Broadcom Inc. (AVGO) FY2024 Annual P&L / Income Statement

Broadcom Inc. (AVGO) FY2024 Annual P&L / Income Statement

Income statement for 2023-10-30 through 2024-11-03. View: Product and Service by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total net revenue

51,574,000,000 US dollars

Total cost of revenue

19,065,000,000 US dollars

Gross margin

32,509,000,000 US dollars

Total operating expenses

19,046,000,000 US dollars

Operating income

13,463,000,000 US dollars

Other income (expense), net (calculated)

negative 3,547,000,000 US dollars

Income from continuing operations before income taxes

9,916,000,000 US dollars

Provision for income taxes

3,748,000,000 US dollars

Net income

5,895,000,000 US dollars

Subscriptions and services - Americas

12,726,000,000 US dollars

Subscriptions and services - Asia Pacific

2,203,000,000 US dollars

Subscriptions and services - Europe, the Middle East and Africa

6,286,000,000 US dollars

Products - Americas

2,244,000,000 US dollars

Products - Asia Pacific

26,219,000,000 US dollars

Products - Europe, the Middle East and Africa

1,896,000,000 US dollars

Research and development

9,310,000,000 US dollars

Selling, general and administrative

4,959,000,000 US dollars

Amortization of acquisition-related intangible assets

3,244,000,000 US dollars

Restructuring and other charges

1,533,000,000 US dollars

Loss from discontinued operations, net of income taxes

negative 273,000,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.