Broadcom Inc. Q4 2025 Earnings Recap

Broadcom posted record fourth-quarter revenue of $18 billion, up 28% year-over-year, driven by robust growth in AI semiconductors and infrastructure software, setting the stage for continued expansion into 2026.

Key Takeaways

• AI semiconductor revenue surged 74% year over year, contributing $6.5 billion in Q4, while total semiconductor revenue reached $11.1 billion.
• Infrastructure software revenue increased 19% to $6.9 billion, bolstered by strong contract bookings, bringing the total backlog for this segment to $73 billion.
• Anticipating further momentum, Q1 2026 revenue is forecasted at $19.1 billion, with AI revenue expected to double year over year.
• Broadcom's total order backlog now exceeds $162 billion, highlighting significant growth prospects, particularly in AI infrastructure components.
• Adjusted EBITDA for Q4 reached a record $12.12 billion, representing 68% of revenue, outperforming previous guidance.