Analog Devices profit margin ADI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 29.8%
- Operating margin, 12 months
- 35.5%
- Net margin on a year earlier
- +10.9 pts
- Peer median
- 26.2%
Over the twelve months to Aug 1, 2026, Analog Devices kept 29.8% of its revenue as net profit, with an operating margin of 35.5% and a gross margin of 65.8%.
Five years earlier its net margin was 26.2%.
The median for 10 semiconductor stocks of a similar size is 26.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 20.6% | 26.6% | 61.5% |
| FY2024 | 17.3% | 21.6% | 57.1% |
| FY2023 | 26.9% | 31.1% | 64.0% |
| FY2022 | 22.9% | 27.3% | 62.7% |
| FY2021 | 19.0% | 23.1% | 61.8% |
| FY2020 | 21.8% | 26.7% | 65.9% |
| FY2019 | 22.8% | 28.6% | 67.0% |
| FY2018 | 24.2% | 30.5% | 68.3% |
| FY2017 | 14.2% | 20.7% | 59.9% |
| FY2016 | 25.2% | 30.0% | 65.1% |
| FY2015 | 20.3% | 24.2% | 65.8% |
| FY2014 | 22.0% | 26.3% | 63.9% |
| FY2013 | 25.6% | 28.6% | 64.3% |
| FY2012 | 24.1% | 30.5% | 64.5% |
| FY2011 | 29.0% | 35.8% | 66.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 29.8% | +10.9 pts | 35.5% | |
| Q2 FY26 | 26.0% | +7.4 pts | 32.5% | |
| Q1 FY26 | 23.0% | +6.3 pts | 29.2% | |
| Q4 FY25 | 20.6% | +3.2 pts | 26.6% | |
| Q3 FY25 | 18.8% | +1.8 pts | 24.6% | |
| Q2 FY25 | 18.7% | −1.8 pts | 22.7% | |
| Q1 FY25 | 16.7% | −7.6 pts | 20.8% | |
| Q4 FY24 | 17.3% | −9.6 pts | 21.6% | |
| Q3 FY24 | 17.1% | −12.2 pts | 21.6% | |
| Q2 FY24 | 20.5% | −7.7 pts | 24.2% | |
| Q1 FY24 | 24.3% | −2.9 pts | 28.3% | |
| Q4 FY23 | 26.9% | +4.1 pts | 31.1% |
Against its peers
Companies in Semiconductors nearest Analog Devices' size, closest first, today.
| Company | Profit margin |
|---|---|
| ADIAnalog Devices | 29.8% |
| KLACKLA | 35.6% |
| QCOMQUALCOMM | 21.0% |
| MRVLMarvell Technology | 27.9% |
| TXNTexas Instruments | 34.3% |
| LRCXLam Research | 32.3% |
| AMATApplied Materials | 30.1% |
| INTCIntel | −19.8% |
| TELTE Connectivity | 15.6% |
| NXPINXP Semiconductors | 22.6% |
| MPWRMonolithic Power Systems | 24.5% |
| Peer median | 26.2% |
Where Analog Devices ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Analog Devices
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.