vs

Side-by-side financial comparison of Analog Devices (ADI) and Aeluma, Inc. (ALMU). Click either name above to swap in a different company.

Analog Devices is the larger business by last-quarter revenue ($3.2B vs $1.3M, roughly 2484.5× Aeluma, Inc.). Analog Devices runs the higher net margin — 26.3% vs -145.7%, a 172.0% gap on every dollar of revenue. On growth, Analog Devices posted the faster year-over-year revenue change (30.4% vs -21.1%). Analog Devices produced more free cash flow last quarter ($1.3B vs $-282.0K).

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.

Aeluma, Inc. is a U.S.-headquartered technology firm focused on the design, development, and production of high-performance optoelectronic components and semiconductor products. Its core offerings include photonic sensors and laser diodes, serving the LiDAR, 5G/6G communication, industrial sensing, and automotive markets across North America and the Asia-Pacific region.

ADI vs ALMU — Head-to-Head

Bigger by revenue
ADI
ADI
2484.5× larger
ADI
$3.2B
$1.3M
ALMU
Growing faster (revenue YoY)
ADI
ADI
+51.5% gap
ADI
30.4%
-21.1%
ALMU
Higher net margin
ADI
ADI
172.0% more per $
ADI
26.3%
-145.7%
ALMU
More free cash flow
ADI
ADI
$1.3B more FCF
ADI
$1.3B
$-282.0K
ALMU

Income Statement — Q1 2026 vs Q2 2026

Metric
ADI
ADI
ALMU
ALMU
Revenue
$3.2B
$1.3M
Net Profit
$830.8M
$-1.9M
Gross Margin
64.7%
27.8%
Operating Margin
31.5%
-163.6%
Net Margin
26.3%
-145.7%
Revenue YoY
30.4%
-21.1%
Net Profit YoY
112.3%
36.0%
EPS (diluted)
$1.69
$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADI
ADI
ALMU
ALMU
Q1 26
$3.2B
Q4 25
$3.1B
$1.3M
Q3 25
$2.9B
$1.4M
Q2 25
$2.6B
Q1 25
$2.4B
Q4 24
$2.4B
Q3 24
$2.3B
Q2 24
$2.2B
Net Profit
ADI
ADI
ALMU
ALMU
Q1 26
$830.8M
Q4 25
$787.7M
$-1.9M
Q3 25
$518.5M
$-1.5M
Q2 25
$569.8M
Q1 25
$391.3M
Q4 24
$478.1M
Q3 24
$392.2M
Q2 24
$302.2M
Gross Margin
ADI
ADI
ALMU
ALMU
Q1 26
64.7%
Q4 25
63.1%
27.8%
Q3 25
62.1%
49.4%
Q2 25
61.0%
Q1 25
59.0%
Q4 24
58.0%
Q3 24
56.7%
Q2 24
54.7%
Operating Margin
ADI
ADI
ALMU
ALMU
Q1 26
31.5%
Q4 25
30.7%
-163.6%
Q3 25
28.4%
-116.1%
Q2 25
25.7%
Q1 25
20.3%
Q4 24
23.3%
Q3 24
21.2%
Q2 24
17.9%
Net Margin
ADI
ADI
ALMU
ALMU
Q1 26
26.3%
Q4 25
25.6%
-145.7%
Q3 25
18.0%
-107.8%
Q2 25
21.6%
Q1 25
16.1%
Q4 24
19.6%
Q3 24
17.0%
Q2 24
14.0%
EPS (diluted)
ADI
ADI
ALMU
ALMU
Q1 26
$1.69
Q4 25
$1.60
$-0.11
Q3 25
$1.04
$-0.09
Q2 25
$1.14
Q1 25
$0.78
Q4 24
$0.95
Q3 24
$0.79
Q2 24
$0.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADI
ADI
ALMU
ALMU
Cash + ST InvestmentsLiquidity on hand
$2.9B
$38.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$33.8B
$40.8M
Total Assets
$48.0B
$42.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADI
ADI
ALMU
ALMU
Q1 26
$2.9B
Q4 25
$3.7B
$38.6M
Q3 25
$2.3B
$25.9M
Q2 25
$2.4B
Q1 25
$2.3B
Q4 24
$2.4B
Q3 24
$2.1B
Q2 24
$2.4B
Stockholders' Equity
ADI
ADI
ALMU
ALMU
Q1 26
$33.8B
Q4 25
$33.8B
$40.8M
Q3 25
$34.1B
$40.9M
Q2 25
$35.0B
Q1 25
$35.1B
Q4 24
$35.2B
Q3 24
$35.2B
Q2 24
$35.2B
Total Assets
ADI
ADI
ALMU
ALMU
Q1 26
$48.0B
Q4 25
$48.0B
$42.6M
Q3 25
$48.2B
$42.7M
Q2 25
$47.3B
Q1 25
$48.0B
Q4 24
$48.2B
Q3 24
$48.6B
Q2 24
$48.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADI
ADI
ALMU
ALMU
Operating Cash FlowLast quarter
$1.4B
$-251.0K
Free Cash FlowOCF − Capex
$1.3B
$-282.0K
FCF MarginFCF / Revenue
39.8%
-22.2%
Capex IntensityCapex / Revenue
3.5%
2.4%
Cash ConversionOCF / Net Profit
1.65×
TTM Free Cash FlowTrailing 4 quarters
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADI
ADI
ALMU
ALMU
Q1 26
$1.4B
Q4 25
$1.7B
$-251.0K
Q3 25
$1.2B
$-815.0K
Q2 25
$819.5M
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$855.0M
Q2 24
$807.9M
Free Cash Flow
ADI
ADI
ALMU
ALMU
Q1 26
$1.3B
Q4 25
$1.5B
$-282.0K
Q3 25
$1.1B
$-1.0M
Q2 25
$729.2M
Q1 25
$977.8M
Q4 24
$885.4M
Q3 24
$701.1M
Q2 24
$619.7M
FCF Margin
ADI
ADI
ALMU
ALMU
Q1 26
39.8%
Q4 25
48.3%
-22.2%
Q3 25
37.7%
-74.0%
Q2 25
27.6%
Q1 25
40.4%
Q4 24
36.2%
Q3 24
30.3%
Q2 24
28.7%
Capex Intensity
ADI
ADI
ALMU
ALMU
Q1 26
3.5%
Q4 25
7.0%
2.4%
Q3 25
2.7%
15.2%
Q2 25
3.4%
Q1 25
6.1%
Q4 24
6.8%
Q3 24
6.7%
Q2 24
8.7%
Cash Conversion
ADI
ADI
ALMU
ALMU
Q1 26
1.65×
Q4 25
2.16×
Q3 25
2.25×
Q2 25
1.44×
Q1 25
2.88×
Q4 24
2.20×
Q3 24
2.18×
Q2 24
2.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADI
ADI

Sales Channel Directly To Consumer$1.4B44%
Automotive$794.4M25%
Communications$476.8M15%
Consumer$399.8M13%
Other$71.3M2%
Sales Channel Other$40.8M1%

ALMU
ALMU

Segment breakdown not available.

Related Comparisons