Income Statement Research
Review the full annual statement in one scroll, from headline results to detailed SEC line items, margin conversion, and growth diagnostics.
Snapshot
Broadcom Inc.'s top line, gross profit, operating income, and bottom-line conversion. Values in USD millions.
Revenue
+23.5%Compound growth, FY2021 to FY2025
Gross profit
+26.6%Compound growth, FY2021 to FY2025
Operating Income
+31.5%Compound growth, FY2021 to FY2025
Net income
+36.1%Compound growth, FY2021 to FY2025
Headline results
Four lines, five fiscal years, straight from the filings.
Broadcom Inc. headline income statement — FY2025
Trend
The same four lines drawn across the window.
All values shown in USD millions unless noted otherwise.
Line items
The full annual income statement layer for Broadcom Inc., from revenue down to share counts.
Statement basis
USD millions, except per-share and share-count rows.
Broadcom Inc. expanded income statement — FY2025
Expanded annual statement lines sourced from the SEC EDGAR database for Broadcom Inc..
Margins
How much of Broadcom Inc.'s revenue survives through gross profit, operating income, and net income.
Gross margin
+640 bpsFY2025, versus FY2021
Operating Margin
+885 bpsFY2025, versus FY2021
Net income margin
+1166 bpsFY2025, versus FY2021
Observation window
yearsFY2021 through FY2025
Margin table
Side-by-side read of gross, operating and net margin.
Broadcom Inc. margins — FY2025
Margin trend
The shape of profitability across the window.
Margins are calculated from annual SEC facts using reported revenue as the denominator.
Year on year
Every headline line of Broadcom Inc.'s statement measured against the immediately prior period.
Revenue YoY
FY2024FY2025 versus FY2024
Gross profit YoY
FY2024FY2025 versus FY2024
Op. income YoY
FY2024FY2025 versus FY2024
Net income YoY
FY2024FY2025 versus FY2024
Year-on-year table
Contractions are tinted so slowdowns are obvious.
Broadcom Inc. year-on-year change — FY2025
Momentum
Whether the business is accelerating or rolling over.
Year-on-year change compares each annual period against the immediately prior year inside the selected window.
Compound growth
Compounded annual growth from FY2021 to FY2025, which filters out one-year noise.
Revenue CAGR
4yrFY2021 to FY2025
Gross profit CAGR
4yrFY2021 to FY2025
Op. income CAGR
4yrFY2021 to FY2025
Net income CAGR
4yrFY2021 to FY2025
Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.
Commentary
A written read of the filing-backed figures above. The statement itself remains the source of truth.
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Over the five-year period, Broadcom Inc. has generally shown strong growth in revenue and profitability, with notable year-over-year variations that suggest both robust operational performance and occasional volatility. Between 2021 and 2023, revenue increased from USD 27,450 million to USD 35,819 million, reflecting steady growth of roughly 30% overall. Gross profit followed an upward trend, rising from USD 16,844 million in 2021 to USD 24,690 million in 2023, while operating income also improved significantly—from USD 8,519 million up to USD 16,207 million. These increases indicate an effective scaling of core operations, likely driven by sustained demand in the semiconductor and technology sectors. Additionally, net income moved from USD 6,736 million to USD 14,082 million during this early period, underscoring the company’s ability to convert operational gains into bottom-line profitability. However, 2024 marked a dramatic swing compared to previous trends. Revenue surged by about 44%, reaching USD 51,574 million, and gross profit climbed by nearly 32%; yet, operating income fell approximately 16.9% from the prior year, and net income experienced a significant drop of 58% compared to 2023. This notable divergence could signal increased operational expenses, margin pressures, or one-off factors affecting net profitability. The recovery in 2025—with revenue reaching USD 63,887 million, operating income bouncing back sharply by around 89%, and net income nearly quadrupling relative to the previous year—suggests that the company successfully addressed these challenges. Overall, Broadcom’s financial health appears strong with a resilience that underpins its long-term sustainability, though the fluctuation observed in 2024 warrants careful monitoring to ensure that future swings remain controlled.
This analysis is for informational purposes only and does not constitute financial advice or a recommendation for any investment decision. Please consult a qualified financial professional for personalised guidance.
