AVGO Q4 2025 Earnings — Income Statement Breakdown
For its Q4 2025 period (ending 2025-11-02), AVGO reported revenue of $18.0B, gross profit of $12.2B (68.0% gross margin), operating income of $7.5B, and net income of $8.5B (47.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AVGO was profitable; revenue grew 28.2% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +28.2% | +97.0% | +16.5 pp |
| Quarter over quarter | +12.9% | +105.7% | +21.3 pp |
Consensus estimate data is not available for this report.
AVGO Q4 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $18.0B | 100% |
| Cost of Revenue | −$5.8B | 32.0% |
| Gross Profit | $12.2B | 68.0% |
| Research & Development | −$3.0B | 16.5% |
| Selling, General & Administrative | −$1.1B | 6.1% |
| Other Operating Expenses | −$1.7B | 9.4% |
| Operating Income | $7.5B | 41.7% |
| Interest Expense | −$761M | 4.2% |
| Other Income, net | $122M | 0.7% |
| Income Tax Expense | $1.6B | 9.2% |
| Net Income | $8.5B | 47.3% |
Source: original SEC filing (filed 2025-12-11). Accession 0001730168-25-000116. Data normalized by EarningsFyi.