Growth Metrics

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

Analog Devices recorded quarterly Operating Expenses of $1.1 billion in Q2 2026, up 1.16% quarter-over-quarter from $1.0 billion in Q1 2026, and up 13.54% year-over-year from $933.7 million in Q2 2025.

Analog Devices' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.1 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 13.54% year-over-year to $1.1 billion; the TTM figure through May 2026 stood at $4.1 billion (up 15.17% YoY), while the FY2025 annual figure was $3.8 billion, up 14.71% from the prior year.
  • Operating Expenses came in at $1.1 billion for Q2 2026 at Analog Devices, up from $1.0 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q3 2022 to a low of $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.
  • Across the five-year window, Operating Expenses surged 88.02% in 2022 and decreased 21.87% in 2024, its largest moves.
  • Analog Devices' Operating Expenses stood at $1.0 billion in 2022, then dropped by 2.7% to $1.0 billion in 2023, then retreated by 16.36% to $846.7 million in 2024, then advanced by 17.7% to $996.6 million in 2025, then advanced 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 Nvidia 5,449.54 Bn 5,406.06 Bn 61.16 Bn 7.62 Bn
2 Broadcom 2,169.43 Bn 2,155.26 Bn 13.16 Bn 4.59 Bn
3 Micron Technology 1,165.12 Bn 1,150.53 Bn 17.76 Bn 1.59 Bn
4 Advanced Micro Devices 831.96 Bn 819.61 Bn 5.42 Bn 3.94 Bn
5 Intel 549.93 Bn 530.74 Bn 5.35 Bn 8.48 Bn
6 Texas Instruments 266.58 Bn 261.48 Bn 2.80 Bn 991.00 Mn
7 Qualcomm 243.81 Bn 234.01 Bn 4.16 Bn 8.29 Bn
8 Analog Devices 196.60 Bn 193.16 Bn 2.44 Bn 1.06 Bn
9 Marvell Technology 188.85 Bn 188.78 Bn 1.26 Bn 921.40 Mn
10 NXP Semiconductors 78.76 Bn 75.40 Bn 1.79 Bn 904.00 Mn

Historic Data

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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
May 1, 2021 616.95 Mn
Jan 30, 2021 581.51 Mn
Oct 31, 2020 561.41 Mn
Aug 1, 2020 553.45 Mn
May 2, 2020 502.65 Mn
Feb 1, 2020 574.71 Mn
Nov 2, 2019 603.83 Mn
Aug 3, 2019 551.09 Mn
May 4, 2019 564.40 Mn
Feb 2, 2019 583.83 Mn
Nov 3, 2018 580.09 Mn
Aug 4, 2018 571.42 Mn
May 5, 2018 569.65 Mn
Feb 3, 2018 629.65 Mn
Oct 28, 2017 557.82 Mn
Jul 29, 2017 571.80 Mn
Apr 29, 2017 494.61 Mn
Jan 28, 2017 382.24 Mn
Oct 29, 2016 309.71 Mn
Jul 30, 2016 303.58 Mn
Apr 30, 2016 303.52 Mn
Jan 30, 2016 282.25 Mn
Oct 31, 2015 533.17 Mn
Aug 1, 2015 303.77 Mn
May 2, 2015 295.81 Mn
Jan 31, 2015 295.67 Mn
Nov 1, 2014 336.11 Mn
Aug 2, 2014 273.74 Mn
May 3, 2014 238.34 Mn
Feb 1, 2014 229.51 Mn
Nov 2, 2013 245.01 Mn
Aug 3, 2013 226.72 Mn
May 4, 2013 230.81 Mn
Feb 2, 2013 236.80 Mn
Nov 3, 2012 228.00 Mn
Aug 4, 2012 235.40 Mn
May 5, 2012 227.53 Mn
Feb 4, 2012 226.02 Mn
Oct 29, 2011 225.22 Mn
Jul 30, 2011 230.80 Mn
Apr 30, 2011 235.73 Mn
Jan 29, 2011 222.77 Mn
Oct 30, 2010 230.49 Mn
Jul 31, 2010 229.06 Mn
May 1, 2010 220.44 Mn
Jan 30, 2010 219.36 Mn
Oct 31, 2009 193.48 Mn
Aug 1, 2009 187.28 Mn
May 2, 2009 203.64 Mn
Jan 31, 2009 249.41 Mn