Operating Expenses

R&D

Analog Devices R&D increased by 9.0% to $509.32M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.3%, from $441.84M to $509.32M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 8.0% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026May 20, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

21 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$302.24M$306.62M$399.12M$426.78M$420.90M$431.83M$421.01M$414.10M$415.75M$423.75M$406.59M$391.43M$354.86M$362.67M$378.90M$402.89M$441.84M$454.25M$467.02M$467.40M$509.32M
QoQ Change+1.4%+30.2%+6.9%-1.4%+2.6%-2.5%-1.6%+0.4%+1.9%-4.0%-3.7%-9.3%+2.2%+4.5%+6.3%+9.7%+2.8%+2.8%+0.1%+9.0%
YoY Change+39.3%+40.8%+5.5%-3.0%-1.2%-1.9%-3.4%-5.5%-14.6%-14.4%-6.8%+2.9%+24.5%+25.3%+23.3%+16.0%+15.3%
Range$302.24M$509.32M
CAGR+11.0%
Avg YoY Growth+8.4%
Median YoY Growth+2.9%
Current Streak8 quarters growth

Business Segments

View all
SegmentQ2 '26
Reportable Segment$150.19M
Total$509.32M

Frequently Asked Questions

What is Analog Devices's r&d?
Analog Devices (ADI) reported r&d of $509.32M in Q1 2026.
How has Analog Devices's r&d changed year-over-year?
Analog Devices's r&d increased by 15.3% year-over-year, from $441.84M to $509.32M.
What is the long-term trend for Analog Devices's r&d?
Over 4 years (2021 to 2025), Analog Devices's r&d has grown at a 8.0% compound annual growth rate (CAGR), from $1.30B to $1.77B.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.