Broadcom Inc. stock research
FY2026 Q2
Broadcom (AVGO) Gross Margin & Quarterly History
Explore Broadcom Inc. (AVGO) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended May 3, 2026 · FY2026 Q2
In the current quarter, revenue increased relative to both the prior quarter and the same quarter last year, while cost of revenue rose at a slower pace. This led to higher gross profit and an improved gross margin.
- The strongest observable margin driver is the relationship between revenue and cost of revenue growth; revenue expanded at a higher rate, which increased gross profit as a share of revenue.
- Gross margin improved compared to the immediately preceding quarter and also improved compared to the same quarter one year earlier.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
69.5%
Gross profit
$15.4B
Revenue
$22.2B
Cost of revenue
$6.8B
Quarter-over-quarter change
+1.3 pts
Year-over-year change
+1.5 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Aug 3, 2025 | $16.0B | $10.7B | $5.2B | 67.1% |
| Nov 2, 2025 | $18.0B | $12.2B | $5.8B | 68.0% |
| Feb 1, 2026 | $19.3B | $13.2B | $6.2B | 68.1% |
| May 3, 2026 | $22.2B | $15.4B | $6.8B | 69.5% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Feb 1, 2026
+1.3 pts
Year-over-year change
May 4, 2025
+1.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the relationship between revenue and cost of revenue growth; revenue expanded at a higher rate, which increased gross profit as a share of revenue.
Gross margin improved compared to the immediately preceding quarter and also improved compared to the same quarter one year earlier.
The notable increase in inventory from the prior fiscal year-end, as reported in the filing, is a concrete item to monitor.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Broadcom Inc. (AVGO) | 69.5% |
| NVIDIA Corporation (NVDA) | 74.9% |
| Advanced Micro Devices, Inc. (AMD) | 52.8% |