What changed
Broadcom printed Q3 FY26 adjusted EPS of $3.32, beating consensus of $3.24 by $0.08 (+2.5%). Revenue hit $29,591M, up 85.5% YoY, with Q4 FY26 revenue guided to $34.8B and non-GAAP operating margin guided to 66%. Demand for custom AI accelerators and networking drove the beat, with Q3 AI semiconductor revenue up 221% YoY.
Why it matters
Broadcom printed Q3 FY26 adjusted EPS of $3.32, beating consensus of $3.24 by $0.08 (+2.5%). Revenue hit $29,591M, up 85.5% YoY, with Q4 FY26 revenue guided to $34.8B and non-GAAP operating margin guided to 66%. Demand for custom AI accelerators and networking drove the beat, with Q3 AI semiconductor revenue up 221% YoY.