How Broadcom makes money

Period

FY2025

How does Broadcom make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Broadcom Inc. · FY2025 · year ended 2025-11-02

Revenue$63.9BGross profit$43.3B · 68%Cost of revenue$20.6B · 32%Operating income$25.5B · 40%Operating expenses$17.8B · 28%R&D$11.0B · 17%SG&A$4.2B · 7%Other opex$2.6B · 4%Pre-tax income$23.1B · 36%Other expense$2.4B · 4%Net income$23.1B · 36%Product$44.8B · 70%Subscriptionsand Services$19.0B · 30%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.