CEO Vincent Roche highlighted that the company’s focus on manufacturing agility and deep customer collaboration has allowed it to capitalize on broad-based demand. This strategy helped drive operating income to $1.61 billion, a 97% jump compared to the same period last year. On an adjusted basis, the company reported an operating margin of 50%, reflecting disciplined execution throughout the quarter.
In section Releases
Analog Devices Reports Record Revenue as Demand Surges
Analog Devices posted a record $4.02 billion in revenue for the fiscal third quarter of 2026, marking a 40% year-over-year increase. The semiconductor firm attributed this growth to robust demand across its data center and industrial portfolios, signaling a strong performance as it positions itself for continued expansion.
Financial strength remained a core theme, with trailing twelve-month free cash flow reaching $4.9 billion. The company returned $1.7 billion to shareholders during the quarter through dividends and share repurchases. CFO Richard Puccio noted that this momentum is expected to persist, as the company projects record revenue of $4.3 billion for the fourth quarter of 2026.
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