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 (ADI) has 18 years of Operating Expenses data on file, last reported 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.
  • The five-year high for Operating Expenses was $1.1 billion in Q3 2022, with the low at $793.9 million in Q2 2024.
  • Average Operating Expenses over 5 years is $978.1 million, with a median of $1.0 billion recorded in 2023.
  • Year-over-year, Operating Expenses surged 88.02% in 2022 and declined 21.87% in 2024.
  • Analog Devices' Operating Expenses stood at $1.0 billion in 2022, then fell by 2.7% to $1.0 billion in 2023, then slipped by 16.36% to $846.7 million in 2024, then grew by 17.7% to $996.6 million in 2025, then grew by 6.37% to $1.1 billion in 2026.
  • Business Quant data shows ADI's Operating Expenses at $1.1 billion in Q2 2026, $1.0 billion in Q1 2026, and $996.6 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 7.62 Bn
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 1.72 Bn
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 3.94 Bn
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn 8.48 Bn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 2.13 Mn
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn -1.02 Bn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 991.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 921.40 Mn
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 8.29 Bn
10 Analog Devices 189.67 Bn 186.23 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