What is Broadcom Inc.'s R&D?

Broadcom Inc. (AVGO) reported R&D of $3B in Q1 2026.

How has Broadcom Inc.'s R&D changed year-over-year?

Broadcom Inc.'s R&D increased by 11.2% year-over-year, from $2.69B to $3B.

What is the long-term trend for Broadcom Inc.'s R&D?

Over 4 years (2021 to 2025), Broadcom Inc.'s R&D has grown at a 22.6% compound annual growth rate (CAGR), from $4.85B to $10.98B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Broadcom Inc. AVGO R&D

R&D at other companies

Advanced Micro DevicesAMD

$2.4B+38.7%

Skyworks SolutionsSWKS

$212.4M+13.9%

IntelINTC

$3.38B-7.3%

Cisco Systems, Inc.CSCO

$2.38B+1.8%

NvidiaNVDA

$6.32B+58.5%

F5, Inc.FFIV

$151.04M+10.6%

Segments

By segment

See full

Semiconductor Solutions and Infrastructure Software$1.6B+5.0%

Other financials

Income statement

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Revenue$22.2B+47.9%

Gross profit$15.4B+51.2%

Operating income$10.8B+85.1%

Net income$9.3B+87.5%

EPS (diluted)$1.91+85.4%

Balance sheet

See full

Cash & equivalents$19.6B+107%

Total debt$69.0B-2.9%

Total equity$87.7B+26.0%

Total assets$179.16B+8.8%

Cash flow

See full

Operating cash flow$10.5B+60.1%

CapEx$231.0M+60.4%

Free cash flow$10.3B+60.1%

Valuation

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Market cap$1.8T+53.3%

Enterprise value$1.85T+49.7%

P/E61.5×-29.5×

P/S23.9×+3.3×

Profitability

See full

Gross margin68.3%+2.2pp

Operating margin43.4%+7.4pp

Net margin38.8%+16.2pp

FCF margin43.4%+3.6pp

Returns & leverage

See full

Return on equity37.3%+18.8pp

Debt / equity0.8×-0.2×

Current ratio2.2×+1.2×

Where this comes from

Reported directly by Broadcom Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Broadcom Inc.’s 10-Q, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Broadcom Inc.'s R&D?: Broadcom Inc. (AVGO) reported R&D of $3B in Q1 2026.
How has Broadcom Inc.'s R&D changed year-over-year?: Broadcom Inc.'s R&D increased by 11.2% year-over-year, from $2.69B to $3B.
What is the long-term trend for Broadcom Inc.'s R&D?: Over 4 years (2021 to 2025), Broadcom Inc.'s R&D has grown at a 22.6% compound annual growth rate (CAGR), from $4.85B to $10.98B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.