AVGO · 10-Q · 2026Q2 · Full report
Interest Expense / Interest Rates
Broadcom Inc. · 2026-06-09 · Importance 36 · Surprise 14 · From source text
Interest expense was $776 million and $769 million for the fiscal quarters ended May 3, 2026 and May 4, 2025, respectively; the quarter-over-quarter increase was attributed to a loss on debt extinguishment. For the two fiscal quarters, interest expense was $1,577 million in the current-year period versus $1,642 million in the prior-year period, a decrease primarily due to an overall reduction in outstanding debt balances and debt refinancing activities. Interest expense remains a material non-operating cost given the company's sizeable outstanding indebtedness.
Key facts
- Interest expense was $1,577 million for the two fiscal quarters ended May 3, 2026 compared to $1,642 million for the two fiscal quarters ended May 4, 2025. source
- Interest expense was $776 million for the fiscal quarter ended May 3, 2026 and $769 million for the fiscal quarter ended May 4, 2025. source
- The increase in quarterly interest expense was due to a loss on debt extinguishment. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +0.3% | Interest expense was $1,577 million for the two fiscal quarters ended May 3, 2026 compared to $1,642 million for the two fiscal quarters… |
| net_income | negative | realized | -0.0% | Interest expense was $776 million for the fiscal quarter ended May 3, 2026 and $769 million for the fiscal quarter ended May 4, 2025. |