Broadcom Company Profile
Collected Form 10-K metrics, trend charts, and initial interpretation for Broadcom within the AI infrastructure analytics portfolio.
First data slice
First Data Slice: Broadcom
A collected dataset for adding custom silicon, networking, and infrastructure software economics to the AI infrastructure framework.
Collected from Broadcom Form 10-K filings. Status: collected, pending independent review.
FY2024 highlights
Revenue
$51,574M
Gross Margin
63.03%
Operating Margin
26.10%
R&D Intensity
18.05%
CapEx Intensity
1.06%
Four-year view
| Fiscal Year | Period Ended | Revenue | Gross Margin | Operating Margin | R&D Intensity | CapEx Intensity | Status |
|---|---|---|---|---|---|---|---|
| 2021 | 2021-10-31 | $27,450M | 61.36% | 31.03% | 17.68% | 1.61% | collected |
| 2022 | 2022-10-30 | $33,203M | 66.55% | 42.84% | 14.81% | 1.28% | collected |
| 2023 | 2023-10-29 | $35,819M | 68.93% | 45.25% | 14.67% | 1.26% | collected |
| 2024 | 2024-11-03 | $51,574M | 63.03% | 26.10% | 18.05% | 1.06% | collected |
Source: Broadcom Form 10-K filings.
Gross profit definition: Broadcom labels the gross profit amount as "Gross margin" in its Consolidated Statements of Operations; this page stores that dollar amount as grossProfit.
CapEx definition: Capital expenditure uses Broadcom cash flow statement line item "Purchases of property, plant and equipment."
Unit: All raw financial figures are stored in USD millions.
Fiscal-year note: Broadcom refers to fiscal years by the calendar year in which they end; FY2024 was a 53-week fiscal year.
Status: Rows are marked as collected, not independently reviewed, until a later independent review step.
Broadcom Revenue Trend
Fiscal-year revenue from collected Broadcom Form 10-K figures.
Status: collected, pending independent review.
Source: Broadcom Form 10-K filings. Amounts stored in USD millions.
Broadcom Margin Trend
Gross margin and operating margin from collected Broadcom Form 10-K figures.
Status: collected, pending independent review.
Source: Broadcom Form 10-K filings. Ratios calculated from stored USD millions figures.
Broadcom Reinvestment Intensity Trend
R&D intensity and CapEx intensity calculated from collected Broadcom Form 10-K figures.
Status: collected, pending independent review.
Source: Broadcom Form 10-K filings. Ratios calculated from stored USD millions figures.
R&D intensity = R&D expense / revenue. CapEx intensity = capital expenditure / revenue.
Initial Interpretation
What the first Broadcom slice suggests before the broader custom silicon, networking, and software comparison is built.
Revenue step-up
Data basis
Revenue moved from $27,450M in FY2021 to $51,574M in FY2024.
Interpretation
Broadcom’s collected series shows a large revenue step-up by FY2024, with the latest fiscal year affected by the VMware acquisition and a 53-week fiscal year.
High gross margin profile
Data basis
Gross margin was 63.03% in FY2024.
Interpretation
Broadcom’s gross margin remains high, reflecting a mix of semiconductor products and infrastructure software rather than a pure hardware manufacturing profile.
FY2024 operating margin compression
Data basis
Operating margin was 45.25% in FY2023 and 26.10% in FY2024.
Interpretation
Broadcom’s FY2024 operating margin declined despite higher revenue and high gross margin. This should not be read as simple operating deterioration because VMware-related acquisition effects, amortization, restructuring, and software expense structure changed the full-company cost base.
Low direct CapEx intensity
Data basis
CapEx intensity was 1.06% in FY2024.
Interpretation
Broadcom’s low direct CapEx intensity is closer to fabless compute companies than to manufacturing-heavy foundry economics, while its role in custom silicon and networking makes it a separate infrastructure node.
These interpretations are based only on collected Broadcom Form 10-K figures and should be treated as an initial company-level reading, not a full cross-company conclusion.
Reference
Source & Methodology
How the Broadcom profile data is sourced, stored, and interpreted.
Official sources
Primary inputs are Broadcom Form 10-K annual filings. Links below use the filing URLs stored in the collected metadata; fiscal-year rows map to the filing set noted for each slice.
Used for FY2021
Used for FY2022, FY2023, FY2024
At least one row's filing note references cross-checking FY2022 against another Form 10-K in the chain; see the underlying source note text in the dataset for that fiscal year.
Source notes
Income statement data comes from Consolidated Statements of Operations. Broadcom labels the gross profit amount as "Gross margin"; this page stores that dollar amount as grossProfit. Capital expenditure uses the cash flow statement line item "Purchases of property, plant and equipment." Amounts are stored in USD millions—aligned with the recurring language in the collected filing notes, without restating row-level figures here.
Fiscal-year treatment
Broadcom uses a 52/53-week fiscal year and refers to fiscal years by the calendar year in which they end. FY2024 was a 53-week fiscal year; FY2021–FY2023 were 52-week fiscal years, as described in the collected filing notes.
The fiscalYear field uses Broadcom's reported fiscal-year label (for example FY2024).
When periodEnded is present on a row, it records the fiscal period end date for that fiscal year as stated in the filing trail for that row.
Metric construction
Raw metrics stored per fiscal year include revenue, grossProfit, operatingIncome, rdExpense, capitalExpenditure.
Derived metrics include revenueGrowth, grossMargin, operatingMargin, rdIntensity, capexIntensity. These ratios are calculated from the stored raw figures for the same row.
CapEx definition
Capital expenditure uses Broadcom's cash flow statement line item "Purchases of property, plant and equipment." Outflows are stored as positive magnitudes in this file for consistency with other issuers in the portfolio.
Status and limitation
Status values in this slice: collected. Where the status is collected, it means figures were sourced from official issuer filings in structured form and remain pending independent review beyond this page's scope.
The interpretation section above is a company-level reading of the collected series. It is not an investment recommendation, not advice on whether to transact in any security, and not a full cross-company conclusion under one reconciled framework yet.