Analog DevicesADIEarnings & Financial Report
Analog Devices, Inc. (ADI), also known simply as Analog, is an American multinational semiconductor company specializing in data conversion, signal processing, and power management technology, headquartered in Wilmington, Massachusetts.
ADI Q2 FY2026 Key Financial Metrics
Revenue
$3.2B
Gross Profit
$2.0B
Operating Profit
$997.0M
Net Profit
$830.8M
Gross Margin
64.7%
Operating Margin
31.5%
Net Margin
26.3%
YoY Growth
100.0%
EPS
$1.69
Analog Devices Q2 FY2026 Financial Summary
Analog Devices reported revenue of $3.2B (up 100.0% YoY) for Q2 FY2026, with a net profit of $830.8M (up 112.3% YoY) (26.3% margin). Cost of goods sold was $1.1B, operating expenses totaled $1.0B.
Key Financial Metrics
| Total Revenue | $3.2B |
|---|---|
| Net Profit | $830.8M |
| Gross Margin | 64.7% |
| Operating Margin | 31.5% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
Analog Devices Q2 FY2026 revenue of $3.2B breaks down across 4 segments, led by Industrial at $1.5B (47.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Industrial | $1.5B | 47.1% |
| Automotive | $794.4M | 25.1% |
| Communications | $476.8M | 15.1% |
| Consumer | $399.8M | 12.7% |
Analog Devices Revenue by Segment — Quarterly Trend
Analog Devices revenue by segment across the last 4 reported quarters, showing how each business line (such as Industrial and Automotive) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Industrial | $1.5B | — | — | — |
| Automotive | $794.4M | $794.4M | $845.2M | $850.6M |
| Communications | $476.8M | $476.8M | $400.5M | $372.5M |
| Consumer | $399.8M | $399.8M | $421.7M | — |
Analog Devices Annual Revenue by Year
Analog Devices annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.0B).
Analog Devices Quarterly Revenue & Net Profit History
Analog Devices results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $3.2B | +100.0% | $830.8M | 26.3% |
| Q1 FY2026 | $3.2B | +30.4% | $830.8M | 26.3% |
| Q4 FY2025 | $3.1B | +25.9% | $787.7M | 25.6% |
| Q3 FY2025 | $2.9B | +24.6% | $518.5M | 18.0% |
| Q2 FY2025 | $2.6B | +22.3% | $569.8M | 21.6% |
| Q1 FY2025 | $2.4B | -3.6% | $391.3M | 16.1% |
| Q4 FY2024 | $2.4B | -10.1% | $478.1M | 19.6% |
| Q3 FY2024 | $2.3B | -24.8% | $392.2M | 17.0% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.31B | $2.44B | $2.42B | $2.64B | $2.88B | $3.08B | $3.16B | $3.16B |
| YoY Growth | -24.8% | -10.1% | -3.6% | 22.3% | 24.6% | 25.9% | 30.4% | 100.0% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $48.62B | $48.23B | $47.97B | $47.34B | $48.19B | $47.99B | $47.99B | $47.99B |
| Liabilities | $13.43B | $13.05B | $12.90B | $12.33B | $14.11B | $14.18B | $14.20B | $14.20B |
| Equity | $35.19B | $35.18B | $35.07B | $35.01B | $34.09B | $33.82B | $33.79B | $33.79B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $855.0M | $1.05B | $1.13B | $819.5M | $1.17B | $1.70B | $1.37B | $1.37B |