Abstract
Broadcom will report its fiscal Q4 2025 results on December 11, 2025 Post Market; this preview summarizes consensus expectations, last quarter performance, segment dynamics, and prevailing analyst views to frame the near-term earnings setup.
Market Forecast
For the current quarter, Broadcom’s revenue is projected at USD 1,749.17 hundred million with a year-over-year increase of 24.14%, EBIT at USD 1,192.15 hundred million with an estimated year-over-year growth of 38.59%, and adjusted EPS forecast at USD 1.86 with an estimated year-over-year growth of 34.70%. Consensus implies sustained high profitability, with a carryover of last quarter’s gross profit margin of 76.78% and net profit margin of 25.95% into the outlook; net profit is expected to expand on disciplined cost control and favorable mix, supporting double-digit adjusted EPS growth.
Broadcom’s main business remains diversified across Semiconductor Solutions and Infrastructure Software, with management’s outlook emphasizing demand in AI-centric networking, custom accelerators, and software subscriptions to underpin steady revenue and margin resilience. The most promising segment is Semiconductor Solutions, with last quarter revenue of USD 91.66 hundred million and significant year-over-year momentum supported by hyperscale investment and next-generation networking deployment.
Last Quarter Review
Broadcom’s prior quarter delivered revenue of USD 1,595.20 hundred million, gross profit margin of 76.78%, GAAP net profit attributable to the parent company of USD 41.40 hundred million (quarter-on-quarter change of -16.62%), net profit margin of 25.95%, and adjusted EPS of USD 1.69, reflecting a year-over-year increase of 36.29%.
A notable highlight was the margin profile, with gross margin at 76.78% reflecting robust pricing, product mix, and supply-chain discipline. Main business highlights included Semiconductor Solutions revenue of USD 91.66 hundred million and Infrastructure Software revenue of USD 67.86 hundred million, with the former driven by AI networking and ASIC programs and the latter anchored by subscription renewals and cross-selling.
Current Quarter Outlook
Semiconductor Solutions
Semiconductor Solutions is positioned to lead near-term growth, backed by orders from cloud and enterprise customers for high-performance networking silicon, custom accelerators, and specialized connectivity. The forecast points to broad-based strength tied to hyperscale capex and AI infrastructure build-outs that expand switch, optics, and ASIC demand footprints. Product mix is skewing toward higher-value parts supporting margin durability, while production ramps are normalizing lead times and improving shipment linearity across the quarter. Risks to monitor include any timing shifts in hyperscale deployments and component availability, but order visibility appears favorable relative to earlier-year pacing and supports low-double-digit sequential performance, with year-over-year momentum aligned with the projected revenue growth of 24.14% this quarter.
Infrastructure Software
Infrastructure Software should deliver stable, cash-generative results anchored by recurring subscription and maintenance revenues. Renewal rates and price realization continue to act as stabilizers for consolidated margins, and cross-selling across the installed base supports modest uplift in average contract value. Management’s focus on portfolio rationalization and operational efficiency should keep EBIT conversion robust, complementing Semiconductor Solutions’ growth. The segment may see lighter new-license contribution compared with hardware-driven momentum, yet the mix still underpins overall EPS growth and reduces volatility in consolidated financials. Given prior-quarter revenue of USD 67.86 hundred million, the quarter’s contribution is expected to be steady with incremental gains from cloud-native and security-related modules.
Key Stock Price Drivers This Quarter
Stock performance this quarter is sensitive to delivery timing on AI-related orders and the pace of hyperscale network upgrades. Upside can come from better-than-expected Semiconductor Solutions shipments and improved hardware margins from favorable product mix and disciplined cost structure, leading to EBIT outperformance against the USD 1,192.15 hundred million forecast. Investor attention is also on adjusted EPS leverage relative to revenue growth; achieving or surpassing USD 1.86 on EPS with sustained gross margin near 76.78% would validate operating efficiency and scale benefits. On the software side, confirmation of stable renewals and potentially higher net retention would reinforce the narrative of predictable cash flows and capital returns.
Analyst Opinions
Across recent institutional commentaries, the tone is predominantly bullish, with the majority highlighting continued AI infrastructure tailwinds, strong mix in networking silicon, and resilient subscription economics in software. Positive views emphasize that Broadcom’s projected revenue of USD 1,749.17 hundred million and EBIT of USD 1,192.15 hundred million indicate healthy operating leverage into fiscal Q4 2025, with adjusted EPS at USD 1.86 supported by scale and mix. Analysts argue that the quarter’s setup reflects balanced execution across hardware and software, pointing to upside if AI-related shipments land earlier in the quarter and software renewals exceed plan, while cautioning on near-term volatility if hyperscale timing shifts occur late in the period. The prevailing perspective expects Broadcom to meet or slightly exceed forecasts, anchored by demand durability and margin resilience, and positions the stock favorably into the print.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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