Broadcom (AVGO) Gross Margin (2017 - 2026)
Broadcom (AVGO) recorded Gross Margin of 69.13% in fiscal Q3 2026 (quarter ended Aug 2, 2026), up 2.03 percentage points from 67.10% a year earlier but down 0.35 percentage points from the prior quarter.
Broadcom (AVGO) Gross Margin (2017 - 2026) Analysis & Trends
On a TTM basis, Broadcom's Gross Margin came in at 68.77% as of Aug 2, 2026, up 1.94 percentage points year-over-year; for FY2025 (ended Nov 2, 2025), it was 67.77%, up 4.73 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +11.19 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at 63.03% in FY2024 (-5.90 pp), 68.93% in FY2023 (+2.38 pp), 66.55% in FY2022 (+5.18 pp) and 61.36% in FY2021 (+4.78 pp).
- Quarterly Gross Margin has ranged from 61.66% in fiscal Q1 2024 to 70.02% in fiscal Q2 2023 over the past five years.
- On a year-over-year basis, Gross Margin has increased for seven consecutive quarters, with an average year-over-year change of +2.24 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 6.36 percentage points in fiscal Q1 2025, against a drop of 7.75 percentage points in fiscal Q2 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 69.48% (Q2 2026), 68.13% (Q1 2026) and 67.99% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,757.49 Bn | 5,531.65 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,520.17 Bn | 2,145.88 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,730.62 Bn | 1,656.67 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 1,201.21 Bn | 1,139.97 Bn | 35.06 Bn | 84.56% |
| 5 | Advanced Micro Devices | 1,031.02 Bn | 987.76 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 716.82 Bn | 672.66 Bn | 5.90 Bn | 52.15% |
| 7 | Intel | 585.95 Bn | 470.68 Bn | 6.51 Bn | 40.36% |
| 8 | Lam Research | 432.69 Bn | 409.49 Bn | 3.48 Bn | 51.75% |
| 9 | Applied Materials | 430.35 Bn | 395.79 Bn | 4.59 Bn | 50.31% |
| 10 | Arm Holdings | 321.38 Bn | 307.09 Bn | 1.25 Bn | 97.21% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 69.13% |
| May 3, 2026 | 69.48% |
| Feb 1, 2026 | 68.13% |
| Nov 2, 2025 | 67.99% |
| Aug 3, 2025 | 67.10% |
| May 4, 2025 | 67.96% |
| Feb 2, 2025 | 68.01% |
| Nov 3, 2024 | 64.05% |
| Aug 4, 2024 | 63.92% |
| May 5, 2024 | 62.27% |
| Feb 4, 2024 | 61.66% |
| Oct 29, 2023 | 68.93% |
| Jul 30, 2023 | 69.45% |
| Apr 30, 2023 | 70.02% |
| Jan 29, 2023 | 67.35% |
| Oct 30, 2022 | 66.36% |
| Jul 31, 2022 | 67.12% |
| May 1, 2022 | 67.12% |
| Jan 30, 2022 | 65.52% |
| Oct 31, 2021 | 62.62% |
Broadcom Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AVGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AVGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();