AVGO Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-02-01), AVGO reported revenue of $19.3B, gross profit of $13.2B (68.1% gross margin), operating income of $8.6B, and net income of $7.3B (38.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AVGO was profitable; revenue grew 29.5% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +29.5% | +33.5% | +1.2 pp |
| Quarter over quarter | +7.2% | −13.7% | −9.2 pp |
Consensus estimate data is not available for this report.
AVGO Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $19.3B | 100% |
| Cost of Revenue | −$4.7B | 24.2% |
| Gross Profit | $13.2B | 68.1% |
| Research & Development | −$3.0B | 15.4% |
| Selling, General & Administrative | −$1.0B | 5.3% |
| Other Operating Expenses | −$610M | 3.2% |
| Operating Income | $8.6B | 44.3% |
| Interest Expense | −$801M | 4.1% |
| Other Income, net | $433M | 2.2% |
| Income Tax Expense | −$846M | 4.4% |
| Net Income | $7.3B | 38.1% |
Source: original SEC filing (filed 2026-03-04). Accession 0001730168-26-000011. Data normalized by EarningsFyi.