Broadcom Inc. (AVGO) closed fiscal year 2025 with a gross margin of 67.8 % and a net margin of 36.2 %.
Broadcom Inc. (AVGO) closed fiscal year 2025 with a gross margin of 67.8 % and a net margin of 36.2 %. The same year shows an EBITDA margin of 53.4 % and an EBIT margin of 39.9 %. The free cash flow margin was 42.1 %. Against the previous year the gross margin moved +4.7 pp and the net margin +24.8 pp. Across the period the gross margin ranges between 44.9 % in 2016 and 68.9 % in 2023. The series covers 10 fiscal years, from 2016 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: November
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 44.86 % | 48.25 % | 51.48 % | 55.24 % | 56.58 % | 61.36 % | 66.55 % | 68.93 % | 63.03 % | 67.77 % |
| EBITDA margin (%) | 19.89 % | 40.30 % | 44.21 % | 40.94 % | 19.19 % | 33.00 % | 44.44 % | 55.71 % | 45.22 % | 53.41 % |
| EBIT margin (%) | -3.09 % | 13.44 % | 24.63 % | 15.24 % | 16.80 % | 31.03 % | 42.84 % | 45.25 % | 26.10 % | 39.89 % |
| Net margin (%) | -13.13 % | 9.59 % | 58.80 % | 12.05 % | 12.39 % | 24.54 % | 34.62 % | 39.31 % | 11.43 % | 36.20 % |
| FCF margin (%) | 20.30 % | 31.08 % | 39.55 % | 41.00 % | 48.55 % | 48.53 % | 49.13 % | 49.23 % | 37.64 % | 42.13 % |
