Broadcom Inc. Announces Third Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend

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  "detected_at": "2026-09-02T20:26:42+00:00",
  "company": {
    "name": "Broadcom",
    "domain": "broadcom.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/broadcom-inc-announces-third-quarter-fiscal-year-2026-financial-results-and-quarterly-dividend-302868129.html",
    "title": "Broadcom Inc. Announces Third Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend",
    "excerpt": "PALO ALTO, Calif. , Sept. 2, 2026 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO ), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its third quarter of fiscal year 2026, ended August 2, 2026, provided guidance for its fourth quarter of fiscal year 2026 and announced its quarterly dividend. \"Demand for our custom AI accelerators and networking continues to be very strong. Q3 AI semiconductor revenue of $16.7 billion grew 221% year-over-year, and 54% quarter-over-quarter,\" said Hock Tan, President and CEO of Broadcom Inc. \"In Q4 the momentum continues, and we expect AI semiconductor revenue to accelerate to $21.7 billion, up 236% year-over-year.\" \"Broadcom achieved record revenue, operating profit and free cash flow in Q3. We delivered non-GAAP operating income growth of 92% year-over-year, as consolidated revenue grew 86% year-over-year to $29.6 billion,\" said Amie Thuener, CFO of Broadcom Inc. \"Q4 consolidated revenue growth is forecasted to increase 93% year-over-year to $34.8 billion, and we expect to maintain our non-GAAP operating margin at 66%, flat from a year ago.\" __________________________________________________________________________________________________________________________________ (1) The Company is not readily able to provide a reconciliation of projected...",
    "summary": "Broadcom Inc. reported a GAAP net income of $13.1 billion for the third quarter of fiscal 2026.",
    "planning": false,
    "image_url": "https://static.stocktitan.net/filing-covers/avgo_8-K.webp",
    "confidence": 0.95,
    "published_at": "2026-09-02T20:15:00Z",
    "article_sentence": "Financial Results Conference Call Broadcom Inc. will host a conference call to review its financial results for the third quarter of fiscal year 2026 and to discuss the business outlook today at 2:00 p.m.",
    "amount_normalized": 13100000000
  }
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