-cash interest expense | $24.0m | $24.0m | $90.0m | $108.0m | $96.0m | $129.0m | $132.0m | $427.0m | $344.0m | |
| Stock-based compensation | $921.0m | $1.2b | $2.2b | $2.0b | $1.7b | $1.5b | $2.2b | $5.7b | $7.6b | |
| Other | ($40.0m) | ($45.0m) | ($36.0m) | ($69.0m) | ($42.0m) | ($17.0m) | ($12.0m) | ($63.0m) | ($84.0m) | |
| Trade accounts receivable, net | ($267.0m) | ($652.0m) | $486.0m | $981.0m | $210.0m | ($870.0m) | ($187.0m) | $2.3b | ($2.7b) | |
| Inventory | ($39.0m) | $417.0m | $250.0m | ($31.0m) | ($294.0m) | ($627.0m) | $27.0m | $150.0m | ($510.0m) | |
| Accounts payable | ($97.0m) | ($325.0m) | ($42.0m) | ($3.0m) | $243.0m | ($79.0m) | $209.0m | $121.0m | ($118.0m) | |
| Employee compensation and benefits | $109.0m | $6.0m | ($294.0m) | $217.0m | $186.0m | $136.0m | ($279.0m) | $78.0m | $300.0m | |
| Other current assets and current liabilities | ($490.0m) | $369.0m | ($283.0m) | $331.0m | ($177.0m) | $222.0m | ($628.0m) | ($5.3b) | ($1.8b) | |
| Other long-term assets and long-term liabilities | $159.0m | ($641.0m) | ($301.0m) | ($402.0m) | ($295.0m) | ($436.0m) | ($785.0m) | ($2.0b) | ($3.6b) | |
| Proceeds from sales of businesses | $10.0m | $773.0m | $957.0m | $218.0m | $45.0m | $0 | $0 | $3.5b | $300.0m | |
| Proceeds from long-term borrowings | $17.4b | $0 | $28.8b | $27.8b | $9.9b | $1.9b | $0 | $40.0b | $15.7b | |
| Shares repurchased for tax withholdings on vesting of equity awards | $0 | ($56.0m) | ($972.0m) | ($765.0m) | ($1.3b) | ($1.5b) | ($1.9b) | ($5.2b) | ($3.9b) | |
| Net cash provided by operating activities | $6.6b | $8.9b | $9.7b | $12.1b | $13.8b | $16.7b | $18.1b | $20.0b | $27.5b | |
| Purchases of property, plant and equipment | ($1.1b) | ($635.0m) | ($432.0m) | ($463.0m) | ($443.0m) | ($424.0m) | ($452.0m) | ($548.0m) | ($623.0m) | |
| Acquisitions of businesses, net of cash acquired | ($40.0m) | ($4.8b) | ($16.0b) | ($10.9b) | ($8.0m) | ($246.0m) | ($53.0m) | ($26.0b) | $0 | |
| Purchases of investments | ($207.0m) | ($249.0m) | ($5.0m) | $0 | $0 | $200.0m | $346.0m | $175.0m | $597.0m | |
| Sales of investments | $200.0m | $54.0m | $5.0m | $0 | $169.0m | $200.0m | $228.0m | $156.0m | $248.0m | |
| Net cash used in investing activities | ($674.0m) | ($4.7b) | ($15.4b) | ($11.1b) | ($245.0m) | ($667.0m) | ($689.0m) | ($23.1b) | ($580.0m) | |
| Payments on debt obligations | ($13.7b) | ($973.0m) | ($16.8b) | ($18.8b) | ($11.5b) | ($2.4b) | ($403.0m) | ($19.6b) | ($18.5b) | |
| Issuance of common stock | $257.0m | $212.0m | $253.0m | $276.0m | $170.0m | $114.0m | $122.0m | $190.0m | $221.0m | |
| Repurchases of common stock - repurchase program | $0 | ($7.3b) | ($5.4b) | $0 | $0 | ($7.0b) | ($5.8b) | ($7.2b) | ($2.5b) | |
| Payments of dividends | ($1.7b) | ($3.0b) | ($4.2b) | ($5.5b) | ($6.2b) | ($7.0b) | ($7.6b) | ($9.8b) | ($11.1b) | |
| Net cash used in financing activities | $2.2b | ($11.1b) | $6.5b | $1.6b | ($9.0b) | ($15.8b) | ($15.6b) | ($1.7b) | ($20.1b) | |
| Net change in cash and cash equivalents | $8.1b | ($6.9b) | $763.0m | $2.6b | $4.5b | $253.0m | $1.8b | ($4.8b) | $6.8b | |
| Cash and cash equivalents at beginning of period | $3.1b | $11.2b | $4.3b | $5.1b | $7.6b | $12.4b | $14.2b | $9.3b | $16.2b | |
| Cash paid for interest | $310.0m | $547.0m | $1.3b | $1.4b | $1.6b | $1.4b | $1.5b | $3.2b | $2.7b | |
| Cash paid for income taxes | $349.0m | $512.0m | $741.0m | $501.0m | $775.0m | $908.0m | $1.8b | $3.2b | $2.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.