Broadcom Achieves $19.3 Billion in Net Revenue for Q1 Fiscal Year, Marking a 29% YoY Surge
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Author:小编   

Broadcom has unveiled its financial performance for the inaugural quarter of the fiscal year 2026, revealing a net revenue of $19.311 billion, which signifies a notable 29% increase year-over-year. Concurrently, the adjusted net profit soared to $10.185 billion, reflecting a 30% rise from the previous year. Furthermore, the board of directors has greenlit a share repurchase initiative valued at up to $10 billion. Looking ahead, Broadcom anticipates its revenue for the second fiscal quarter to hover around the $22 billion mark.