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Signal Ledger LabBroadcom
AVGOSIGNAL LEDGER VALUATIONWhat the shares are worth today if management delivers the targets it has set for each business: every business valued at FY2030 and discounted back, every input cited.
Research updated 2026-10-23 00:31:40 UTCBUY below $387.67WATCHSELL above $726.88
Price viewBUY
Buy below · 80% of FV$387.67
Sell above · 150% of FV$726.88
BUY below 80% of FV · WATCH from 80% to 150% · SELL above 150%. Thresholds use unrounded fair values.
REPORTED FIGURES / LATEST SEC FILING
What AVGO reported, business by business.
SEC 10-Q ↗ · quarter ended 2026-08-02 · filed 2026-09-10 · checked 2026-10-29 01:22 UTC; an earnings release published before the 10-Q or 10-K is not included.
- Reported revenue
- $29.591B
- Reported net income
- $13.088B
- Reported diluted EPS
- $2.68
RECONCILED Business rows reconcile to SEC revenue from the same filing and reporting period. Unverified segment profits remain blank.
Reported accounting segments, 2026-05-04 to 2026-08-02. Reported results; the valuation above uses the dated research assumptions.
| Business | Revenue | Share of revenue | Operating profit | Margin |
|---|---|---|---|---|
| Semiconductor solutions | $20.839B | 70.4% | $12.77B | 61.3% |
| Infrastructure software | $8.752B | 29.6% | $7.325B | 83.7% |
| Consolidated revenue | $29.591B | 100% | — |
View reported source cells
Accession 0001730168-26-000080
Semiconductor solutions
net revenue by segment for the periods presented: Fiscal Quarter Ended Three Fiscal Quarters Ended Net Revenue by Segment August 2, 2026 August 3, 2025 $ Change % Change August 2, 2026 August 3, 2025 $ Change % Change (Dollars in millions) Semiconductor solutions $ 20,839 $ 9,166 $ 11,673 127 % $ 48,363 $ 25,786 $ 22,577 88 %
Infrastructure software
net revenue by segment for the periods presented: Fiscal Quarter Ended Three Fiscal Quarters Ended Net Revenue by Segment August 2, 2026 August 3, 2025 $ Change % Change August 2, 2026 August 3, 2025 $ Change % Change (Dollars in millions) Infrastructure software 8,752 6,786 1,966 29 % 22,726 20,086 2,640 13 % Total net revenue $ 29,591
THE COMPANY
What does Broadcom do?
Semiconductor infrastructure plus recurring infrastructure software
Businesses: Semiconductor Solutions · Infrastructure Software
EVIDENCE
Follow every input to its source
Read the full valuation for each business, the assumptions behind it and the cited evidence.