{
  "url": "https://struct.news/briefs/broadcoms-ai-surge-brought-86-growth-and-a-108-inventory-build",
  "title": "Broadcom’s AI surge brought 86% growth and a 108% inventory build",
  "summary": "Operating income rose 171% in the nine months ended August 2, while inventory and receivables each grew faster than revenue.",
  "published_at": "2026-09-10T10:02:58.624782+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Broadcom Inc.",
    "ticker": "AVGO",
    "cik": "1730168",
    "sector": "Technology",
    "industry": "Semiconductors"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-09-10",
    "accession": "0001730168-26-000080",
    "url": "https://www.sec.gov/Archives/edgar/data/1730168/000173016826000080/avgo-20260802.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-09-10",
    "url": "https://www.sec.gov/Archives/edgar/data/1730168/000173016825000098/avgo-20250803.htm"
  },
  "reported_figures": [
    {
      "group": "Broadcom’s operating expansion",
      "label": "Revenue",
      "value": 63887000000,
      "display": "$63.9B",
      "unit": "usd",
      "period": "2025-11-02",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001730168-26-000080",
        "filing_date": "2026-09-10"
      }
    },
    {
      "group": "Broadcom’s operating expansion",
      "label": "Operating margin",
      "value": 39.889179332258514,
      "display": "+39.9%",
      "unit": "percent",
      "period": "2025-11-02",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001730168-26-000080",
        "filing_date": "2026-09-10"
      }
    },
    {
      "group": "Broadcom’s operating expansion",
      "label": "Market cap",
      "value": 1768117755000,
      "display": "$1768.1B",
      "unit": "usd",
      "period": "2025-11-02",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-09-09"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Broadcom reported strong product demand for AI-related semiconductor solutions as semiconductor revenue more than doubled.",
      "importance": "medium",
      "evidence": "The increases were primarily due to strong product demand for our AI-related semiconductor solutions.",
      "source_date": "2026-09-10"
    },
    {
      "type": "demand",
      "statement": "Infrastructure software growth was tied to strong VMware Cloud Foundation demand and license revenue recognized on non-terminable contracts.",
      "importance": "medium",
      "evidence": "Net revenue from our infrastructure software segment increased in the fiscal quarter and three fiscal quarters ended August 2, 2026 compared to the prior year fiscal periods primarily due to strong demand for our VMware Cloud Foundation (“VCF”) product, including additional license revenue recognized on contracts where customers do not have the right to terminate.",
      "source_date": "2026-09-10"
    }
  ],
  "related_tickers": [
    "AVGO"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}