
• Reported GAAP EPS of $1.55 up 32.48% YoY • Reported revenue of $19.31B up 29.47% YoY • Broadcom guides for second quarter fiscal year 2026 revenue of approximately $22B, a 47 percent increase year-over-year, with Adjusted EBITDA expected to be approximately 68 percent of projected revenue.
Bullish
Broadcom achieved record revenue and Adjusted EBITDA, driven by strong AI semiconductor solutions growth of 106%, while also returning $10.9B to shareholders and authorizing a new $10B repurchase program.
Bearish
Broadcom's cash and cash equivalents decreased, and the company faces risks from supply chain dependence and market cyclicality, alongside challenges in reconciling non-GAAP financial information.