Analog Devices (ADI) Cost of Revenue (2009 - 2026)
Analog Devices' Cost of Revenue was $1.31 billion in fiscal Q3 2026 (quarter ended Aug 1, 2026), up 20.5% from $1.09 billion a year earlier and up 11.0% from the prior quarter.
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Analysis
Analog Devices (ADI) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Analog Devices' Cost of Revenue was $4.75 billion through Aug 1, 2026, up 14.7% year-over-year; for FY2025 (ended Nov 1, 2025), it was $4.25 billion, up 5.0% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 17.3% (FY2020 to FY2025).
- In earlier fiscal years, Cost of Revenue was $4.05 billion in FY2024 (-8.6%), $4.43 billion in FY2023 (-1.2%), $4.48 billion in FY2022 (+60.4%) and $2.79 billion in FY2021 (+46.0%).
- The fiscal Q3 2026 figure marks the highest quarterly Cost of Revenue in data going back to fiscal Q1 2009.
- Compared with a year earlier, Cost of Revenue has increased for six straight quarters, with growth averaging 8.0% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was fiscal Q1 2022 (growth of 149.9%); the worst was fiscal Q2 2024 (a decline of 12.5%).
- Per Business Quant data, ADI's Cost of Revenue in the three fiscal quarters before Q3 2026 was $1.18 billion (Q2 2026), $1.12 billion (Q1 2026) and $1.13 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 12.97 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 9.14 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 6.40 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 5.33 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 5.41 Bn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 9.62 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 3.24 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 4.53 Bn |
| 10 | Analog Devices | 202.14 Bn | 188.67 Bn | 2.71 Bn | 1.31 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 1.31 Bn |
| May 2, 2026 | 1.18 Bn |
| Jan 31, 2026 | 1.12 Bn |
| Nov 1, 2025 | 1.13 Bn |
| Aug 2, 2025 | 1.09 Bn |
| May 3, 2025 | 1.03 Bn |
| Feb 1, 2025 | 992.87 Mn |
| Nov 2, 2024 | 1.03 Bn |
| Aug 3, 2024 | 1.00 Bn |
| May 4, 2024 | 979.00 Mn |
| Feb 3, 2024 | 1.04 Bn |
| Oct 28, 2023 | 1.07 Bn |
| Jul 29, 2023 | 1.11 Bn |
| Apr 29, 2023 | 1.12 Bn |
| Jan 28, 2023 | 1.13 Bn |
| Oct 29, 2022 | 1.10 Bn |
| Jul 30, 2022 | 1.07 Bn |
| Apr 30, 2022 | 1.03 Bn |
| Jan 29, 2022 | 1.28 Bn |
| Oct 30, 2021 | 1.22 Bn |
API Access
Analog Devices Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ADI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ADI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ADI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();