Form 8-K · Current Report · Filed 2026-03-04
Broadcom Reports Strong Q1 2026 Financial Results and Announces Dividend and Share Repurchase
Broadcom Inc. reported strong financial results for the first quarter of fiscal year 2026, with a 29% increase in revenue to $19.3 billion and a 34% increase in GAAP net income to $7.3 billion. The company also announced a quarterly dividend of $0.65 per share, payable on March 31, 2026, and authorized a new share repurchase program of up to $10 billion. Non-GAAP net income was $10.2 billion, and the company expects second quarter revenue to increase by 47% year-over-year to $22.0 billion.
- Filer
- Broadcom Inc. AVGO · NASDAQ
- Filed
- Accession
- 0001730168-26-000011
- CIK
- 0001730168
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$313.84
Next session
+6.0%
Since filing
+24.0%
Latest close
$389.28
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Previous filings from AVGO reporting the same item, with the next session's move:
About Broadcom Inc.
Broadcom Inc. is a diversified global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Its primary function is to serve high-growth industries by providing technology that supports complex digital environments. Key sectors impacted by Broadcom’s products include data center, networking, broadband, wireless, and industrial markets. The company's semiconductor solutions are integral to networking systems, represented by products like ASICs and Bluetooth solutions, while its software solutions enhance critical infrastructure for businesses. Headquartered in San Jose, California, Broadcom maintains a significant presence in the tech industry due to its commitment to innovation and acquisition strategy, which has expanded its impact across a variety of computing and connectivity applications. By leveraging its expansive portfolio, Broadcom continues to enhance the capabilities of new technologies and supports advancements in digital communication and data management.
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