Financials · ADI

Analog Devices Inc. (ADI) financials

For the twelve months ended Aug 1, 2026, Analog Devices Inc. reported $13.88B of revenue and $4.14B of net income.

Revenue, TTM
$13.88B
Revenue growth, YoY
+33.6%
Net income, TTM
$4.14B
Net income growth, YoY
+111.2%
Net margin
29.8%
Free cash flow, TTM
$4.94B
EPS, diluted, TTM
$8.43
EPS growth, YoY
+115.6%
Cash
$2.17B
Total debt
$8.12B
P/E
42.60
P/S
12.69
Market cap
$176.17B
Annual revenue$11.02B
FY2016FY2025
Annual net income$2.27B
FY2016FY2025
Annual free cash flow$4.28B
FY2016FY2025

ADI revenue and earnings growth

ADI revenueQ3 2026$4.02B

Quarter YoY
+39.6%
QoQ
+11.0%
FY YoY
+16.9%
5Y CAGR
+14.5%
10Y CAGR
+12.4%

ADI revenue was $4.02B in fiscal Q3 2026 (ended Aug 1, 2026), up 39.6% from a year earlier and up 11.0% from the prior quarter. For the full fiscal 2025 it was $11.02B, up 16.9% from fiscal 2024. Compound annual growth was +14.5% over 5 years and +12.4% over 10 years. It rose in 6 of the last 10 fiscal years.

ADI net incomeQ3 2026$1.34B

Quarter YoY
+158.4%
QoQ
+13.9%
FY YoY
+38.7%
5Y CAGR
+13.2%
10Y CAGR
+12.5%

ADI net income was $1.34B in fiscal Q3 2026 (ended Aug 1, 2026), up 158.4% from a year earlier and up 13.9% from the prior quarter. For the full fiscal 2025 it was $2.27B, up 38.7% from fiscal 2024. Compound annual growth was +13.2% over 5 years and +12.5% over 10 years. It rose in 6 of the last 10 fiscal years.

ADI EPSQ3 2026$2.74

Quarter YoY
+163.5%
QoQ
+14.2%
FY YoY
+39.0%
5Y CAGR
+6.8%
10Y CAGR
+7.6%

ADI diluted EPS was $2.74 in fiscal Q3 2026 (ended Aug 1, 2026), up 163.5% from a year earlier and up 14.2% from the prior quarter. For the full fiscal 2025 it was $4.56, up 39.0% from fiscal 2024. Compound annual growth was +6.8% over 5 years and +7.6% over 10 years.

ADI free cash flowQ3 2026$1.46B

Quarter YoY
+34.3%
QoQ
+98.6%
FY YoY
+37.0%
5Y CAGR
+18.3%
10Y CAGR
+19.0%

ADI free cash flow was $1.46B in fiscal Q3 2026 (ended Aug 1, 2026), up 34.3% from a year earlier and up 98.6% from the prior quarter. For the full fiscal 2025 it was $4.28B, up 37.0% from fiscal 2024. Compound annual growth was +18.3% over 5 years and +19.0% over 10 years. It rose in 5 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

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Income statement

Income statement
Line item
Nov 1, 2025
Nov 2, 2024
Oct 28, 2023
Oct 29, 2022
Oct 30, 2021
Oct 31, 2020
Nov 2, 2019
Nov 3, 2018
Oct 28, 2017
Oct 29, 2016
Revenue$11.02B$9.43B$12.31B$12.01B$7.32B$5.60B$5.99B$6.22B$5.25B$3.42B
Cost of revenue$4.25B$4.05B$4.43B$4.48B$2.79B$1.91B$1.98B$1.97B$2.08B$1.19B
Gross profit$6.77B$5.38B$7.88B$7.53B$4.53B$3.69B$4.01B$4.25B$3.17B$2.23B
Research and development$1.77B$1.49B$1.66B$1.70B$1.30B$1.05B$1.13B$1.17B$968.13M$653.82M
Selling, general and admin$1.26B$1.07B$1.27B$1.27B$915.42M$659.92M$648.09M$695.54M$690.53M$461.44M
Operating income$2.93B$2.03B$3.82B$3.28B$1.69B$1.50B$1.71B$1.90B$1.16B$1.03B
Interest expense$317.72M$322.23M$264.64M$200.41M$184.82M$193.31M$229.07M$253.59M$250.84M$88.76M
Pre-tax income$2.71B$1.78B$3.61B$3.10B$1.33B$1.31B$1.49B$1.66B$934.75M$956.92M
Income tax$444.77M$142.07M$293.42M$350.19M-$61.71M$90.86M$122.72M$148.33M$129.37M$95.26M
Net income$2.27B$1.64B$3.31B$2.75B$1.39B$1.22B$1.36B$1.51B$805.38M$861.66M
EPS, basic$4.59$3.30$6.60$5.29$3.50$3.31$3.68$4.05$2.32$2.79
EPS, diluted$4.56$3.28$6.55$5.25$3.46$3.28$3.65$4.00$2.29$2.76
Diluted shares496.7M498.7M506.0M523.2M401.3M372.0M372.9M374.9M350.5M312.3M

Balance sheet

Balance sheet
Line item
Nov 1, 2025
Nov 2, 2024
Oct 28, 2023
Oct 29, 2022
Oct 30, 2021
Oct 31, 2020
Nov 2, 2019
Nov 3, 2018
Oct 28, 2017
Oct 29, 2016
Cash and equivalents$2.50B$1.99B$958.06M$1.47B$1.98B$1.06B$648.32M$816.59M$1.05B$921.13M
Short-term investments$1.15B$371.82M$0-----$0$3.13B
Receivables$1.44B$1.34B$1.47B$1.80B$1.46B$737.54M$635.14M$639.72M$688.95M$477.61M
Inventory$1.66B$1.45B$1.64B$1.40B$1.20B$608.26M$609.89M$586.76M$550.82M$376.56M
Current assets$7.11B$5.48B$4.38B$4.94B$5.38B$2.52B$1.99B$2.11B$2.35B$4.97B
Goodwill$26.95B$26.91B$26.91B$26.91B$26.92B$12.28B$12.26B$12.25B$12.22B$1.68B
Total assets$47.99B$48.23B$48.79B$50.30B$52.32B$21.47B$21.39B$20.44B$21.14B$7.97B
Current liabilities$3.25B$2.99B$3.20B$2.44B$2.77B$1.36B$1.51B$1.05B$1.60B$782.93M
Short-term debt$0$399.64M$499.05M$0$516.66M$0$299.67M$67.00M$300.00M$0
Long-term debt$8.15B$6.63B$5.90B$6.55B------
Total debt$8.15B$7.03B$6.40B$6.55B$6.78B-----
Shareholders' equity$33.82B$35.18B$35.57B$36.47B$37.99B$12.00B$11.71B$11.27B$10.16B$5.17B

Cash flow

Cash flow
Line item
Nov 1, 2025
Nov 2, 2024
Oct 28, 2023
Oct 29, 2022
Oct 30, 2021
Oct 31, 2020
Nov 2, 2019
Nov 3, 2018
Oct 28, 2017
Oct 29, 2016
Operating cash flow$4.81B$3.85B$4.82B$4.48B$2.74B$2.01B$2.25B$2.44B$1.15B$1.29B
Capital expenditures$533.55M$730.46M$1.26B$699.31M$343.68M$165.69M$275.37M$254.88M$204.10M$127.40M
Free cash flow$4.28B$3.12B$3.56B$3.78B$2.39B$1.84B$1.98B$2.19B$950.27M$1.16B
Investing cash flow-$1.32B-$1.10B-$1.27B-$657.37M$2.14B-$180.52M-$293.19M-$314.00M-$6.62B-$1.22B
Financing cash flow-$2.98B-$1.71B-$4.06B-$4.29B-$3.96B-$1.42B-$2.13B-$2.36B$5.59B-$33.37M
Dividends paid$1.92B$1.80B$1.68B$1.54B$1.11B$886.15M$777.48M$703.31M$602.12M$513.18M
Share repurchases$2.16B$615.59M$2.96B$2.58B$2.61B$244.49M$613.00M$225.98M$46.53M$370.06M
Stock-based compensation$321.56M$262.71M$299.82M$323.49M$243.61M$149.52M$150.30M$151.16M$104.19M$63.42M

Key ratios

Key ratios
Line item
Nov 1, 2025
Nov 2, 2024
Oct 28, 2023
Oct 29, 2022
Oct 30, 2021
Oct 31, 2020
Nov 2, 2019
Nov 3, 2018
Oct 28, 2017
Oct 29, 2016
Revenue growth, YoY16.9%-23.4%2.4%64.2%30.6%-6.5%-3.8%18.6%53.3%-0.4%
Net income growth, YoY38.7%-50.7%20.6%97.7%13.9%-10.4%-9.6%87.1%-6.5%23.6%
EPS growth, YoY39.0%-49.9%24.8%51.7%5.5%-10.1%-8.8%74.7%-17.0%25.5%
Gross margin61.5%57.1%64.0%62.7%61.8%65.9%67.0%68.3%60.4%65.1%
Operating margin26.6%21.6%31.1%27.3%23.1%26.7%28.6%30.5%22.2%30.0%
Net margin20.6%17.3%26.9%22.9%19.0%21.8%22.8%24.2%15.4%25.2%
Free cash flow margin38.8%33.1%28.9%31.4%32.7%32.9%33.0%35.1%18.1%34.0%
Return on equity6.7%4.6%9.3%7.5%3.7%10.2%11.6%13.4%7.9%16.7%
Return on assets4.7%3.4%6.8%5.5%2.7%5.7%6.4%7.4%3.8%10.8%
Current ratio2.191.841.372.021.941.841.322.011.476.35
Debt to equity0.240.200.180.180.18-----

Source: XBRL data Analog Devices Inc. files with the SEC, latest filing dated Aug 19, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ADI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ADI$13.88B+33.6%$4.14B29.8%$176.17B
TXN$20.77B+20.3%$7.11B34.3%$253.44B
NXPI$13.80B+14.6%$3.25B23.6%$62.58B
STM$11.80B-11.1%$166.00M1.4%$37.24B
MCHP$5.60B+33.0%$838.10M15.0%$31.68B
ON$6.37B+2.9%$689.10M10.8%$24.64B

ADI FAQ

9 questions
  • What is ADI revenue?
    Analog Devices Inc. (ADI) reported $13.88B of revenue for the twelve months ended Aug 1, 2026. That is up 33.6% from the year before. Revenue for fiscal 2025 was $11.02B.
  • Is ADI profitable?
    Yes. Analog Devices Inc. earned $4.14B in net income for the twelve months ended Aug 1, 2026, a net margin of 29.8%.
  • How much cash and debt does ADI have?
    Analog Devices Inc. reported $2.17B in cash and cash equivalents and $8.12B of debt on its most recent balance sheet in SEC filings.
  • How fast is ADI revenue growing?
    Analog Devices Inc.'s revenue changed +16.9% in fiscal 2025, to $11.02B. Its compound annual growth rate was +14.5% over 5 years and +12.4% over 10 years.
  • What is ADI gross margin?
    Analog Devices Inc.'s gross profit was $9.13B on $13.88B of revenue for the twelve months ended Aug 1, 2026, a gross margin of 65.8%.
  • What is ADI free cash flow?
    Analog Devices Inc. generated $4.94B of free cash flow for the twelve months ended Aug 1, 2026, which is operating cash flow of $5.55B less capital expenditures.
  • What is ADI earnings per share?
    Diluted earnings per share were $8.43 for the twelve months ended Aug 1, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ADI last report financial results?
    The latest statements here come from Analog Devices Inc.'s 10-Q filed on Aug 19, 2026, covering the period ended Aug 1, 2026.
  • Where does this ADI financial data come from?
    Quantisnow builds these statements from the structured XBRL data Analog Devices Inc. files with the SEC. It is provided for information only and is not investment advice.