Broadcom (AVGO) This autumn 2025 Earnings Report Evaluation

Broadcom is scheduled to report its fourth-quarter earnings after market shut on Thursday.

Here is what analysts expect, based on LSEG:

• Earnings per share: $1.86, adjusted
• Income: $17.49 billion

Wall Avenue is anticipating Broadcom’s general income to extend 25% within the quarter led to October, from $14.05 billion a 12 months earlier.

Analysts expect the chipmaker to information for $1.95 in adjusted earnings per share on $18.27 billion in gross sales within the present quarter.

The report comes as buyers more and more see Broadcom as well-placed to capitalize on the AI infrastructure growth each with its customized chips, which it calls XPUs, and the networking expertise wanted to construct huge information facilities the place hundreds of AI chips work as one.

Broadcom inventory is at all-time highs and has climbed 75% to this point in 2025 as its customized chips, reminiscent of Google’s tensor processing models, are more and more seen as a rival to Nvidia’s AI chips. The corporate has a market cap of $1.91 trillion.

Google launched its newest AI mannequin, Gemini 3, in the course of the quarter, which it stated was educated completely on its TPU chips.

One other Broadcom AI buyer is OpenAI. The AI startup stated in October that it’ll begin deploying customized chips for AI developed with Broadcom beginning subsequent 12 months.

Broadcom CEO Hock Tan is predicted to debate the corporate’s pipeline of AI chips and companions with buyers on Thursday.

“We count on buyers to concentrate on FY26 AI income steerage, Google and OpenAI income contributions, and gross margin trajectory given the steep ramp of customized XPUs,” Goldman Sachs analyst James Schneider wrote in a observe final month. He has the equal of a purchase ranking on the inventory.

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