AVGO Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-05-03), AVGO reported revenue of $22.2B, gross profit of $15.4B (69.5% gross margin), operating income of $10.8B, and net income of $9.3B (42.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AVGO was profitable; revenue grew 14.9% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +14.9% | +26.7% | +3.9 pp |
Consensus estimate data is not available for this report.
AVGO Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $22.2B | 100% |
| Cost of Revenue | −$6.8B | 30.5% |
| Gross Profit | $15.4B | 69.5% |
| Research & Development | −$3.0B | 13.5% |
| Selling, General & Administrative | −$1.1B | 4.8% |
| Other Operating Expenses | −$577M | 2.6% |
| Operating Income | $10.8B | 48.6% |
| Interest Expense | −$776M | 3.5% |
| Other Income, net | $118M | 0.5% |
| Income Tax Expense | −$820M | 3.7% |
| Net Income | $9.3B | 42.0% |
Source: AVGO filings on SEC EDGAR (period ended 2026-05-03). Data normalized by EarningsFyi.