Analog Devices, Inc.

ADI Technology Semiconductors

Analog Devices, Inc.’s revenue for fiscal 2025 (year ended October 2025) was $11.0 billion, up 16.9% from fiscal 2024. In the quarter to July 2026, revenue grew 39.6%, EPS grew 162.9%, free cash flow grew 34.3% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years.

395.44 8.51 −2.11%
Market cap
$195.7B
P/E
46.7×
Fwd P/E
0.0×
Dividend yield
0.00%
F-score
8/9
Altman Z
5.73
Beneish M
−2.77
Dividend safety
69/100

Analog Devices, Inc. (ADI) Operating margin

Alert me on Operating margin

Analog Devices, Inc.'s operating margin over the twelve months to 31 July 2026 was 35.6%, up 8.9 percentage points from fiscal 2025 (26.6%). Over the past ten years it has ranged from 21.6% (fiscal 2024) to 31.1% (fiscal 2023); the current reading is higher than 45% of that period. That is above the Semiconductors industry median of 4.76% and above the Technology sector median of 0.00%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 26.6% 5.05
FY2024 21.6% (9.51)
FY2023 31.1% 3.78
FY2022 27.3% 4.17
FY2021 23.1% (3.62)
FY2020 26.7% (1.81)
FY2019 28.6% (1.97)
FY2018 30.5% 8.36
FY2017 22.2% (7.89)
FY2016 30.1% 5.86

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 40.1% 2.02
Apr 2026 38.1% 6.53
Jan 2026 31.6% 0.82
Oct 2025 30.7% 2.33
43 more quarters

Against its own ten years

Low 21.6% High 31.1%
Ten-year median 26.7%
Current reading's percentile 100

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on ADI