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Analog Devices, Inc. (ADI)
NASDAQ: ADI · Real-Time Price · USD
366.67
+13.30 (3.76%)
At close: Jul 30, 2026, 4:00 PM EDT
368.99
+2.32 (0.63%)
After-hours: Jul 30, 2026, 7:59 PM EDT

Analog Devices Cash Flow Statement

Millions USD. Fiscal year is Dec - Nov.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Oct '23 Oct '22 Oct '21
Net Income
3,3132,2671,6353,3152,7491,390
Depreciation & Amortization
1,9641,9992,1042,2932,2971,075
Stock-Based Compensation
338.55321.56262.71299.82323.49243.61
Other Adjustments
-227.59-256.55-344.51-444.28-10.48134.46
Change in Receivables
--90.96133.4330.73-343.91-114.5
Changes in Inventories
--208.64191.17-242.3-470.73-65.11
Changes in Accounts Payable
-657.31-133.76-499.32171.77208.44
Changes in Income Taxes Payable
-94.391.65-263.72-91.85-6.8
Changes in Other Operating Activities
-29-87.7229.01-148.95-130.08
Operating Cash Flow
5,1064,8123,8534,8184,4752,735
Operating Cash Flow Growth
32.56%24.91%-20.03%7.65%63.63%36.18%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Oct '23 Oct '22 Oct '21
Capital Expenditures
-541.32-533.55-730.46-1,261-699.31-343.68
Sale of Property, Plant & Equipment
-58.89----
Purchases of Investments
--1,150-438.9---
Proceeds from Sale of Investments
147.82372.7869.28---
Cash Acquisitions
-35.88-45.65---2,451
Other Investing Activities
-34.75-23.75-4.77-4.9241.9436.65
Investing Cash Flow
-1,614-1,322-1,105-1,266-657.372,144

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Oct '23 Oct '22 Oct '21
Short-Term Debt Issued
12,3019,46310,1845,287400400
Short-Term Debt Repaid
-12,300-9,564-10,184-4,740-400-400
Net Short-Term Debt Issued (Repaid)
1.48-101.10.51547.2200
Long-Term Debt Issued
-1,4911,088-296.133,940
Long-Term Debt Repaid
--400-499.97-65.69-519.12-3,592
Net Long-Term Debt Issued (Repaid)
-1,091587.89-65.69-222.99347.66
Issuance of Common Stock
106.84108.91121.22118.6133.8963.11
Repurchase of Common Stock
-3,045-2,165-615.59-2,964-2,577-3,105
Net Common Stock Issued (Repurchased)
-2,938-2,056-494.38-2,845-2,543-3,042
Common Dividends Paid
-1,998-1,924-1,795-1,679-1,545-1,109
Other Financing Activities
12.277.83-12.96-20.8419.95-155.94
Financing Cash Flow
-3,431-2,983-1,714-4,064-4,291-3,960

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Oct '23 Oct '22 Oct '21
Foreign Exchange Rate Adjustments
-----34.713.17
Net Cash Flow
60.68508.061,033-512.51-507.39922.1

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Oct '23 Oct '22 Oct '21
Free Cash Flow
4,5654,2793,1223,5563,7762,391
Free Cash Flow Growth
38.61%37.05%-12.21%-5.82%57.90%29.77%
FCF Margin
35.83%38.83%33.12%28.90%31.43%32.68%
Free Cash Flow Per Share
9.378.666.267.037.225.96
Levered Free Cash Flow
4,7385,2943,6593,8513,5842,475
Unlevered Free Cash Flow
4,9214,4893,3063,5683,9672,508
SEC Filings: 10-K · 10-Q