AVGO Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2025-02-02), AVGO reported revenue of $14.9B, gross profit of $10.1B (68.0% gross margin), operating income of $6.3B, and net income of $5.5B (36.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AVGO was profitable; revenue grew 24.7% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +24.7% | +315.3% | +25.8 pp |
| Quarter over quarter | +6.1% | +27.3% | +6.1 pp |
Consensus estimate data is not available for this report.
AVGO Q1 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $14.9B | 100% |
| Cost of Revenue | −$4.8B | 32.0% |
| Gross Profit | $10.1B | 68.0% |
| Research & Development | −$2.3B | 15.1% |
| Selling, General & Administrative | −$949M | 6.4% |
| Other Operating Expenses | −$172M | 1.2% |
| Operating Income | $6.3B | 42.0% |
| Interest Expense | −$873M | 5.9% |
| Other Income, net | $103M | 0.7% |
| Income Tax Expense | $13M | 0.1% |
| Net Income | $5.5B | 36.9% |
Source: original SEC filing (filed 2025-03-06). Accession 0001730168-25-000009. Data normalized by EarningsFyi.