Broadcom stock reports 86 percent Q3 revenue growth

Published on 09/29/2026 at 14:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Broadcom stock's Q3 AI revenue reached USD 16.7 billion, up 221 percent year over year. Q4 guidance is USD 34.8 billion; EUR 310.73 at Lang & Schwarz was plus 1.20 percent versus EUR 307.05 on September 29, 2026.

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Broadcom (ISIN US11135F1012) stock was trading at EUR 310.73 at Lang & Schwarz on September 29, 2026, at 2:36 p.m. CEST, plus 1.20 percent versus the prior close of EUR 307.05. The semiconductor and infrastructure software company reported fiscal third-quarter revenue of USD 29.6 billion, up 86 percent year over year, according to PR Newswire on September 2, 2026.

AI revenue drives the quarter

Broadcom's Q3 AI semiconductor revenue reached USD 16.7 billion, up 221 percent from the prior-year quarter and 54 percent sequentially. The figure represented 56 percent of total revenue, giving artificial intelligence demand a larger role in the company's earnings profile.

GAAP operating income rose to USD 16.0 billion from USD 5.9 billion in Q3 fiscal 2025, while non-GAAP operating income reached USD 20.1 billion, up 92 percent year over year. GAAP diluted EPS was USD 2.68, compared with USD 0.85 in the prior-year quarter, according to PR Newswire.

Q4 guidance raises the bar

For fiscal fourth quarter 2026, Broadcom guided for revenue of USD 34.8 billion, up 93 percent year over year, and AI semiconductor revenue of USD 21.7 billion, up 236 percent. The company also expects non-GAAP operating margin of 66 percent.

That outlook places execution and supply capacity at the center of the investment case. The Q4 AI figure is USD 5.0 billion above Q3 AI revenue, while the company expects full-year fiscal 2026 AI revenue of USD 58.0 billion, up 186 percent year over year, according to Yahoo Finance on September 2, 2026.

Next results arrive in December

Broadcom's next reporting date is December 9, 2026, after the market close, as stated in the earnings-call transcript. The date gives investors a defined checkpoint for testing the USD 34.8 billion revenue outlook and the USD 21.7 billion AI revenue forecast.

Broadcom also generated USD 13.7 billion in Q3 free cash flow, equal to 46 percent of revenue, and approved a quarterly dividend of USD 0.65 per share. The combination of fast AI growth and high cash generation is the central operating fact behind the stock's current valuation.

Broadcom stock trades higher

Broadcom stock was trading at EUR 310.73 at Lang & Schwarz on September 29, 2026, at 2:36 p.m. CEST, plus 1.20 percent versus the prior close of EUR 307.05. The primary listing is Nasdaq, where the ticker is AVGO.