---
title: "Analog Devices | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 3.623 B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287052861.md"
datetime: "2026-05-20T11:03:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287052861.md)
  - [en](https://longbridge.com/en/news/287052861.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287052861.md)
---

# Analog Devices | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 3.623 B

Revenue: As of FY2026 Q2, the actual value is USD 3.623 B, beating the estimate of USD 3.519 B.

EPS: As of FY2026 Q2, the actual value is USD 2.4, beating the estimate of USD 2.1815.

EBIT: As of FY2026 Q2, the actual value is USD 1.439 B.

Analog Devices, Inc. (亚德诺) reported its financial results for the fiscal second quarter ended May 2, 2026, demonstrating record demand and strong operational discipline, with revenue and earnings surpassing its outlook for the quarter .

#### Total Revenue

Total revenue for the quarter was $3.62 billion, marking a 37% year-over-year growth, with growth observed across all end markets, particularly led by Industrial and Communications .

#### Segment Revenue (Three Months Ended May 2, 2026)

-   **Industrial:** $1,799,413 thousand, representing 50% of total revenue and a 56% year-over-year growth .
-   **Automotive:** $871,565 thousand, representing 24% of total revenue and a 2% year-over-year growth .
-   **Communications:** $554,728 thousand, representing 15% of total revenue and a 79% year-over-year growth .
-   **Consumer:** $397,759 thousand, representing 11% of total revenue and a 23% year-over-year growth .

#### Operational Metrics (Three Months Ended May 2, 2026)

-   **Net Income:** $1,176,350 thousand .
-   **Gross Margin:** $2,439,798 thousand, reflecting a 51% increase year-over-year, with the gross margin percentage at 67.3%, an increase of 630 basis points .
-   **Operating Income:** $1,379,680 thousand, indicating a 104% increase year-over-year, with the operating margin at 38.1%, an increase of 1,240 basis points .
-   **Total Operating Expenses:** $1,060,118 thousand, which includes Research and development expenses of $509,323 thousand, Selling, marketing, general and administrative expenses of $362,810 thousand, and Amortization of intangibles of $187,985 thousand .

#### Cash Flow

-   **Operating Cash Flow:** Net cash provided by operating activities for the three months ended May 2, 2026, was $872,041 thousand, and on a trailing twelve-month basis, operating cash flow was $5.1 billion, representing 40% of revenue .
-   **Free Cash Flow:** For the three months ended May 2, 2026, free cash flow was $734,339 thousand, and on a trailing twelve-month basis, free cash flow was $4.6 billion, representing 36% of revenue .

#### Cash Return

Analog Devices, Inc. returned $1.3 billion to shareholders in the second quarter through dividends and share repurchases . Dividends paid amounted to -$536,000 thousand, and stock repurchases were -$773,000 thousand for the three months ended May 2, 2026 .

#### Outlook for the Third Quarter of Fiscal Year 2026

For the third quarter of fiscal 2026, Analog Devices, Inc. forecasts revenue of $3.9 billion, plus or minus $100 million . The company expects a reported operating margin of approximately 39.0%, plus or minus 150 basis points, and an adjusted operating margin of approximately 49.0%, plus or minus 100 basis points . Reported EPS is projected to be $2.60, plus or minus $0.15, with adjusted EPS anticipated to be $3.30, plus or minus $0.15 .

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