Broadcom's Q2 2026 earnings announcement on 4 June 2026 attracted broad market attention after the company issued a sales growth forecast that Bloomberg described as disappointing, triggering a selloff across technology stocks and unwinding gains in the artificial-intelligence sector [Brief - 2026-06-04]. Nasdaq 100 futures declined ahead of the US cash open on that date, with the announcement cited as a primary driver [Brief - 2026-06-09]. The reaction extended into Asian equities the following session, with market commentary linking the decline directly to Broadcom's guidance [Brief - 2026-06-05].
Broadcom's trailing twelve-month revenue stood at $75.47 billion as of the most recent filing, representing year-over-year growth of 47.9%. Net income for the same period was $29.32 billion, with a net margin of 38.8% and an operating margin of 43.4%. Gross margin was recorded at 68.3%. EPS grew 85.4% year-over-year. The company held $19.63 billion in cash against total debt of $67.16 billion. The P/E ratio was 63.57, and market capitalisation was approximately $1.82 trillion at the time of filing [SEC 10-Q - AVGO - 2026-05-03].
Insider activity over the past 30 days recorded 28 transactions with a net direction of selling, totalling a net disposal value of approximately $2.80 million [SEC Form 4 - AVGO - 2026-06]. Among institutional holders, Citadel reduced its position by 20% and Millennium reduced its position by 27% in the most recent reporting period. In contrast, AQR Capital added 38% to its position, Tiger Global added 25%, and Bridgewater added 57% [SEC 13F - Citadel - Q1 2026; SEC 13F - Millennium - Q1 2026; SEC 13F - AQR Capital - Q1 2026; SEC 13F - Tiger Global - Q1 2026; SEC 13F - Bridgewater - Q1 2026].
The US Treasury yield curve was in a normal configuration at the time of this report, with the 10-year yield at 4.50% and the 2-year yield at 4.16%, representing a spread of 34 basis points [FRED DGS10; FRED DGS2]. This report was generated in response to recent insider selling activity and material changes in institutional positioning across multiple large asset managers.