ADI
Analog Devices, Inc.278.40
-2.04-0.73%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q1 '26
Q&A quantifies data center, Q2 details
Q&A delivered granular Q2 end-market details: industrial surges 20% sequentially on cyclical recovery and ATE, communications high-single digits on AI/wireless, auto flat amid tariff unwind, consumer mid-single down. Data center quantified at 20% revenue ($2B+ run rate), split 40% ATE/balanced power-optical, all eyeing double-digit growth. No restocking evident; orders track consumption. Pricing fueled a third of Q2 growth, half one-time channel effect. No walk-backs, just affirmation with levers exposed. Investors track auto H2 rebound.
Key Stats
Market Cap
136.32BP/E (TTM)
60.92Basic EPS (TTM)
4.57Dividend Yield
0.01%Recent Filings
8-K
8-K
Q1 revenue surges 30%
10-Q
Q1 FY2026 results
Analog Devices crushed Q1 FY2026 ended January 31, 2026, with revenue jumping 30% y/y to $3.2B on industrial (47%, +38%) and communications (15%, +63%) surges, while gross margin expanded 5.7 points to 64.7% from better factory utilization and mix. Operating income more than doubled to $997M, diluted EPS soared 117% to $1.69 on 492M shares—checks out perfectly. Operating cash flow hit $1.4B (+22% y/y), free cash flow $1.3B (derived), cash pile swelled to $4.0B despite $516M buybacks and $484M dividends; total debt $8.8B includes $0.9B current and $3.0B revolver fully available, covenants met. Global repositioning racked $32M severance plus $16M San Jose impairment. Supply chain snarls linger.
8-K
Matsuoka joins ADI board
Analog Devices expanded its board to 11 members by appointing Yoky Matsuoka as independent director and Corporate Development Committee member on January 20, 2026, effective immediately through the March 11 annual meeting. Susie Wee retires post-meeting, with no disagreements. Matsuoka's AI, robotics, and innovation expertise at Panasonic, Google, and Apple bolsters ADI's edge tech push. Board gets fresh firepower.
8-K
ADI smashes Q4 estimates
Analog Devices crushed Q4 with $3.08B revenue, up 26% year-over-year, fueled by 34% Industrial and 37% Communications surges. Fiscal 2025 hit $11B revenue (17% growth), $4.8B operating cash flow, and returned 96% of $4.3B free cash flow via $2.2B buybacks and $1.9B dividends. Q1 2026 eyes $3.1B revenue. Cash machine hums.
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