AVGO · 10-Q · 2026Q2 · Full report

Software / Subscription Revenue Mix

Broadcom Inc. · 2026-06-09 · Importance 54 · Surprise 40 · In source text

Subscriptions and services revenue increased to $5,295 million in the quarter (from $4,695 million) and to $10,476 million for the two fiscal quarters (from $9,468 million), representing greater than 10% year-over-year growth for the two-quarter period. The company discloses material upfront license revenue that was recognized within products—$1,964 million in the quarter and $3,719 million for the two quarters ended May 3, 2026—and notes reclassifications of upfront license revenue between subscriptions and products in the prior year. Those upfront license recognition choices materially affect the products vs. subscriptions revenue mix and comparability between periods. Infrastructure software demand (notably VCF) contributed to subscription/services momentum, while upfront license treatment shifted some previously-classified subscription revenue into products for presentation purposes.

Key facts

• Subscriptions and services revenue for the two fiscal quarters ended May 3, 2026 was $10,476 million. source
• Subscriptions and services revenue for the fiscal quarter ended May 3, 2026 was $5,295 million. source

Impact estimates