ANALOG DEVICES INC

For the period ended Nov 1, 2025. Filed Nov 25, 2025.

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.

FY2025 · Filed Nov 25, 2025

ADI$363.56+0.7%Stored close · as of Nov 6, 2026

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Contents

Consolidated Statements of Income

(thousands, except per share amounts)	2025	2024	2023
Revenue
Revenue	$11,019,707	$9,427,157	$12,305,539
Costs and Expenses
Cost of sales	4,246,229	4,045,814	4,428,321
Gross margin	6,773,478	5,381,343	7,877,218
Operating expenses:
Research and development	1,766,001	1,487,863	1,660,194
Selling, marketing, general and administrative	1,255,339	1,068,640	1,273,584
Amortization of intangibles	749,662	754,784	959,618
Special charges, net	69,980	37,258	160,710
Total operating expenses	3,840,982	3,348,545	4,054,106
Operating income:	2,932,496	2,032,798	3,823,112
Nonoperating expense (income):
Interest expense	317,716	322,227	264,641
Interest income	(105,266)	(78,817)	(41,287)
Other, net	7,934	12,048	(8,245)
Total nonoperating expense (income)	220,384	255,458	215,109
Earnings
Income before income taxes	2,712,112	1,777,340	3,608,003
Provision for income taxes	444,770	142,067	293,424
Net income	$2,267,342	$1,635,273	$3,314,579
Shares used to compute earnings per common share — basic	494,381	496,166	502,232
Shares used to compute earnings per common share — diluted	496,709	498,697	505,959
Basic earnings per common share	$4.59	$3.30	$6.60
Diluted earnings per common share	$4.56	$3.28	$6.55

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.