Broadcom (AVGO) Revenue — Quarter Ended Nov 3, 2024
Revenue increased in the current quarter compared to the prior quarter. Revenue also rose sharply compared to the same quarter one year earlier.
Key takeaway
Quarter ended Nov 3, 2024 · FY2024 Q4
Revenue increased in the current quarter compared to the prior quarter. Revenue also rose sharply compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.1B
Revenue reported for this quarter.
Quarter-over-quarter
+7.5%
Change from the immediately preceding quarter.
Year-over-year
+51.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$51.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 4, 2024 | $12B | +34.2% |
| May 5, 2024 | $12.5B | +43.0% |
| Aug 4, 2024 | $13.1B | +47.3% |
| Nov 3, 2024 | $14.1B | +51.2% |
Revenue performance
The reported revenue reflects a sequential increase from the immediately preceding quarter. On a year-over-year basis, revenue was significantly higher than the same quarter last year.
Quarterly comparison
Compared to the prior quarter, revenue grew at a moderate pace. Relative to the same quarter one year ago, the increase was much larger, indicating a strong annual comparison.
What to watch
The filing notes that capital expenditures are expected to be higher in the next fiscal year, which may affect future cash flows.