Broadcom · Q2 FY2026 · June 3, 2026
Broadcom (AVGO) Q2 FY2026 Earnings: AI Semiconductor Revenue, VMware Leverage & Stock Reaction
A structured quarterly research file based on the earnings release and cited primary documents. Consensus, transcript, Q&A, and price-reaction fields are shown only when verified data are available.
Year over year: +48%
Reported result
Reported result
Investment read
Revenue: $22.187B revenue, up 48% year over year Profitability: adjusted EBITDA was $15.2B, representing 69% of revenue The next research checkpoint is the forward guide is the main post-earnings valuation reset.
Results check
Reported results
| Metric | Reported | YoY |
|---|---|---|
| Revenue | $22.187BRevenue: $22.187B revenue, up 48% year over year Source | +48% |
| Profitability | $15.2BProfitability: adjusted EBITDA was $15.2B, representing 69% of revenue Source | — |
| Guidance | $29.4BGuidance: fiscal Q3 revenue guidance was $29.4B, with AI semiconductor revenue expected to reach $16.0B Source | — |
Investor focus
What investors are likely to focus on
Potential result drivers
- Revenue: $22.187B revenue, up 48% year over year
- Profitability: adjusted EBITDA was $15.2B, representing 69% of revenue
- Guidance: fiscal Q3 revenue guidance was $29.4B, with AI semiconductor revenue expected to reach $16.0B
Verified after-hours, next-day, and benchmark-relative price data are not stored in this record. The factors above are research considerations, not a measured attribution of the stock move.
Next quarter
What to watch next
| Indicator | Current baseline | Next check | Source |
|---|---|---|---|
| Revenue | $22.187B | AI semiconductor revenue was $10.8B, up 143% year over year, driven by custom AI accelerators and AI networking | Primary source |
| Profitability | $15.2B | The profit line has to be read with margin quality, cash flow, and any one-time factors. | Primary source |
| Guidance | $29.4B | The forward guide is the main post-earnings valuation reset. | Primary source |
Primary documents
Sources and documents
FAQ
Reader questions
What did Broadcom report for Revenue?
Revenue: $22.187B revenue, up 48% year over year
What did Broadcom report for Profitability?
Profitability: adjusted EBITDA was $15.2B, representing 69% of revenue
What did Broadcom report for Guidance?
Guidance: fiscal Q3 revenue guidance was $29.4B, with AI semiconductor revenue expected to reach $16.0B