Broadcom Income Statement

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Aug '24 Aug 4, 2024	Oct '23 Oct 29, 2023	Oct '22 Oct 30, 2022	Oct '21 Oct 31, 2021	Nov '20 Nov 1, 2020	Nov '19 Nov 3, 2019	2018 - 2014
Revenue	46,815	35,819	33,203	27,450	23,888	22,597	Upgrade
Revenue Growth (YoY)	32.04%	7.88%	20.96%	14.91%	5.71%	8.39%	Upgrade
Cost of Revenue	11,829	9,272	8,256	7,162	6,518	6,723	Upgrade
Gross Profit	34,986	26,547	24,947	20,288	17,370	15,874	Upgrade
Selling, General & Admin	4,100	1,593	1,383	1,347	1,821	1,708	Upgrade
Research & Development	8,461	5,253	4,919	4,854	4,968	4,696	Upgrade
Operating Expenses	20,199	10,093	10,661	11,604	13,009	11,616	Upgrade
Operating Income	14,787	16,454	14,286	8,684	4,361	4,258	Upgrade
Interest Expense	-3,442	-1,622	-1,737	-1,885	-1,777	-1,444	Upgrade
Interest & Investment Income	535	535	100	16	53	98	Upgrade
Other Non Operating Income (Expenses)	-42	-33	16	16	2	-18	Upgrade
EBT Excluding Unusual Items	11,838	15,334	12,665	6,831	2,639	2,894	Upgrade
Merger & Restructuring Charges	-1,500	-36	-55	-149	-324	-746	Upgrade
Gain (Loss) on Sale of Investments	-6	11	-169	99	31	145	Upgrade
Asset Writedown	-8	-8	-7	-16	-19	-67	Upgrade
Legal Settlements	-204	-204	-	-	-	-	Upgrade
Other Unusual Items	-	-	-	-	116	-	Upgrade
Pretax Income	10,120	15,097	12,434	6,765	2,443	2,226	Upgrade
Income Tax Expense	4,633	1,015	939	29	-518	-510	Upgrade
Earnings From Continuing Operations	5,487	14,082	11,495	6,736	2,961	2,736	Upgrade
Earnings From Discontinued Operations	-392	-	-	-	-1	-12	Upgrade
Net Income to Company	5,095	14,082	11,495	6,736	2,960	2,724	Upgrade
Net Income	5,095	14,082	11,495	6,736	2,960	2,724	Upgrade
Preferred Dividends & Other Adjustments	-	-	272	299	297	29	Upgrade
Net Income to Common	5,095	14,082	11,223	6,437	2,663	2,695	Upgrade
Net Income Growth	-63.39%	22.51%	70.65%	127.57%	8.66%	-77.78%	Upgrade
Shares Outstanding (Basic)	4,489	4,150	4,090	4,100	4,020	3,980	Upgrade
Shares Outstanding (Diluted)	4,636	4,270	4,230	4,290	4,210	4,190	Upgrade
Shares Change (YoY)	11.18%	0.95%	-1.40%	1.90%	0.48%	-2.78%	Upgrade
EPS (Basic)	1.13	3.39	2.74	1.57	0.66	0.68	Upgrade
EPS (Diluted)	1.10	3.30	2.65	1.50	0.63	0.64	Upgrade
EPS Growth	-66.47%	24.31%	76.87%	136.97%	-1.58%	-77.38%	Upgrade
Free Cash Flow	18,655	17,633	16,312	13,321	11,598	9,265	Upgrade
Free Cash Flow Per Share	4.02	4.13	3.86	3.11	2.75	2.21	Upgrade
Dividend Per Share	2.105	1.905	1.690	1.490	1.335	1.120	Upgrade
Dividend Growth	14.40%	12.72%	13.42%	11.61%	19.20%	41.77%	Upgrade
Gross Margin	74.73%	74.11%	75.13%	73.91%	72.71%	70.25%	Upgrade
Operating Margin	31.59%	45.94%	43.03%	31.64%	18.26%	18.84%	Upgrade
Profit Margin	10.88%	39.31%	33.80%	23.45%	11.15%	11.93%	Upgrade
Free Cash Flow Margin	39.85%	49.23%	49.13%	48.53%	48.55%	41.00%	Upgrade
EBITDA	22,986	20,203	19,174	14,626	11,266	10,066	Upgrade
EBITDA Margin	49.10%	56.40%	57.75%	53.28%	47.16%	44.55%	Upgrade
D&A For EBITDA	8,199	3,749	4,888	5,942	6,905	5,808	Upgrade
EBIT	14,787	16,454	14,286	8,684	4,361	4,258	Upgrade
EBIT Margin	31.59%	45.94%	43.03%	31.64%	18.26%	18.84%	Upgrade
Effective Tax Rate	45.78%	6.72%	7.55%	0.43%	-	-	Upgrade
Revenue as Reported	35,819	35,819	33,203	27,450	23,888	22,597	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.