Broadcom 8-K
PositiveEarningsNew guidance
Custom AI accelerator and networking demand drove AI semiconductor revenue up 221% Y/Y.
Filed 2026-09-02 16:26 ET
- 2.02 Results of Operations
- 8.01 Other Events
- 9.01 Financial Statements and Exhibits
Summary
Q3 FY2026 results with Q4 guidance and a quarterly dividend. Revenue rose 86% Y/Y to a record $29.6B; Broadcom said strong demand for custom AI accelerators and networking drove AI semiconductor revenue to $16.7B, up 221% Y/Y. The board declared a $0.65/share dividend.
Key Figures
| Metric | Q3 2026 | Q3 2025 | Y/Y |
|---|---|---|---|
| Revenue | $29.6B | $16.0B | +86% |
| Operating income, GAAP | $16.0B | $5.89B | +171% |
| Operating income, non-GAAP | $20.1B | $10.5B | +92% |
| Net income, GAAP | $13.1B | $4.14B | +216% |
| Net income, non-GAAP | $16.4B | $8.4B | +95% |
| Diluted EPS, GAAP | $2.68 | $0.85 | +215% |
| Diluted EPS, non-GAAP | $3.32 | $1.69 | +96% |
| Cash flow from operations | $14.2B | $7.17B | +98% |
| Free cash flow | $13.7B | $7.02B | +95% |
- AI semiconductor revenue was $16.7B, up 221% Y/Y and 54% Q/Q; semiconductor solutions revenue rose 127% Y/Y to $20.8B, while infrastructure software revenue rose 29% to $8.75B.
- Cash and cash equivalents ended the quarter at $24.0B. The $0.65/share dividend is payable 9/30/2026 to holders of record 9/21/2026.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue (GAAP) | Q4 FY2026 | ≈$34.8B; +93% Y/Y | — | — |
| AI semiconductor revenue | Q4 FY2026 | $21.7B; +236% Y/Y | — | — |
| Operating income (non-GAAP) | Q4 FY2026 | ≈66% of projected revenue; flat Y/Y | — | — |
Investor Takeaways
- Watch Q4 revenue and non-GAAP operating margin against guidance, alongside whether AI semiconductor demand continues to accelerate.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3