Analog Devices | 10-K: FY2025 Annual Report

Analog Devices, Inc. reported strong financial results for fiscal year 2025, with revenue increasing 17% to $11.02 billion and net income rising 39% to $2.27 billion. Gross margin expanded to 61.5% from 57.1% in the previous year, while diluted earnings per share grew to $4.56 from $3.28. The company maintained its leadership in high-performance analog, mixed-signal and power technologies across key markets.The Industrial segment remained the largest revenue contributor at 45% of total sales, followed by Automotive at 30%, while both Consumer and Communications segments each represented 13%. Growth was broad-based across all end markets, with particularly strong performance in data center infrastructure supporting AI applications. Geographic revenue showed significant growth in China, up 34% year-over-year to $2.86 billion.The company continued to strengthen its financial position with operating cash flow of $4.81 billion. The Board declared a quarterly dividend of $0.99 per share, demonstrating confidence in future growth. Management highlighted ongoing investments in R&D and manufacturing capacity while maintaining strong profitability and returns to shareholders through dividends and share repurchases.

Analog Devices, Inc. reported strong financial results for fiscal year 2025, with revenue increasing 17% to $11.02 billion and net income rising 39% to $2.27 billion. Gross margin expanded to 61.5% from 57.1% in the previous year, while diluted earnings per share grew to $4.56 from $3.28. The company maintained its leadership in high-performance analog, mixed-signal and power technologies across key markets.The Industrial segment remained the largest revenue contributor at 45% of total sales, followed by Automotive at 30%, while both Consumer and Communications segments each represented 13%. Growth was broad-based across all end markets, with particularly strong performance in data center infrastructure supporting AI applications. Geographic revenue showed significant growth in China, up 34% year-over-year to $2.86 billion.The company continued to strengthen its financial position with operating cash flow of $4.81 billion. The Board declared a quarterly dividend of $0.99 per share, demonstrating confidence in future growth. Management highlighted ongoing investments in R&D and manufacturing capacity while maintaining strong profitability and returns to shareholders through dividends and share repurchases.