10-Q quarterly report · filed Jun 9, 2026

Broadcom (AVGO) Q2 2026 10-Q Quarterly Report

Short answer

Broadcom (AVGO) filed its Q2 2026 10-Q quarterly report on Jun 9, 2026 for the quarter ended May 3, 2026. Quarterly revenue was $22.2B (up 47.9% year over year) with net income of $9.3B.

Q2 2026 key financials · XBRL

Revenue
$22.2B
+47.9% YoY · +14.9% QoQ
Net income
$9.3B
+87.5% YoY · +26.7% QoQ
Operating margin
48.6%
Gross margin
69.5%
EPS (diluted)
$1.91
+85.4% YoY · +27.3% QoQ

Source: XBRL data from the Broadcom (AVGO) Q2 2026 10-Q on SEC EDGAR. USD.

Broadcom Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $22,187M, up $7,183M YoY from $15,004M
  • Operating margin 49% vs 39% YoY; gross margin 69% vs 68%
  • Products revenue $16,892M, up from $10,309M; subscriptions and services $5,295M vs $4,695M
  • Operating cash flow $10,493M; dividends $3,092M; share repurchases $600M
  • Headwinds from macroeconomic volatility, geopolitical events, supply constraints, trade tensions, and tariffs

Risk Factors

  • Newly emphasized AI infrastructure risk: customers may seek leased XPUs or AI racks, increasing credit exposure and payment-default risk
  • Regulatory risk: U.S. export restrictions and restricted-entity designations could limit sales, suppliers, and manufacturing access
  • Near-term concentration risk: distributors represented 56% of net revenue for the two fiscal quarters ended May 3, 2026
  • Supply-chain risk: TSMC produced approximately 95% of contract-manufactured wafers during the two fiscal quarters ended May 3, 2026
  • Financial risk: alternative AI financing arrangements could reduce expected revenue, free cash flow, and profitability

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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