Analog Devices, Inc. (ADI) — Financial statements
Income statement, balance sheet, and cash flow for Analog Devices, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 11,020↑16.9% | 9,427↓23.4% | 12,306↑2.4% | 12,014↑64.2% | 7,318 | |
| Cost of Revenue | 4,246↑5.0% | 4,046↓8.6% | 4,428↑5.2% | 4,210↑71.0% | 2,462 | |
| Gross Profit | 6,773↑25.9% | 5,381↓31.7% | 7,877↑0.9% | 7,804↑60.7% | 4,856 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,766↑18.7% | 1,488↓10.4% | 1,660↓2.4% | 1,701↑31.2% | 1,296 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,255↑16.7% | 1,075↓15.9% | 1,278↑0.7% | 1,270↑38.2% | 919 | |
| Other Expenses | 820↑4.4% | 785↓29.6% | 1,115↓28.2% | 1,555↑63.8% | 949 | |
| Operating Expenses | 3,841↑14.7% | 3,349↓17.4% | 4,054↓10.4% | 4,525↑43.0% | 3,164 | |
| Total Costs & Expenses | 8,087↑9.4% | 7,394↓12.8% | 8,482↓2.9% | 8,735↑55.3% | 5,626 | |
| Operating Results | ||||||
| Operating Income | 2,932↑44.3% | 2,033↓46.8% | 3,823↑16.6% | 3,279↑93.8% | 1,692 | |
| Depreciation & Amortization | 1,999↓5.0% | 2,104↓8.2% | 2,293↓0.2% | 2,297↑113.8% | 1,075 | |
| EBITDA | 5,029↑19.6% | 4,204↓31.8% | 6,166↑10.2% | 5,597↑116.2% | 2,588 | |
| EBIT | 3,030↑44.3% | 2,100↓45.8% | 3,873↑17.4% | 3,299↑118.0% | 1,514 | |
| Interest & Other Income | ||||||
| Net Interest Income | -212↑12.7% | -243↓9.0% | -223↓15.4% | -194↓5.4% | -184 | |
| Interest Income | 105↑33.6% | 79↑90.9% | 41↑497.8% | 7↑466.1% | 1 | |
| Interest Expense | 318↓1.4% | 322↑21.8% | 265↑32.1% | 200↑8.4% | 185 | |
| Non-Operating Income | -97↓45.8% | -67↓34.8% | -50↓142.1% | -20↓111.5% | 179 | |
| Other Income / Expenses | -220↑13.7% | -255↓18.8% | -215↓19.5% | -180↑50.5% | -363 | |
| Income Before Tax | 2,712↑52.6% | 1,777↓50.7% | 3,608↑16.4% | 3,099↑133.2% | 1,329 | |
| Income Tax Expense | 445↑213.1% | 142↓51.6% | 293↓16.2% | 350↑667.5% | -62 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,267↑38.7% | 1,635↓50.7% | 3,315↑20.6% | 2,749↑97.7% | 1,390 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,267↑38.7% | 1,635↓50.7% | 3,315↑20.6% | 2,749↑97.7% | 1,390 | |
| Bottom-Line Net Income | 2,267↑38.7% | 1,635↓50.7% | 3,315↑20.6% | 2,749↑97.7% | 1,390 | |
| EPS (Basic) | 4.59↑39.1% | 3.30↓50.0% | 6.60↑24.8% | 5.29↑51.1% | 3.50 | |
| EPS (Diluted) | 4.56↑39.0% | 3.28↓49.9% | 6.55↑24.8% | 5.25↑51.7% | 3.46 | |
| Weighted Average Shares | 494↓0.4% | 496↓1.2% | 502↓3.3% | 519↑30.6% | 397 | |
| Weighted Average Diluted Shares | 497↓0.4% | 499↓1.4% | 506↓3.3% | 523↑30.4% | 401 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.