Filing Flows › Analog Devices (ADI) › Q2 FY26 › vs Q2 FY25
Analog Devices (ADI) Q2 FY26 vs Q2 FY25 (year over year)
Analog Devices's revenue rose $983M (+37%) from $2.6B in Q2 FY25 to $3.6B in Q2 FY26. Gross margin 67.3% against 61.0% (+6.3 pts).
Analog Devices, Q2 FY26: revenue $3.6B (+37% year over year), operating margin 38.1%, net earnings $1.2B, operating cash flow $872M. The chart draws each line against Q2 FY25, the increases inside each band.
Margins
| Q2 FY26 | Q2 FY25 | Change | |
|---|---|---|---|
| Gross margin | 67.3% | 61.0% | +6.3 pts |
| Operating margin | 38.1% | 25.7% | +12.4 pts |
| Net margin | 32.5% | 21.6% | +10.9 pts |
Every line
| Line | Q2 FY26 | Q2 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $3.6B | $2.6B | $983M | +37% |
| Gross profit | $2.4B | $1.6B | $828M | +51% |
| Cost of revenue | $1.2B | $1.0B | $155M | +15% |
| Operating profit | $1.4B | $678M | $702M | +104% |
| Operating expenses | $1.1B | $934M | $126M | +14% |
| Pre-tax earnings | $1.3B | $626M | $699M | +112% |
| Other expense, net | $54.9M | $52.0M | $2.8M | +5% |
| Research & development | $509M | $442M | $67.5M | +15% |
| SG&A | $363M | $303M | $60.1M | +20% |
| Other operating costs | $188M | $189M | −$1.2M | -0.6% |
| Net earnings | $1.2B | $570M | $607M | +106% |
| Income tax | $148M | $56.2M | $92.3M | +164% |
| Depreciation & amortization | $491M | $501M | −$9.7M | -2% |
| Share-based compensation | $81.7M | $72.8M | $8.9M | +12% |
| Working capital & other | $877M | $324M | $553M | +171% |
| Operating cash flow | $872M | $819M | $52.6M | +6% |
Questions
How much did Analog Devices's revenue grow year over year in Q2 FY26?
Analog Devices's revenue rose $983M (+37%) from $2.6B in Q2 FY25 to $3.6B in Q2 FY26. Gross margin 67.3% against 61.0% (+6.3 pts).