AVGO · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

Broadcom Inc. · 2026-09-10 · Importance 69 · Surprise 64 · Matches filing data

Third-quarter fiscal 2026 net revenue increased $13,639 million, or 85%, to $29,591 million from $15,952 million in the prior-year quarter. Revenue for the first three fiscal quarters increased $25,217 million, or 55%, to $71,089 million from $45,872 million. Semiconductor solutions revenue increased 127% to $20,839 million in the quarter and 88% to $48,363 million year to date, driven primarily by custom AI accelerators and AI networking products. Infrastructure software revenue increased 29% to $8,752 million in the quarter and 13% to $22,726 million year to date, primarily from VMware Cloud Foundation demand and additional license revenue on contracts without termination rights.

Key facts

• Total net revenue for the fiscal quarter ended August 2, 2026 was $29,591 million. source
• Products revenue for the fiscal quarter ended August 2, 2026 was $24,279 million. source
• Subscriptions and services revenue for the fiscal quarter ended August 2, 2026 was $5,312 million. source
• Total net revenue for the three fiscal quarters ended August 2, 2026 was $71,089 million. source
• Products revenue for the three fiscal quarters ended August 2, 2026 was $55,301 million. source
• Subscriptions and services revenue for the three fiscal quarters ended August 2, 2026 was $15,788 million. source
• Semiconductor solutions net revenue was $20,839 million for the fiscal quarter ended August 2, 2026, an increase of $11,673 million from $9,166 million for the fiscal quarter ended August 3, 2025. source
• Infrastructure software net revenue was $8,752 million for the fiscal quarter ended August 2, 2026, an increase of $1,966 million from $6,786 million for the fiscal quarter ended August 3, 2025. source

Impact estimates