Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Broadcom Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Feb 1, 2026	Nov 2, 2025	Aug 3, 2025	May 4, 2025	Feb 2, 2025	Nov 3, 2024	Aug 4, 2024	May 5, 2024	Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020
Cash and cash equivalents	14,174)	16,178)	10,718)	9,472)	9,307)	9,348)	9,952)	9,809)	11,864)	14,189)	12,055)	11,553)	12,647)	12,416)	9,977)	9,005)	10,219)	12,163)	11,105)	9,518)	9,552)	7,618)	8,857)	9,207)	6,444)
Trade accounts receivable, net	8,460)	7,145)	6,494)	5,563)	4,955)	4,416)	4,665)	5,500)	4,969)	3,154)	2,914)	3,031)	3,234)	2,958)	2,708)	3,083)	2,539)	2,071)	2,234)	2,425)	2,524)	2,297)	2,684)	3,211)	3,651)
Inventory	2,962)	2,270)	2,180)	2,017)	1,908)	1,760)	1,894)	1,842)	1,920)	1,898)	1,842)	1,886)	1,899)	1,925)	1,838)	1,668)	1,520)	1,297)	1,160)	1,004)	952)	1,003)	1,081)	953)	944)
Other current assets	6,466)	5,980)	5,606)	5,129)	4,820)	4,071)	3,436)	8,151)	8,439)	1,606)	1,522)	1,401)	1,056)	1,205)	1,038)	1,054)	1,063)	1,055)	1,137)	1,298)	1,272)	977)	1,059)	851)	1,070)
Current assets	32,062)	31,573)	24,998)	22,181)	20,990)	19,595)	19,947)	25,302)	27,192)	20,847)	18,333)	17,871)	18,836)	18,504)	15,561)	14,810)	15,341)	16,586)	15,636)	14,245)	14,300)	11,895)	13,681)	14,222)	12,109)
Property, plant and equipment, net	2,599)	2,530)	2,451)	2,462)	2,465)	2,521)	2,602)	2,668)	2,662)	2,154)	2,180)	2,209)	2,201)	2,223)	2,250)	2,262)	2,303)	2,348)	2,370)	2,416)	2,496)	2,509)	2,567)	2,618)	2,616)
Goodwill	97,801)	97,801)	97,801)	97,801)	97,871)	97,873)	97,873)	97,873)	97,586)	43,653)	43,619)	43,614)	43,614)	43,614)	43,608)	43,603)	43,450)	43,450)	43,457)	43,457)	43,457)	43,447)	43,447)	43,457)	43,472)
Intangible assets, net	30,302)	32,273)	34,344)	36,393)	38,583)	40,583)	43,034)	45,407)	47,185)	3,867)	4,654)	5,434)	6,225)	7,111)	8,174)	9,241)	10,244)	11,374)	12,719)	14,068)	15,419)	16,782)	18,357)	19,909)	21,465)
Other long-term assets	7,139)	6,915)	6,027)	5,793)	5,449)	5,073)	4,510)	3,961)	3,245)	2,340)	2,809)	2,539)	2,100)	1,797)	1,733)	1,803)	1,886)	1,812)	1,698)	1,338)	1,300)	1,300)	1,246)	1,342)	1,344)
Long-term assets	137,841)	139,519)	140,623)	142,449)	144,368)	146,050)	148,019)	149,909)	150,678)	52,014)	53,262)	53,796)	54,140)	54,745)	55,765)	56,909)	57,883)	58,984)	60,244)	61,279)	62,672)	64,038)	65,617)	67,326)	68,897)
Total assets	169,903)	171,092)	165,621)	164,630)	165,358)	165,645)	167,966)	175,211)	177,870)	72,861)	71,595)	71,667)	72,976)	73,249)	71,326)	71,719)	73,224)	75,570)	75,880)	75,524)	76,972)	75,933)	79,298)	81,548)	81,006)

An examination of the asset composition reveals significant shifts over the observed period. Initially, from February 2020 to November 2020, current assets experienced volatility, peaking in May 2020 before declining. Long-term assets remained relatively stable during this initial phase. A notable inflection point occurs around January 2022, with a substantial increase in long-term assets, primarily driven by a dramatic rise in goodwill and intangible assets. This trend continues through October 2023, after which a significant restructuring appears to occur, with a reduction in these long-term asset categories in subsequent periods.

Cash and Cash Equivalents: Cash and cash equivalents fluctuated considerably. An initial increase from February to May 2020 was followed by a decline, then a general upward trend through October 2022. Subsequently, a decrease is observed, followed by another increase in late 2024 and early 2025, before stabilizing. This suggests active cash management and potentially strategic deployment of funds.
Trade Accounts Receivable, Net: Trade accounts receivable exhibited a generally increasing trend, particularly pronounced from January 2022 onwards. This increase suggests growing sales or potentially extended credit terms. The rise from October 2023 to February 2024 is particularly notable, indicating a substantial increase in outstanding receivables.
Inventory: Inventory levels demonstrated a consistent, albeit gradual, increase throughout the period. This suggests a build-up of stock, potentially in anticipation of future demand or due to supply chain considerations. The increase is more pronounced in the later periods, from 2023 to 2025.
Other Current Assets: Other current assets experienced significant volatility, with a substantial increase beginning in October 2023. This is a major driver of the overall increase in current assets during that period and warrants further investigation to understand the composition of these assets. The values in late 2024 and 2025 are considerably higher than previous periods.
Property, Plant, and Equipment, Net: Property, plant, and equipment remained relatively stable throughout the period, with only minor fluctuations. This indicates a consistent level of investment in fixed assets.
Goodwill and Intangible Assets: Goodwill and intangible assets experienced a dramatic increase starting in January 2022. This suggests significant acquisitions or internal investments in intangible value. The subsequent decline from late 2023 indicates potential write-downs, divestitures, or amortization of these assets. The magnitude of these assets relative to total assets is substantial, making their fluctuations particularly impactful.
Total Assets: Total assets mirrored the trends in long-term assets, with a significant increase beginning in January 2022. The peak in October 2023 is followed by a decrease, reflecting the changes in goodwill and intangible assets. The overall trend suggests a period of expansion followed by a potential restructuring or reassessment of asset values.

In summary, the asset composition underwent a significant transformation, particularly concerning long-term assets. The substantial increase in goodwill and intangible assets, followed by a subsequent decline, is a key feature of this period. The increasing trend in trade accounts receivable and inventory, coupled with the volatility in other current assets, also warrants further scrutiny. The changes observed suggest strategic shifts in the company’s investment and operational activities.

Broadcom Inc. (NASDAQ:AVGO)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Broadcom Inc. (NASDAQ:AVGO)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data