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
Download Data| Date | Value |
|---|---|
| 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 |