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.
Revenue
$2.3B
Gross Profit
$1.3B
Operating Profit
$491.3M
Net Profit
$392.2M
Gross Margin
56.7%
Operating Margin
21.2%
Net Margin
17.0%
YoY Growth
-24.8%
EPS
$0.79
Analog Devices Q3 FY2024 Financial Summary
Analog Devices reported revenue of $2.3B (down 24.8% YoY) for Q3 FY2024, with a net profit of $392.2M (down 55.3% YoY) (17.0% margin). Cost of goods sold was $1.0B, operating expenses totaled $819.9M.
Key Financial Metrics
| Total Revenue | $2.3B |
|---|---|
| Net Profit | $392.2M |
| Gross Margin | 56.7% |
| Operating Margin | 21.2% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Analog Devices Q3 FY2024 revenue of $2.3B breaks down across 6 segments, led by Sales Channel Directly To Consumer at $940.3M (40.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Directly To Consumer | $940.3M | 40.7% |
| Automotive | $670.3M | 29.0% |
| Consumer | $316.6M | 13.7% |
| Communications | $266.6M | 11.5% |
| Other | $78.7M | 3.4% |
| Sales Channel Other | $39.6M | 1.7% |
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 Sales Channel Directly To Consumer and Automotive) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Sales Channel Directly To Consumer | — | $1.4B | $1.3B | — |
| Automotive | $794.4M | $794.4M | $845.2M | $850.6M |
| Consumer | $399.8M | $399.8M | $421.7M | — |
| Communications | $476.8M | $476.8M | $400.5M | $372.5M |
| Other | — | $71.3M | — | — |
Analog Devices Annual Revenue by Year
Analog Devices annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $11.0B |
| 2024 | $9.4B |
| 2023 | $12.3B |
| 2022 | $12.0B |
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 |