AVGO Q2 2025 Earnings — Income Statement Breakdown
For its Q2 2025 period (ending 2025-05-04), AVGO reported revenue of $15.0B, gross profit of $10.2B (68.0% gross margin), operating income of $5.8B, and net income of $5.0B (33.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AVGO was profitable; revenue grew 20.2% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +20.2% | +134.1% | +16.1 pp |
| Quarter over quarter | +0.6% | −9.8% | −3.8 pp |
Consensus estimate data is not available for this report.
AVGO Q2 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $15.0B | 100% |
| Cost of Revenue | −$4.8B | 32.0% |
| Gross Profit | $10.2B | 68.0% |
| Research & Development | −$2.7B | 17.9% |
| Selling, General & Administrative | −$1.1B | 7.2% |
| Other Operating Expenses | −$592M | 3.9% |
| Operating Income | $5.8B | 38.8% |
| Interest Expense | −$769M | 5.1% |
| Other Income, net | $25M | 0.2% |
| Income Tax Expense | −$120M | 0.8% |
| Net Income | $5.0B | 33.1% |
Source: original SEC filing (filed 2025-06-05). Accession 0001730168-25-000061. Data normalized by EarningsFyi.