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

- Company: Broadcom Inc. (AVGO)
- Period: 2023-10-30 to 2024-11-03
- Filing: FY2024 10-K, filed 2024-12-20, accession number 0001730168-24-000139
- Page: https://plicit.ai/financials/avgo/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/avgo-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service by Geography

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.

## Chart details: Revenue by Geography (4 categories)

- Page: https://plicit.ai/financials/avgo/fy2024-annual-income-statement/revenue-by-geography-4-categories
- Chart image: https://plicit.ai/charts/avgo-fy2024-annual-revenue-by-geography-4-categories-sankey.png

Income statement for 2023-10-30 through 2024-11-03. View: Geography (4 categories). 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
- **UNITED STATES**: 12,887,000,000 US dollars
- **China (including Hong Kong)**: 10,483,000,000 US dollars
- **SINGAPORE**: 9,559,000,000 US dollars
- **Other**: 18,645,000,000 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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/avgo/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/avgo-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-10-30 through 2024-11-03. View: Business segment. 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
- **Semiconductor Solutions**: 30,096,000,000 US dollars
- **Infrastructure Software**: 21,478,000,000 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.

## Chart details: Revenue by Product and Service

- Page: https://plicit.ai/financials/avgo/fy2024-annual-income-statement/revenue-by-product-and-service
- Chart image: https://plicit.ai/charts/avgo-fy2024-annual-revenue-by-product-and-service-sankey.png

Income statement for 2023-10-30 through 2024-11-03. View: Product and service. 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
- **Products**: 30,359,000,000 US dollars
- **Subscriptions and services**: 21,215,000,000 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.

## Chart details: Revenue by Geography (3 categories)

- Page: https://plicit.ai/financials/avgo/fy2024-annual-income-statement/revenue-by-geography-3-categories
- Chart image: https://plicit.ai/charts/avgo-fy2024-annual-revenue-by-geography-3-categories-sankey.png

Income statement for 2023-10-30 through 2024-11-03. View: Geography (3 categories). 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
- **Americas**: 14,970,000,000 US dollars
- **Asia Pacific**: 28,422,000,000 US dollars
- **Europe, the Middle East and Africa**: 8,182,000,000 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.