Filing Flows › Analog Devices (ADI) › Q3 FY26 › vs Q2 FY26
Analog Devices (ADI) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Analog Devices's revenue rose $398M (+11%) from $3.6B in Q2 FY26 to $4.0B in Q3 FY26. Gross margin 67.3% against 67.3% (-0.0 pts).
Analog Devices, Q3 FY26: revenue $4.0B (+40% year over year), operating margin 40.1%, net earnings $1.3B, operating cash flow $1.6B. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 67.3% | 67.3% | -0.0 pts |
| Operating margin | 40.1% | 38.1% | +2.0 pts |
| Net margin | 33.3% | 32.5% | +0.9 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $4.0B | $3.6B | $398M | +11% |
| Gross profit | $2.7B | $2.4B | $268M | +11% |
| Cost of revenue | $1.3B | $1.2B | $131M | +11% |
| Operating profit | $1.6B | $1.4B | $233M | +17% |
| Operating expenses | $1.1B | $1.1B | $34.5M | +3% |
| Pre-tax earnings | $1.5B | $1.3B | $221M | +17% |
| Other expense, net | $67.1M | $54.9M | $12.2M | +22% |
| Research & development | $533M | $509M | $24.2M | +5% |
| SG&A | $397M | $363M | $34.5M | +10% |
| Other operating costs | $164M | $188M | −$24.2M | -13% |
| Net earnings | $1.3B | $1.2B | $164M | +14% |
| Income tax | $206M | $148M | $57.3M | +39% |
| Depreciation & amortization | $494M | $491M | $3.3M | +0.7% |
| Share-based compensation | $96.3M | $81.7M | $14.5M | +18% |
| Working capital & other | $327M | $877M | −$550M | -63% |
| Operating cash flow | $1.6B | $872M | $732M | +84% |
Questions
How much did Analog Devices's revenue grow quarter over quarter in Q3 FY26?
Analog Devices's revenue rose $398M (+11%) from $3.6B in Q2 FY26 to $4.0B in Q3 FY26. Gross margin 67.3% against 67.3% (-0.0 pts).