← Broadcom Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total cost of revenue | $9.1b | $10.1b | $10.1b | $10.4b | $10.6b | $11.1b | $11.1b | $19.1b | $20.6b | |
| Research and development | $3.3b | $3.8b | $4.7b | $5.0b | $4.9b | $4.9b | $5.3b | $9.3b | $11.0b | |
| Selling, general and administrative | $789.0m | $1.1b | $1.7b | $1.9b | $1.3b | $1.4b | $1.6b | $5.0b | $4.2b | |
| Total operating expenses | $6.1b | $5.6b | $9.0b | $9.5b | $8.3b | $7.9b | $8.5b | $19.0b | $17.8b | |
| Operating income | $2.4b | $5.1b | $3.4b | $4.0b | $8.5b | $14.2b | $16.2b | $13.5b | $25.5b | |
| Amortization of acquisition-related intangible assets | $1.8b | $541.0m | $1.9b | $2.4b | $2.0b | $1.5b | $1.4b | $3.2b | $2.0b | |
| Restructuring charges | $19.0m | $20.0m | $77.0m | $35.0m | $17.0m | $5.0m | $4.0m | $254.0m | $76.0m | |
| Gross margin | $8.5b | $10.7b | $12.5b | $13.5b | $16.8b | $22.1b | $24.7b | $32.5b | $43.3b | |
| Restructuring and other charges | $161.0m | $219.0m | $736.0m | $198.0m | $148.0m | $57.0m | $244.0m | $1.5b | $591.0m | |
| Other income, net | $74.0m | $144.0m | $226.0m | $206.0m | $131.0m | ($54.0m) | $512.0m | $406.0m | $455.0m | |
| Income from continuing operations before income taxes | $1.8b | $4.5b | $2.2b | $2.4b | $6.8b | $12.4b | $15.1b | $9.9b | $22.7b | |
| Provision for income taxes | $35.0m | ($8.1b) | ($510.0m) | ($518.0m) | $29.0m | $939.0m | $1.0b | $3.7b | ($397.0m) | |
| Income from continuing operations | $1.8b | $12.6b | $2.7b | $3.0b | $6.7b | $11.5b | $14.1b | $6.2b | $23.1b | |
| Loss from discontinued operations, net of income taxes | ($6.0m) | ($19.0m) | ($12.0m) | ($1.0m) | $0 | $0 | $0 | ($273.0m) | $0 | |
| Total net revenue | $17.6b | $20.8b | $22.6b | $23.9b | $27.4b | $33.2b | $35.8b | $51.6b | $63.9b | |
| Net income | $1.8b | $12.6b | $2.7b | $3.0b | $6.7b | $11.5b | $14.1b | $5.9b | $23.1b | |
| Net income per share | $4 | $28 | $6 | $6 | $15 | $27 | $34 | $1 | $5 | |
| Basic | $0.44 | $3.02 | $0.68 | $0.74 | $1.64 | $2.81 | $3.39 | $1.27 | $4.91 | |
| Diluted | $0.42 | $2.93 | $0.65 | $0.70 | $1.57 | $2.72 | $3.30 | $1.23 | $4.77 | |
| Cost of products sold | $6.5b | $6.9b | $6.2b | $5.9b | $6.6b | $7.6b | $8.6b | $9.8b | $12.1b | |
| Cost of subscriptions and services | $44.0m | $97.0m | $515.0m | $626.0m | $607.0m | $627.0m | $636.0m | $3.0b | $2.4b | |
| Interest expense | ($454.0m) | ($628.0m) | ($1.4b) | ($1.8b) | ($1.9b) | ($1.7b) | ($1.6b) | ($4.0b) | ($3.2b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.