Broadcom Inc.(AVGO)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #9 of 2,879 stocksTOP 1%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
AVGO Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Broadcom Inc. (AVGO), a Technology sector company. 13F Pro's AI-powered ranking engine scores AVGO at 86.4/100 on a 32-signal composite quality model, placing it at rank #9 of 2,879 stocks — the top 1% of the AI-ranked universe. AVGO scores in the top quartile across revenue scale (98.1), earnings quality (95.0), profitability (93.4). Shareholder dilution risk is elevated at 15.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Broadcom Inc. reports quarterly revenue of $22.2B, net income of $9.3B, an operating margin of 48.6%. Top institutional holders of AVGO by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. AVGO trades on the Nasdaq exchange and files with the SEC under CIK 1730168. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AVGO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Broadcom Inc. directly from SEC EDGAR. Broadcom Inc.'s 13F Pro composite quality score has ranged between 63 and 89 since 2021, currently 86.4 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving AVGO's Business? Latest 10-Q Breakdown
✓ 18/18 datapoints verifiedAI-extracted from Broadcom Inc.'s 10-Q filed 2026-06-09 — Q2 FY2026 (quarter ended May 3, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Broadcom's Q2 revenue surged 48% YoY to $22.2B, driven by strong demand for custom AI accelerators and networking products, with semiconductor solutions revenue jumping 79% YoY.
Biggest Revenue Drivers
Total revenue: $22.2B+48% YoY
Strong demand for networking solutions, primarily custom AI accelerators and AI networking products.
Strong demand for VMware Cloud Foundation product.
Largest Expense Items
Includes cost of products sold, subscriptions/services, amortization of intangibles, and restructuring charges.
Increase primarily due to higher stock-based compensation.
Full impact of two-year equity awards granted in Q2 FY2025 with staggered vesting.
Margins: Gross margin was 69% of revenue, up slightly from 68% YoY, benefiting from strong AI product demand and revenue growth, partially offset by higher mix of lower-margin semiconductor solutions.
Watch Items from the Filing
- One semiconductor distributor customer represents 42% of Q2 revenue (up from 29% YoY); top five end customers account for ~45% of revenue, creating significant concentration risk.
- $29B maximum backstop exposure entered June 8, 2026 with investor partner Apollo for custom AI accelerator lease arrangements; increases credit/customer default risk.
- ~95% of Q2 wafers sourced from TSMC; company notes its requirements represent meaningful portion of TSMC capacity, with risk of prioritization for competitors.
- Remaining performance obligations of $164.6B as of May 3, 2026, with ~30% expected to be recognized within 12 months; includes long-term custom AI accelerator contract.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q2 2026
$22.2B
Net Income
Q2 2026
$9.3B
Free Cash Flow
Q2 2026
$10.3B
Operating Margin
Q2 2026
48.6%
D/E Ratio
Q2 2026
0.76
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+23.9% YoYNet Income
Operating Income
+89.3% YoYEPS (Diluted)
+287.8% YoYTotal Assets
+3.3% YoYTotal Debt
-3.9% YoYOp. Cash Flow
+37.9% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $63.89B +23.9% | $51.57B +44.0% | $35.82B +7.9% | $33.20B +21.0% | $27.45B +14.9% | $23.89B |
| Net Income | — | $5.89B -58.1% | $14.08B +22.5% | $11.49B | — | — |
| Operating Income | $25.48B +89.3% | $13.46B -16.9% | $16.21B +13.9% | $14.22B +67.0% | $8.52B +112.2% | $4.01B |
| EPS (Diluted) | $4.77 +287.8% | $1.23 +272.7% | $0.33 +24.5% | $0.27 -82.3% | $1.50 +137.0% | $0.63 |
| Total Assets | $171.09B +3.3% | $165.65B +127.3% | $72.86B -0.5% | $73.25B -3.1% | $75.57B -0.5% | $75.93B |
| Total Debt | $67.12B -3.9% | $69.85B +71.2% | $40.79B +2.2% | $39.92B -0.7% | $40.22B -3.1% | $41.50B |
| Operating Cash Flow | $27.54B +37.9% | $19.96B +10.4% | $18.09B +8.1% | $16.74B +21.6% | $13.76B +14.1% | $12.06B |
AI Insight: AVGO Financial Trends
Broadcom accelerated revenue growth to 22% YoY in Q2 2026, with operating margin expanding to 48.6% and operating cash flow surging 60% since Q3 2024.
• Revenue grew from $13,072M (Q3 2024) to $22,187M (Q2 2026), a 70% increase over 8 quarters with acceleration in recent quarters.
• Operating margin expanded from 29.0% (Q3 2024) to 48.6% (Q2 2026), reflecting significant operational leverage and efficiency gains.
• Operating cash flow increased from $4,963M to $10,493M, a 111% gain demonstrating strong cash generation alongside revenue growth.
• Total debt declined from $73,076M (Q3 2024) to $66,720M (Q2 2026) while equity grew 34%, improving capital structure.
⚠ Operating income peaked at $10,788M in Q2 2026; monitor for sustainability of 48%+ margins amid competitive dynamics.
AI Insight: AVGO Ratio Trends
Operating margin and ROIC surged to multi-year highs in Q2 2026, while leverage fell to its lowest level in two years.
• Operating margin expanded from 29.0% in Q3 2024 to 48.6% in Q2 2026, a 1,960 basis point swing.
• ROIC climbed from 10.9% in Q3 2024 to 28.0% in Q2 2026, demonstrating sharply improved capital efficiency.
• Debt-to-equity ratio compressed from 1.11 in Q3 2024 to 0.76 in Q2 2026, strengthening balance sheet.
⚠ OpMargin peaked at 48.6% in Q2 2026; sustainability at elevated levels depends on pricing power and cost discipline.
⚠ Sequential ROIC gains have accelerated since Q3 2025; maintain watch for any moderation or margin compression.
Get alerted when AVGO's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for Broadcom Inc. including:
Top Institutional Holders of AVGO
BlackRock, Inc.
$119.5B385,944,774 shVANGUARD CAPITAL MANAGEMENT LLC
$95.3B308,015,865 shSTATE STREET CORP
$59.2B191,380,232 shVANGUARD PORTFOLIO MANAGEMENT LLC
$39.7B128,422,947 shFMR LLC
$38.4B124,112,876 shCapital World Investors
$36.0B116,188,483 shCapital Research Global Investors
$35.9B116,025,298 shGEODE CAPITAL MANAGEMENT, LLC
$35.3B114,280,922 shCapital International Investors
$26.0B84,046,789 shMORGAN STANLEY
$23.5B75,935,152 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $119.5B | 385,944,774 |
| VANGUARD CAPITAL MANAGEMENT LLC | $95.3B | 308,015,865 |
| STATE STREET CORP | $59.2B | 191,380,232 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $39.7B | 128,422,947 |
| FMR LLC | $38.4B | 124,112,876 |
| Capital World Investors | $36.0B | 116,188,483 |
| Capital Research Global Investors | $35.9B | 116,025,298 |
| GEODE CAPITAL MANAGEMENT, LLC | $35.3B | 114,280,922 |
| Capital International Investors | $26.0B | 84,046,789 |
| MORGAN STANLEY | $23.5B | 75,935,152 |
More Technology Companies
View all Technology →Put AVGO on your watchlist
Track score changes the day Broadcom Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is AVGO a good stock to buy?
13F Pro's AI-powered analysis of Broadcom Inc. (AVGO) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AVGO are available on the AVGO stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own AVGO?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AVGO. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Broadcom Inc.'s investment landscape.