Broadcom Inc. Website

Broadcom Inc.

NasdaqGS-AVGO

Income Statement
Nov '14
Nov '15
Oct '16
Oct '17
Nov '18
Nov '19
Nov '20
Oct '21
Oct '22
Oct '23
LTM

Total Revenues

22,597

23,888

27,450

33,203

35,819

46,815

Total Revenues % Chg.

8.4%

5.7%

14.9%

21%

7.9%

32%

Cost of Goods Sold, Total

6,723

6,518

7,162

8,256

9,272

11,829

Gross Profit

15,874

17,370

20,288

24,947

26,547

34,986

Selling General & Admin Expenses, Total

1,708

1,821

1,347

1,383

1,593

4,100

R&D Expenses

4,696

4,968

4,854

4,919

5,253

8,461

Amortization of Goodwill and Intangible Assets

5,212

6,220

5,403

4,359

3,247

7,638

Other Operating Expenses, Total

11,616

13,009

11,604

10,661

10,093

20,199

Operating Income

4,258

4,361

8,684

14,286

16,454

14,787

Interest Expense, Total

-1,444

-1,777

-1,885

-1,737

-1,622

-3,442

Interest And Investment Income

98

53

16

100

535

535

Net Interest Expenses

-1,346

-1,724

-1,869

-1,637

-1,087

-2,907

Other Non Operating Income (Expenses)

—

-18

2

16

16

-33

-42

EBT, Excl. Unusual Items

2,894

2,639

6,831

12,665

15,334

11,838

Restructuring Charges

-746

-214

-149

-55

-36

-1,220

Merger & Related Restructuring Charges

—

-110

—

—

—

-280

Gain (Loss) On Sale Of Investments

—

—

—

145

31

99

-169

11

-6

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

—

—

—

—

Asset Writedown

—

-67

-19

-16

-7

-8

-8

Legal Settlements

—

—

—

—

—

—

—

-204

-204

Other Unusual Items

—

—

—

116

—

—

—

—

EBT, Incl. Unusual Items

2,226

2,443

6,765

12,434

15,097

10,120

Income Tax Expense

-510

-518

29

939

1,015

4,633

Earnings From Continuing Operations

2,736

2,961

6,736

11,495

14,082

5,487

Earnings Of Discontinued Operations

-12

-1

—

—

—

-392

Minority Interest

—

—

—

—

—

—

—

—

Net Income

2,724

2,960

6,736

11,495

14,082

5,095

Preferred Dividend and Other Adjustments

—

—

—

—

—

29

297

299

272

—

—

Net Income to Common Incl Extra Items

2,695

2,663

6,437

11,223

14,082

5,095

Net Income to Common Excl. Extra Items

2,707

2,664

6,437

11,223

14,082

5,487

Total Shares Outstanding

3,980

4,070

4,130

4,180

4,140

4,663

Weighted Avg. Shares Outstanding

3,980

4,020

4,100

4,090

4,150

4,489

Weighted Avg. Shares Outstanding Dil

4,190

4,210

4,290

4,230

4,270

4,636

EPS

0.7

0.7

1.6

2.7

3.4

1.1

EPS Diluted

0.6

0.6

1.5

2.7

3.3

1.1

EBITDA

10,066

11,266

14,626

19,174

20,203

22,986

Effective Tax Rate

-22.9%

-21.2%

0.4%

7.6%

6.7%

45.8%