Analog Devices, Inc. (ADI)

Analog Devices Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 3, 2025	Nov 2, 2024	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020
Revenue	9,819	9,427	12,306	12,014	7,318	5,603
Revenue Growth (YoY)	-6.17%	-23.39%	2.43%	64.16%	30.61%	-6.48%
Cost of Revenue	4,049	4,046	4,428	4,210	2,462	1,913
Gross Profit	5,769	5,381	7,877	7,804	4,856	3,690
Selling, General & Admin	1,129	1,075	1,278	1,270	918.7	660.92
Research & Development	1,586	1,488	1,660	1,701	1,296	1,051
Operating Expenses	3,465	3,318	3,898	3,983	2,752	2,141
Operating Income	2,304	2,063	3,979	3,821	2,104	1,550
Interest Expense	-317.95	-322.23	-264.64	-200.41	-184.83	-193.31
Interest & Investment Income	99.59	78.82	41.29	6.91	1.22	4.31
Other Non Operating Income (Expenses)	-4.12	-5.38	13.12	17.42	38.55	3.37
EBT Excluding Unusual Items	2,082	1,815	3,769	3,645	1,959	1,364
Merger & Restructuring Charges	-102.89	-37.26	-160.71	-545.91	-415.54	-52.34
Other Unusual Items	22.12	-	-	-	-215.15	-
Pretax Income	2,001	1,777	3,608	3,099	1,329	1,312
Income Tax Expense	169.43	142.07	293.42	350.19	-61.71	90.86
Net Income	1,831	1,635	3,315	2,749	1,390	1,221
Net Income to Common	1,831	1,635	3,315	2,749	1,390	1,221
Net Income Growth	-14.44%	-50.66%	20.59%	97.68%	13.90%	-10.44%
Shares Outstanding (Basic)	496	496	502	519	397	369
Shares Outstanding (Diluted)	499	499	506	523	401	372
Shares Change (YoY)	-0.34%	-1.44%	-3.29%	30.38%	7.88%	-0.24%
EPS (Basic)	3.69	3.30	6.60	5.29	3.50	3.31
EPS (Diluted)	3.68	3.28	6.55	5.25	3.46	3.28
EPS Growth	-13.93%	-49.92%	24.76%	51.73%	5.49%	-10.14%
Free Cash Flow	3,294	3,122	3,556	3,776	2,391	1,843
Free Cash Flow Per Share	6.61	6.26	7.03	7.22	5.96	4.95
Dividend Per Share	3.820	3.680	3.440	3.040	2.760	2.480
Dividend Growth	7.30%	6.98%	13.16%	10.14%	11.29%	14.82%
Gross Margin	58.76%	57.08%	64.01%	64.96%	66.36%	65.86%
Operating Margin	23.47%	21.89%	32.34%	31.80%	28.76%	27.66%
Profit Margin	18.65%	17.35%	26.94%	22.88%	19.00%	21.79%
Free Cash Flow Margin	33.54%	33.12%	28.90%	31.43%	32.68%	32.89%
EBITDA	4,371	4,168	6,272	6,118	3,179	2,361
EBITDA Margin	44.52%	44.21%	50.97%	50.93%	43.44%	42.13%
D&A For EBITDA	2,067	2,104	2,293	2,297	1,075	810.92
EBIT	2,304	2,063	3,979	3,821	2,104	1,550
EBIT Margin	23.47%	21.89%	32.34%	31.80%	28.76%	27.66%
Effective Tax Rate	8.47%	7.99%	8.13%	11.30%	-	6.93%

Updated May 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q