AVGO Broadcom Inc.
Price Chart
Executive Summary
Broadcom reported strong first-quarter fiscal 2026 results with revenue of $19.3 billion, up 29% year-over-year, driven by a 106% surge in AI semiconductor revenue to $8.4 billion. The company raised second-quarter guidance to $22.0 billion (up 47% YoY) and announced a new $10 billion share repurchase program, signaling confidence in sustained growth.
Key Financial Metrics
Actionable Insight
The combination of accelerating AI revenue, record margins, and aggressive capital return suggests Broadcom is a key beneficiary of the AI infrastructure buildout. Traders should monitor Q2 AI revenue of $10.7 billion (guided) as a key validation point.
Key Facts
- Q1 revenue of $19.311 billion, up 29% YoY
- Q1 GAAP EPS of $1.50, Non-GAAP EPS of $2.05
- AI revenue reached $8.4 billion, up 106% YoY
- Q2 revenue guidance of $22.0 billion, up 47% YoY
- New $10 billion share repurchase program authorized
- Free cash flow of $8.01 billion, or 41% of revenue
Financial Impact
Revenue growth of $4.4 billion YoY with $10 billion in new capital return, reflecting strong AI-driven momentum
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Semiconductor solutions | $12.5B | +52.0% |
| Infrastructure software | $6.8B | +1.0% |
Risk Factors
- Valuation is rich at current market cap of $1488B
- Guidance depends on sustained AI demand and no major macroeconomic disruption
- Execution risk in maintaining 68% adjusted EBITDA margins at scale
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001730168-26-000011 |
| Document: avgo-20260304.htm | 0001730168-26-000011 |
| Document: 0001730168-26-000011-index-headers.html | 0001730168-26-000011 |
| Document: 0001730168-26-000011-index.html | 0001730168-26-000011 |
| Document: 0001730168-26-000011.txt | 0001730168-26-000011 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
today
|
S-4
| $405.31 awaiting T+1 | awaiting T+1 | — | $392.16 (−3.24%) |
|
Jun 9, 2026
today
|
S-4
| $402.68 awaiting T+1 | awaiting T+1 | — | $392.16 (−2.61%) |
|
Jun 7, 2026
2d ago
|
ANALYST-DOWNGRADE
| $350.64 $354.85 | ▲ +1.20% | ▲ +0.63% | $392.16 (+11.84%) |
|
Jun 4, 2026
5d ago
|
ANALYST-DOWNGRADE
| $418.91 $385.70 | ▲ +7.93% | ▲ +5.33% | $392.16 (+6.38%) |
|
Jun 3, 2026
6d ago
|
8-K
| $418.91 $385.73 | ▼ −7.92% | ▼ −5.35% | $392.16 (−6.38%) |
|
May 31, 2026
9d ago
|
ANALYST-UPGRADE
| $342.36 $352.01 | ▲ +2.82% | ▲ +2.83% | $392.16 (+14.55%) |
|
May 27, 2026
13d ago
|
Press Release
| $421.81 $426.40 | ▲ +1.09% | ▲ +0.54% | $392.16 (−7.03%) |
|
May 19, 2026
21d ago
|
Press Release
| $411.05 $417.36 | ▲ +1.53% | ▲ +0.49% | $392.16 (−4.59%) |
|
May 8, 2026
4w ago
|
ANALYST-DOWNGRADE
| $350.64 $354.85 | ▼ −1.20% | ▼ −0.63% | $392.16 (−11.84%) |
|
Apr 8, 2026
8w ago
|
144
| $354.85 $371.55 | ▲ +4.71% | ▲ +4.77% | $392.16 (+10.52%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access