Analog Devices Inc. (ADI)

Name: Analog Devices Inc. (ADI): results, filings decoded, planned insider sales, 13F holders, insiders, Congress and short interest
Creator: GreekSoup
License: https://creativecommons.org/licenses/by/4.0/

Compare with another name

Analog Devices Inc. (ADI) reported revenue of $4.0 billion for Q3 FY2026, the quarter ended 1 August 2026, up 39.6% on the same quarter a year earlier. Net income was $1.3 billion, up 158.4% on the year, and diluted earnings per share $2.74. The figures are the company's own, from the 10-Q it filed with the SEC on 19 August 2026.

Revenue$4.0 billionup 39.6%

Net income$1.3 billionup 158.4%

Diluted EPS$2.74

QuarterQ3 FY2026ended 1 August 2026

Ratios

From the filings

ROE12.3%

ROCE12.2%

Operating margin35.5%

Net margin29.8%

FCF margin35.6%

Interest cover14.07

Debt to equity0.20

Cash conversion1.34

Share count, 1 year-1.5%

Sales CAGR, 3 years-2.8%

Profit CAGR, 3 years-6.2%

EPS, TTM$8.43

At the close of 21 September 2026

Price$383.00

Market cap$185.6 billion

Stock P/E45.43

Price to book5.53

EV / EBITDA27.54

Dividend yield1.0%

Market cap / sales13.37

52-week high$445.48

52-week low$225.20

Price, 1 year56.1%

Price CAGR, 3 years29.7%

Price CAGR, 5 years17.1%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Analog Devices Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Show

50-day average 200-day average Volume

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on ADI

Filings	21 in twelve months: 11 current reports (8-K), about 4 results of operations; 3 regulation fd disclosure; 2 material agreement; 2 other events; 2 officer or director change
Planned insider sales	33 Form 144 notices in twelve months, $99.5 million; latest 9 September 2026
Options tape	put/call 0.3 by open interest on 23 September 2026; the straddle prices a 2.8% move to 25 September 2026
Holders	11 of the followed funds hold it; largest Geode Capital Management; 2 Schedule 13D or 13G filings in twelve months
Insider trading	155 sales and 0 purchases on Form 4 in twelve months
Congress	6 House trades disclosed in six months
Short interest	8.8 million shares short, 2.18 days to cover at 31 August 2026
Documents	the 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	2,716	2,513	2,159	2,312	2,443	2,423	2,640	2,880	3,076	3,160	3,623	4,022
Cost of revenue	1,070	1,039	979	1,001	1,027	993	1,028	1,091	1,134	1,115	1,184	1,314
Gross profit	1,647	1,474	1,180	1,311	1,416	1,430	1,612	1,790	1,942	2,045	2,440	2,708
Gross margin	61%	59%	55%	57%	58%	59%	61%	62%	63%	65%	67%	67%
R&D	407	391	355	363	379	403	442	454	467	467	509	533
SG&A	289	290	244	257	277	285	303	326	342	345	363	397
Operating income	634	586	386	491	569	491	678	818	945	997	1,380	1,613
Operating margin	23%	23%	18%	21%	23%	20%	26%	28%	31%	32%	38%	40%
Interest expense	71.6	77.1	77.1	85.2	82.8	75.3	74.7	79.6	88.2	86.3	87.6	88.7
Pre-tax income	572	513	325	423	516	436	626	763	887	946	1,325	1,546
Tax rate	13%	10%	7%	7%	7%	10%	9%	32%	11%	12%	11%	13%
Net income	498	463	302	392	478	391	570	519	788	831	1,176	1,340
Net margin	18%	18%	14%	17%	20%	16%	22%	18%	26%	26%	32%	33%
Diluted EPS	$1.01	$0.93	$0.61	$0.79	$0.95	$0.78	$1.14	$1.04	$1.60	$1.69	$2.40	$2.74
Operating cash flow	1,187	1,139	808	855	1,051	1,127	819	1,165	1,701	1,369	872	1,604
Capital expenditure	476	223	188	154	165	149	90.3	79.2	215	109	138	146
Free cash flow	711	916	620	701	885	978	729	1,086	1,486	1,259	734	1,458
Buybacks	470	180	222	118	94.9	160	249	1,075	680	516	773	1,157
Dividends paid	428	426	456	456	457	456	491	490	487	484	536	535
Shares outstanding	496m	496m	496m	496m	496m	496m	496m	492m	490m	488m	487m	485m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

	FY2014	FY2015 †	FY2016 †	FY2017 †	FY2018 †	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM
Revenue	2,865	3,435	3,421	5,108	6,201	5,991	5,603	7,318	12,014	12,306	9,427	11,020	13,882
Cost of revenue	1,035	1,176	1,194	2,078	1,974	1,977	1,913	2,793	4,481	4,428	4,046	4,246	4,748
Gross profit	1,830	2,259	2,227	3,168	4,250	4,014	3,690	4,525	7,532	7,877	5,381	6,773	9,134
Gross margin	63.9%	65.8%	65.1%	62.0%	68.5%	67.0%	65.9%	61.8%	62.7%	64.0%	57.1%	61.5%	65.8%
Research and development	560	637	654	969	1,165	1,130	1,051	1,296	1,701	1,660	1,488	1,766	1,977
Selling, general and administrative	455	479	461	691	696	648	660	915	1,266	1,274	1,069	1,255	1,448
Operating income	752	831	1,028	1,163	1,900	1,711	1,498	1,692	3,279	3,823	2,033	2,932	4,935
Operating margin	26.3%	24.2%	30.0%	22.8%	30.6%	28.6%	26.7%	23.1%	27.3%	31.1%	21.6%	26.6%	35.5%
Interest expense	34.8	27.0	88.8	251	254	229	193	185	200	265	322	318	351
Pre-tax income	729	810	957	935	1,655	1,486	1,312	1,329	3,099	3,608	1,777	2,712	4,704
Income tax	100	113	95.3	129	148	123	90.9	-61.7	350	293	142	445	569
Effective tax rate	13.7%	14.0%	10.0%	13.8%	9.0%	8.3%	6.9%	-4.6%	11.3%	8.1%	8.0%	16.4%	12.1%
Net income	629	697	862	805	1,507	1,363	1,221	1,390	2,749	3,315	1,635	2,267	4,135
Net margin	22.0%	20.3%	25.2%	15.8%	24.3%	22.8%	21.8%	19.0%	22.9%	26.9%	17.3%	20.6%	29.8%
Diluted EPS	n/a	n/a	n/a	n/a	n/a	n/a	$3.28	$3.46	$5.25	$6.55	$3.28	$4.56	$8.43
Filing	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

	FY2014	FY2015 †	FY2016 †	FY2017 †	FY2018 †	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM
Operating cash flow	872	908	1,291	1,154	2,442	2,253	2,008	2,735	4,475	4,818	3,853	4,812	5,545
Capital expenditure	178	154	127	204	255	275	166	344	699	1,261	730	534	608
Free cash flow	694	754	1,164	950	2,187	1,978	1,843	2,391	3,776	3,556	3,122	4,279	4,937
Free cash flow margin	24.2%	21.9%	34.0%	18.6%	35.3%	33.0%	32.9%	32.7%	31.4%	28.9%	33.1%	38.8%	35.6%
Depreciation and amortisation	142	222	210	584	799	811	811	1,075	2,297	2,293	2,104	1,999	1,971
Share-based compensation	50.8	68.9	63.4	104	151	150	150	244	323	300	263	322	350
Buybacks	356	227	370	46.5	226	613	244	2,605	2,577	2,964	616	2,165	3,127
Dividends paid	454	491	513	602	703	777	886	1,109	1,545	1,679	1,795	1,924	2,043
Dividend per share	$1.45	$1.57	$1.66	$1.77	$1.89	$2.10	$2.40	$2.69	$2.97	$3.34	$3.62	$3.89	n/a
Diluted shares, weighted	318m	317m	312m	350m	375m	373m	372m	401m	523m	506m	499m	497m	489m
Shares outstanding at period end	311m	312m	308m	369m	370m	368m	369m	525m	509m	496m	496m	490m	485m
Filing	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

	FY2014	FY2015 †	FY2016 †	FY2017 †	FY2018 †	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM
Total assets	6,860	7,062	7,970	21,141	20,450	21,393	21,469	52,322	50,302	48,794	48,228	47,993	48,424
Cash and equivalents	569	884	921	1,048	817	648	1,056	1,978	1,471	958	1,991	2,499	2,166
Receivables	397	467	478	689	640	635	738	1,459	1,800	1,470	1,336	1,436	2,390
Inventory	368	412	377	551	587	610	608	1,201	1,400	1,642	1,448	1,656	1,931
Goodwill	1,642	1,637	1,679	12,217	12,253	12,257	12,278	26,918	26,913	26,913	26,910	26,945	27,989
Long-term debt	n/a	n/a	n/a	n/a	n/a	n/a	n/a	6,777	6,577	5,902	6,634	8,145	6,772
Borrowings, as the company tags them	873	495	1,732	7,551	6,266	5,192	5,145	6,253	6,549	n/a	6,717	8,217	n/a
Operating lease liabilities	n/a	n/a	n/a	n/a	n/a	n/a	288	296	337	360	319	284	n/a
Shareholders' equity	4,758	5,073	5,166	10,162	11,268	11,709	11,998	37,993	36,465	35,565	35,176	33,816	33,551
Filing	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

	10 years	5 years	3 years	TTM
Sales growth, compounded	12.4%	14.5%	-2.8%	33.6%
Profit growth, compounded	12.5%	13.2%	-6.2%	111.2%
Return on equity, average	9.2%	6.4%	6.9%	6.7%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Semiconductors & Related Devices

Company	Market cap	P/E	ROE	Op. margin	Sales growth TTM	Debt to equity	Div. yield
NVIDIA Corp. NVDA	$5.48 trillion	28.75	84.2%	65.2%	83.4%	0.15	0.0%
Broadcom Inc. AVGO	$1.73 trillion	46.26	38.4%	48.0%	48.7%	0.61	0.7%
Micron Technology Inc. MU	$1.18 trillion	23.64	50.1%	65.6%	167.0%	0.05	0.0%
Advanced Micro Devices Inc. AMD	$1.00 trillion	158.23	9.6%	15.7%	39.5%	0.05	n/a
Intel Corp. INTC	$614.1 billion	n/a	-12.9%	-0.1%	7.5%	0.55	0.3%
Applied Materials Inc. AMAT	$368.4 billion	40.09	36.2%	29.6%	7.8%	0.20	0.4%
Texas Instruments Inc. TXN	$247.4 billion	41.17	33.6%	37.3%	16.7%	0.78	2.0%
Marvell Technology, Inc. MRVL	$225.7 billion	85.23	14.2%	16.5%	30.6%	0.27	0.1%
Analog Devices Inc. ADI	$185.6 billion	45.43	12.3%	35.5%	33.6%	0.20	1.0%
Monolithic Power Systems, Inc. MPWR	$62.8 billion	n/a	n/a	28.7%	28.7%	n/a	0.6%
NXP Semiconductors N.V. NXPI	$58.7 billion	22.22	24.3%	30.4%	2.4%	1.00	1.7%
Microchip Technology Inc. MCHP	$40.6 billion	109.97	7.4%	15.5%	20.9%	0.83	2.4%
ON Semiconductor Corp. ON	$27.9 billion	47.50	8.7%	10.8%	-3.1%	0.62	n/a
Qnity Electronics, Inc. Q	$25.5 billion	43.66	8.1%	n/a	n/a	0.55	0.1%
First Solar, Inc. FSLR	$21.5 billion	12.32	16.9%	33.6%	23.8%	0.00	n/a
Skyworks Solutions, Inc. SWKS	$13.4 billion	45.74	5.1%	7.6%	0.1%	0.09	3.2%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

Filing	Period	Filed	Where
10-Q	1 August 2026	19 August 2026	EDGAR
10-Q	2 May 2026	20 May 2026	EDGAR
10-Q	31 January 2026	18 February 2026	EDGAR
10-K	1 November 2025	25 November 2025	EDGAR
10-Q	2 August 2025	20 August 2025	EDGAR
10-Q	3 May 2025	22 May 2025	EDGAR
10-Q	1 February 2025	19 February 2025	EDGAR
10-K	2 November 2024	26 November 2024	EDGAR
10-Q	3 August 2024	21 August 2024	EDGAR
10-Q	4 May 2024	22 May 2024	EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install