Analog Devices, Inc.
As of Fiscal Year 2025 (ended November 1, 2025)
Key KPIs at a Glance
| Metric | Value |
|---|---|
| Total revenue (FY2025) | $11.02 billion, up 17% year-over-year from $9.43 billion in FY2024 |
| GAAP net income (FY2025) | $2.27 billion, up from $1.64 billion in FY2024 |
| GAAP diluted EPS (FY2025) | $4.56, up from $3.28 in FY2024 (non-GAAP diluted EPS $7.79, up from $6.38) |
| GAAP gross margin (FY2025) | 61.5%, up 440 bps from 57.1% in FY2024 |
| GAAP operating margin (FY2025) | 26.6%, up 500 bps from 21.6% in FY2024 (non-GAAP operating margin 41.9%, up from 40.9%) |
| Research & development spend (FY2025) | $1.77 billion, up from $1.49 billion in FY2024 (about 16% of revenue) |
| Free cash flow (FY2025) | $4.3 billion (about 39% of revenue); operating cash flow $4.8 billion (44% of revenue) |
| Capital returned to shareholders (FY2025) | 96% of free cash flow, including $2.2 billion in buybacks and $1.9 billion in dividends |
| Employees | approximately 24,500 worldwide as of November 1, 2025 (about 13,000 in engineering roles) |
| Analog/mixed-signal IC market position (IC Insights, 2018 data, dated third-party estimate) | approximately 9% global analog IC market share, ranked #2 worldwide behind Texas Instruments |
Sources: Figures are from Analog Devices' Q4/FY2025 earnings release (reported November 25, 2025) and FY2025 Form 10-K (filed for the year ended November 1, 2025). ADI discloses revenue by end market (Industrial, Automotive, Communications, Consumer) in dollars, but does not disclose operating income by end market -- ADI operates and reports as a single reportable segment, so an operating-income-by-end-market pie is omitted. The analog/mixed-signal IC market-share figure is a third-party estimate (IC Insights, 2018 data, pre-dating ADI's 2021 acquisition of Maxim Integrated) and is flagged as dated; industry trade press has described ADI as the second-largest analog semiconductor supplier globally (behind Texas Instruments) both before and after the Maxim deal.