AI-generated analysis. Always verify with the original filing.
Broadcom Inc. reported strong Q1 2026 results with total net revenue of $19.31 billion, representing a 29% year-over-year increase from $14.92 billion in Q1 2025. Net income grew 34% to $7.35 billion from $5.50 billion in the prior year quarter. The semiconductor solutions segment was the primary growth driver, with revenue increasing 52% to $12.52 billion due to strong demand for custom AI accelerators and AI networking products. Infrastructure software revenue grew modestly by 1% to $6.80 billion. Operating cash flow was robust at $8.26 billion, though net cash decreased by $2.00 billion due to significant stock repurchases ($7.85 billion) and dividend payments ($3.09 billion). The company maintained strong liquidity with $14.17 billion in cash and equivalents and access to a $7.5 billion revolving credit facility.
EPS
$1.50
Revenue
$19.31B
Net Income
$7.35B
Gross Margin
68.1%
Gross Profit
$13.16B
free cash flow
$8.15B
Operating Income
$8.56B
operating margin
44.3%