Broadcom reported Q2 FY2026 revenue of $22.187 billion** , up **47.9% YoY** . Gross margin rose to 69.48%. **GAAP net income jumped 87.5% to $9.31 billion ($1.93 per share). Operating cash flow reached **$10.49 billion** , free cash flow $10.26 billion .

AI semiconductor revenue came in at $10.8 billion** , up **143% YoY** , driven by custom AI accelerators and AI switch chips. The broader semiconductor solutions segment posted **$15.01 billion (+79%) .

For Q3 FY2026, Broadcom guides revenue of $29.4 billion** (+84% YoY), with AI semiconductor revenue expected to rise to **$16 billion (>200% YoY). Non‑GAAP operating margin is forecast at ~67%. The company declared a quarterly cash dividend of $0.65 per share (record date June 22, payable June 30).

ICgoodFind: Broadcom’s custom AI silicon and networking chips are on a tear – Q2 beat and Q3 guide confirm explosive demand.