ANALOG DEVICES INC is expected to release its Q3 2026 10-Q filing on August 18, 2026, before market open. Last quarter: ADI delivered exceptional Q2 FY2026 results with revenue surging 37.2% YoY to $3.62B and net income more than doubling to $1.18B, driven by strong demand recovery and significant margin expansion across all profitability metrics.
EPS Estimate
$3.37
Revenue Estimate
$3.96B
Analyst consensus from Finnhub. Actual results posted within minutes of the SEC filing on the ADI page.
Drawn from management commentary in the Q2 2026 10-Q:
ADI reported Q2 FY2026 revenue of $3.62B, up sharply from $2.64B in Q2 FY2025, reflecting a robust demand recovery across its end markets. This represents one of the strongest quarterly growth rates the company has seen in recent periods.
Gross margin improved by approximately 630 basis points YoY to 67.3% from 61.0%, indicating improved operating leverage and a more favorable product mix. Cost of revenue grew only 15.1% versus revenue growth of 37.2%, demonstrating strong incremental margins.
Operating income reached $1.38B in Q2 FY2026, up 103.5% from $678M in Q2 FY2025. Operating margin expanded dramatically to 38.1% from 25.7%, reflecting the high fixed-cost leverage inherent in ADI's semiconductor business model.
Revenue
$3.62B
++37.25% YoY
EPS (Basic)
$2.41
++109.57% YoY
Gross Margin
67.3%
++6.29% YoY
Operating Income
$1.38B
++103.51% YoY
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