Broadcom Inc. (AVGO) Earnings Analysis

Broadcom Inc. (AVGO) reported results in line with expectations in Q2 FY2026 on revenue of $22.2B versus the $22.1B estimate (+47.9% YoY) and EPS of $2.44. The next Broadcom Inc. (AVGO) earnings date is Sep 3, 2026. Below is the full Broadcom Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Broadcom Inc. (AVGO) Earnings Analysis — key stats

Next earnings dateSep 3, 2026
Latest reported quarterQ2 FY2026
Earnings verdictIn line
EPS beat rate3 of last 8 (quarters above estimate)
Avg next-day move±10.4% (over the last 8 reports)
Post-earnings directionUp 4 / Down 4 (of the last 8 reports)
Implied move (next report)±10.3% (options-derived · into Sep 3, 2026)
Institutional ownership62.3% (13F as of 2026-06-30)
Top 10 holders35.9% (of shares outstanding)
Insider activity0 buys / 12 sells (recent Form 4 filings)
Revenue$22.2B (vs $22.1B est · +0.3% surprise · +47.9% YoY)
EPS$2.44 (vs $2.40 est · +1.7% surprise · +86.7% YoY)
Share price$392.99 (-5.9%)
Market cap$1.87T

Broadcom Inc. (AVGO) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q3 FY2026$22.2B vs $22.1B est$2.44 vs $2.40 est+1.7%-13.0%In line
Q2 FY2026$19.3B vs $19.3B est$2.05 vs $2.03 est+1.0%+6.0%In line
Q1 FY2026$18.0B vs $17.5B est$1.95 vs $1.87 est+4.3%-12.8%Beat
Q4 FY2025$16.0B vs $15.8B est$1.69 vs $1.66 est+1.8%+10.7%In line
Q3 FY2025$15.0B vs $15.0B est$1.58 vs $1.57 est+0.6%-5.4%In line
Q2 FY2025$14.9B vs $14.6B est$1.60 vs $1.51 est+6.0%+1.8%Beat
Q1 FY2025$14.1B vs $14.1B est$1.42 vs $1.38 est+2.9%+22.7%Mixed
Q4 FY2024$13.1B vs $13.0B est$1.24 vs $1.22 est+1.6%-11.1%In line

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.8.4%398.2M$150.4B+3.2%
Vanguard Capital Management LLC6.5%309.2M$116.8B+0.4%
State Street Corp4.1%196.9M$74.4B+2.9%
Fmr LLC3.0%144.4M$54.5B+16.3%
Undisclosed filer2.7%127.0M$48.0B-1.1%
Capital World Investors2.6%121.9M$46.0B+4.9%
Geode Capital Management, LLC2.5%116.4M$43.9B+1.8%
Capital Research Global Investors2.4%113.1M$42.7B-2.5%
Jpmorgan Chase & CO2.0%95.0M$35.4B+3.5%
Price T Rowe Associates INC /Md/1.7%82.9M$31.3B-1.9%

Recent insider transactions

InsiderRoleDateTypeSharesValue
DELLY GAYLA Jdirector2026-07-10Sell500
Brazeal Mark Davidofficer: Chief Legal & Corp Affairs Ofc2026-07-10Sell25K$10.0M
DELLY GAYLA Jdirector2026-07-08Sell2K$728368
Brazeal Mark Davidofficer: Chief Legal & Corp Affairs Ofc2026-07-08Sell25K$9.5M
PAGE JUSTINEdirector2026-06-29Sell2K$598916
Brazeal Mark Davidofficer: Chief Legal & Corp Affairs Ofc2026-06-25Sell25K$9.7M
SAMUELI HENRYdirector2026-06-24Sell23K$8.8M
SAMUELI HENRYdirector2026-06-24Sell33K$12.6M

What you'll find

Frequently asked questions

When is Broadcom Inc.'s next earnings date?
Broadcom Inc.'s (AVGO) next scheduled earnings date is Sep 3, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Broadcom Inc. (AVGO) beat or miss earnings?
In Q2 FY2026, Broadcom Inc. (AVGO) posted in-line results — revenue of $22.2B versus the $22.1B estimate (+0.3% surprise) and EPS of $2.44 versus $2.40 expected (+1.7% surprise). Magnisto decodes every Broadcom Inc. (AVGO) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Broadcom Inc. beat earnings estimates?
Over its last 8 reported quarters, Broadcom Inc. (AVGO) beat Wall Street EPS estimates 3 times, most recently a in-line result in Q3 FY2026. Magnisto tracks every Broadcom Inc. (AVGO) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Broadcom Inc. stock move after earnings?
Over its last 8 quarterly reports, Broadcom Inc. (AVGO) moved an average of ±10.4% the day after earnings — ranging from -13.0% (Q3 FY2026) to +22.7% (Q1 FY2025). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Sep 3, 2026, options-implied volatility is pricing in a move of roughly ±10.3% (derived). Magnisto tracks the realized post-earnings move for every Broadcom Inc. (AVGO) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Broadcom Inc.?
Institutions hold about 62.3% of Broadcom Inc.'s (AVGO) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (8.4%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.1%). Magnisto lists Broadcom Inc.'s (AVGO) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Broadcom Inc. (AVGO)?
In the most recent Form 4 filings Magnisto tracks, Broadcom Inc. (AVGO) insiders recorded 0 purchases and 12 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Broadcom Inc. (AVGO) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Broadcom Inc. (AVGO), anchored to the current $392.99 share price, so you can weigh the bull, base and bear cases for Broadcom Inc. side by side.
Is Broadcom Inc. (AVGO) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Broadcom Inc. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.