Operating Income for Analog Devices (ADI)
According to Analog Devices's latest reported financial statements, the company's current operating income (TTM) is $4.14B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$4.14B
YoY change
+44.3%
5Y CAGR
+14.4%
Peak year (2023)
$3.82B
Cumulative operating income
$39.61B
Operating Income history chart for Analog Devices (ADI) from 1985 to 2025
Operating Income history table for Analog Devices (ADI) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.93B | +44.3% | +$899.70M | ||
| 2024 | $2.03B | -46.8% | -$1.79B | ||
| 2023 | $3.82B | +16.6% | +$544.41M | ||
| 2023 | $3.82B | +16.6% | +$544.41M | ||
| 2022 | $3.28B | +93.8% | +$1.59B | ||
| 2022 | $3.28B | +93.8% | +$1.59B | ||
| 2021 | $1.69B | +12.9% | +$193.96M | ||
| 2020 | $1.50B | -12.4% | -$212.36M | ||
| 2019 | $1.71B | -9.9% | -$188.98M | ||
| 2018 | $1.90B | +63.4% | +$736.83M | ||
| 2017 | $1.16B | +13.1% | +$134.65M | ||
| 2016 | $1.03B | +23.7% | +$197.27M | ||
| 2015 | $830.84M | +10.4% | +$78.36M | ||
| 2014 | $752.48M | -0.1% | -$591,000 | ||
| 2013 | $753.08M | -8.6% | -$70.97M | ||
| 2012 | $824.05M | -23.1% | -$247.98M | ||
| 2011 | $1.07B | +19.1% | +$171.95M | ||
| 2010 | $900.07M | +216.0% | +$615.26M | ||
| 2009 | $284.82M | -54.4% | -$340.21M | ||
| 2008 | $625.02M | +9.9% | +$56.30M | ||
| 2007 | $568.72M | +8.1% | +$42.52M | ||
| 2006 | $526.20M | +10.0% | +$47.64M | ||
| 2005 | $478.56M | -31.6% | -$220.76M | ||
| 2004 | $699.32M | +87.1% | +$325.61M | ||
| 2003 | $373.71M | +216.1% | +$255.47M | ||
| 2002 | $118.24M | -71.0% | -$289.45M | ||
| 2001 | $407.69M | -46.9% | -$359.41M | ||
| 2000 | $767.10M | +209.1% | +$518.90M | ||
| 1999 | $248.20M | +53.6% | +$86.60M | ||
| 1998 | $161.60M | -30.8% | -$71.80M | ||
| 1997 | $233.40M | +2.7% | +$6.20M | ||
| 1996 | $227.20M | +44.0% | +$69.40M | ||
| 1995 | $157.80M | +55.0% | +$56.00M | ||
| 1994 | $101.80M | +62.4% | +$39.10M | ||
| 1993 | $62.70M | +140.2% | +$36.60M | ||
| 1992 | $26.10M | +50.0% | +$8.70M | ||
| 1991 | $17.40M | +180.6% | +$11.20M | ||
| 1990 | $6.20M | -85.8% | -$37.60M | ||
| 1989 | $43.80M | -20.9% | -$11.60M | ||
| 1988 | $55.40M | +61.0% | +$21.00M | ||
| 1987 | $34.40M | -14.9% | -$6.00M | ||
| 1986 | $40.40M | -13.3% | -$6.20M | ||
| 1985 | $46.60M | — | — |
Operating Income values are taken from Analog Devices's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Analog Devices (ADI) reported operating income of $2.93B – surged 44.3% year-over-year.
Across 2022–2025 (5 years), Analog Devices operating income produced a CAGR of +14.4% – with the latest reading among the more recent periods of the dataset.
Analog Devices operating income peaked at $3.82B in 2023; the latest annual figure is $2.93B in 2025 (23.3% below peak).
$3.82B stands as the all-time-high annual operating income, posted in 2023, against a low of $6.20M during 1990.
Within Technology, Analog Devices (ADI) ranks 9th among 8 peers we track. The peer median for operating income is $77.01B.
Analog Devices Operating Income by Year
Analog Devices Operating Income 2025: $2.93B
Analog Devices operating income in 2025 was $2.93B, surged 44.3% from 2024.
Analog Devices Operating Income 2024: $2.03B
Analog Devices operating income in 2024 was $2.03B, plunged 46.8% below 2023.
Analog Devices Operating Income 2023: $3.82B
Analog Devices operating income in 2023 was $3.82B, edged up 0.0% from 2023.
Analog Devices Operating Income 2023: $3.82B
Analog Devices operating income in 2023 was $3.82B, grew 16.6% from 2022. This figure represents the highest annual value in the available history.
Analog Devices Operating Income 2022: $3.28B
Analog Devices operating income in 2022 was $3.28B.
See more financial history for Analog Devices (ADI).
Sector peers — Operating Income
Companies in the same sector as Analog Devices, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| TSMC (TSM) | $1.96T | Technology |
| Apple (AAPL) | $133.05B | Technology |
| NVIDIA (NVDA) | $130.39B | Technology |
| Microsoft (MSFT) | $128.53B | Technology |
| Broadcom (AVGO) | $25.48B | Technology |
| ASML (ASML) | $11.30B | Technology |
| Micron Technology (MU) | $9.87B | Technology |
| AMD (AMD) | $3.69B | Technology |
Frequently asked questions
What is Analog Devices's operating income?
Latest reported operating income for Analog Devices (ADI) is $4.14B (period ending May 2, 2026).
How has Analog Devices operating income changed year-over-year?
Analog Devices (ADI) operating income changed +44.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Analog Devices operating income?
Analog Devices (ADI) operating income compound annual growth rate is +14.4% over the most recent 5 years available.
When did Analog Devices operating income hit its highest annual value?
Analog Devices operating income reached its highest annual value of $3.82B in 2023.
What was Analog Devices operating income in 2024?
Analog Devices (ADI) operating income in 2024 was $2.03B.
What was Analog Devices operating income in 2025?
Analog Devices (ADI) operating income in 2025 was $2.93B.
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