FINANCE NOTE

Analog Devices (NASDAQ: ADI) — Q3 FY2026 Post Earnings

Operations

Q3 2026
Q3 Revenue ↑ 39.6% YoY $4.02B
Segments
Industrial 49.0%
Automotive 24.8%
Communications 16.3%
Consumer 9.9%

Key Earnings Driver

Data Center Communications revenue increased 84.5% year over year to $654.5M. Within Communications, Data Center growth exceeded 100%, with demand across both the optical and power portfolios supporting growth. Analog Devices CEO Vincent Roche said growth across all end markets was “led by data center and industrial,” with Industrial revenue increasing 53%. Automotive revenue increased 16.5% and Consumer revenue increased 5.8%.

Key Operating Metrics¹

METRIC

STATUS

Industrial↑ 52.5%

Automotive↑ 16.5%

Communications↑ 84.5%

Data Center

🟢 Scaling

Key Financial Metrics

Gross Margin 67.30% +5.2 pp YoY
Backlog / Revenue N/A
CapEx Intensity 3.62% 0.03x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Analog Devices website and/or SEC filings for Q3, with status based on reported data.