Broadcom (AVGO) 10-K Summary — Year Ended Nov 2, 2025
Broadcom filed its annual report for the most recent fiscal year. The report indicates continued revenue growth, strong profitability, and detailed liquidity sources and requirements.
Key takeaway
Year ended Nov 2, 2025 · FY2025 10-K
Broadcom filed its annual report for the most recent fiscal year. The report indicates continued revenue growth, strong profitability, and detailed liquidity sources and requirements.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$63.9B
Revenue reported for the fiscal year.
Operating income
$25.5B
Income from operations reported for the year.
Net income
$23.1B
Net income reported for the year.
Operating cash flow
$27.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 30, 2022 | $33.2B | +21.0% |
| Oct 29, 2023 | $35.8B | +7.9% |
| Nov 3, 2024 | $51.6B | +44.0% |
| Nov 2, 2025 | $63.9B | +23.9% |
Business overview
The business overview section of the filing only lists item numbers and does not contain a narrative description of Broadcom's operations.
Financial performance
Revenue increased each year over the multi-year period shown. The reported annual operating income, net income, and operating cash flow were all at elevated levels.
Material risks
The risk factors section is referenced in the filing but no specific risk descriptions are included in the supplied context.
Liquidity and capital
Primary liquidity sources include cash, operating cash flow, and a credit facility. Key uses of cash include working capital, capital expenditures, dividends, debt service (with a portion due within a year), taxes, acquisitions, and share repurchases.
What to watch
Monitor the company's debt repayment obligations given the outstanding indebtedness and near-term maturities.