Broadcom (AVGO) Operating Margin (2017 - 2026)
Broadcom's Operating Margin was 53.92% in fiscal Q3 2026 (quarter ended Aug 2, 2026), up 17.01 percentage points from 36.90% a year earlier and up 5.30 percentage points from the prior quarter.
Broadcom (AVGO) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Broadcom's Operating Margin was 48.05% through Aug 2, 2026, up 10.33 percentage points year-over-year; for FY2025 (ended Nov 2, 2025), it was 39.89%, up 13.78 percentage points from FY2024.
- Operating Margin shows a five-year change of +23.09 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Operating Margin was 26.10% in FY2024 (-19.14 pp), 45.25% in FY2023 (+2.40 pp), 42.84% in FY2022 (+11.81 pp) and 31.03% in FY2021 (+14.23 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Operating Margin in data going back to fiscal Q1 2017.
- Compared with a year earlier, Operating Margin has increased for seven straight quarters, with an average year-over-year change of +9.10 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was fiscal Q1 2025 (a gain of 24.55 percentage points); the worst was fiscal Q1 2024 (a drop of 28.61 percentage points).
- Per Business Quant data, AVGO's Operating Margin in the three fiscal quarters before Q3 2026 was 48.62% (Q2 2026), 44.34% (Q1 2026) and 41.68% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,757.49 Bn | 5,531.65 Bn | 72.14 Bn | 66.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,520.17 Bn | 2,145.88 Bn | 27.22 Bn | 60.34% |
| 3 | Broadcom | 1,730.62 Bn | 1,656.67 Bn | 20.46 Bn | 53.92% |
| 4 | Micron Technology | 1,201.21 Bn | 1,139.97 Bn | 35.06 Bn | 80.37% |
| 5 | Advanced Micro Devices | 1,031.02 Bn | 987.76 Bn | 6.20 Bn | 17.25% |
| 6 | Asml Holding | 716.82 Bn | 672.66 Bn | 5.90 Bn | - |
| 7 | Intel | 585.95 Bn | 470.68 Bn | 6.51 Bn | 11.14% |
| 8 | Lam Research | 432.69 Bn | 409.49 Bn | 3.48 Bn | 37.39% |
| 9 | Applied Materials | 430.35 Bn | 395.79 Bn | 4.59 Bn | 33.74% |
| 10 | Arm Holdings | 321.38 Bn | 307.09 Bn | 1.25 Bn | 7.06% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 53.92% |
| May 3, 2026 | 48.62% |
| Feb 1, 2026 | 44.34% |
| Nov 2, 2025 | 41.68% |
| Aug 3, 2025 | 36.90% |
| May 4, 2025 | 38.85% |
| Feb 2, 2025 | 41.97% |
| Nov 3, 2024 | 32.92% |
| Aug 4, 2024 | 28.98% |
| May 5, 2024 | 23.74% |
| Feb 4, 2024 | 17.41% |
| Oct 29, 2023 | 45.62% |
| Jul 30, 2023 | 43.44% |
| Apr 30, 2023 | 45.89% |
| Jan 29, 2023 | 46.02% |
| Oct 30, 2022 | 44.64% |
| Jul 31, 2022 | 44.15% |
| May 1, 2022 | 41.89% |
| Jan 30, 2022 | 40.33% |
| Oct 31, 2021 | 34.85% |
Broadcom Operating 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=operating-margin&ticker=AVGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=AVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();