Financing

Net change in commercial paper

Analog Devices Net change in commercial paper increased by 34.8% to $4.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 75.0%, from $2.35B to $4.11B.

Analysis

StatementCash Flow Statement
SectionFinancing
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ4 2022
Last reportedQ3 2025

How to read this metric

An increase indicates the company is utilizing short-term debt to fund operations or bridge liquidity gaps, while a decrease suggests the company is paying down short-term obligations or shifting to other financing sources. Frequent or large net increases may signal a reliance on volatile short-term credit markets.

Detailed definition

This metric represents the net change in short-term unsecured promissory notes issued by a company to meet immediate wor...

Peer comparison

Common among large-cap technology and industrial firms with high working capital requirements; peers often use this as a flexible, low-cost alternative to revolving credit lines.

Metric ID: commercial_paper_net

Historical Data

19 periods
 Q1 '21Q2 '21Q3 '21Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$253.64M$2.39B$2.64B$2.78B$2.60B$2.33B$2.47B$1.97B$2.35B$2.55B$2.60B$3.05B$4.11B
QoQ Change+843.4%+10.4%+5.3%-6.3%-10.7%+6.4%-20.4%+19.2%+8.7%+1.7%+17.4%+34.8%
YoY Change+926.6%-2.8%-6.3%-29.1%-9.9%+9.7%+4.9%+54.7%+75.0%
Range$0.00$4.11B
Avg YoY Growth+113.6%
Median YoY Growth+4.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is Analog Devices's net change in commercial paper?
Analog Devices (ADI) reported net change in commercial paper of $4.11B in Q1 2026.
How has Analog Devices's net change in commercial paper changed year-over-year?
Analog Devices's net change in commercial paper increased by 75.0% year-over-year, from $2.35B to $4.11B.
What does net change in commercial paper mean?
The net amount of short-term debt borrowed or repaid through commercial paper markets during the period.