Broadcom — Sep 2, 2026 release

Q3 AI semiconductor revenue of $16.7 billion grew 221% year-over-year, and 54% quarter-over-quarter,” said Hock Tan, President and CEO of Broadcom Inc. “In Q4 the momentum continues, and we expect AI semiconductor revenue to accelerate to $21.7 billion, up 236% year-over-year.” “Broadcom achieved record revenue, operating profit and free cash flow in Q3. We delivered non-GAAP operating income growth of 92% year-over-year, as consolidated revenue grew 86% year-over-year to $29.6 billion,” said Amie Thuener, CFO of Broadcom Inc. “Q4 consolidated revenue growth is forecasted to increase 93% year-over-year to $34.8 billion, and we expect to maintain our non-GAAP operating margin at 66%, flat from a year ago.” ________________________________ (1) The Company is not readily able to provide a reconciliation of projected non-GAAP financial measures presented to the relevant projected GAAP measures without unreasonable effort. 1 Third Quarter Fiscal Year 2026 Financial Highlights GAAP Non-GAAP (Dollars in millions, except per share data) Q3 26 Q3 25 Change Q3 26 Q3 25 Change Net revenue $ 29,591  $ 15,952  +86 % $ 29,591  $ 15,952  +86 % Operating income $ 15,955  $ 5,887  +171 % $ 20,095  $ 10,455  +92 % Net income $ 13,088  $ 4,140  +216 % $ 16,372  $ 8,404  +95 % Earnings per common share - diluted $ 2.68  $ 0.85  +215 % $ 3.32  $ 1.69  +96 % (Dollars in millions) Q3 26 Q3 25 Change Cash flow from operations $ 14,197  $ 7,166  +98 % Free cash flow $ 13,665