Analog Devices, Inc. (ADI)

Analog Devices Income Statement

Financials in millions USD. Fiscal year is December - November.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 1, 2025	Nov 2, 2024	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021
Revenue	11,020	9,427	12,306	12,014	7,318
Revenue Growth (YoY)	16.89%	-23.39%	2.43%	64.16%	30.61%
Cost of Revenue	4,246	4,046	4,428	4,210	2,462
Gross Profit	6,773	5,381	7,877	7,804	4,856
Selling, General & Admin	1,262	1,075	1,278	1,270	918.7
Research & Development	1,766	1,488	1,660	1,701	1,296
Amortization of Goodwill & Intangibles	749.66	754.78	959.62	1,013	536.81
Operating Expenses	3,778	3,318	3,898	3,983	2,752
Operating Income	2,996	2,063	3,979	3,821	2,104
Interest Expense	-317.72	-322.23	-264.64	-200.41	-184.83
Interest & Investment Income	105.27	78.82	41.29	6.91	1.22
Other Non Operating Income (Expenses)	-0.98	-5.38	13.12	17.42	38.55
EBT Excluding Unusual Items	2,782	1,815	3,769	3,645	1,959
Merger & Restructuring Charges	-69.98	-37.26	-160.71	-545.91	-415.54
Other Unusual Items	-	-	-	-	-215.15
Pretax Income	2,712	1,777	3,608	3,099	1,329
Income Tax Expense	444.77	142.07	293.42	350.19	-61.71
Net Income	2,267	1,635	3,315	2,749	1,390
Net Income to Common	2,267	1,635	3,315	2,749	1,390
Net Income Growth	38.65%	-50.66%	20.59%	97.68%	13.90%
Shares Outstanding (Basic)	494	496	502	519	397
Shares Outstanding (Diluted)	497	499	506	523	401
Shares Change (YoY)	-0.40%	-1.44%	-3.29%	30.38%	7.88%
EPS (Basic)	4.59	3.30	6.60	5.29	3.50
EPS (Diluted)	4.56	3.28	6.55	5.25	3.46
EPS Growth	39.02%	-49.92%	24.76%	51.73%	5.49%
Free Cash Flow	4,279	3,122	3,556	3,776	2,391
Free Cash Flow Per Share	8.61	6.26	7.03	7.22	5.96
Dividend Per Share	3.960	3.680	3.440	3.040	2.760
Dividend Growth	7.61%	6.98%	13.16%	10.14%	11.29%
Gross Margin	61.47%	57.08%	64.01%	64.96%	66.36%
Operating Margin	27.18%	21.89%	32.34%	31.80%	28.76%
Profit Margin	20.57%	17.35%	26.94%	22.88%	19.00%
Free Cash Flow Margin	38.83%	33.12%	28.90%	31.43%	32.68%
EBITDA	4,994	4,168	6,272	6,118	3,179
EBITDA Margin	45.32%	44.21%	50.97%	50.93%	43.44%
D&A For EBITDA	1,999	2,104	2,293	2,297	1,075
EBIT	2,996	2,063	3,979	3,821	2,104
EBIT Margin	27.18%	21.89%	32.34%	31.80%	28.76%
Effective Tax Rate	16.40%	7.99%	8.13%	11.30%	-

Updated Nov 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q