Oct 27, 4:23 PM ET
Broadcom said financial partners took on part of certain agreements to buy AI racks built on its custom accelerators, along with related customer leases. The company is providing residual value support to a newly formed special purpose vehicle, with maximum potential liability of approximately $43 billion on an undiscounted basis once the racks are deployed. Shareholders face a large contingent obligation, which the company says it views as having a low probability of occurring.
- Arrangement dated October 26, 2026, with financial partners taking on a portion of AI rack purchase agreements and related customer leases
- Residual value support provided to a newly formed special purpose vehicle called the Backstop
- Maximum potential liability of approximately $43 billion, undiscounted, upon deployment of the AI racks
- Potential liability equals the difference between 72.5% of outstanding lease amounts and the value of the racks sold
Read the filing on SEC.gov ↗
Sep 2, 4:26 PM ET
Broadcom reported unaudited third-quarter fiscal 2026 results for the quarter ended August 2, 2026, with revenue of $29.6 billion, up 86% from a year earlier, and GAAP diluted EPS of $2.68, up from $0.85. The company guided fourth-quarter revenue to approximately $34.8 billion, up 93% year over year, and declared a $0.65 per share quarterly dividend, which shareholders of record on September 21, 2026 will receive on September 30, 2026.
- Q3 net revenue $29.6 billion, up 86% year over year; AI semiconductor revenue $16.7 billion, up 221%
- GAAP net income $13.1 billion and diluted EPS $2.68 vs. $0.85 a year earlier; non-GAAP diluted EPS $3.32
- Q3 free cash flow $13.7 billion; cash and cash equivalents $24.0 billion at quarter end
- Q4 revenue guidance about $34.8 billion; quarterly dividend $0.65 per share payable September 30, 2026
Read the filing on SEC.gov ↗
Jul 6, 8:00 AM ET
Broadcom and Apple agreed to extend their long-standing technology collaboration through 2031 under new multi-year agreements. Broadcom will develop and supply custom ASIC silicon products for multiple generations of Apple products, but the filing does not disclose financial terms.
- Agreements extend the Broadcom-Apple collaboration through 2031.
- Broadcom will develop and supply a range of custom ASIC silicon products for multiple generations of Apple products.
- The filing gives no dollar value, revenue estimate or contract length beyond the 2031 timeframe.
Read the filing on SEC.gov ↗
Jun 18, 9:00 AM ET
Broadcom said its cash tender offers for certain senior notes expired on June 17, 2026, and raised the aggregate purchase cap from $2.5 billion to $3.0 billion. About $5.5 billion of notes were tendered, and about $2.9 billion was accepted for purchase, all from the 4.926% notes due 2037 and the 4.900% notes due 2038.
- Consideration cap raised from $2.5 billion to $3.0 billion, excluding accrued coupon payments.
- About $5.5 billion of notes were validly tendered by the June 17, 2026 expiration; about $2.9 billion was accepted.
- Accepted: $1,843,836,000 of 4.926% notes due 2037 at $982.01 per $1,000 principal, and $1,050,537,000 of 4.900% notes due 2038 at $970.29 per $1,000.
- Initial settlement is expected June 18, 2026; guaranteed delivery settlement is expected June 23, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.