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

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Post earnings note company quarterly analysis

Operations

As of August 23, 2026
Q3 Revenue ↑ 40% YoY $4.02B
Divisions
Industrial 49.0%
Automotive 24.8%
Communications 16.3%
Consumer 9.9%

Key Earnings Driver

Data Center Communications revenue increased 84% 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% and Consumer revenue increased 6%.

Key Operating Metrics¹

METRIC

STATUS

Industrial↑ 53%

Automotive↑ 16%

Communications↑ 84%

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

Sources: Analog Devices Q3 FY2026 Earnings Release — Company Website, Analog Devices Q3 FY2026 Form 10-Q — Financial Filings, Analog Devices Q3 FY2026 Earnings Call Transcript — LSEG Transcript

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

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

by
Pre earnings note company quarterly analysis

Operations

As of August 18, 2026
Q2 Revenue ↑ 37% YoY $3.62B
Divisions
Industrial 49.7%
Automotive 24.0%
Communications 15.3%
Consumer 11.0%

Key Earnings Driver

Data Center Communications revenue increased 79% 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% to $1.8 billion, Automotive revenue increased 2% to $871.6 million, and Consumer revenue increased 11% to $397.4M.

Key Operating Metrics¹

METRIC

STATUS

Industrial↑ 56%

Automotive↑ 2%

Communications↑ 79%

Data Center

🟢 Scaling

Consumer↑ 11%

Sources: Analog Devices Q2 FY2026 Earnings Release — Company Website, Analog Devices Q2 FY2026 Earnings Call Transcript — Company Website

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