Company Growth (employees)
Broadcom was founded in 1991 and is headquartered in San Jose, US
Key People at Broadcom
Hock Tan
President and Chief Executive Officer
Tom Krause
Chief Financial Officer
Charlie Kawwas
Senior Vice President and Chief Sales Officer
Henry Samueli
Chief Technical Officer
Broadcom Office Locations
Broadcom has offices in San Jose, Irvine, San Diego, Chandler and in 4 other locations
San Jose, US (HQ)
1320 Ridder Park Dr
Longmont, US
2605 Trade Centre Ave
Petaluma, US
1351 Redwood Way
Sunnyvale, US
190 Mathilda Pl
Santa Clara, US
2451 Mission College Blvd
Santa Clara, US
3975 Freedom Cir
Broadcom Data and Metrics
Broadcom Financial Metrics
Broadcom's revenue was reported to be $4.2 b in Q2, 2017
USD
Revenue (Q2, 2017) | 4.2 b |
Gross profit (Q2, 2017) | 2.6 b |
Gross profit margin (Q2, 2017), % | 63% |
Net income (Q2, 2017) | 464 m |
EBIT (Q2, 2017) | 474 m |
Market capitalization (22-Aug-2017) | 112.7 b |
Cash (30-Apr-2017) | 4.3 b |
Broadcom's current market capitalization is $112.7 b.
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 8.3 b | 8.4 b | 6.8 b | 13.2 b |
Revenue growth, % | 1% | (19%) | 94% | |
Cost of goods sold | 4.1 b | 4.1 b | 2.8 b | 5.3 b |
Gross profit | 4.2 b | 4.3 b | 4.1 b | 7.9 b |
Gross profit Margin, % | 51% | 51% | 60% | 60% |
R&D expense | 2.7 b | |||
General and administrative expense | 806 m | |||
Operating expense total | 3.5 b | |||
EBIT | 472 m | 694 m | 1.6 b | (409 m) |
EBIT margin, % | 6% | 8% | 24% | (3%) |
Interest expense | 30 m | 36 m | 191 m | 585 m |
Pre tax profit | 445 m | 667 m | 1.5 b | (1.1 b) |
Income tax expense | 21 m | 15 m | 76 m | 642 m |
Net Income | 424 m | 652 m | 1.4 b | (1.9 b) |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|
Revenue | 1.8 b | 3.5 b | 3.8 b | 4.1 b | 4.2 b |
Cost of goods sold | 699 m | 1.4 b | 1.5 b | 1.6 b | 1.6 b |
Gross profit | 1.1 b | 2.1 b | 2.3 b | 2.6 b | 2.6 b |
Gross profit Margin, % | 61% | 59% | 60% | 62% | 63% |
R&D expense | 267 m | 787 m | 814 m | 808 m | 829 m |
General and administrative expense | 114 m | 238 m | 230 m | 201 m | 204 m |
Operating expense total | 381 m | 1 b | 1 b | 1 b | 1 b |
EBIT | 475 m | (1 b) | (264 m) | 506 m | 474 m |
EBIT margin, % | 27% | (28%) | (7%) | 12% | 11% |
Interest expense | 84 m | 256 m | 139 m | 111 m | 112 m |
Pre tax profit | 394 m | (1.3 b) | (420 m) | 267 m | 365 m |
Income tax expense | 17 m | (99 m) | (117 m) | 10 m | |
Net Income | 377 m | (1.3 b) | (315 m) | 252 m | 464 m |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 1.7 b | 2.5 b | 1.8 b | 3.1 b |
Accounts Receivable | 2.2 b | |||
Inventories | 163 m | 131 m | 524 m | 1.4 b |
Current Assets | 3.9 b | 5.1 b | 3.8 b | 7.1 b |
PP&E | 593 m | 516 m | 1.5 b | 2.5 b |
Goodwill | 3.8 b | 3.7 b | 1.7 b | 24.7 b |
Total Assets | 11.5 b | 12.5 b | 10.5 b | 50 b |
Accounts Payable | 585 m | 503 m | 617 m | 1.3 b |
Total Debt | 1.4 b | 1.6 b | 3.9 b | 13.6 b |
Current Liabilities | 1.5 b | 1.6 b | 1.1 b | 3.1 b |
Total Liabilities | 5.8 b | 28.1 b | ||
Additional Paid-in Capital | 12.5 b | 12.6 b | 2.5 b | 19.2 b |
Retained Earnings | (4.1 b) | (3.5 b) | 2.2 b | (215 m) |
Total Equity | 8.4 b | 4.7 b | 18.9 b | |
Debt to Equity Ratio | 0.2 x | 0.8 x | 0.7 x | |
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.4 x | 0.3 x |
Financial Leverage | 1.4 x | 2.2 x | 2.6 x |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|
Cash | 2.2 b | 2 b | 2 b | 3.5 b | 4.3 b |
Accounts Receivable | 1.1 b | 1.9 b | 2.2 b | 1.9 b | 2.1 b |
Inventories | 490 m | 1.5 b | 1.3 b | 1.3 b | 1.3 b |
Current Assets | 4 b | 6.7 b | 6 b | 7.4 b | 8.5 b |
PP&E | 1.5 b | 2.5 b | 2.6 b | 2.6 b | 2.8 b |
Goodwill | 1.7 b | 24.8 b | 24.8 b | 24.7 b | 24.7 b |
Total Assets | 10.8 b | 51.4 b | 49.8 b | 49.6 b | 49.8 b |
Accounts Payable | 523 m | 985 m | 1.1 b | 1 b | 925 m |
Current Liabilities | 862 m | 2.7 b | 2.7 b | 2.1 b | 2.1 b |
Retained Earnings | 2.5 b | 1.1 b | 619 m | (337 m) | (311 m) |
Total Equity | 5.1 b | 22.8 b | 22.5 b | 22 b | 22.3 b |
Financial Leverage | 2.1 x | 2.3 x | 2.2 x | 2.3 x | 2.2 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 424 m | 652 m | 1.4 b | (1.9 b) |
Depreciation and Amortization | 3 b | |||
Accounts Receivable | (55 m) | (70 m) | (187 m) | (491 m) |
Inventories | 2 m | 193 m | 62 m | 996 m |
Accounts Payable | 24 m | 13 m | 29 m | 33 m |
Cash From Operating Activities | 1.8 b | 1.9 b | 2.3 b | 3.4 b |
Purchases of PP&E | (723 m) | |||
Cash From Investing Activities | (996 m) | (914 m) | (241 m) | (9.8 b) |
Long-term Borrowings | (300 m) | (12 m) | (1.6 b) | (9.8 b) |
Dividends Paid | (254 m) | (283 m) | (408 m) | (750 m) |
Cash From Financing Activities | (749 m) | (123 m) | (1.9 b) | 7.7 b |
Interest Paid | 40 m | 43 m | 172 m | 448 m |
Income Taxes Paid | 18 m | 27 m | 138 m | 242 m |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|
Net Income | 377 m | (1.3 b) | (315 m) | 252 m | 464 m |
Depreciation and Amortization | 130 m | 198 m | 211 m | ||
Inventories | 490 m | 1.5 b | 1.3 b | 1.3 b | 1.3 b |
Accounts Payable | 523 m | 985 m | 1.1 b | 1 b | 925 m |
| Y, 2017 | |
|---|---|
Financial Leverage | 2.2 x |
Broadcom Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Brocade | November 02, 2016 | $5.9 b |
Broadcom Market Value History
Broadcom Revenue Breakdown
Broadcom Median Salaries
Source: 1.7 k public H-1B filings from Broadcom
Market Position of Broadcom
Traffic Overview of Broadcom
Broadcom Online and Social Media Presence
Broadcom News and Updates
August 15, 2017
Broadcom’s Max WiFi chips will speed wireless networks 4 to 6X
Broadcom is unveiling its Max WiFi chips today based on the next-generation Wi-Fi standard, 802.11ax, which is designed to improve download speeds by four times and upload speeds by six times. Max WiFi also promises four times better coverage and seven times better battery life than the current 802.…
November 03, 2016
Broadcom to buy network gear maker Brocade for $5.5 billion
(Reuters) – Chipmaker Broadcom said it would buy Brocade Communications Systems for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers. The deal, the latest in a consolidating chip sector, will allow Broadcom to corner a larger share of the data cent…
November 02, 2016
Broadcom to Buy Brocade Communications for $5.5 Billion
It is the latest deal in the rapidly consolidating semiconductor sector, where companies are seeking greater scale and a larger array of products.
November 02, 2016
Broadcom acquires Brocade in $5.9 billion deal
Broadcom, Ltd bought Brocade Communications Systems today for $5.9 billion, giving the company a foothold far beyond chips in the networking storage business. It’s quite a nice deal for Brocade shareholders, who gain a 47 percent premium over the $8.69 closing price last Friday night (October 28th)…
November 02, 2016
Broadcom is buying Brocade Communications for $5.9 billion (BRCM, BRCD)
Broadcom has agreed to buy Brocade Communications for $5.9 billion.
According to a statement on Wednesday, Broadcom, a semiconductor maker, will pay $12.75 per share for the data-storage and networking provider. The deal is valued at $5.5 billion in cash, and $400 million of…