Broadcom Cash Flow Statement

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

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 2, 2025	Nov '24 Nov 3, 2024	Oct '23 Oct 29, 2023	Oct '22 Oct 30, 2022	Oct '21 Oct 31, 2021
Net Income	23,126	5,895	14,082	11,495	6,736
Depreciation & Amortization	8,775	10,010	3,835	4,984	6,041
Stock-Based Compensation	7,568	5,741	2,171	1,533	1,704
Other Operating Activities	-3,432	2,953	-360	378	-590
Change in Accounts Receivable	-2,717	2,327	-187	-870	210
Change in Inventory	-510	150	27	-627	-294
Change in Accounts Payable	-118	121	209	-79	243
Change in Other Net Operating Assets	-5,155	-7,235	-1,692	-78	-286
Operating Cash Flow	27,537	19,962	18,085	16,736	13,764
Operating Cash Flow Growth	37.95%	10.38%	8.06%	21.59%	14.12%
Capital Expenditures	-623	-548	-452	-424	-443
Cash Acquisitions	-	-25,978	-53	-246	-8
Divestitures	300	3,485	-	-	45
Investment in Securities	-349	-19	-118	-	169
Other Investing Activities	92	-10	-66	3	-8
Investing Cash Flow	-580	-23,070	-689	-667	-245
Long-Term Debt Issued	15,666	39,954	-	1,935	9,904
Long-Term Debt Repaid	-18,478	-19,608	-403	-2,361	-11,495
Net Debt Issued (Repaid)	-2,812	20,346	-403	-426	-1,591
Issuance of Common Stock	221	190	122	114	170
Repurchase of Common Stock	-6,310	-12,392	-7,685	-8,455	-1,299
Preferred Dividends Paid	-	-	-	-299	-299
Common Dividends Paid	-11,142	-9,814	-7,645	-6,733	-5,913
Dividends Paid	-11,142	-9,814	-7,645	-7,032	-6,212
Other Financing Activities	-84	-63	-12	-17	-42
Financing Cash Flow	-20,127	-1,733	-15,623	-15,816	-8,974
Net Cash Flow	6,830	-4,841	1,773	253	4,545
Free Cash Flow	26,914	19,414	17,633	16,312	13,321
Free Cash Flow Growth	38.63%	10.10%	8.10%	22.45%	14.86%
Free Cash Flow Margin	42.13%	37.64%	49.23%	49.13%	48.53%
Free Cash Flow Per Share	5.55	4.06	4.13	3.85	3.10
Cash Interest Paid	2,672	3,250	1,503	1,386	1,565
Cash Income Tax Paid	2,589	3,155	1,782	908	775
Levered Free Cash Flow	25,044	28,499	13,611	12,901	11,869
Unlevered Free Cash Flow	27,050	30,970	14,624	13,987	13,048
Change in Working Capital	-8,500	-4,637	-1,643	-1,654	-127

Updated Nov 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.