Name: Broadcom Inc. (NASDAQ:AVGO) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

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.

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Current Assets: Selected Items

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

US$ in millions

	Aug 2, 2026	May 3, 2026	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	23,975)	19,628)	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	13,707)	10,830)	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	4,523)	4,328)	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	9,968)	7,427)	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	52,173)	42,213)	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	3,144)	2,788)	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)	97,801)	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	26,325)	28,333)	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	8,705)	8,023)	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	135,975)	136,945)	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	188,148)	179,158)	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)

The asset structure reveals a period of relative stability from early 2020 through late 2023, followed by a transformative expansion in early 2024. Total assets grew from 81,006 million USD in February 2020 to 188,148 million USD by August 2026, with the most significant inflection point occurring between October 2023 and February 2024.

Liquidity and Working Capital Trends: Cash and cash equivalents exhibited moderate volatility for several years, generally oscillating between 6,000 million USD and 14,000 million USD. However, a strong upward trajectory emerged after November 2024, culminating in a peak of 23,975 million USD by August 2026. Trade accounts receivable remained stable under 4,000 million USD until February 2024, after which they began a steep ascent, reaching 13,707 million USD by the end of the period. Inventory followed a similar pattern, rising marginally for years before accelerating from approximately 1,900 million USD in 2023 to 4,523 million USD in August 2026. This simultaneous increase in cash, receivables, and inventory suggests a significant scaling of operations and revenue activity.
Analysis of Long-Term Assets and Acquisitions: A substantial shift in the balance sheet occurred in February 2024, characterized by a massive increase in goodwill and intangible assets. Goodwill rose abruptly from 43,653 million USD in October 2023 to 97,586 million USD in February 2024, indicating a major acquisition. Net intangible assets also surged from 3,867 million USD to 47,185 million USD during the same interval. Following this spike, intangible assets have steadily declined to 26,325 million USD by August 2026, reflecting the expected effect of systematic amortization. Property, plant, and equipment remained the most stable asset category, with only a modest increase from 2,616 million USD in 2020 to 3,144 million USD in 2026.
Overall Asset Composition and Growth: The composition of total assets shifted from being primarily driven by legacy goodwill and intangibles to a more diversified base including higher current assets. Current assets grew from 12,109 million USD in February 2020 to 52,173 million USD by August 2026. The long-term asset base, which saw a jump from 52,014 million USD in late 2023 to 150,678 million USD in early 2024, remains the dominant component of the balance sheet, although the gradual amortization of intangibles has slightly offset the growth in other asset categories in recent quarters.

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Broadcom Inc. (NASDAQ:AVGO)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data