Analog Devices, Inc. · ADI · Next earnings

Analog Devices, Inc. reports Tuesday, Nov 24, 2026

ADI reports before market open with consensus EPS at $3.89 and revenue at $4.32B. Last quarter: ADI posts first $4 billion quarter as AI and industrial demand accelerate

Reports Before market open19 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $3.89 Calendar consensus
Consensus revenue $4.32B Calendar consensus
Report date Nov 24, 2026 Tuesday, date estimated
Session Before market open 19 days away

Where ADI left off: FY2026 Q3

Full report

ADI posts first $4 billion quarter as AI and industrial demand accelerate

EPS surprise +3.3% Reported $3.45 vs $3.34
Revenue surprise +2.6% Reported $4.02B vs $3.92B
Stock move -0.9% Event window
Subsequent drift -2.8% Up to 20 sessions

Management guided to Q4 revenue of $4.3 billion, gross margin around 74%, and operating margin near 52%.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • A slowdown in AI capital expenditure or defense spending could pressure demand.
  • Supply-chain and capacity constraints may limit growth as demand accelerates.
  • Seasonality, component costs, and interest-rate or geopolitical volatility could weigh on margins.

Questions analysts left open

  • Whether gross-margin gains reflect durable mix and pricing improvement.
  • Whether FY27 revenue can sustain roughly 20% growth.
  • Inventory, channel weeks, and capacity as demand accelerates.

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Recent ADI quarters

All ADI earnings
-0.9%FY2026 Q3-3.9%FY2026 Q2+5.3%FY2025 Q4+6.3%FY2025 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.