Analog Devices said revenue for the 3 and 9 months ended August 2, 2025 increased 25% and 14%, respectively, compared with the same periods of the prior fiscal year, as a result of a broad-based increase in demand for its products.

1. 01

   Analog Devices said revenue for the 3 and 9 months ended August 2, 2025 increased 25% and 14%, respectively, compared with the same periods of the prior fiscal year, as a result of a broad-based increase in demand for its products.

2. 02

   The company said gross margin percentage increased 540 and 400 basis points in the 3 and 9 month periods, respectively, compared with the same periods of the prior fiscal year, and cited higher utilization of its factories as a result of increased customer demand as well as a decrease in amortization expense related to acquired intangible assets as the primary factors.

3. 03

   Analog Devices said net income for the 3 months increased as a result of a $326.7 million increase in operating income and a $13.7 million decrease in nonoperating expense, partially offset by a $214.1 million increase in provision for income taxes, and cited a net deferred tax expense of $153.8 million recorded in the third quarter related to the remeasurement of its GILTI-related deferred tax assets and liabilities attributable to the passage of the OBBBA as a factor in the increase in tax rates.

4. 04

   The company said it held $3.5 billion of cash, cash equivalents and short-term investments as of August 2, 2025, issued $850.0 million aggregate principal amount of 2028 Notes and $650.0 million aggregate principal amount of 2030 Notes in Q3, and had $10.3 billion remaining available for repurchases under its common stock repurchase program.

Key figures

Quarter ended August 2, 2025

Revenue

$2.9B

Operating income

$818M

Net income

$519M

EPS

$1.04

Gross profit

$1.8B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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