Broadcom (AVGO) Operating Expenses (2017 - 2026)
Broadcom's (AVGO) quarterly Operating Expenses came in at $4.5 billion in Q3 2026, down 6.54% year-over-year from $4.8 billion in Q3 2025, and down 2.72% on a QoQ basis from $4.6 billion in Q2 2026.
Analysis
Broadcom (AVGO) Operating Expenses (2017 - 2026) Analysis & Trends
Broadcom (AVGO) has 10 years of Operating Expenses data on file, last reported at $4.5 billion in Q3 2026.
- On a quarterly basis, Operating Expenses fell 6.54% year-over-year to $4.5 billion in Q3 2026; TTM through Aug 2026 was $18.5 billion, a 5.84% increase from a year earlier, with the FY2025 full-year figure at $17.8 billion, down 6.49% from the prior year.
- Operating Expenses for Q3 2026 stood at $4.5 billion, down from $4.6 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $5.3 billion in Q1 2024 and bottomed at $1.9 billion in Q1 2023.
- Historically, Operating Expenses has averaged $3.5 billion across 5 years, with a median of $4.4 billion in 2025.
- The widest annual swing landed in 2024, when Operating Expenses surged 178.38%; it then declined 26.59% in 2025.
- Year by year, Operating Expenses stood at $1.9 billion in 2022, then advanced by 11.7% to $2.2 billion in 2023, then surged by 101.89% to $4.4 billion in 2024, then advanced by 8.37% to $4.7 billion in 2025, then fell by 5.06% to $4.5 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $4.5 billion in Q3 2026, $4.6 billion in Q2 2026, and $4.6 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 4.50 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 188.38 Mn |
| 10 | Lattice Semiconductor | 14.60 Bn | 14.43 Bn | 141.33 Mn | 118.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 4.50 Bn |
| May 3, 2026 | 4.63 Bn |
| Feb 1, 2026 | 4.59 Bn |
| Nov 2, 2025 | 4.74 Bn |
| Aug 3, 2025 | 4.82 Bn |
| May 4, 2025 | 4.37 Bn |
| Feb 2, 2025 | 3.89 Bn |
| Nov 3, 2024 | 4.38 Bn |
| Aug 4, 2024 | 4.57 Bn |
| May 5, 2024 | 4.81 Bn |
| Feb 4, 2024 | 5.29 Bn |
| Oct 29, 2023 | 2.17 Bn |
| Jul 30, 2023 | 2.31 Bn |
| Apr 30, 2023 | 2.11 Bn |
| Jan 29, 2023 | 1.90 Bn |
| Oct 30, 2022 | 1.94 Bn |
| Jul 31, 2022 | 1.94 Bn |
| May 1, 2022 | 2.05 Bn |
| Jan 30, 2022 | 1.94 Bn |
| Oct 31, 2021 | 2.06 Bn |