Broadcom Reports Record Q1 FY2025 Results and Announces Quarterly Dividend
Palo Alto, Calif., March 6, 2025 – Broadcom Inc. (Nasdaq: AVGO), a leading provider of semiconductor and infrastructure software solutions, announced record-breaking financial results for the first quarter of fiscal year 2025, which ended February 2, 2025. The company also provided Q2 guidance and declared a quarterly dividend.

Q1 FY2025 Financial Highlights (YoY Growth)
Revenue: $14.92 billion, up 25% from Q1 FY2024.
GAAP Net Income: $5.50 billion.
Non-GAAP Net Income: $7.82 billion.
Adjusted EBITDA: $10.08 billion, or 68% of revenue, up 41%.
GAAP Diluted EPS: $1.14.
Non-GAAP Diluted EPS: $1.60.
Cash Flow from Operations: $6.11 billion.
Free Cash Flow: $6.01 billion, or 40% of revenue.
Quarterly Dividend: $0.59 per share.
AI and Infrastructure Software Drive Growth
AI Semiconductor Revenue: $4.1 billion, up 77% YoY.
Infrastructure Software Revenue: $6.7 billion, up 47% YoY.
"Broadcom’s record Q1 performance was fueled by strong demand for AI semiconductor solutions and infrastructure software," said Hock Tan, President and CEO. "We anticipate continued AI strength in Q2, with AI semiconductor revenue reaching $4.4 billion as hyperscale partners invest in AI XPUs and connectivity solutions."

Q2 FY2025 Guidance
Revenue: Approximately $14.9 billion, up 19% YoY.
Adjusted EBITDA: Approximately 66% of projected revenue.
"Our strong financial performance reflects growing demand across our AI and infrastructure segments," said Kirsten Spears, CFO. "Free cash flow grew 28% YoY, positioning us well for continued investment and shareholder returns."