Quarterly ResultMay 20, 2026, 07:07 AM
Analog Devices Q2 Revenue $3.62B (+37%); Net Income $1.18B (+106%); EPS $2.40 (+111%)
AI Summary
Analog Devices reported strong financial results for the second fiscal quarter ended May 2, 2026, with revenue increasing 37% year-over-year to $3.62 billion and net income more than doubling to $1.18 billion. Diluted EPS also saw a significant rise of 111% to $2.40. The growth was broad-based, particularly driven by strong demand in the Industrial and Communications end markets, including AI-driven infrastructure investments. The company also announced a cash dividend of $1.10 per share and noted $8.5 billion remaining under its common stock repurchase program.
Key Highlights
- Q2 Revenue increased 37% year-over-year to $3.62 billion.
- Q2 Net income surged 106% year-over-year to $1.18 billion.
- Q2 Diluted EPS rose 111% year-over-year to $2.40.
- Gross margin improved to 67.3% in Q2 from 61.0% in the prior year.
- Industrial segment revenue grew 56% to $1.80 billion in Q2.
- Communications segment revenue increased 79% to $554.7 million in Q2.
- Net cash provided by operating activities for six months was $2.24 billion.
- Board declared a cash dividend of $1.10 per share, totaling $535.8 million.
Price Impact
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