Analog Devices Posts Record Q3 Revenue of $4.02B, Up 40% YoY; Q4 Guidance Tops Consensus
ADI sits 71% above its 52-week low of $223.47.
Summary
Record fiscal Q3 2026 results featured revenue up 40% YoY to $4.02B and adjusted EPS of $3.45, beating expectations. Q4 guidance of $4.3B revenue and $3.86 adjusted EPS also exceeded consensus, signaling continued strong demand.
Key Events · Earnings and Guidance · ADI
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Record Q3 Revenue and Earnings
Revenue of $4.02 billion grew 40% year-over-year, with adjusted diluted EPS of $3.45, up 68% from $2.05 a year ago.
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Strong Margin Expansion
Adjusted gross margin expanded 330 basis points to 72.5%, and adjusted operating margin rose 780 basis points to 50.0%.
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Q4 Guidance Above Expectations
The company guided Q4 revenue to $4.3 billion ±$100 million and adjusted EPS to $3.86 ±$0.15, both above prior consensus estimates.
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Dividend Increase
The board declared a quarterly cash dividend of $1.10 per share, payable September 15, 2026 to shareholders of record on September 1, 2026.
Analysis · ADI · Manufacturing
A blowout fiscal third quarter saw revenue surge 40% year-over-year to $4.02 billion, while adjusted EPS jumped 68% to $3.45. The Q4 outlook calls for revenue of $4.3 billion at the midpoint, implying continued momentum and a record-setting trajectory. For a large-cap semiconductor company, this is a significant positive surprise, driven by broad-based demand strength, particularly in Data Center and Industrial end markets. The results validate the company's positioning in the AI era and suggest the cyclical recovery is accelerating.
How filings like this one have moved
In the 30 days to Oct 15, 2026, 37.1% of the 989 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.64%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ADI was trading at $383.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $183.5B. The 52-week trading range was $223.47 to $445.91. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.