How did Broadcom's revenue and expenses trend in Q1 2025?
3/29/2025 07:10pm
Broadcom's revenue and expenses in Q1 2025 are as follows:
1. **Revenue Trend**: Broadcom reported a significant increase in revenue, driven by robust demand in the AI semiconductor and infrastructure software sectors. The company's total revenue for the quarter was $14.9 billion, marking a 25% year-on-year growth. This growth was particularly notable in the AI segment, where revenue surged by 77% to $4.1 billion. Infrastructure software revenue also experienced a substantial increase, growing by 47% to $6.7 billion. The semiconductor solutions segment contributed $8.2 billion to the net revenue, reflecting an 11% year-on-year increase.
2. **Expense Trend**: Broadcom's expenses in Q1 2025 were effectively managed, as evidenced by the significant increase in free cash flow. The company reported a 28% increase in free cash flow, reaching $6 billion. This was accompanied by a rise in adjusted EBITDA, which climbed by 41% year-on-year to $10.1 billion. Gross margins expanded to 68%, indicating efficient cost management and strong operational performance. The net income for the quarter was $5.503 billion, representing a significant increase from the previous year.