Analog Devices Quarterly Income Statement
NASDAQ: ADITechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Analog Devices revenue and earnings
In the quarter ended Aug 1, 2026, Analog Devices generated $4.02 billion in revenue, up 39.6% from the same quarter a year earlier. Net income was $1.34 billion (+158.4% year over year), for a net margin of 33.3% versus a median of 25.6% in the prior 5 quarters. Gross margin was 67.3% (up from 62.1%) and operating margin 40.1%.
Diluted earnings per share came in at $2.74, up from $1.04.
Summary generated from market data by MetaCap's automated system. Methodology
Analog Devices income statement (quarterly)
| Quarter (USD) | Q3 20262026-08-01 | Q2 20262026-05-02 | Q1 20262026-01-31 | Q4 20252025-11-01 | Q3 20252025-08-02 | Q2 20252025-05-03 | Q1 20252025-02-01 | Q4 20242024-11-02 | Q3 20242024-08-03 | Q2 20242024-05-04 | Q1 20242024-02-03 | Q4 20232023-10-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.02B | 3.62B | 3.16B | 3.08B | 2.88B | 2.64B | 2.42B | 2.44B | 2.31B | 2.16B | 2.51B | 2.72B |
| Revenue growth (YoY) | +39.63% | +37.25% | +30.42% | +25.90% | +24.57% | +22.28% | -3.56% | -10.06% | -24.84% | -33.83% | -22.68% | -16.36% |
| Cost of Revenue | 1.31B | 1.18B | 1.12B | 1.13B | 1.09B | 1.03B | 992.87M | 1.03B | 1.00B | 979.00M | 1.04B | 1.07B |
| Gross Profit | 2.71B | 2.44B | 2.04B | 1.94B | 1.79B | 1.61B | 1.43B | 1.42B | 1.31B | 1.18B | 1.47B | 1.65B |
| Operating Expenses | 1.09B | 1.06B | 1.05B | 996.61M | 971.72M | 933.67M | 938.99M | 846.74M | 819.92M | 793.91M | 887.98M | 1.01B |
| Research & Development | 533.48M | 509.32M | 467.40M | 467.02M | 454.25M | 441.84M | 402.89M | 378.90M | 362.67M | 354.86M | 391.43M | 406.59M |
| Selling, General & Admin | 397.33M | 362.81M | 345.25M | 342.17M | 325.71M | 302.67M | 284.80M | 277.22M | 257.21M | 244.13M | 290.08M | 288.94M |
| Operating Income | 1.61B | 1.38B | 997.03M | 945.21M | 818.03M | 677.94M | 491.31M | 569.39M | 491.32M | 386.12M | 585.96M | 634.41M |
| Interest Expense | 88.73M | 87.62M | 86.34M | 88.16M | 79.59M | 74.70M | 75.26M | 82.80M | 85.18M | 77.10M | 77.14M | 71.59M |
| Other Income (Expense) | -67.10M | -54.85M | -51.16M | -58.01M | -54.62M | -52.02M | -55.74M | -53.06M | -68.33M | -61.52M | -72.55M | -62.63M |
| Pretax Income | 1.55B | 1.32B | 945.87M | 887.20M | 763.41M | 625.93M | 435.58M | 516.33M | 422.99M | 324.60M | 513.42M | 571.79M |
| Income Tax | 205.78M | 148.48M | 115.05M | 99.46M | 244.89M | 56.16M | 44.26M | 38.26M | 30.76M | 22.36M | 50.69M | 73.36M |
| Net Income | 1.34B | 1.18B | 830.83M | 787.74M | 518.52M | 569.77M | 391.32M | 478.07M | 392.23M | 302.24M | 462.73M | 498.43M |
| Net Income growth (YoY) | +158.45% | +106.46% | +112.32% | +64.77% | +32.20% | +88.51% | -15.43% | -4.08% | -55.28% | -69.09% | -51.87% | -46.76% |
| EPS (Basic) | 2.76 | 2.41 | 1.70 | 1.60 | 1.05 | 1.15 | 0.79 | 0.97 | 0.79 | 0.61 | 0.93 | 1.01 |
| EPS (Diluted) | 2.74 | 2.40 | 1.69 | 1.60 | 1.04 | 1.14 | 0.78 | 0.95 | 0.79 | 0.61 | 0.93 | 1.01 |
| Shares Outstanding (Basic) | 486.02M | 487.61M | 488.87M | — | 494.39M | 496.17M | 496.12M | — | 496.34M | 496.13M | 495.76M | — |
| Shares Outstanding (Diluted) | 488.84M | 490.46M | 491.66M | — | 496.73M | 498.20M | 498.67M | — | 498.79M | 498.53M | 498.74M | — |
| EBITDA | 1.72B | 1.48B | 1.10B | 1.05B | 920.57M | 778.28M | 589.76M | 666.63M | 583.68M | 474.95M | 670.31M | 717.33M |
| Gross Margin | 67.32% | 67.33% | 64.71% | 63.13% | 62.14% | 61.04% | 59.03% | 57.96% | 56.71% | 54.66% | 58.66% | 60.62% |
| Operating Margin | 40.10% | 38.08% | 31.55% | 30.73% | 28.40% | 25.68% | 20.28% | 23.31% | 21.25% | 17.88% | 23.32% | 23.35% |
| Net Margin | 33.32% | 32.46% | 26.29% | 25.61% | 18.00% | 21.58% | 16.15% | 19.57% | 16.96% | 14.00% | 18.42% | 18.35% |
This table shows 12 quarterly periods of Analog Devices's income statement, from Q3 2026 back to Q4 2023, 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?