OverviewSuggest Edit

Broadcom (formerly known as Avago Technologies) is a company that designs, develops, and supplies semiconductor and infrastructure software solutions. It operates through two segments. The first segment provides radio frequency semiconductor devices, wireless connectivity solutions, and custom touch controllers for mobile applications and the general industrial and automotive markets. The second segment offers mission critical fibre channel storage area networking (FC SAN) products and other software that enables customers to plan, develop, automate, manage, and secure applications across mainframe, distributed, mobile, and cloud platforms.
TypePublic
Founded1961
HQSan Jose, CA, US
Websitebroadcom.com
Overall CultureC+

Latest Updates

Employees (est.) (Oct 2021)20,000(-4%)
Job Openings691
Revenue (FY, 2021)$27.5 B(+15%)
Share Price (May 2022)$608.2(+5%)
Cybersecurity ratingAMore
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Key People/Management at Broadcom

Hock E. Tan

Hock E. Tan

President and Chief Executive Officer
Charlie Kawwas

Charlie Kawwas

Chief Operating Officer
Mark Brazeal

Mark Brazeal

Chief Legal and Corporate Affairs Officer
Alan Davidson

Alan Davidson

Chief Information Officer
Kirsten Spears

Kirsten Spears

Chief Financial Officer and Chief Accounting Officer
Andy Nallappan

Andy Nallappan

Chief Technology Officer and Head of Software Business Operations
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Broadcom Office Locations

Broadcom has offices in San Jose, Allentown, Andover, Austin and in 65 other locations
San Jose, CA, US (HQ)
1320 Ridder Park Dr
Allentown, PA, US
1110 American Pkwy Floor 1, 2
Andover, MA, US
200 Brickstone Square Floor 1, 4
Austin, TX, US
2901 Via Fortuna Drive, Suite 400
Breinigsville, PA, US
9999 Hamilton Blvd Bldg. 5
Broomfield, CO, US
4 Brocade Pkwy
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Broadcom Financials and Metrics

Broadcom Revenue

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Broadcom's revenue was reported to be $27.45 b in FY, 2021 which is a 14.9% increase from the previous period.
USD

Revenue (Q1, 2022)

7.7b

Gross profit (Q1, 2022)

5.0b

Gross profit margin (Q1, 2022), %

65.5%

Net income (Q1, 2022)

2.5b

EBIT (Q1, 2022)

3.1b

Market capitalization (17-May-2022)

251.1b

Closing stock price (17-May-2022)

608.2

Cash (30-Jan-2022)

10.2b

EV

280.4b
Broadcom's current market capitalization is $251.1 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

22.6b23.9b27.5b

Revenue growth, %

8%6%15%

Cost of goods sold

10.1b10.4b10.6b

Gross profit

12.5b13.5b16.8b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

5.9b5.7b5.8b6.7b6.6b6.8b7.7b

Cost of goods sold

2.6b2.6b2.5b2.7b2.6b2.6b2.7b

Gross profit

3.3b3.2b3.3b4.0b4.1b4.2b5.0b

Gross profit Margin, %

56%56%57%59%61%62%66%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

5.1b7.6b12.2b

Accounts Receivable

3.3b2.3b2.1b

Inventories

874.0m1.0b1.3b

Current Assets

9.9b11.9b16.6b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

6.4b9.2b8.9b9.6b9.5b11.1b10.2b

Accounts Receivable

3.7b3.2b2.7b2.5b2.4b2.2b2.5b

Inventories

944.0m953.0m1.1b952.0m1.0b1.2b1.5b

Current Assets

12.1b14.2b13.7b14.3b14.2b15.6b15.3b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

2.7b3.0b6.7b

Depreciation and Amortization

5.8b6.9b6.0b

Inventories

250.0m(31.0m)(294.0m)

Accounts Payable

(42.0m)(3.0m)243.0m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

385.0m948.0m1.6b1.4b2.9b4.7b2.5b

Depreciation and Amortization

1.7b3.5b5.2b1.5b3.0b4.5b1.3b

Inventories

40.0m30.0m(98.0m)51.0m(1.0m)(157.0m)(223.0m)

Accounts Payable

117.0m350.0m227.0m44.0m(14.0m)142.0m
USDFY, 2019

EV/EBIT

42.2 x

EV/CFO

15 x

Revenue/Employee

1.2m

Debt/Equity

1.3 x

Debt/Assets

0.5 x

Financial Leverage

2.7 x

P/E Ratio

46.1
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Broadcom Operating Metrics

FY, 2019FY, 2020FY, 2021

Facility Space Owned, sq. ft.

3.66 m3.41 m3.41 m

Facility Space, sq. ft.

6.05 m6.2 m5.62 m

Patents Issued

21.68 k22.77 k19.17 k

Patents Pending

1.59 k1.02 k511
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Broadcom Acquisitions / Subsidiaries

Company NameDateDeal Size
AppNetaDecember 07, 2021
Bay DynamicsDecember 31, 2019
NortonLifeLockJuly 04, 2019$15 b
Camel ExpeditionaryNovember 05, 2018$18.8 b
Brocade Communications SystemsNovember 17, 2017$6 b
MagnaComMay 17, 2016$50 m
BroadLogic Network TechnologiesJanuary 30, 2013
BroadLightMarch 21, 2012$230 m
NetLogic MicrosystemsSeptember 12, 2011$3.7 b
SCsquareMay 09, 2011$42 m
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Broadcom Revenue Breakdown

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Broadcom revenue breakdown by business segment: 74.3% from Semiconductor Solutions and 25.7% from Infrastructure Software

Broadcom revenue breakdown by geographic segment: 35.5% from China, 10.0% from Singapore, 19.3% from United States and 35.2% from Other

Human Capital Metrics

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Broadcom Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Broadcom Online and Social Media Presence

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Broadcom Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    B-

    70/100

  • Compensation

    B

    72/100

  • Diversity

    B

    70/100

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Broadcom News and Updates

Disaster Recovery-as-a-Service (DRaaS) Market Size to Grow by USD 40.97 bn growth | Amazon.com Inc. and Broadcom Inc. Among Key Vendors|Technavio

NEW YORK , May 18, 2022 /PRNewswire/ -- The disaster recovery-as-a-service (DRaaS) market size is expected to grow by USD 40.97 bn from 2020 to 2025, according to Technavio. The growth momentum of the market will accelerate at a CAGR of 44.65% during the forecast period. The market's...

Worldwide Automation Testing Industry to 2030 - Featuring Sauce Labs, AFour Technologies and Broadcom Among Others

Dublin, May 10, 2022 (GLOBE NEWSWIRE) -- The "Automation Testing Market Share, Size, Trends, Industry Analysis Report, By Testing Type; By Service; By Verticals; By Organization Size; By Region; Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering. The global a…

Worldwide Wi-Fi Industry to 2027 - Featuring Broadcom, Cisco Systems and Extreme Networks Among Others

Dublin, May 03, 2022 (GLOBE NEWSWIRE) -- The "Wi-Fi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global Wi-Fi market reached a value of US$ 24.2 billion in 2021. Looking forward, the market …

Broadcom under Antitrust scrutiny from FTC again - The Information

April 22 (Reuters) - Semiconductor maker Broadcom Inc (AVGO.O) is under scrutiny from the U.S. Federal Trade Commission following complaints it is forcing exclusive agreements with customers, The Information reported on Friday. Reporting by Tiyashi Datta in Bengaluru; Editing by Krishna Chandra ELu…

Broadcom Inc. Announces Pricing Terms of its Private Exchange Offers of Certain Outstanding Notes for New Notes

Broadcom Inc. (Nasdaq: AVGO) ("Broadcom" or the "Company") announced today the pricing terms of the Company's new notes due 2037 (the "New Notes") to be issued in connection with its offers to eligible holders (the "Exchange Offers") of the Company's or its subsidiaries' Existing Notes listed in th…

Broadcom launches Wi-Fi 7 chips

Broadcom’s new family of Wi-Fi 7 chips for enable will help implement the speed, latency and determinism, and features like multi-link operation offered by the new Wi-Fi standard.
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Broadcom Frequently Asked Questions

  • When was Broadcom founded?

    Broadcom was founded in 1961.

  • Who are Broadcom key executives?

    Broadcom's key executives are Hock E. Tan, Charlie Kawwas and Mark Brazeal.

  • How many employees does Broadcom have?

    Broadcom has 20,000 employees.

  • What is Broadcom revenue?

    Latest Broadcom annual revenue is $27.5 b.

  • What is Broadcom revenue per employee?

    Latest Broadcom revenue per employee is $1.4 m.

  • Who are Broadcom competitors?

    Competitors of Broadcom include Innovium, Richardson Electronics and MediaTek.

  • Where is Broadcom headquarters?

    Broadcom headquarters is located at 1320 Ridder Park Dr, San Jose.

  • Where are Broadcom offices?

    Broadcom has offices in San Jose, Allentown, Andover, Austin and in 65 other locations.

  • How many offices does Broadcom have?

    Broadcom has 77 offices.