Broadcom Inc. reported a strong fourth quarter and fiscal year 2025, driven by significant growth in AI semiconductor revenue and robust overall financial performance, including record revenue and adjusted EBITDA.
Record revenue of $18,015 million for Q4 FY2025, up 28% year-over-year.
positiveAI semiconductor revenue increased 74% year-over-year, a primary growth driver.
positiveNon-GAAP diluted EPS of $1.95 for Q4 FY2025, up 37% year-over-year.
positiveFree cash flow of $7,466 million for Q4 FY2025, up 36% year-over-year, representing 41% of revenue.
positiveQuarterly common stock dividend increased by 10% to $0.65 per share.
positiveFiscal year 2025 adjusted EBITDA increased 35% year-over-year to a record $43.0 billion.
positiveInfrastructure software revenue growth was 19% year-over-year, lower than the 35% growth in semiconductor solutions.
attentionWhile GAAP net income grew 97% YoY, the non-GAAP net income grew 39% YoY, indicating significant non-GAAP adjustments.
attentionInventory levels increased to $2,270 million from $1,760 million in the prior year, a 29% increase.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Semiconductor solutions | $11072000.0B | $8230000.0B | +35.0% | 61.5% |
Infrastructure software | $6943000.0B | $5824000.0B | +19.0% | 38.5% |
| Total Revenue | $18015000.0B | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
AI semiconductor revenue is expected to double year-over-year to $8.2 billion in Q1 FY2026, driven by custom AI accelerators and Ethernet AI switches.
The company is increasing its quarterly common stock dividend by 10% to $0.65 per share, marking the fifteenth consecutive annual increase.
Fiscal year 2025 saw record adjusted EBITDA of $43.0 billion and strong free cash flow of $26.9 billion.
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Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.