博通2026财年第三季度业绩

博通2026財年第三季度業績

Broadcom FY2026 Q3 Results

2026-09-02 · 长桥2026-09-02 · 長橋2026-09-02 · Longbridge

博通2026财年第三季度营业收入295.91亿美元,同比增长86.0%,与294.35亿美元的一致预期基本相符。净利润130.88亿美元,同比增长216.2%,比124.62亿美元的市场预期高出约5.0%;摊薄每股收益2.68美元,同比增长215.3%,较2.56美元的一致预期高出约4.6%。

博通2026財年第三季度營業收入295.91億美元,同比增長86.0%,與294.35億美元的一致預期基本相符。淨利潤130.88億美元,同比增長216.2%,比124.62億美元的市場預期高出約5.0%;攤薄每股收益2.68美元,同比增長215.3%,較2.56美元的一致預期高出約4.6%。

Broadcom's fiscal Q3 2026 net revenue was $29.59 billion, up 86.0% year-over-year, in line with the $29.43 billion consensus estimate. Net income reached $13.09 billion, up 216.2% year-over-year and about 5.0% above the $12.46 billion consensus; diluted EPS came in at $2.68, up 215.3% year-over-year and roughly 4.6% above the $2.56 consensus.

分部与利润率

分部與利潤率

Segments and margins

半导体解决方案收入208.39亿美元,同比增长127.0%,占营业收入的70.4%;基础设施软件收入87.52亿美元,同比增长29.0%,占比29.6%。其中AI半导体收入达167.00亿美元,同比增长221.0%,环比增长54.0%,是半导体解决方案分部增长的主要来源。当季毛利率69.1%,营业利润率53.9%,净利率44.2%。

半導體解決方案收入208.39億美元,同比增長127.0%,佔營業收入的70.4%;基礎設施軟體收入87.52億美元,同比增長29.0%,佔比29.6%。其中AI半導體收入達167.00億美元,同比增長221.0%,環比增長54.0%,是半導體解決方案分部增長的主要來源。當季毛利率69.1%,營業利潤率53.9%,淨利率44.2%。

Semiconductor solutions revenue was $20.84 billion, up 127.0% year-over-year and 70.4% of net revenue; infrastructure software revenue was $8.75 billion, up 29.0% year-over-year and 29.6% of the total. Within semiconductor solutions, AI semiconductor revenue reached $16.70 billion, up 221.0% year-over-year and 54.0% quarter-over-quarter, the main driver of that segment's growth. Gross margin for the quarter was 69.1%, operating margin 53.9%, and net margin 44.2%.

现金流

現金流

Cash flow

当季经营活动现金流141.97亿美元,约为净利润的1.08倍;资本开支5.32亿美元,规模较小。自由现金流136.65亿美元,同比增长94.5%,占营业收入的46.2%。

當季經營活動現金流141.97億美元,約為淨利潤的1.08倍;資本開支5.32億美元,規模較小。自由現金流136.65億美元,同比增長94.5%,佔營業收入的46.2%。

Operating cash flow for the quarter was $14.20 billion, about 1.08 times net income, against modest capital expenditures of $0.53 billion. Free cash flow came to $13.67 billion, up 94.5% year-over-year and equal to 46.2% of net revenue.

指引

指引

Guidance

公司预计2026财年第四季度营业收入约348.00亿美元,同比增长93.0%;非GAAP营业利润率指引约为营业收入的66%,与去年同期持平。管理层同时预计第四季度AI半导体收入将加速至约217.00亿美元,同比增长236.0%。

公司預計2026財年第四季度營業收入約348.00億美元,同比增長93.0%;非GAAP營業利潤率指引約為營業收入的66%,與去年同期持平。管理層同時預計第四季度AI半導體收入將加速至約217.00億美元,同比增長236.0%。

Broadcom guided fiscal Q4 2026 revenue to approximately $34.80 billion, up 93.0% year-over-year, with non-GAAP operating margin guidance of approximately 66% of projected revenue, flat from a year earlier. Management also expects Q4 AI semiconductor revenue to accelerate to approximately $21.70 billion, up 236.0% year-over-year.

数据以公司披露为准。本文仅供参考，不构成投资建议。數據以公司揭露為準。本文僅供參考，不構成投資建議。Figures are as reported by the company. For informational purposes only; not investment advice.