Quarterly ResultJun 3, 2026, 04:27 PM
Broadcom Q2 Revenue $22.19B (+48% YoY); Guides Q3 at $29.4B
AI Summary
Broadcom Inc. reported strong second quarter fiscal year 2026 results, with revenue surging 48% year-over-year to $22,187 million, driven by a 143% increase in AI semiconductor revenue. The company also announced a quarterly cash dividend of $0.65 per share and provided optimistic guidance for the third quarter, expecting revenue to grow 84% year-over-year to approximately $29.4 billion. Free cash flow also saw significant growth, increasing 60% year-over-year.
Key Highlights
- Broadcom Q2 revenue of $22,187 million, up 48% YoY.
- Q2 GAAP net income $9,310 million; Non-GAAP net income $12,074 million.
- Q2 GAAP diluted EPS $1.91; Non-GAAP diluted EPS $2.44.
- AI semiconductor revenue reached $10.8 billion, up 143% YoY.
- Q3 FY26 revenue guidance of approximately $29.4 billion, up 84% YoY.
- Board declared a quarterly cash dividend of $0.65 per share.
- Free cash flow for Q2 was $10,262 million, up 60% YoY.
Price Impact
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