TAILWIND EXPLORING2025-11-25

Analog Devices Inc. Q3-2025

Information Technology · Semiconductors

Revenue
$3.1B
YoY Growth
26.0%
EPS
$1.60
Gross Margin
63.1%
Revenue by Segment
Industrial
+34%$1.4B
Automotive
+19%$852M
Consumer
+7%$408M
Communications
+37%$390M

Operator Signal: TAILWIND

ADI posted 26% YoY revenue growth with strength across all four end markets. Industrial led at 34% growth, and Communications surged 37%. Cyclical recovery is broadening and design pipeline is accelerating.

Founder Implication

If you're building hardware products that need analog/mixed-signal components, supplier capacity and lead times are tightening as the semiconductor cycle turns up — lock in your supply agreements now before allocation returns.

AI Intelligence

EXPLORING

AI is referenced as part of ADI's technology portfolio and forward-looking investment areas, but no specific AI products, revenue attribution, or deployment metrics were disclosed in this press release.

Mentions: 2
DEPLOYING
ADI combines analog, digital, AI, and software technologies into solutions that help drive advancements in automation and robotics, mobility, energy and data centers, and healthcare.Company Description
EXPLORING
capital expenditures and investments, including those related to digital, software, and artificial intelligenceForward-Looking Statements

What They Actually Said

ADI's strong fourth quarter capped a robust year of both cyclical and idiosyncratic growth. These results reflect the strength and resilience of our business model, and our intense commitment to leveraging superior technology and domain expertise to solve our customers' toughest problems.

Vincent Roche, CEO and Chair
growth-signal

Our keen focus on our customers' market success has enabled us to build a deep trust that pays dividends in the form of strong, profitable growth and a fast-growing design pipeline.

Vincent Roche, CEO and Chair
growth-signal

Healthy bookings trends continued in the fourth quarter with growth in Industrial and notable strength in our Communications market. While macro uncertainty will likely influence the shape of our fiscal 2026, we believe we are well positioned to continue capitalizing on the ongoing cyclical recovery.

Richard Puccio, CFO
guidancemacro

Forward Guidance

INITIATED
For the first quarter of fiscal 2026, we are forecasting revenue of $3.1 billion, +/- $100 million.(next quarter)
INITIATED
At the midpoint of this revenue outlook, we expect adjusted operating margin of approximately 43.5%, +/- 100 bps.(next quarter)
INITIATED
We are planning for adjusted EPS to be $2.29, +/- $0.10.(next quarter)

Who Ran This Call

DynamicCEO-Led Call
CEO Share63%
Vincent RocheCEO and Chair
CONFIDENT95 words
Richard PuccioCFO
CAUTIOUS55 words
Vincent Roche: intense commitment, deep trust, pays dividends, firmly confident, sustained long-term value
Richard Puccio: macro uncertainty will likely influence the shape of our fiscal 2026