10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BROADCOM INC. | |||
Ticker: AVGO Fiscal Year: 2022 | |||
Consolidated Statements of Operations | |||
Period Ending Oct 30, 2022 10-K (Filed: Dec 16, 2022) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | |
| Total net revenue | $ 33,203 | 27,450 | 23,888 |
| Cost of revenue: | |||
| Cost of products sold | 7,629 | 6,555 | 5,892 |
| Cost of subscriptions and services | 627 | 607 | 626 |
| Amortization of acquisition-related intangible assets | 2,847 | 3,427 | 3,819 |
| Restructuring charges | 5 | 17 | 35 |
| Total cost of revenue | 11,108 | 10,606 | 10,372 |
| Gross margin | 22,095 | 16,844 | 13,516 |
| Research and development | 4,919 | 4,854 | 4,968 |
| Selling, general and administrative | 1,382 | 1,347 | 1,935 |
| Amortization of acquisition-related intangible assets | 1,512 | 1,976 | 2,401 |
| Restructuring, impairment and disposal charges | 57 | 148 | 198 |
| Total operating expenses | 7,870 | 8,325 | 9,502 |
| Operating income | 14,225 | 8,519 | 4,014 |
| Interest expense | (1,737) | (1,885) | (1,777) |
| Other income (expense), net | (54) | 131 | 206 |
| Income from continuing operations before income taxes | 12,434 | 6,765 | 2,443 |
| Provision for (benefit from) income taxes | 939 | 29 | (518) |
| Income from continuing operations | 11,495 | 6,736 | 2,961 |
| Loss from discontinued operations, net of income taxes | 0 | 0 | (1) |
| Net income | 11,495 | 6,736 | 2,960 |
| Dividends on preferred stock | (272) | (299) | (297) |
| Net income attributable to common stock | 11,223 | 6,437 | 2,663 |
| Net income per share: | |||
| Net income per share: | |||
| Basic net income per share (in dollars per share) | 27.44 | 15.70 | 6.62 |
| Diluted income per share: | |||
| Diluted net income per share (in dollars per share) | 26.53 | 15.00 | 6.33 |
| Weighted-average shares: | |||
| Basic | 409 | 410 | 402 |
| Diluted | 423 | 429 | 421 |
| Product and Service | |||
| Products | |||
| Total net revenue | 26,277 | 20,886 | 17,435 |
| Subscriptions and services | |||
| Total net revenue | 6,926 | 6,564 | 6,453 |
| External Links | |
| BROADCOM INC. (AVGO) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |