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	Aug 2, 2025	Nov 2, 2024	Oct 28, 2023	Oct 29, 2022	Oct 30, 2021	Oct 31, 2020
Revenue	10,387	9,427	12,306	12,014	7,318	5,603
Revenue Growth (YoY)	7.08%	-23.39%	2.43%	64.16%	30.61%	-6.48%
Cost of Revenue	4,139	4,046	4,428	4,210	2,462	1,913
Gross Profit	6,248	5,381	7,877	7,804	4,856	3,690
Selling, General & Admin	1,197	1,075	1,278	1,270	918.7	660.92
Research & Development	1,678	1,488	1,660	1,701	1,296	1,051
Operating Expenses	3,625	3,318	3,898	3,983	2,752	2,141
Operating Income	2,623	2,063	3,979	3,821	2,104	1,550
Interest Expense	-312.36	-322.23	-264.64	-200.41	-184.83	-193.31
Interest & Investment Income	100.24	78.82	41.29	6.91	1.22	4.31
Other Non Operating Income (Expenses)	3.35	-5.38	13.12	17.42	38.55	3.37
EBT Excluding Unusual Items	2,414	1,815	3,769	3,645	1,959	1,364
Merger & Restructuring Charges	-107.24	-37.26	-160.71	-545.91	-415.54	-52.34
Other Unusual Items	34.4	-	-	-	-215.15	-
Pretax Income	2,341	1,777	3,608	3,099	1,329	1,312
Income Tax Expense	383.57	142.07	293.42	350.19	-61.71	90.86
Net Income	1,958	1,635	3,315	2,749	1,390	1,221
Net Income to Common	1,958	1,635	3,315	2,749	1,390	1,221
Net Income Growth	18.24%	-50.66%	20.59%	97.68%	13.90%	-10.44%
Shares Outstanding (Basic)	496	496	502	519	397	369
Shares Outstanding (Diluted)	498	499	506	523	401	372
Shares Change (YoY)	-0.21%	-1.44%	-3.29%	30.38%	7.88%	-0.24%
EPS (Basic)	3.95	3.30	6.60	5.29	3.50	3.31
EPS (Diluted)	3.93	3.28	6.55	5.25	3.46	3.28
EPS Growth	18.69%	-49.92%	24.76%	51.73%	5.49%	-10.14%
Free Cash Flow	3,678	3,122	3,556	3,776	2,391	1,843
Free Cash Flow Per Share	7.38	6.26	7.03	7.22	5.96	4.95
Dividend Per Share	3.890	3.680	3.440	3.040	2.760	2.480
Dividend Growth	7.46%	6.98%	13.16%	10.14%	11.29%	14.82%
Gross Margin	60.15%	57.08%	64.01%	64.96%	66.36%	65.86%
Operating Margin	25.25%	21.89%	32.34%	31.80%	28.76%	27.66%
Profit Margin	18.85%	17.35%	26.94%	22.88%	19.00%	21.79%
Free Cash Flow Margin	35.41%	33.12%	28.90%	31.43%	32.68%	32.89%
EBITDA	4,647	4,168	6,272	6,118	3,179	2,361
EBITDA Margin	44.74%	44.21%	50.97%	50.93%	43.44%	42.13%
D&A For EBITDA	2,024	2,104	2,293	2,297	1,075	810.92
EBIT	2,623	2,063	3,979	3,821	2,104	1,550
EBIT Margin	25.25%	21.89%	32.34%	31.80%	28.76%	27.66%
Effective Tax Rate	16.38%	7.99%	8.13%	11.30%	-	6.93%

Updated Aug 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q