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← Research LibraryAVGOBroadcom Inc. · FY2025 10-K · figures checked against SEC

VMware and AI infrastructure are scaling cash flow, but leverage and concentration matter.

AnalystBook Intelligence · FY2025 10-K✓ Figures checked against SEC
  • Growth — +24% revenue to $63.9BOK
  • Profitability — $25.5B operating income; 39.9% marginOK
  • Cash quality — $26.9B FCF, up 39%OK
  • Balance sheet — $16.2B cash vs $62.0B long-term debtNote
  • Accounting — Formula-grey distress score · M/EQ clean · clean auditNote
  • AI infrastructure — Custom accelerators plus Ethernet networking stackOK

Business

Broadcom supplies semiconductor and semiconductor-based solutions plus infrastructure software. Its AI infrastructure products include custom accelerators, Ethernet switching and routing silicon, NICs, PHYs, optical components, racks, and systems, while VMware anchors the private-cloud software portfolio.

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  • ✦ What changed🔒
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Every figure in the brief links to the filing paragraph it came from, and a brief whose figures don't match SEC data is rejected before publication.

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14-day free trial, no credit card. For research purposes only; not investment advice. Based on the FY2025 10-K.

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