Analog Devices, Inc. (ADI)
NASDAQ:ADI
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Earnings Data
Report Date
Aug 26, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
3.3Last Year’s EPS
2.06Same Quarter Last Year
Strong Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong, broad-based demand and record financial results (revenue, EPS, margins) driven by industrial and data center momentum, robust cash generation and strategic moves (Empower) to capture AI-related power opportunities. Management acknowledged near-term risks including macro/geopolitical tensions, supply-chain choke points, elevated inventory days, a modest near-term gross margin headwind (~50 bps) and that the Empower acquisition will not be materially accretive in the immediate quarter. On balance the positives — strong growth, margin expansion, cash flow and capacity resilience — substantially outweigh the cautions.Company Guidance
Record Revenue and Earnings
Revenue of $3.62B (record) — +15% sequential, +37% year-over-year. Adjusted EPS $3.09 (record) — +26% sequential, +67% year-over-year.
Strong Profitability Expansion
Gross margin 73% (+180 bps sequential, +360 bps YoY). Operating margin 49% (+350 bps sequential, +780 bps YoY). Operating expense $872M and tax rate 11.8%.
Broad-Based Segment Strength
Industrial (50% of revenue) +20% sequential, +56% YoY. Communications +22% sequential, +79% YoY; data center ( >75% of comms) +90% YoY. Automotive 24% of revenue +8% sequential, +2% YoY. Consumer +23% YoY.
Robust Cash Generation and Returns
Trailing 12 months operating cash flow $5.1B; CapEx $0.5B. Free cash flow $4.6B (36% of revenue). Returned $5B to shareholders over trailing 12 months; net leverage 0.8.
Strategic Acquisition to Expand Power TAM
Planned acquisition of Empower Semiconductor to add IVR and silicon capacitor IP — claims to shrink customer power footprint up to 4x and reduce data center compute power consumption ~10–15%. Expected to expand TAM in AI accelerators with meaningful revenue contribution anticipated in 2027 after close and regulatory approval.
Industrial and End-Market Momentum
Collective industrial markets (automation, ETM, energy, health care, broad market) up >40% in H1 FY26. BMS demand grew >50% in FY25 and BMS returned to YoY growth in Q2; health care showing double-digit growth.
Supply Chain and Capacity Resilience
Company more than doubled internal capacity since pre-COVID and reports strong external partner relationships; management states capacity to support up to $20B (2030 vision) with built-in geographic and external optionality.
ADI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ADI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 20, 2026 | $414.31 | $398.05 | -3.92% |
Feb 18, 2026 | $336.46 | $345.29 | +2.63% |
Nov 25, 2025 | $237.81 | $250.35 | +5.27% |
Aug 20, 2025 | $228.01 | $242.29 | +6.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Analog Devices, Inc. (ADI) report earnings?
Analog Devices, Inc. (ADI) is schdueled to report earning on Aug 26, 2026, Before Open (Confirmed).
What is Analog Devices, Inc. (ADI) earnings time?
Analog Devices, Inc. (ADI) earnings time is at Aug 26, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ADI EPS forecast?
ADI EPS forecast for the fiscal quarter 2026 (Q3) is 3.3.
