Research memoAnalog Devices, Inc. (ADI) · NASDAQMemo of October 13, 2026

Analog Devices earnings date

Analog Devices' next results are expected on November 24, 2026. Watch whether revenue sustains the guided pace and both GAAP and adjusted profitability improve.

November 24, 2026
Next results
4,021,899
Revenue, quarter to Aug 2026 (US$ thousands)
2.74
EPS, diluted, quarter to Aug 2026
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Every number traced to Analog Devices's filings8 chapters · 16,448 words256 sources cited

What has Analog Devices guided for the quarter?

ADI’s shares could deliver a 26% three-year gain if growth and margins hold as design wins convert and AI demand supports its products. Management guides for the quarter to October 2026 to revenue of $4.2–$4.4 billion. Adjusted EPS guidance is $3.71–$4.01; GAAP EPS guidance is $2.99–$3.29.

Revenue by quarter (US$ thousands)2,443,205Nov 20242,423,174Feb 20252,640,068May 20252,880,348Aug 20253,076,117Nov 20253,160,263Jan 20263,623,465May 20264,021,899Aug 2026Revenue
Guidance in forceUS$ thousands
The period guidedLowHighThe date it was given
RevenueQuarter to Oct 20264,200,0004,400,000Aug 19, 2026
Earnings per shareQuarter to Oct 20262.993.29Aug 19, 2026
Adjusted earnings per shareQuarter to Oct 20263.714.01Aug 19, 2026

Has Analog Devices kept its past promises?

The company has also made promises that can be checked. Revenue grew 17% after Puccio expected a strong fiscal year. ADI returned 96% of free cash flow in fiscal 2025 and later reported returning more than 100% over the preceding twelve months. Free cash flow is operating cash after spending on equipment and facilities; dividends and buybacks return it to shareholders.

What are Analog Devices' last eight quarters showing?

Revenue rose 39.6% from a year earlier and 11.0% from the preceding quarter. ADI also forecast fourth-quarter revenue of $4.3 billion plus or minus $100 million. The sequence of higher quarterly sales gives that forecast context, while keeping it a forecast.

Net income and diluted EPS rose much faster than revenue because the comparison lacked the prior-year tax charge. Cash provided a firmer check: quarterly free cash flow also increased, though it fluctuated during the intervening quarters. Empower’s revenue and earnings were immaterial, so the acquisition did not explain the sales jump.

The last eight quartersUS$ thousands
Aug 2026May 2026Jan 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024
Revenue4,021,8993,623,4653,160,2633,076,1172,880,3482,640,0682,423,1742,443,205
Gross margin67.3%67.3%64.7%63.1%62.1%61.0%59.0%58.0%
Operating income1,612,9691,379,680997,026945,212818,028677,944491,313569,392
Net income1,340,0901,176,350830,826787,739518,518569,770391,316478,072
EPS, diluted2.742.401.691.601.041.140.780.96

What should people watch in Analog Devices' next results?

The first checkpoint is the fiscal year ending October 31, 2026, followed by the results announcement, currently estimated for November 24 but not confirmed. Investors should watch whether revenue sustains the guided pace and whether both GAAP and adjusted profitability improve.

From the full memo · 1. The business

Analog Devices makes chips that let equipment measure the physical world, work with what it measures, communicate, and use electricity. Its business is the movement of those chips from engineering choice to factory, customer, payment, and profit.

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