ADI · Analog Devices Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.62B | $3.16B | - | $2.88B | $2.64B | $2.42B | - | $2.31B | $2.16B | $2.51B |
| Cost of Revenue | $1.18B | $1.12B | - | $1.09B | $1.03B | $992.87M | - | $1.00B | $979.00M | $1.04B |
| Gross Profit | $2.44B | $2.04B | - | $1.79B | $1.61B | $1.43B | - | $1.31B | $1.18B | $1.47B |
| R&D | $509.32M | $467.40M | - | $454.25M | $441.84M | $402.89M | - | $362.67M | $354.86M | $391.43M |
| SG&A | $362.81M | $345.25M | - | $325.71M | $302.67M | $284.80M | - | $257.21M | $244.13M | $290.08M |
| Total Operating Expenses | $1.06B | $1.05B | - | $971.72M | $933.67M | $938.99M | - | $819.92M | $793.91M | $887.98M |
| D&A | - | $105.89M | - | - | - | $98.45M | - | - | - | $84.35M |
| Operating Income | $1.38B | $997.03M | - | $818.03M | $677.94M | $491.31M | - | $491.32M | $386.12M | $585.96M |
| Interest Expense | $87.62M | $86.34M | - | $79.59M | $77.10M | $77.14M | - | $69.35M | $77.10M | $77.14M |
| Income Tax | $148.48M | $115.05M | - | $244.89M | $56.16M | $44.26M | - | $30.76M | $22.36M | $50.69M |
| Net Income | $1.18B | $830.83M | - | $518.52M | $569.77M | $391.32M | - | $392.23M | $302.24M | $462.73M |
| EPS - Basic | $2.41 | $1.70 | - | $1.05 | $1.15 | $0.79 | - | $0.79 | $0.61 | $0.93 |
| EPS - Diluted | $2.40 | $1.69 | - | $1.04 | $1.14 | $0.78 | - | $0.79 | $0.61 | $0.93 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.44B | $2.91B | $2.50B | $2.32B | $2.38B | $2.35B | $1.99B | $2.11B | $1.94B | $1.30B |
| Accounts Receivable | $2.05B | $1.36B | $1.44B | $1.55B | $1.38B | $1.19B | $1.34B | $1.13B | $1.00B | $1.20B |
| Inventory | $1.85B | $1.77B | $1.66B | $1.60B | $1.52B | $1.47B | $1.45B | $1.43B | $1.48B | $1.55B |
| Accounts Payable | $598.64M | $549.06M | $543.76M | $490.72M | $429.40M | $368.94M | $487.46M | $424.74M | $422.68M | $398.11M |
| Current Assets | $7.81B | $7.60B | $7.11B | $6.92B | $5.59B | $5.73B | $5.48B | $5.44B | $5.19B | $4.42B |
| Total Assets | $47.95B | $47.99B | $47.99B | $48.19B | $47.34B | $47.97B | $48.23B | $48.62B | $48.86B | $48.39B |
| Current Liabilities | $4.46B | $4.33B | $3.25B | $2.98B | $2.69B | $2.97B | $2.99B | $3.23B | $3.30B | $2.92B |
| Long-term Debt | $7.24B | $7.24B | $8.15B | $8.14B | $6.65B | $6.62B | $6.63B | $6.66B | $6.61B | $5.95B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $33.74B | $33.79B | $33.82B | $34.09B | $35.01B | $35.07B | $35.18B | $35.19B | $35.25B | $35.55B |
| Retained Earnings | $11.53B | $10.89B | $10.54B | $10.24B | $10.21B | $10.13B | $10.20B | $10.18B | $10.24B | $10.39B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $1.37B | - | - | - | $1.13B | - | - | - | $1.14B |
| Investing Cash Flow | - | ($107.03M) | - | - | - | ($194.30M) | - | - | - | ($219.10M) |
| Financing Cash Flow | - | ($855.03M) | - | - | - | ($573.86M) | - | - | - | ($574.23M) |
| CapEx | - | $109.31M | - | - | - | $148.98M | - | - | - | $222.98M |
| Free Cash Flow | - | $1.26B | - | - | - | $977.83M | - | - | - | $915.85M |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 67.3% | 64.7% | - | 62.1% | 61.0% | 59.0% | - | 56.7% | 54.7% | 58.7% |
| Operating margin | 38.1% | 31.5% | - | 28.4% | 25.7% | 20.3% | - | 21.2% | 17.9% | 23.3% |
| EBITDA margin | - | 34.9% | - | - | - | 24.3% | - | - | - | 26.7% |
| Net margin | 32.5% | 26.3% | - | 18.0% | 21.6% | 16.1% | - | 17.0% | 14.0% | 18.4% |
| Free cash flow margin | - | 39.8% | - | - | - | 40.4% | - | - | - | 36.4% |
| FCF / Net income | - | 1.52 | - | - | - | 2.50 | - | - | - | 1.98 |
| R&D / Revenue | 14.1% | 14.8% | - | 15.8% | 16.7% | 16.6% | - | 15.7% | 16.4% | 15.6% |
| SG&A / Revenue | 10.0% | 10.9% | - | 11.3% | 11.5% | 11.8% | - | 11.1% | 11.3% | 11.5% |
| Effective tax rate | 11.2% | 12.2% | - | 32.1% | 9.0% | 10.2% | - | 7.3% | 6.9% | 9.9% |
| Return on assets | 2.5% | 1.7% | - | 1.1% | 1.2% | 0.8% | - | 0.8% | 0.6% | 1.0% |
| Return on equity | 3.5% | 2.5% | - | 1.5% | 1.6% | 1.1% | - | 1.1% | 0.9% | 1.3% |
| Return on invested capital | 3.0% | 2.1% | - | 1.3% | 1.5% | 1.1% | - | 1.1% | 0.9% | 1.3% |
| Liquidity | ||||||||||
| Current ratio | 1.75 | 1.76 | 2.19 | 2.32 | 2.08 | 1.93 | 1.84 | 1.69 | 1.58 | 1.51 |
| Quick ratio | 1.34 | 1.35 | 1.68 | 1.79 | 1.51 | 1.43 | 1.35 | 1.24 | 1.13 | 0.98 |
| Cash ratio | 0.55 | 0.67 | 0.77 | 0.78 | 0.88 | 0.79 | 0.67 | 0.65 | 0.59 | 0.45 |
| Leverage | ||||||||||
| Debt / Equity | 0.21 | 0.21 | 0.24 | 0.24 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.17 |
| Debt / Assets | 0.15 | 0.15 | 0.17 | 0.17 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.12 |
| Debt / EBITDA | - | 6.56 | - | - | - | 11.22 | - | - | - | 8.87 |
| Interest coverage | 15.7x | 11.5x | - | 10.3x | 8.8x | 6.4x | - | 7.1x | 5.0x | 7.6x |
| Equity multiplier | 1.42 | 1.42 | 1.42 | 1.41 | 1.35 | 1.37 | 1.37 | 1.38 | 1.39 | 1.36 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | 0.07 | - | 0.06 | 0.06 | 0.05 | - | 0.05 | 0.04 | 0.05 |
| Inventory turnover | 0.64 | 0.63 | - | 0.68 | 0.67 | 0.67 | - | 0.70 | 0.66 | 0.67 |
| Days sales outstanding | 207d | 157d | - | 197d | 191d | 180d | - | 178d | 170d | 174d |
| Days inventory outstanding | 570d | 578d | - | 534d | 541d | 542d | - | 521d | 551d | 546d |
| Days payable outstanding | 185d | 180d | - | 164d | 152d | 136d | - | 155d | 158d | 140d |
| Cash conversion cycle | 592d | 556d | - | 567d | 580d | 586d | - | 544d | 564d | 580d |
| Valuation | ||||||||||
| P / E | 165.7x | 184.0x | - | 213.2x | 174.2x | 271.7x | - | 263.2x | 327.3x | 206.6x |
| P / B | 5.8x | 4.5x | - | 3.2x | 2.8x | 3.0x | - | 2.9x | 2.8x | 2.7x |
| P / S | 53.8x | 48.4x | - | 38.2x | 37.5x | 43.6x | - | 44.9x | 46.1x | 38.1x |
| EV / EBITDA | - | 142.5x | - | - | - | 186.4x | - | - | - | 149.9x |
| Growth | ||||||||||
| Revenue growth (YoY) | 37.2% | 30.4% | - | 24.6% | 22.3% | -3.6% | - | -24.8% | -33.8% | -22.7% |
| Revenue CAGR (3y) | 3.6% | -0.9% | - | -2.5% | -3.9% | -3.4% | - | 9.5% | 9.1% | 17.3% |
| Revenue CAGR (5y) | 16.9% | 15.2% | - | 14.6% | 14.9% | 13.2% | - | 9.3% | 6.7% | 9.9% |
| Gross profit growth (YoY) | 51.4% | 43.0% | - | 36.5% | 36.6% | -3.0% | - | -33.2% | -45.0% | -30.6% |
| Operating income growth (YoY) | 103.5% | 102.9% | - | 66.5% | 75.6% | -16.2% | - | -47.1% | -65.8% | -48.2% |
| Net income growth (YoY) | 106.5% | 112.3% | - | 32.2% | 88.5% | -15.4% | - | -55.3% | -69.1% | -51.9% |
| EPS growth (YoY) | 110.5% | 116.7% | - | 31.6% | 86.9% | -16.1% | - | -54.6% | -68.2% | -50.5% |
| EPS CAGR (3y) | 7.7% | -3.5% | - | -10.3% | -8.5% | 13.7% | - | -16.4% | -18.8% | -3.7% |
| EPS CAGR (5y) | 16.1% | 10.2% | - | 1.4% | 9.6% | 7.2% | - | -4.0% | -9.0% | -0.4% |
| FCF growth (YoY) | - | 28.8% | - | - | - | 6.8% | - | - | - | -25.5% |
| FCF CAGR (5y) | - | 28.4% | - | - | - | 27.1% | - | - | - | 26.7% |
| Book value growth (YoY) | -3.6% | -3.7% | -3.9% | -3.1% | -0.7% | -1.3% | -1.1% | -2.0% | -2.1% | -2.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-11-01.
Business segments
$22.04B totalReportable Segment$11.02B · 50.0%
Industrial$4.93B · 22.4%
Automotive$3.28B · 14.9%
Consumer$1.43B · 6.5%
Communications$1.38B · 6.3%
Geographic
$18.80B totalNon Us$7.78B · 41.4%
US$3.24B · 17.2%
CN$2.86B · 15.2%
Europe$2.29B · 12.2%
Rest Of Asia$1.49B · 7.9%
JP$989.92M · 5.3%
Rest Of North And South America$162.47M · 0.9%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing ANALOG DEVICES INC against the 5 most active filers in the same SIC group.
Dividends
$4.18/share trailing 12 months · +9.4% YoY
| Ex-date | Per share |
|---|---|
| Jun 2, 2026 | $1.1000 |
| Mar 3, 2026 | $1.1000 |
| Dec 8, 2025 | $0.9900 |
| Sep 2, 2025 | $0.9900 |
| Jun 4, 2025 | $0.9900 |
| Mar 4, 2025 | $0.9900 |
| Dec 9, 2024 | $0.9200 |
| Sep 3, 2024 | $0.9200 |
| Jun 4, 2024 | $0.9200 |
| Mar 4, 2024 | $0.9200 |
| Dec 1, 2023 | $0.8600 |
| Sep 1, 2023 | $0.8600 |
| Jun 2, 2023 | $0.8600 |
| Feb 24, 2023 | $0.8600 |
| Dec 2, 2022 | $0.7600 |
| Aug 29, 2022 | $0.7600 |
| May 27, 2022 | $0.7600 |
| Feb 24, 2022 | $0.7600 |
| Dec 2, 2021 | $0.6900 |
| Aug 26, 2021 | $0.6900 |
| May 27, 2021 | $0.6900 |
| Feb 25, 2021 | $0.6900 |
| Dec 3, 2020 | $0.6200 |
| Aug 27, 2020 | $0.6200 |