Welcome to Broadcom Inc. Second quarter fiscal year 2026 Financial Results Conference Call. At this time, for opening remarks and introductions, I would like to turn the call over to Ji Yoo, Head of Investor Relations of Broadcom, Inc.
Ji Yoo
Head of Investor Relations
0.00Thank you, operator, and good afternoon, everyone. Joining me on today's call are Hock E. Tan, President and CEO; Charlie Kawwas, President, Semiconductor Solutions Group; and Ram Velaga, President, Infrastructure Software Group. Also joining is Kirsten...
Hock E. Tan
President and CEO
0.90Thank you, Ji. Thank you, everyone, for joining today. In our fiscal Q2, 2026, total revenue reached a record $22.2 billion, up 48% year on year, above our guidance on strength in AI semiconductors. Q2 operating margin was a record 67%, and adjusted EBITDA was...
Kirsten Spears
Chief Financial Officer
0.60Thank you, Hock. Let me now provide additional detail on our Q2 financial performance. Consolidated revenue was a record $22.2 billion for the quarter, up 48% from a year ago. Gross margin was 77.1% of revenue in the quarter, down 32 basis points year on year...
Operator, please open up the call for questions. Thank you. Due to time restraints, we ask that you please limit yourself to one question. Please stand by while we compile the Q&A roster. And our first question will come from the line of Harlan Sur with...
Harlan Sur
Analyst (JPMorgan)
0.00Your line is open. Yes, good afternoon. Thank you for taking my question. Thanks for all your support, Kirsten. And Amy, welcome to the team. First, just a quick housekeeping item. Hock, on this fiscal year, AI sort of two-times growth second half over first...