Filing Flows › Analog Devices (ADI) › How it makes money
How Analog Devices (ADI) makes money
Analog Devices (ADI) made $4.0B of revenue in the third quarter fiscal 2026 (Q3 FY26), +40% from a year earlier. Of every dollar of revenue, 67¢ was left as gross profit, 40¢ was left as operating profit, 33¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 FY26 | % of revenue |
|---|---|---|
| Revenue | $4.0B | 100.0% |
| Cost of revenue | $1.3B | 32.7% |
| Gross profit | $2.7B | 67.3% |
| Operating expenses | $1.1B | 27.2% |
| Operating profit | $1.6B | 40.1% |
| Income tax | $206M | 5.1% |
| Net earnings | $1.3B | 33.3% |
| Operating cash flow | $1.6B | 39.9% |
| Free cash flow | $1.5B | 36.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 FY26 | $4.0B | +40% |
| Q2 FY26 | $3.6B | +37% |
| Q1 FY26 | $3.2B | +30% |
| Q4 FY25 | $3.1B | +26% |
| Q3 FY25 | $2.9B | +25% |
| Q2 FY25 | $2.6B | +22% |
| Q4 FY24 | $2.4B | -10% |
From Analog Devices' 10-Q filed Aug 19, 2026 (on EDGAR).
Questions
How does Analog Devices make money?
Analog Devices (ADI) made $4.0B of revenue in the third quarter fiscal 2026 (Q3 FY26), +40% from a year earlier. Of every dollar of revenue, 67¢ was left as gross profit, 40¢ was left as operating profit, 33¢ was left as net earnings.
What is Analog Devices' profit margin?
Net earnings were $1.3B, 33.3% of revenue, in the third quarter fiscal 2026; the operating margin was 40.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.