Form 10-Q · Quarterly report
Analog Devices 10-Q, filed Aug 19, 2026
- Filed
- CIK
- 0000006281
- Accession no.
- 0000006281-26-000073
Summary
Analog Devices reported fiscal third-quarter revenue of $4.02 billion, up 40% from a year earlier, with net income of $1.34 billion, or $2.74 per diluted share, and gross margin of 67.3%. The company attributed broad-based demand across its end markets, with the strongest growth in communications coming from the data-center sub-market amid artificial intelligence-related infrastructure investment, and said the higher gross margin reflected increased manufacturing utilization and favorable product mix.
Key points
- Three-month revenue rose 40% to $4.02 billion and nine-month revenue rose 36% to $10.81 billion compared with the same periods of the prior fiscal year.
- Communications revenue grew 84% in the quarter to $654.5 million; the company said the strongest growth there came from the data-center sub-market, driven by AI-related infrastructure investments.
- Gross margin rose to 67.3% from 62.1% in the quarter, which the company attributed to higher utilization of manufacturing fixed costs on increased customer demand and favorable product mix.
- Special charges included a $24.4 million gain on the sale of a subsidiary in Penang, Malaysia, partly offset over the nine-month period by a $15.6 million impairment charge related to leased facilities in San Jose, California.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. Management’s Discussion Results of Operations Overview Amounts in the tables below are reflected in thousands except per share amounts and percentages. Three Months Ended August 1, 2026 August 2, 2025 $ Change % Change Revenue $ 4,021,899 $ 2,880,348 $ 1,141,551 40 % Gross margin % 67.3 % 62.1 % Net income $ 1,340,090 $ 518,518 $ 821,572 158 % Net income as a % of revenue 33.3 % 18.0 % Diluted EPS $ 2.74 $ 1.04 $ 1.70 163 % Nine Months Ended August 1, 2026 August 2, 2025 $ Change % Change Revenue $ 10,805,627 $ 7,943,590 $ 2,862,037 36 % Gross margin % 66.6 % 60.8 % Net income $ 3,347,266 $ 1,479,604 $ 1,867,662 126 % Net income as a % of revenue 31.0 % 18.6 % Diluted EPS $ 6.83 $…
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.