Analog Devices Financial Statements
NASDAQ: ADITechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Analog Devices revenue and earnings
In fiscal 2025, Analog Devices generated $11.02 billion in revenue, up 16.9% from fiscal 2024. Net income was $2.27 billion (+38.7% year over year), for a net margin of 20.6% versus a median of 21.8% in the prior 5 years. Gross margin was 61.5% (up from 57.1%) and operating margin 26.6%.
Diluted earnings per share came in at $4.56, up from $3.28. Over the last 5 fiscal years, ADI's revenue has grown at a 14.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Analog Devices income statement (annual)
| Fiscal year (USD) | FY 20252025-11-01 | FY 20242024-11-02 | FY 20232023-10-28 | FY 20222022-10-29 | FY 20212021-10-30 | FY 20202020-10-31 | FY 20192019-11-02 | FY 20182018-11-03 | FY 20172017-10-28 | FY 20162016-10-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.02B | 9.43B | 12.31B | 12.01B | 7.32B | 5.60B | 5.99B | 6.20B | 5.11B | 3.42B |
| Revenue growth (YoY) | +16.89% | -23.39% | +2.43% | +64.16% | +30.61% | -6.48% | -3.38% | +21.41% | +49.28% | -0.40% |
| 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 |
| Operating Expenses | 3.84B | 3.35B | 4.05B | 4.25B | 2.83B | 2.19B | 2.30B | 2.35B | 2.01B | 1.20B |
| Research & Development | 1.77B | 1.49B | 1.66B | 1.70B | 1.30B | 1.05B | 1.13B | 1.17B | 968.13M | 653.82M |
| Selling, General & 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 |
| Other Income (Expense) | -220.38M | -255.46M | -215.11M | -179.95M | -363.49M | -186.63M | -224.88M | -244.28M | -228.01M | -71.19M |
| Pretax 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 |
| Net Income growth (YoY) | +38.65% | -50.66% | +20.59% | +97.68% | +13.90% | -10.44% | -9.55% | +87.11% | -6.53% | +23.65% |
| 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 |
| Shares Outstanding (Basic) | 494.38M | 496.17M | 502.23M | 519.23M | 397.46M | 368.63M | 369.13M | 370.43M | 346.37M | 308.74M |
| Shares Outstanding (Diluted) | 496.71M | 498.70M | 505.96M | 523.18M | 401.29M | 371.97M | 372.87M | 374.94M | 350.48M | 312.31M |
| EBITDA | 3.34B | 2.40B | 4.16B | 3.56B | 1.92B | 1.73B | 1.95B | 2.13B | 1.36B | 1.16B |
| Gross Margin | 61.47% | 57.08% | 64.01% | 62.70% | 61.83% | 65.87% | 67.00% | 68.54% | 62.03% | 65.10% |
| Operating Margin | 26.61% | 21.56% | 31.07% | 27.29% | 23.12% | 26.74% | 28.55% | 30.63% | 22.77% | 30.05% |
| Net Margin | 20.58% | 17.35% | 26.94% | 22.88% | 19.00% | 21.79% | 22.75% | 24.30% | 15.77% | 25.18% |
This table shows 10 annual periods of Analog Devices's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ADI's reporting calendar. What is a income statement?