Broadcom — Sep 4, 2025 release

Announces Third Quarter Fiscal Year 2025 Financial Results and Quarterly Dividend • Revenue of $15,952 million for the third quarter, up 22 percent from the prior year period • GAAP net income of $4,140 million for the third quarter; Non-GAAP net income of $8,404 million for the third quarter • Adjusted EBITDA of $10,702 million for the third quarter, or 67 percent of revenue • GAAP diluted EPS of $0.85 for the third quarter; Non-GAAP diluted EPS of $1.69 for the third quarter • Cash from operations of $7,166 million for the third quarter, less capital expenditures of $142 million, resulted in $7,024 million of free cash flow, or 44 percent of revenue • Quarterly common stock dividend of $0.59 per share • Fourth quarter fiscal year 2025 revenue guidance of approximately $17.4 billion, an increase of 24 percent from the prior year period • Fourth quarter fiscal year 2025 Adjusted EBITDA guidance of 67 percent of projected revenue (1) PALO ALTO, Calif. – September 4, 2025 – Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its third quarter of fiscal year 2025, ended August 3, 2025, provided guidance for its fourth quarter of fiscal year 2025 and announced its quarterly dividend. “Broadcom achieved record third quarter revenue on continued strength in custom AI accelerators, networking and VMware. Q3 AI revenue growth accelerated to 63% year-over-year to $5.2 billion,” said Hock Tan, President and CEO of Broadcom Inc. “We expect growth in AI semiconductor revenue to accelerate to $6.2 billion in Q4, delivering eleven consecutive quarters of growth, as our customers continue to strongly invest.” “Consolidated revenue grew 22% year-over-year to a record $16.0 billion. Adjusted EBITDA increased 30% year-over-year to $10.7 billion reflecting strong operat