Quarterly ResultMay 20, 2026, 07:07 AM
Analog Devices Q2 Revenue $3.62B, EPS $2.40; Dividend $1.10
AI Summary
Analog Devices, Inc. reported record financial results for its fiscal second quarter ended May 2, 2026, with revenue of $3.62 billion, up 37% year-over-year, and GAAP diluted EPS of $2.40, a 111% increase. The company exceeded its outlook, driven by record demand and strong operational discipline, particularly in its Industrial and Communications end markets. Analog Devices also generated $4.6 billion in free cash flow on a trailing twelve-month basis and returned $1.3 billion to shareholders in the quarter, while providing a strong outlook for the third quarter of fiscal 2026.
Key Highlights
- Q2 2026 revenue reached a record $3.62 billion, a 37% increase year-over-year.
- Q2 2026 GAAP diluted EPS was $2.40, up 111% year-over-year.
- Q2 2026 adjusted diluted EPS was $3.09, a 67% increase year-over-year.
- Industrial segment revenue grew 56% year-over-year to $1.799 billion.
- Communications segment revenue increased 79% year-over-year to $554.7 million.
- Trailing twelve-month free cash flow was $4.6 billion, or 36% of revenue.
- Returned $1.3 billion to shareholders in Q2 via dividends and share repurchases.
- Forecasts Q3 2026 revenue of $3.9 billion (+/- $100 million) and adjusted EPS of $3.30 (+/- $0.15).
- Declared a quarterly cash dividend of $1.10 per outstanding share.
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