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Analog Devices ADI Q3 2024 earnings

Reported August 21, 2024 · Before market open

Revenue estimate$2.3B
EPS estimate$1.51

Next report

Aug 19, 2026 (in a month)
Revenue estimate$3.9B
EPS estimate$3.33

Financials

Q3 2024

Income statement

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Revenue$2.3B-24.8%
Gross profit$1.3B-33.2%
Operating income$491.3M-47.1%
Net income$392.2M-55.3%
EPS (diluted)$0.79-54.6%

Balance sheet

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Cash & equivalents$1.0B+47.4%
Total debt$7.6B+7.0%
Total equity$35.2B-2.0%
Total assets$48.6B-1.5%

Cash flow

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Operating cash flow$855.0M-25.2%
CapEx$153.9M-52.6%
Free cash flow$701.1M-14.3%

Valuation & ratios

Valuation

as of 08/03/24
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Market cap$116.6B+28.7%
Enterprise value$123.13B+27.0%
P/E70.4×+46.3×
P/S12×+5.0×

Profitability

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Gross margin57.9%-7.4pp
Operating margin21.6%-11.8pp
Net margin17.1%-12.2pp
FCF margin30.4%+1.6pp

Returns & leverage

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Return on equity4.7%-5.7pp
Debt / equity0.2×0.0×
Current ratio1.7×0.0×

Segments

By segment

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Reportable Segment$2.4B

By geography

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Subtotal all foreign regions$1.6B-19.1%

Versus estimates

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Questions, answered.

When did Analog Devices report Q3 2024 earnings?
Analog Devices (ADI) reported Q3 2024 earnings on August 21, 2024 before market open.
What were Analog Devices's Q3 2024 revenue and EPS?
Analog Devices reported revenue of $2.3B and diluted EPS of $1.58 for Q3 2024.
Did Analog Devices beat estimates in Q3 2024?
Revenue beat the consensus estimate of $2.3B by $37.2M. EPS beat the consensus estimate of $1.51 by $0.07.
Where can I find Analog Devices's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000006281-24-000159) directly on SEC EDGAR. The filing index links above go to sec.gov.