Analog Devices (ADI) Operating Expenses (2009 - 2026)

Analog Devices (ADI) posted Operating Expenses of $1.1 billion for Q2 2026, up 1.16% sequentially from $1.0 billion in Q1 2026, and up 13.54% YoY from $933.7 million in Q2 2025.

Analog Devices (ADI) Operating Expenses (2009 - 2026) Analysis & Trends

Analog Devices has reported Operating Expenses for 18 years, with the latest figure at $1.1 billion in Q2 2026.

  • Quarterly Operating Expenses rose 13.54% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $4.1 billion (up 15.17% YoY) and the FY2025 annual result came in at $3.8 billion, up 14.71% from the prior year.
  • Operating Expenses climbed to $1.1 billion in Q2 2026 per ADI's latest filing, from $1.0 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.1 billion in Q3 2022 and troughed at $793.9 million in Q2 2024.
  • A 5-year average of $978.1 million and a median of $1.0 billion in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 88.02% in 2022, then slipped 21.87% in 2024.
  • Over 5 years, Operating Expenses stood at $1.0 billion in 2022, then declined by 2.7% to $1.0 billion in 2023, then decreased by 16.36% to $846.7 million in 2024, then climbed by 17.7% to $996.6 million in 2025, then climbed by 6.37% to $1.1 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.1 billion, $1.0 billion, and $996.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Taiwan Semiconductor Manufacturing 10,545.90 Bn 10,447.64 Bn 23.77 Bn 2.97 Bn
2 Nvidia 5,009.72 Bn 4,966.24 Bn 61.16 Bn 7.62 Bn
3 Broadcom 1,857.88 Bn 1,838.25 Bn 15.42 Bn 4.63 Bn
4 Micron Technology 938.47 Bn 912.45 Bn 35.06 Bn 1.72 Bn
5 Advanced Micro Devices 789.52 Bn 777.17 Bn 5.42 Bn 3.94 Bn
6 Intel 463.88 Bn 434.15 Bn 6.51 Bn 4.71 Bn
7 Aeluma 302.44 Bn 302.40 Bn 386,000.00 2.13 Mn
8 Arm Holdings 254.34 Bn 250.45 Bn 1.25 Bn -1.16 Bn
9 Texas Instruments 245.02 Bn 238.02 Bn 3.35 Bn 1.04 Bn
10 Analog Devices 176.28 Bn 172.84 Bn 2.44 Bn 1.06 Bn

Historic Data

Download Data
DateValue
May 2, 2026 1.06 Bn
Jan 31, 2026 1.05 Bn
Nov 1, 2025 996.61 Mn
Aug 2, 2025 971.72 Mn
May 3, 2025 933.67 Mn
Feb 1, 2025 938.99 Mn
Nov 2, 2024 846.74 Mn
Aug 3, 2024 819.92 Mn
May 4, 2024 793.91 Mn
Feb 3, 2024 887.98 Mn
Oct 28, 2023 1.01 Bn
Jul 29, 2023 1.03 Bn
Apr 29, 2023 1.02 Bn
Jan 28, 2023 993.52 Mn
Oct 29, 2022 1.04 Bn
Jul 30, 2022 1.15 Bn
Apr 30, 2022 1.03 Bn
Jan 29, 2022 1.04 Bn
Oct 30, 2021 1.02 Bn
Jul 31, 2021 611.54 Mn