ADI
Analog Devices Inc
NASDAQ: ADI · TECHNOLOGY · SEMICONDUCTORS
$402.26
+3.33% today
Updated 2026-04-29
Market cap
$190.06B
P/E ratio
70.91
P/S ratio
16.17x
EPS (TTM)
$5.49
Dividend yield
1.06%
52W range
$191 – $408
Volume
3.8M
Analog Devices Inc (ADI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.25B | $2.46B | $2.58B | $2.01B | $2.76B | $2.99B | $2.70B | $2.63B | $2.86B | $3.44B | $3.42B | $5.25B | $6.22B | $5.99B | $5.60B | $7.32B | $12.01B | $12.31B | $9.43B | $11.02B |
| Revenue growth (YoY) | — | +9.5% | +4.8% | -22.0% | +37.1% | +8.4% | -9.8% | -2.5% | +8.8% | +19.9% | -0.4% | +53.3% | +18.6% | -3.8% | -6.5% | +30.6% | +64.2% | +2.4% | -23.4% | +16.9% |
| Cost of revenue | $856.50M | $956.45M | $1.01B | $896.27M | $962.08M | $1.01B | $960.14M | $941.28M | $1.03B | $1.18B | $1.19B | $1.72B | $1.97B | $1.98B | $1.91B | $2.46B | $4.21B | $4.43B | $4.05B | $4.25B |
| Gross profit | $1.39B | $1.51B | $1.58B | $1.12B | $1.80B | $1.99B | $1.74B | $1.69B | $1.83B | $2.26B | $2.23B | $3.53B | $4.25B | $4.01B | $3.69B | $4.86B | $7.80B | $7.88B | $5.38B | $6.77B |
| Gross margin | 61.9% | 61.2% | 61.1% | 55.5% | 65.2% | 66.4% | 64.5% | 64.3% | 63.9% | 65.8% | 65.1% | 67.2% | 68.3% | 67.0% | 65.9% | 66.4% | 65.0% | 64.0% | 57.1% | 61.5% |
| R&D | $459.85M | $509.55M | $533.48M | $446.98M | $492.31M | $505.57M | $511.94M | $513.03M | $559.69M | $637.46M | $653.82M | $968.13M | $1.17B | $1.13B | $1.05B | $1.30B | $1.70B | $1.66B | $1.49B | $1.77B |
| SG&A | $394.10M | $393.20M | $415.70M | $333.18M | $390.60M | $406.70M | $373.42M | $367.81M | $421.40M | $478.97M | $432.86M | $650.17M | $644.55M | $648.09M | $659.92M | $915.42M | $1.27B | $1.27B | $1.07B | $1.26B |
| Operating income | $526.20M | $568.72M | $625.02M | $284.82M | $900.07M | $1.07B | $824.05M | $753.08M | $752.48M | $830.84M | $1.03B | $1.16B | $1.90B | $1.71B | $1.50B | $1.69B | $3.28B | $3.82B | $2.03B | $2.93B |
| Operating margin | 23.4% | 23.1% | 24.2% | 14.1% | 32.6% | 35.8% | 30.5% | 28.6% | 26.3% | 24.2% | 30.0% | 22.2% | 30.5% | 28.6% | 26.7% | 23.1% | 27.3% | 31.1% | 21.6% | 26.6% |
| EBITDA | $720.08M | $723.51M | $778.50M | $441.41M | $1.03B | $1.20B | $949.79M | $952.84M | $906.10M | $1.06B | $1.26B | $1.77B | $2.71B | $2.53B | $2.32B | $2.59B | $5.60B | $6.17B | $4.20B | $5.03B |
| EBITDA margin | 32.0% | 29.4% | 30.1% | 21.9% | 37.4% | 40.0% | 35.2% | 36.2% | 31.6% | 30.8% | 36.7% | 33.7% | 43.5% | 42.2% | 41.3% | 35.4% | 46.6% | 50.1% | 44.6% | 45.6% |
| EBIT | $547.91M | $568.72M | $625.02M | $301.54M | $912.09M | $1.08B | $839.96M | $842.42M | $764.13M | $837.14M | $1.05B | $1.19B | $1.91B | $1.71B | $1.50B | $1.51B | $3.30B | $3.87B | $2.10B | $3.03B |
| Interest expense | $111.34M | $89.17M | $41.08M | $4.09M | $10.43M | $19.15M | $26.42M | $27.10M | $34.78M | $27.03M | $88.76M | $250.84M | $253.59M | $229.07M | $193.31M | $184.82M | $200.41M | $264.64M | $322.23M | $317.72M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $549.48M | $496.91M | $786.28M | $247.77M | $712.08M | $867.39M | $651.24M | $673.49M | $629.32M | $696.88M | $861.66M | $805.38M | $1.51B | $1.36B | $1.22B | $1.39B | $2.75B | $3.31B | $1.64B | $2.27B |
| Net income growth (YoY) | — | -9.6% | +58.2% | -68.5% | +187.4% | +21.8% | -24.9% | +3.4% | -6.6% | +10.7% | +23.6% | -6.5% | +87.1% | -9.6% | -10.4% | +13.9% | +97.7% | +20.6% | -50.7% | +38.7% |
| Profit margin | 24.4% | 20.2% | 30.4% | 12.3% | 25.8% | 29.0% | 24.1% | 25.6% | 22.0% | 20.3% | 25.2% | 15.4% | 24.2% | 22.8% | 21.8% | 19.0% | 22.9% | 26.9% | 17.3% | 20.6% |