ADI · Analog Devices Inc
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q3 FY26 earnings call · Aug 19, 2026TL;DR. ADI reported a record $4.02 billion Q3, with revenue up 40% year-over-year and adjusted EPS of $3.45, exceeding the high end of guidance, and guided Q4 to $4.3 billion in revenue with 52% adjusted operating margin and $3.86 adjusted EPS, citing AI data center and broad-based end-market demand.
- + Record $4.02B Q3 revenue exceeded the high end of outlook, up 40% year-over-year
- + Communications revenue grew 84% year-over-year with data center (now 80% of communications) up more than 100% year-over-year
- + Industrial revenue grew 53% year-over-year led by ATE, aerospace and defense, and automation
- + Trailing twelve-month free cash flow was a record $4.9 billion (36% of revenue), and Q3 returned $1.7B to shareholders via dividends and buybacks
- − Q3 inventory rose $83M sequentially to a record balance as channel weeks fell below ADI's 6-7 week target, with Empower acquisition drawing $1.5B in cash
- − Management cited macro/geopolitical and AI capex risks as factors that could slow the growth outlook into fiscal 2027
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted diluted EPS non-GAAP | $8.99 | Nine Months Ended Aug. 1, 2026 | — |
| Adjusted gross margin non-GAAP | $2.92B | Q3 FY2026 | — |
GAAP → non-GAAP reconciliationGAAP Gross margin 2.71B
+209.19M Acquisition related expenses
= Adjusted gross margin 2.92B
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| Adjusted gross margin percentage non-GAAP | 72.3% | Nine Months Ended Aug. 1, 2026 | — |
| Adjusted operating income non-GAAP | $2.01B | Q3 FY2026 | — |
GAAP → non-GAAP reconciliationGAAP Operating income 1.61B
+397.79M Acquisition related expenses
+23.39M Acquisition related transaction costs
-24.22M Special charges, net
= Adjusted operating income 2.01B
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| Adjusted operating margin non-GAAP | 48.3% | Nine Months Ended Aug. 1, 2026 | — |
| Dividend paid | -$535M | Q3 FY2026 | — |
| Free cash flow non-GAAP | 4.94B | Trailing Twelve Months Ended Aug. 1, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities 5.55B
-607.83M Capital expenditures
= Free cash flow 4.94B
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| Free cash flow as % of revenue non-GAAP | 36% | Trailing Twelve Months Ended Aug. 1, 2026 | — |
| Net cash provided by operating activities as % of revenue non-GAAP | 40% | Trailing Twelve Months Ended Aug. 1, 2026 | — |
| Operating cash flow % of revenue | 40% | Trailing Twelve Months | — |
| Stock repurchases | -$1.16B | Q3 FY2026 | — |
| Total cash returned | -$1.69B | Q3 FY2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Semiconductors — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ADI
this stock
Analog Devices Inc
|
$190.85B | +46.8% | +21.4% | 46.7 | 1.8% |
|
NVDA
Nvidia Corp
|
$5.42T | +21.8% | +65.5% | 28.5 | 1.2% |
|
TSM
Taiwan Semiconductor Manufacturing Co Ltd
|
$2.34T | +50.4% | — | — | 0.5% |
|
AVGO
Broadcom Inc.
|
$1.70T | +2.6% | +18.2% | 45.5 | 1.1% |
|
SKHY
SK hynix Inc.
|
$1.36T | — | — | — | 0.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Amount
- $1.0K–$15.0K
- Traded
- Jul 30, 2026
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ADI | +2.0% | +10.0% | +15.0% | +10.0% | +46.8% |
| SPY | -1.2% | -0.4% | +13.1% | -0.4% | +12.1% |
| vs SPY | +3.2% | +10.3% | +2.0% | +10.3% | +34.8% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.