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Statement
Assets, liabilities and equity aligned across the annual filing history, in USD millions.
Assets
+3.3% YoYReported for FY 2025
Liabilities
-8.3% YoYReported for FY 2025
Equity
+20.1% YoYReported for FY 2025
Equity mix
+6.7 ppEquity share of the capital base
Table view
Balance sheet, reported dollar amounts — FY 2025
Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Commentary
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated May 22, 2026. The filing-backed figures above are the current source of truth.
Broadcom’s balance sheet shows a major step-up in scale over the period, especially in 2024 and 2025. Total assets were relatively stable from 2021 to 2023, hovering around $73–76 billion, before jumping sharply to $165.6 billion in 2024 and $171.1 billion in 2025. This suggests a significant expansion, likely tied to a major acquisition and related purchase accounting effects, which is consistent with Broadcom’s history of large strategic deals in semiconductors and infrastructure software. Liabilities also rose materially alongside this expansion, from about $50.6 billion in 2021–2023 to $98.0 billion in 2024, before easing to $89.8 billion in 2025. Stockholders’ equity increased steadily across the period, but the biggest move came in 2024–2025, rising from roughly $24.0 billion in 2023 to $67.7 billion in 2024 and $81.3 billion in 2025. That indicates stronger retained capital and balance-sheet expansion, even as leverage remained meaningful. Overall, the company appears financially stronger in absolute equity terms, but with a much larger and more acquisition-driven asset base. In the semiconductor industry, this kind of balance-sheet growth is often associated with consolidation, high cash generation, and substantial use of debt financing to fund strategic transactions.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.