Analog Devices Inc. income statement & cash flow
In the fiscal year ended Nov 1, 2025, Analog Devices Inc. reported net income of $2.27B on revenue of $11.02B. Operating cash flow was $4.81B and capital expenditures were $533.55M, leaving $4.28B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Oct 2016 | Oct 2017 | Nov 2018 | Nov 2019 | Oct 2020 | Oct 2021 | Oct 2022 | Oct 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.42B | $5.11B | $6.20B | $5.99B | $5.60B | $7.32B | $12.01B | $12.31B | $9.43B | $11.02B |
| Gross profit | $2.23B | $3.17B | $4.25B | $4.01B | $3.69B | $4.53B | $7.53B | $7.88B | $5.38B | $6.77B |
| Operating income | $1.03B | $1.16B | $1.90B | $1.71B | $1.50B | $1.69B | $3.28B | $3.82B | $2.03B | $2.93B |
| Net income | $861.66M | $805.38M | $1.51B | $1.36B | $1.22B | $1.39B | $2.75B | $3.31B | $1.64B | $2.27B |
| Diluted EPS | — | — | — | — | $3.28 | $3.46 | $5.25 | $6.55 | $3.28 | $4.56 |
| Operating cash flow | $1.29B | $1.15B | $2.44B | $2.25B | $2.01B | $2.74B | $4.48B | $4.82B | $3.85B | $4.81B |
| Capital expenditures | $127.40M | $204.10M | $254.88M | $275.37M | $165.69M | $343.68M | $699.31M | $1.26B | $730.46M | $533.55M |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2025 | 10-K 2025 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Nov 2025 | 61.5% | 26.6% | 20.6% |
| Nov 2024 | 57.1% | 21.6% | 17.3% |
| Oct 2023 | 64.0% | 31.1% | 26.9% |
| Oct 2022 | 62.7% | 27.3% | 22.9% |
| Oct 2021 | 61.8% | 23.1% | 19.0% |
Source: SEC EDGAR XBRL company facts for CIK 6281 (raw data). Most recent filing in this dataset: 10-Q filed Aug 19, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.