Broadcom · 2026-06-03
Broadcom (AVGO) Fiscal Q2 2026 Earnings: AI Semiconductor Revenue, VMware Leverage & Stock Reaction Earnings Release Summary
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
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
Reported data
AVGO key reported figures
Revenue: $22.187B revenue, up 48% year over year
AI semiconductor revenue was $10.8B, up 143% year over year, driven by custom AI accelerators and AI networking
Profitability: adjusted EBITDA was $15.2B, representing 69% of revenue
The profit line has to be read with margin quality, cash flow, and any one-time factors.
Guidance: fiscal Q3 revenue guidance was $29.4B, with AI semiconductor revenue expected to reach $16.0B
The forward guide is the main post-earnings valuation reset.
Sources