In Q1'26, Broadcom's (AVGO) Gross Margin stood at 65.6%, Operating Margin reached 45.0%, and Net Profit Margin was 38.1%, reflecting a solid performance with gross margins near recent highs but net margins slightly below the prior quarter's peak. Over the period from Q2'23 to Q1'26, Gross Margin exhibited a volatile yet generally stable trend, declining sharply to 61.7% in Q1'24 before recovering to around 68% through much of 2025 and settling at 65.6% in Q1'26. Operating Margin showed a pronounced V-shaped recovery from a low of 17.4% in Q1'24 to 45.0% in Q1'26, driven by operational efficiencies post a dip. Net Profit Margin was the most erratic, plunging to -14.3% in Q3'24 amid potential one-time losses, then rebounding strongly to 47.3% in Q4'25 before moderating to 38.1% in Q1'26, underscoring improving profitability amid fluctuations.