VMware Cloud Foundation (VMware and private cloud)
Infrastructure Software revenue was $8.75 billion in fiscal Q3 2026, up 29% year over year, after $7.18 billion and up 9% in fiscal Q2 2026. The 10-Q for that quarter says the increase came mainly from strong demand for VMware Cloud Foundation (VCF). VCF 9.1 was announced May 5, 2026.
The numbers
What it is
VMware Cloud Foundation is Broadcom's private and hybrid cloud platform, sold as licences and subscriptions, and it is the main product inside the Infrastructure Software segment. Broadcom has not published a VCF ARR figure.
Why it matters to the stock. It is the steadier, recurring part of the business. Broadcom reports it as a separate segment, so its growth and margin can be tracked apart from the chip business. Growth quarter to quarter has been uneven, as fiscal Q2 2026 (up 9%) and fiscal Q3 2026 (up 29%) show. The 10-Q also says most new software contracts no longer include termination-for-convenience provisions.
News
Broadcom Q3 FY2026 revenue $29.6B; Q4 revenue outlook about $34.8B
Broadcom reported fiscal third-quarter 2026 results on September 2, 2026, for the quarter ended August 2.
Broadcom declares $0.65 quarterly dividend and reports $600 million of Q2 buybacks
In the same June 3, 2026 release, Broadcom's board declared a quarterly cash dividend of $0.65 per share, payable June 30, 2026 to holders of record on June 22.
European cloud providers' group CISPE files complaint over VMware partner program changes
On March 19, 2026, the cloud providers' trade group CISPE, which represents nearly 50 European cloud providers, filed a complaint against Broadcom's VMware cloud service provider program changes with EU regulators.
Broadcom authorizes $10 billion buyback and declares $0.65 quarterly dividend
With the fiscal Q1 2026 results, Broadcom declared a quarterly common dividend of $0.65 per share and announced a new share repurchase program of up to $10 billion running through December 31, 2026.
Beijing reportedly tells firms to stop using VMware cybersecurity software; Broadcom falls
Reuters reported on January 14, 2026, citing anonymous sources, that Chinese authorities told domestic companies to stop using cybersecurity software from about a dozen US and Israeli vendors, including VMware.