Broadcom Inc. — fact timeline

Broadcom Inc. reported second quarter ended May 3, 2026 results: revenue $22,187 million, net income GAAP net income of $9,310 million, EPS GAAP diluted EPS of $1.91. Guidance initiated.

“Exchange Act of 1934, as amended. --- EX-99.1 (EX-99.1) --- Broadcom Inc. Announces Second Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend • Revenue of $22,187 million for the second quarter, up 48 percent from the prior year period • GAAP net income of $9,310 million for the second quarter; Non-GAAP net income of $12,074 million for the second”

Broadcom Inc. reported first quarter ended February 1, 2026 results: revenue $19,311 million, net income GAAP net income of $7,349 million, EPS GAAP diluted EPS of $1.50. Guidance raised.

“Broadcom Inc. Announces First Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend • Revenue of $19,311 million for the first quarter, up 29 percent from the prior year period • GAAP net income of $7,349 million for the first quarter; Non-GAAP net income of $10,185 million for the first quarter • Adjusted EBITDA of $13,128 million for the first quarter, or 68 percent of revenue • GAAP diluted EPS of $1.50 for the first quarter; Non-GAAP diluted EPS of $2.05 for the first quarter • Cash from operations of $8,260 million for the first quarter, less capital expenditures of $250 million, resulted in $8,010 million of free cash flow, or 41 percent of revenue • Quarterly common stock dividend of $0.65 per share • Second quarter fiscal year 2026 revenue guidance of approximately $22.0 billion, an increase of 47 percent from the prior year period • Second quarter fiscal year 2026 Adjusted EBITDA guidance of approximately 68 percent of projected revenue”

Broadcom Inc. shareholders approved Advisory vote to approve the named executive officer compensation at the 2024-04-22 meeting.

“(3) An advisory vote to approve the named executive officer compensation was approved: For Against Abstain Broker Non-Votes 229,311,363 142,648,227 2,071,588 39,301,578”

Broadcom Inc. shareholders approved Ratify appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Broadcom for the fiscal year ending November 3, 2024 at the 2024-04-22 meeting.

“(2) A proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Broadcom for the fiscal year ending November 3, 2024 was approved: For Against Abstain Broker Non-Votes 407,021,832 6,040,713 270,211 0”

Broadcom Inc. shareholders approved Election of nine directors at the 2024-04-22 meeting.

“(1) The nine nominees were elected to serve as directors of Broadcom until the next annual meeting of stockholders or until their successors have been elected: Name For Against Abstain Broker Non-Votes Diane M. Bryant 342,815,163 30,824,708 391,307 39,301,578 Gayla J. Delly 366,931,674 6,743,168 356,336 39,301,578 Kenneth Y. Hao 373,177,617 477,990 375,571 39,301,578 Eddy W. Hartenstein 307,000,981 66,603,442 426,755 39,301,578 Check Kian Low 339,350,788 33,479,844 1,200,546 39,301,578 Justine F. Page 372,038,465 1,633,141 359,572 39,301,578 Henry Samueli, Ph.D. 366,501,903 7,212,280 316,995 39,301,578 Hock E. Tan 372,571,493 1,166,112 293,573 39,301,578 Harry L. You 297,387,819 76,252,051 391,308 39,301,578”

Broadcom Inc. reported first quarter ended February 4, 2024 results: revenue Revenue of $11,961 million, net income Non-GAAP net income of $5,254 million, EPS Non-GAAP diluted EPS of $10.99.

“Exchange Act of 1934, as amended. --- EX-99.1 (EX-99.1) --- Broadcom Inc. Announces First Quarter Fiscal Year 2024 Financial Results and Quarterly Dividend • Revenue of $11,961 million for the first quarter, up 34 percent from the prior year period • Cash from operations of $4,815 million for the first quarter, less capital expenditures of $122 million,”

Raul Fernandez departed as Director at Broadcom Inc..

“Raul Fernandez notified the Board that he does not intend to stand for re-election at Broadcom’s 2024 annual meeting of stockholders (the “2024 Annual Meeting”), effective February 5, 2024.”

Kenneth Y. Hao was appointed as Director at Broadcom Inc..

“On and effective February 5, 2024, the Board of Directors (the “Board”) of Broadcom Inc. (“Broadcom”) increased the size of the Board to ten members and appointed Kenneth Y. Hao, Chairman and Managing Partner of Silver Lake, as an independent member of the Board.”

Broadcom Inc. reported fiscal year 2024 results: revenue approximately $50.0 billion. Guidance initiated.

“Fiscal 2024 annual revenue guidance of approximately $50.0 billion including contribution from VMware, an increase of 40 percent from the prior year period”

Broadcom Inc. reported fiscal year ended October 29, 2023 results: revenue record $35.8 billion.

“Broadcom's fiscal year 2023 revenue grew 8% year-over-year to a record $35.8 billion, driven by investments in accelerators and network connectivity for AI by hyperscalers”

Broadcom Inc. reported fourth quarter results: revenue $9,295 million, net income $3,524 million, EPS $8.25.

“Exchange Act of 1934, as amended. --- EX-99.1 (EX-99.1) --- Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results and Quarterly Dividend • Revenue of $9,295 million for the fourth quarter, up 4 percent from the prior year period • Cash from operations of $4,828 million for the fourth quarter, less capital expenditures of $105 million,”

Broadcom Inc. announced a restructuring with charges of approximately $1.3 billion.

“the Company expects to take charges of approximately $1.3 billion through fiscal year 2025 for the implementation of cost reduction activities.”

Broadcom Inc. completed an acquisition involving VMware, Inc. for $142.50 in cash, without interest (the "Cash Consideration") per VMware Common Share; or 0.25200 of a share of common stock, par value $0.001 per share, of Broa (closed 2023-11-22).

“(“Broadcom”) completed its acquisition of VMware, Inc. (“VMware”) pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of May 26, 2022, by and among Broadcom, VMware, Verona Holdco, Inc., a direct wholly owned subsidiary of VMware (“Holdco”), Verona Merger Sub, Inc., a direct wholly owned subsidiary of Holdco (“Merger Sub 1”),”

Broadcom Inc. incurred term loan of $28,390,625,000.

“On November 22, 2023, Broadcom borrowed the full $28,390,625,000 available under the Credit Agreement to fund the Cash Consideration, to provide working capital to Broadcom and its subsidiaries, to refinance existing indebtedness of VMware and its subsidiaries and to pay related costs and expenses.”

Broadcom Inc. entered into Credit Agreement with the lenders named therein, Bank of America, N.A., as administrative agent, and the other parties from time to time party thereto valued at up to $28,390,625,000 (effective 2023-08-15).

“On August 15, 2023 (the "Effective Date"), Broadcom Inc., a Delaware corporation ("Broadcom"), entered into a Credit Agreement with the lenders named therein, Bank of America, N.A., as administrative agent, and the other parties from time to time party thereto (the "Credit Agreement").”

Broadcom Inc. reported second fiscal quarter ended April 30, 2023 results: revenue $8,733 million, net income $3,481 million (GAAP); $4,489 million (Non-GAAP), EPS $8.15 per diluted share (GAAP); $10.32 per diluted share (Non-GAAP). Guidance initiated.

“Exchange Act of 1934, as amended. --- EX-99.1 (EX-99.1) --- Broadcom Inc. Announces Second Quarter Fiscal Year 2023 Financial Results and Quarterly Dividend • Revenue of $8,733 million for the second quarter, up 8 percent from the prior year period • Adjusted EBITDA of $5,686 million for the second quarter • Non-GAAP diluted EPS of $10.32 for the second”

Broadcom Inc. shareholders approved Advisory vote on the frequency of advisory vote on named executive officer compensation at the 2023-04-03 meeting.

“(5) A majority of stockholders voted for 1 Year on an advisory vote on the frequency of the advisory vote on named executive officer compensation: 1 year 2 years 3 years Abstain Broker Non-Votes 333,255,177 266,327 4,041,121 1,581,725 33,995,313”

Broadcom Inc. shareholders rejected Advisory vote to approve named executive officer compensation at the 2023-04-03 meeting.

“(4) An advisory vote to approve the named executive officer compensation was not approved: For Against Abstain Broker Non-Votes 109,116,393 228,382,090 1,645,867 33,995,313”

Broadcom Inc. shareholders approved Approve amendment and restatement of the 2012 Stock Incentive Plan at the 2023-04-03 meeting.

“(3) A proposal to approve an amendment and restatement of the 2012 Stock Incentive Plan was approved: For Against Abstain Broker Non-Votes 243,920,225 93,648,191 1,575,934 33,995,313”

Broadcom Inc. shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm at the 2023-04-03 meeting.

“(2) A proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Broadcom for the fiscal year ending October 29, 2023 was approved: For Against Abstain Broker Non-Votes 368,187,655 4,664,492 287,516 0”

Broadcom Inc. shareholders approved Election of Directors at the 2023-04-03 meeting.

“(1) T he nine nominees were elected to serve as directors of Broadcom until the next annual meeting of stockholders or until their successors have been elected: Name For Against Abstain Broker Non-Votes Diane M. Bryant 305,968,175 32,990,597 185,578 33,995,313 Gayla J. Delly 335,250,160 3,712,380 181,810 33,995,313 Raul J. Fernandez 335,050,222 3,892,636 201,492 33,995,313 Eddy W. Hartenstein 270,500,911 68,445,897 197,542 33,995,313 Check Kian Low 302,879,425 36,075,842 189,083 33,995,313 Justine F. Page 337,145,694 1,821,578 177,078 33,995,313 Henry Samueli, Ph.D. 331,420,390 7,565,207 158,753 33,995,313 Hock E. Tan 338,356,295 647,634 140,421 33,995,313 Harry L. You 206,154,557 132,804,793 185,000 33,995,313”

Broadcom Inc. reported first quarter of fiscal year 2023, ended January 29, 2023 results: revenue $8,915 million, net income $3,774 million, EPS $8.80. Guidance reaffirmed.

“Exchange Act of 1934, as amended. --- EX-99.1 (EX-99.1) --- Broadcom Inc. Announces First Quarter Fiscal Year 2023 Financial Results and Quarterly Dividend • Revenue of $8,915 million for the first quarter, up 16 percent from the prior year period • Adjusted EBITDA of $5,678 million for the first quarter • Non-GAAP diluted EPS of $10.33 for the first quarter;”