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

Analog Devices has disclosed Operating Margin across 18 years of filings, most recently posting 38.08% for Q2 2026.

• Operating Margin for Q2 2026 came in at 38.08%, up 1240.0% year-over-year; the trailing twelve-month figure through May 2026 was 32.5% (up 978.0% YoY), and the FY2025 annual result was 26.61%, up 505.0% from the prior year.
• Operating Margin came in at 38.08% for Q2 2026 at Analog Devices, up from 31.55% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 38.08% in Q2 2026 to a low of 13.59% in Q1 2022.
• The 5-year median for Operating Margin is 28.56% (2022), against an average of 27.25%.
• Across the five-year window, Operating Margin jumped 2971 bps in 2022 and sank 1670 bps in 2024, its largest moves.
• Analog Devices' Operating Margin stood at 33.95% in 2022, then slumped by 31 bps to 23.35% in 2023, then slipped by 0 bps to 23.31% in 2024, then soared by 32 bps to 30.73% in 2025, then gained by 24 bps to 38.08% in 2026.
• The last three Operating Margin figures came in at 38.08% (Q2 2026), 31.55% (Q1 2026), and 30.73% (Q4 2025), per Business Quant data.