Broadcom (AVGO) Gross Margin (2017 - 2026)
Broadcom's (AVGO) quarterly Gross Margin came in at 69.13% in Q3 2026, up 203.0% year-over-year from 22.81% in Q3 2025, and down 0.5% on a QoQ basis from 69.48% in Q2 2026.
Analysis
Broadcom (AVGO) Gross Margin (2017 - 2026) Analysis & Trends
Broadcom (AVGO) has 10 years of Gross Margin data on file, last reported at 69.13% in Q3 2026.
- On a quarterly basis, Gross Margin rose 203.0% year-over-year to 69.13% in Q3 2026; TTM through Aug 2026 was 68.77%, a 194.0% increase from a year earlier, with the FY2025 full-year figure at 67.77%, up 473.0% from the prior year.
- Gross Margin for Q3 2026 stood at 69.13%, down from 69.48% in the prior quarter.
- Across five years, Gross Margin topped out at 70.02% in Q2 2023 and bottomed at 61.66% in Q1 2024.
- Historically, Gross Margin has averaged 66.93% across 5 years, with a median of 67.35% in 2023.
- The widest annual swing landed in 2024, when Gross Margin plunged 775 bps; it then jumped 636 bps in 2025.
- Year by year, Gross Margin stood at 66.36% in 2022, then increased by 4 bps to 68.93% in 2023, then declined by 7 bps to 64.05% in 2024, then grew by 6 bps to 67.99% in 2025, then grew by 2 bps to 69.13% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 69.13% in Q3 2026, 69.48% in Q2 2026, and 68.13% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 74.98% |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 69.13% |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 53.77% |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | 97.21% |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 53.14% |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 53.05% |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 55.18% |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | 73.28% |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 64.53% |
| 10 | Lattice Semiconductor | 14.60 Bn | 14.43 Bn | 141.33 Mn | 70.29% |
Historic Data
Download Data
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% |