ADI Analog Devices margins

Relative Growth: Rel. Growth: 93

Relative Strength: Rel. Strength: 78

Relative Valuation: Rel. Valuation: 34

Relative Profitability: Rel. Profitability: 95

Gross margin

65.8%

Operating margin

35.5%

EBITDA margin

50.6%

Net margin

29.8%

Current Analog Devices reports a gross margin of 65.8%, an operating margin of 35.5%, an EBITDA margin of 50.6%, and a net margin of 29.8%. All measured margins increased year over year, led by net margin with an increase of 11 percentage points.

ADI margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Analog Devices's margins averaged 61.01% gross, 26.56% operating, 46.52% EBITDA, and 21.64% net. All four current margins are above their three-year averages.

ADI margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with net margin showing the largest gain at 11 percentage points.

Gross margin expansion

5.6pp

Operating margin expansion

10.9pp

EBITDA margin expansion

5.6pp

Net margin expansion

11pp

ADI Gross margin

Analog Devices recorded an average gross margin of 61.01% across the last 3 years. Compared with its three-year average, Analog Devices's current gross margin is 65.8% and is 4.8 percentage points above its three-year average. The highest gross margin for Analog Devices was 65.8% in Aug 2026, while the lowest was 57.1% in Nov 2024.

ADI Operating margin

Analog Devices recorded an average operating margin of 26.56% across the last 3 years. Analog Devices currently reports an operating margin of 35.5%, 8.9 percentage points above its three-year average. The highest operating margin for Analog Devices was 35.5% in Aug 2026, while the lowest was 20.8% in Feb 2025.

ADI EBITDA margin

Analog Devices's EBITDA margin averaged 46.52% in the last 3 years. Analog Devices currently reports an EBITDA margin of 50.6%, 4.1 percentage points above its three-year average. Over the last 3 years, Analog Devices's EBITDA margin peaked at 50.6% in Aug 2026 and reached a low of 44% in Aug 2024.

ADI Net margin

Over the last 3 years, Analog Devices had an average net margin of 21.64%. The latest net margin for Analog Devices is 29.8%, 8.2 percentage points above its three-year average. Looking back over the last 3 years, Analog Devices's net margin reached 29.8% at its highest point in Aug 2026 and 16.7% at its lowest in Feb 2025.

ADI margin group comparison

Margins compared with peer-group, industry and sector averages

Analog Devices's gross margin of 65.8% is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 52%, Analog Devices's gross margin is 27% higher.

ADI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Analog Devices's gross margin?

As of Aug 1, 2026, ADI has a gross margin of 65.8%.

What is Analog Devices's operating margin?

As of Aug 1, 2026, ADI has an operating margin of 35.5%.

What is Analog Devices's EBITDA margin?

For the period ending Aug 1, 2026, ADI recorded an EBITDA margin of 50.6%.

What is Analog Devices's net margin?

For the period ending Aug 1, 2026, ADI recorded a net margin of 29.8%.

What are the average margins of ADI?

Analog Devices's average margins over the last 3 years were 61.0% gross, 26.6% operating, 46.5% EBITDA, and 21.6% net.

What are the highest historical margins of ADI?

Looking back across 5 years, ADI reached 65.8% gross in Aug 2026, 35.5% operating in Aug 2026, 51.8% EBITDA in Jul 2023, and 29.8% net in Aug 2026.

What are the lowest historical margins of ADI?

In the last 5 years, the lowest margins reported by ADI were 57.1% gross in Nov 2024, 18.9% operating in Jan 2022, 33.9% EBITDA in Jan 2022, and 15.2% net in Jan 2022.