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 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | 76.33% |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 58.65% |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 66.24% |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 53.92% |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 80.68% |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 21.17% |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 15.27% |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | Lam Research | 282.21 Bn | 258.26 Bn | 4.30 Bn | 39.95% |
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();