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Side-by-side financial comparison of Analog Devices (ADI) and KKR & Co. (KKR). Click either name above to swap in a different company.
KKR & Co. is the larger business by last-quarter revenue ($5.7B vs $3.2B, roughly 1.8× Analog Devices). Analog Devices runs the higher net margin — 26.3% vs 20.0%, a 6.3% gap on every dollar of revenue. On growth, KKR & Co. posted the faster year-over-year revenue change (76.1% vs 30.4%). Over the past eight quarters, Analog Devices's revenue compounded faster (21.0% CAGR vs -22.9%).
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.
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private equity and investment company. As of December 31, 2024, the firm had completed 770 private-equity investments with approximately $790 billion of total enterprise value. Its assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively.
ADI vs KKR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.2B | $5.7B |
| Net Profit | $830.8M | $1.1B |
| Gross Margin | 64.7% | — |
| Operating Margin | 31.5% | 45.3% |
| Net Margin | 26.3% | 20.0% |
| Revenue YoY | 30.4% | 76.1% |
| Net Profit YoY | 112.3% | 1.8% |
| EPS (diluted) | $1.69 | — |
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.
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $5.7B | ||
| Q3 25 | $2.9B | $5.5B | ||
| Q2 25 | $2.6B | $5.1B | ||
| Q1 25 | $2.4B | $3.1B | ||
| Q4 24 | $2.4B | $3.3B | ||
| Q3 24 | $2.3B | $4.8B | ||
| Q2 24 | $2.2B | $4.2B |
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $1.1B | ||
| Q3 25 | $518.5M | $900.4M | ||
| Q2 25 | $569.8M | $510.1M | ||
| Q1 25 | $391.3M | $-185.9M | ||
| Q4 24 | $478.1M | $1.1B | ||
| Q3 24 | $392.2M | $600.5M | ||
| Q2 24 | $302.2M | $667.9M |
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | — | ||
| Q3 25 | 62.1% | — | ||
| Q2 25 | 61.0% | — | ||
| Q1 25 | 59.0% | — | ||
| Q4 24 | 58.0% | — | ||
| Q3 24 | 56.7% | — | ||
| Q2 24 | 54.7% | — |
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | 45.3% | ||
| Q3 25 | 28.4% | 39.8% | ||
| Q2 25 | 25.7% | 30.0% | ||
| Q1 25 | 20.3% | 24.8% | ||
| Q4 24 | 23.3% | 50.4% | ||
| Q3 24 | 21.2% | 34.3% | ||
| Q2 24 | 17.9% | 29.0% |
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | 20.0% | ||
| Q3 25 | 18.0% | 16.3% | ||
| Q2 25 | 21.6% | 10.0% | ||
| Q1 25 | 16.1% | -6.0% | ||
| Q4 24 | 19.6% | 34.5% | ||
| Q3 24 | 17.0% | 12.5% | ||
| Q2 24 | 14.0% | 16.0% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | — | ||
| Q3 25 | $1.04 | — | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.9B | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $33.8B | $30.9B |
| Total Assets | $48.0B | $410.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.4B | — |
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $30.9B | ||
| Q3 25 | $34.1B | $29.7B | ||
| Q2 25 | $35.0B | $28.2B | ||
| Q1 25 | $35.1B | $27.5B | ||
| Q4 24 | $35.2B | $23.7B | ||
| Q3 24 | $35.2B | $24.1B | ||
| Q2 24 | $35.2B | $21.7B |
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $410.1B | ||
| Q3 25 | $48.2B | $398.5B | ||
| Q2 25 | $47.3B | $380.9B | ||
| Q1 25 | $48.0B | $372.4B | ||
| Q4 24 | $48.2B | $360.1B | ||
| Q3 24 | $48.6B | $360.7B | ||
| Q2 24 | $48.9B | $348.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.4B | $-4.9B |
| Free Cash FlowOCF − Capex | $1.3B | — |
| FCF MarginFCF / Revenue | 39.8% | — |
| Capex IntensityCapex / Revenue | 3.5% | — |
| Cash ConversionOCF / Net Profit | 1.65× | -4.28× |
| TTM Free Cash FlowTrailing 4 quarters | $4.6B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $-4.9B | ||
| Q3 25 | $1.2B | $2.4B | ||
| Q2 25 | $819.5M | $438.8M | ||
| Q1 25 | $1.1B | $2.5B | ||
| Q4 24 | $1.1B | $-111.7M | ||
| Q3 24 | $855.0M | $1.9B | ||
| Q2 24 | $807.9M | $3.4B |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $729.2M | — | ||
| Q1 25 | $977.8M | — | ||
| Q4 24 | $885.4M | — | ||
| Q3 24 | $701.1M | — | ||
| Q2 24 | $619.7M | — |
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | — | ||
| Q3 25 | 37.7% | — | ||
| Q2 25 | 27.6% | — | ||
| Q1 25 | 40.4% | — | ||
| Q4 24 | 36.2% | — | ||
| Q3 24 | 30.3% | — | ||
| Q2 24 | 28.7% | — |
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 8.7% | — |
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | -4.28× | ||
| Q3 25 | 2.25× | 2.65× | ||
| Q2 25 | 1.44× | 0.86× | ||
| Q1 25 | 2.88× | — | ||
| Q4 24 | 2.20× | -0.10× | ||
| Q3 24 | 2.18× | 3.12× | ||
| Q2 24 | 2.67× | 5.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADI
| Sales Channel Directly To Consumer | $1.4B | 44% |
| Automotive | $794.4M | 25% |
| Communications | $476.8M | 15% |
| Consumer | $399.8M | 13% |
| Other | $71.3M | 2% |
| Sales Channel Other | $40.8M | 1% |
KKR
| Insurance Segment | $3.5B | 61% |
| Asset Management1 | $703.7M | 12% |
| Transaction Fee | $512.0M | 9% |
| Transaction And Monitoring Fees | $268.7M | 5% |
| Fee Credit | $230.1M | 4% |
| Other | $201.5M | 4% |
| Fixed Annuity | $77.0M | 1% |
| Asset Management Segment | $56.9M | 1% |
| Monitoring Fee | $53.5M | 1% |
| Investment Advice | $40.6M | 1% |
| Fee Related Performance | $33.6M | 1% |
| Interest Sensitive Life | $21.7M | 0% |
| Incentive Fee | $11.0M | 0% |
