Broadcom Inc. (AVGO): operating margin, 10 filed years
Operating margin at Broadcom Inc. was 39.9% in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from -3.1% (FY2016) to 45.3% (FY2023), with a median of 25.4%.
Tonight's figure on the company page: 39.9%, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | Operating margin | Read from |
|---|---|---|
| FY2016 | -3.1% | 10-K, filed 2018-12-21 |
| FY2017 | 13.4% | 10-K, filed 2018-12-21 |
| FY2018 | 24.6% | 10-K, filed 2018-12-21 |
| FY2019 | 15.2% | 10-K, filed 2019-12-20 |
| FY2020 | 16.8% | 10-K, filed 2020-12-18 |
| FY2021 | 31.0% | 10-K, filed 2021-12-17 |
| FY2022 | 42.8% | 10-K, filed 2022-12-16 |
| FY2023 | 45.3% | 10-K, filed 2023-12-14 |
| FY2024 | 26.1% | 10-K, filed 2024-12-20 |
| FY2025 | 39.9% | 10-K, filed 2025-12-18 |
How each year is computed
Operating income / revenue x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.