Analog Devices, Inc. earnings overview

ADI FY2026 Q2 · Calendar Q2 2026

Analog Devices, Inc.

Analog Devices delivered record Q2 FY26 results with revenue of $3.62B (up 37% YoY) and EPS of $3.09, beating consensus on both lines. Growth was led by industrial (50% of revenue, up 56% YoY) and data-center/communications (up over 90% YoY). The Empower Semiconductor acquisition adds IVR and silicon-capacitor technology, expanding ADI's TAM in high-density AI accelerator power. Despite a negative initial market reaction, shares subsequently drifted higher.