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Broadcom’s still in beast mode
Broadcom came in hot for Q3 FY2026, posting $29.6 billion in revenue — up 86% from a year ago — with GAAP diluted EPS of $2.68 and non-GAAP EPS of $3.32. That’s not a polite beat; that’s a full-on sprint.
The cash machine is real
The company also threw off $14.2 billion in cash from operations, which after $0.5 billion in capex left it with $13.7 billion in free cash flow. In other words: Broadcom isn’t just selling the AI dream, it’s turning that dream into actual money you can count.
Dividend? Yep, still here
Broadcom declared a quarterly common stock dividend of $0.65 per share, so shareholders get a little extra icing while the main cake keeps getting bigger. It’s a nice reminder that this is a growth story with a very mature-company checkbook.
The next quarter looks chunky too
Management said Q4 FY2026 revenue should land around $34.8 billion, which would be up 93% from the prior-year period. It also guided for non-GAAP operating income of about 66% of projected revenue, which is Wall Street-speak for: margins are still doing pilates.
Big picture: Broadcom keeps looking like one of the cleaner ways to play the AI infrastructure boom — strong results, strong cash flow, and guidance that doesn’t exactly scream “slowdown.”