Broadcom Inc. (AVGO) Releases Q4 2025 Earnings: Revenue, Cash Flow & Profit Surge but EPS Miss

Broadcom Inc. (AVGO) — Q4 2025 results

Revenue for the quarter was $18.0 billion, up 28.2% year‑over‑year and slightly above the consensus revenue estimate of $17.8 billion, beating by roughly $174.0 million (about 1.0%).

Gross profit: $12.2 billion, up 36.1% year‑over‑year.

Operating profit: $7.5 billion, up 62.3% year‑over‑year.

Net income attributable to common shareholders: $8.5 billion, up 91.7% year‑over‑year.

Diluted earnings per share: $1.74, up 93.3% year‑over‑year but below the EPS estimate of $1.90 by about $0.16 (≈8.4%).

Profitability benefited from a meaningful decline in cost of sales to $5.8 billion (down 31.8% year‑over‑year), which supported wider margins and strong operating leverage during the quarter.

Cash from operating activities: $7.7 billion, up 37.5% year‑over‑year.

Purchases of property, plant and equipment (capex): $237 million, up 94.3% year‑over‑year.

Cash and cash equivalents: $16.2 billion, up 73.1% year‑over‑year.

Total liabilities: $89.8 billion, down 8.3% year‑over‑year.

Overall, Broadcom Inc. (AVGO) posted strong revenue and cash‑flow growth with dramatic profit gains and balance sheet improvement; the one notable caveat was that reported diluted EPS trailed the consensus estimate despite the revenue beat.

Broadcom Inc. Insider Trading Activity

Broadcom Inc. insiders have traded $AVGO stock on the open market 105 times in the past 6 months. Of those trades, 3 have been purchases and 102 have been sales.

Here’s a breakdown of recent trading of $AVGO stock by insiders over the last 6 months:

HENRY SAMUELI has made 0 purchases and 23 sales selling 1,163,011 shares for an estimated $378,655,313.
HOCK E TAN (President and CEO) has made 0 purchases and 6 sales selling 445,912 shares for an estimated $134,838,216.
MARK DAVID BRAZEAL (Chief Legal & Corp Affairs Ofc) has made 0 purchases and 26 sales selling 127,204 shares for an estimated $35,361,686.
KIRSTEN M. SPEARS (CFO & Chief Accounting Officer) has made 0 purchases and 21 sales selling 104,979 shares for an estimated $28,017,294.
CHARLIE B KAWWAS (President, Semi Solutions Grp) has made 0 purchases and 19 sales selling 6,397 shares for an estimated $2,256,459.
JUSTINE PAGE has made 0 purchases and 6 sales selling 4,800 shares for an estimated $1,498,720.
HARRY L. YOU has made 3 purchases buying 3,550 shares for an estimated $1,227,870 and 0 sales.
GAYLA J DELLY sold 3,000 shares for an estimated $795,390

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Broadcom Inc. Hedge Fund Activity

We have seen 2,093 institutional investors add shares of Broadcom Inc. stock to their portfolio, and 1,944 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 31,423,170 shares (+78.8%) to their portfolio in Q3 2025, for an estimated $10,366,818,014
CAPITAL WORLD INVESTORS removed 12,713,939 shares (-8.6%) from their portfolio in Q3 2025, for an estimated $4,194,455,615
WELLINGTON MANAGEMENT GROUP LLP removed 10,906,362 shares (-19.0%) from their portfolio in Q3 2025, for an estimated $3,598,117,887
NORGES BANK removed 5,462,267 shares (-7.5%) from their portfolio in Q2 2025, for an estimated $1,505,673,898
BNP PARIBAS FINANCIAL MARKETS removed 5,416,301 shares (-47.9%) from their portfolio in Q3 2025, for an estimated $1,786,891,862
BANK OF AMERICA CORP /DE/ removed 5,123,905 shares (-7.6%) from their portfolio in Q3 2025, for an estimated $1,690,427,498
PRICE T ROWE ASSOCIATES INC /MD/ added 4,904,436 shares (+6.3%) to their portfolio in Q3 2025, for an estimated $1,618,022,480

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Broadcom Inc. Government Contracts

We have seen $66,187,579 of award payments to $AVGO over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

NEW 66 MONTH OPEN-MARKET CONTRACT FOR RENEWAL OF CA SOFTWARE, SUPPORT SERVICES, AND MAINTENANCE. CA PROPRIE...: $41,249,999
CA SOFTWARE MAINTENANCE: $21,091,011
BROADCOM TECHNICAL SUPPORT SERVICES INDEFINITE DELIVERY/INDEFINITE QUANTITY (IDIQ) CONTRACT - TASK ORDER F...: $3,629,376
BROADCOM TECHNICAL SUPPORT SERVICES INDEFINITE DELIVERY/INDEFINITE QUANTITY (IDIQ) CONTRACT - TASK ORDER F...: $170,880
MITEL MIVOICE BUSINESS PHONE UPGRADE PROJECT FOR WAPATO, WA: $46,312

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

Broadcom Inc. Congressional Stock Trading

Members of Congress have traded $AVGO stock 20 times in the past 6 months. Of those trades, 14 have been purchases and 6 have been sales.

Here’s a breakdown of recent trading of $AVGO stock by members of Congress over the last 6 months:

REPRESENTATIVE LISA C. MCCLAIN has traded it 4 times. They made 2 purchases worth up to $30,000 on 10/30, 06/17 and 2 sales worth up to $30,000 on 10/31, 10/30.
REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 10/17.
REPRESENTATIVE JARED MOSKOWITZ has traded it 3 times. They made 3 purchases worth up to $80,000 on 10/10 and 0 sales.
REPRESENTATIVE VAL T. HOYLE sold up to $50,000 on 09/23.
REPRESENTATIVE CLEO FIELDS has traded it 6 times. They made 6 purchases worth up to $315,000 on 09/17, 08/15, 08/13, 07/29, 07/18 and 0 sales.
SENATOR SHELLEY MOORE CAPITO sold up to $15,000 on 07/18.
REPRESENTATIVE RITCHIE TORRES sold up to $15,000 on 07/11.
REPRESENTATIVE JAMES COMER sold up to $15,000 on 07/03.
REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 06/25.
REPRESENTATIVE NANCY PELOSI purchased up to $5,000,000 on 06/20.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Broadcom Inc. Analyst Ratings

Wall Street analysts have issued reports on $AVGO in the last several months. We have seen 13 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Rosenblatt issued a "Buy" rating on 12/09/2025
B of A Securities issued a "Buy" rating on 12/01/2025
Morgan Stanley issued a "Overweight" rating on 12/01/2025
UBS issued a "Buy" rating on 12/01/2025
Goldman Sachs issued a "Buy" rating on 11/26/2025
Mizuho issued a "Outperform" rating on 10/21/2025
Citigroup issued a "Buy" rating on 10/14/2025

To track analyst ratings and price targets for Broadcom Inc., check out Quiver Quantitative's $AVGO forecast page.

Broadcom Inc. Price Targets

Multiple analysts have issued price targets for $AVGO recently. We have seen 21 analysts offer price targets for $AVGO in the last 6 months, with a median target of $420.0.

Here are some recent targets:

Kevin Cassidy from Rosenblatt set a target price of $440.0 on 12/09/2025
Rick Schafer from Oppenheimer set a target price of $435.0 on 12/05/2025
Christopher Rolland from Susquehanna set a target price of $450.0 on 12/04/2025
Joseph Moore from Morgan Stanley set a target price of $443.0 on 12/01/2025
Vivek Arya from B of A Securities set a target price of $460.0 on 12/01/2025
Timothy Arcuri from UBS set a target price of $472.0 on 12/01/2025
James Schneider from Goldman Sachs set a target price of $435.0 on 11/26/2025