FINANCE NOTE

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

Operations

Q2 2026
Q2 Revenue ↑ 37.2% YoY $3.62B
Segments
Industrial 49.7%
Automotive 24.0%
Communications 15.3%
Consumer 11.0%

Key Earnings Driver

Data Center Communications revenue increased 78.6% year over year to $554.7 million in Q2, with Data Center accounting for more than 75% of Communications revenue and growing more than 90%. Management said Data Center growth was driven by both its optical and power portfolios. Industrial revenue increased 56.4% to $1.8 billion, Automotive revenue increased 1.8% to $871.6 million, and Consumer revenue increased 23.1% to $397.4M.

Key Operating Metrics¹

METRIC

STATUS

Industrial↑ 56.4%

Automotive↑ 1.8%

Communications↑ 78.6%

Data Center

🟢 Scaling

Consumer↑ 23.1%

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Analog Devices website and/or SEC filings for Q2, with status based on reported data.