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
$2.9B
Gross Profit
$1.8B
Operating Profit
$818.0M
Net Profit
$518.5M
Gross Margin
62.1%
Operating Margin
28.4%
Net Margin
18.0%
YoY Growth
24.6%
EPS
$1.04
Analog Devices Q3 FY2025 Financial Summary
Analog Devices reported revenue of $2.9B (up 24.6% YoY) for Q3 FY2025, with a net profit of $518.5M (up 32.2% YoY) (18.0% margin). Cost of goods sold was $1.1B, operating expenses totaled $971.7M.
Key Financial Metrics
| Total Revenue | $2.9B |
|---|---|
| Net Profit | $518.5M |
| Gross Margin | 62.1% |
| Operating Margin | 28.4% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Analog Devices Q3 FY2025 revenue of $2.9B breaks down across 4 segments, led by Sales Channel Through Intermediary at $1.6B (55.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Through Intermediary | $1.6B | 55.3% |
| Automotive | $850.6M | 29.5% |
| Communications | $372.5M | 12.9% |
| Sales Channel Other | $47.0M | 1.6% |
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 Through Intermediary and Automotive) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Sales Channel Through Intermediary | — | — | — | $1.6B |
| Automotive | $794.4M | $794.4M | $845.2M | $850.6M |
| Communications | $476.8M | $476.8M | $400.5M | $372.5M |
| Sales Channel Other | — | $40.8M | $46.8M | $47.0M |
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 |