ANALOG DEVICES INC

For the period ended Nov 2, 2024. Filed Nov 26, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Nov 26, 2024

ADI$394.66+8.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Income

(thousands, except per share amounts)	2024	2023	2022
Revenue
Revenue	$9,427,157	$12,305,539	$12,013,953
Costs and Expenses
Cost of sales	4,045,814	4,428,321	4,481,479
Gross margin	5,381,343	7,877,218	7,532,474
Operating expenses:
Research and development	1,487,863	1,660,194	1,700,518
Selling, marketing, general and administrative	1,068,640	1,273,584	1,266,175
Amortization of intangibles	754,784	959,618	1,012,572
Special charges, net	37,258	160,710	274,509
Total operating expenses	3,348,545	4,054,106	4,253,774
Operating income:	2,032,798	3,823,112	3,278,700
Nonoperating expense (income):
Interest expense	322,227	264,641	200,408
Interest income	(78,817)	(41,287)	(6,906)
Other, net	12,048	(8,245)	(13,551)
Total nonoperating expense (income)	255,458	215,109	179,951
Earnings
Income before income taxes	1,777,340	3,608,003	3,098,749
Provision for income taxes	142,067	293,424	350,188
Net income	$1,635,273	$3,314,579	$2,748,561
Shares used to compute earnings per common share — basic	496,166	502,232	519,226
Shares used to compute earnings per common share — diluted	498,697	505,959	523,178
Basic earnings per common share	$3.30	$6.60	$5.29
Diluted earnings per common share	$3.28	$6.55	$5.25

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.