Broadcom (AVGO) Research & Development (2017 - 2026)
Broadcom (AVGO) recorded Research & Development of $2.9 billion in fiscal Q3 2026 (quarter ended Aug 2, 2026), down 5.1% from $3.05 billion a year earlier and down 3.3% from the prior quarter.
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Analysis
Broadcom (AVGO) Research & Development (2017 - 2026) Analysis & Trends
On a TTM basis, Broadcom's Research & Development came in at $11.84 billion as of Aug 2, 2026, up 15.7% year-over-year; for FY2025 (ended Nov 2, 2025), it came in at $10.98 billion, up 17.9% from FY2024.
- Annual Research & Development has increased for four straight fiscal years, with a five-year compound annual growth rate of 17.2% (FY2020 to FY2025).
- Across earlier fiscal years, Research & Development came in at $9.31 billion in FY2024 (+77.2%), $5.25 billion in FY2023 (+6.8%), $4.92 billion in FY2022 (+1.3%) and $4.85 billion in FY2021 (-2.3%).
- The fiscal Q3 2026 figure is the lowest quarterly Research & Development since fiscal Q2 2025.
- On a year-over-year basis, Research & Development rose in six of the last eight quarters, with growth averaging 21.4%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 93.1% in fiscal Q1 2024, against a decline of 5.1% in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $3 billion (Q2 2026), $2.97 billion (Q1 2026) and $2.98 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,114.26 Bn | 4,888.42 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,138.81 Bn | 1,764.99 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,543.15 Bn | 1,469.19 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 968.69 Bn | 874.33 Bn | 47.05 Bn | 1.91 Bn |
| 5 | Advanced Micro Devices | 828.94 Bn | 785.69 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 601.46 Bn | 557.15 Bn | 5.90 Bn | - |
| 7 | Intel | 431.13 Bn | 315.86 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Applied Materials | 298.06 Bn | 263.50 Bn | 4.59 Bn | 1.10 Bn |
| 9 | Lam Research | 287.49 Bn | 263.54 Bn | 4.30 Bn | 666.40 Mn |
| 10 | Texas Instruments | 255.25 Bn | 233.08 Bn | 3.35 Bn | 535.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 2.90 Bn |
| May 3, 2026 | 3.00 Bn |
| Feb 1, 2026 | 2.97 Bn |
| Nov 2, 2025 | 2.98 Bn |
| Aug 3, 2025 | 3.05 Bn |
| May 4, 2025 | 2.69 Bn |
| Feb 2, 2025 | 2.25 Bn |
| Nov 3, 2024 | 2.23 Bn |
| Aug 4, 2024 | 2.35 Bn |
| May 5, 2024 | 2.42 Bn |
| Feb 4, 2024 | 2.31 Bn |
| Oct 29, 2023 | 1.39 Bn |
| Jul 30, 2023 | 1.36 Bn |
| Apr 30, 2023 | 1.31 Bn |
| Jan 29, 2023 | 1.20 Bn |
| Oct 30, 2022 | 1.20 Bn |
| Jul 31, 2022 | 1.26 Bn |
| May 1, 2022 | 1.26 Bn |
| Jan 30, 2022 | 1.21 Bn |
| Oct 31, 2021 | 1.20 Bn |
API Access
Broadcom Research & Development 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=research-and-development&ticker=AVGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=AVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();