AVGO · 10-Q · 2026Q2 · Full report
Provision for Income Taxes
Broadcom Inc. · 2026-06-09 · Importance 63 · Surprise 64 · Matches filing data
The provision for income taxes was $820 million for the fiscal quarter and $1,666 million for the two fiscal quarters ended May 3, 2026, versus $120 million and $107 million for the comparable prior-year periods. The company attributes the increase in the provision for income taxes primarily to higher income before income taxes in the current year periods. These tax provisions materially increased absolute tax expense in the reporting period and reflect higher profitability.
Key facts
- The provision for income taxes was $1,666 million for the two fiscal quarters ended May 3, 2026 compared to $107 million for the two fiscal quarters ended May 4, 2025. source
- The provision for income taxes was $820 million for the fiscal quarter ended May 3, 2026 compared to $120 million for the fiscal quarter ended May 4, 2025. source
- The increase in the provision for income taxes in both the fiscal quarter and two fiscal quarters ended May 3, 2026 was primarily due to higher income before income taxes. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -7.0% | The provision for income taxes was $1,666 million for the two fiscal quarters ended May 3, 2026 compared to $107 million for the two… |
| net_income | negative | realized | -3.2% | The provision for income taxes was $820 million for the fiscal quarter ended May 3, 2026 compared to $120 million for the fiscal quarter… |