A snapshot of Analog Devices' business and finances — revenue, profit, growth, and valuation — explained in plain terms from public filings.
The Chip Behind the Signal
Every time a factory sensor, a car's radar, or a cell tower translates the physical world into digital data, there's a good chance an Analog Devices chip is doing the work. The company is one of the leading makers of analog, mixed-signal, and digital-signal processing chips, and it holds a significant market share lead in converter chips — the components that turn analog signals into digital ones and back again.
Who Actually Buys These Chips
Analog Devices serves tens of thousands of customers, but its business leans heavily on two sectors: more than half of its chip sales go to industrial and automotive end markets. Its chips also show up inside wireless infrastructure equipment, the hardware that keeps cell networks running.
From Wilmington to a Public Company
Founded in 1965, Analog Devices is headquartered in Wilmington, Massachusetts. The company went public in June 1972, and it now trades on the Nasdaq under the ticker ADI. Today it employs approximately 24,500 people worldwide.
Revenue at Scale
In its most recent fiscal year, FY2025, Analog Devices reported revenue of $11.0 billion. That figure gives a sense of the company's size relative to its niche: converter chips and signal-processing components are a specialized corner of the broader semiconductor industry, yet Analog Devices generates revenue on the scale of a major industrial firm.
Four Years of Growth
That $11.0 billion in revenue represents growth of 51% from FY2021 to FY2025, a meaningful expansion over that stretch. Growth of that pace over four years suggests the company's core markets — industrial automation, automotive electronics, and wireless infrastructure — have expanded demand for its products.
Turning Sales Into Profit
Analog Devices is profitable, posting net income of $2.3 billion in FY2025. Its gross margin stands at 61.5%, meaning it keeps a large share of each sales dollar after covering the direct cost of making its chips. After all other expenses, its net margin comes to 20.6% — roughly one dollar of every five in revenue ultimately becomes profit.
What the Balance Sheet Shows
The company's total assets stand at $48.0 billion, a figure that reflects everything from cash and manufacturing equipment to intangible assets built up over decades in the chip business.
How the Market Values the Company
Analog Devices currently carries a market capitalization of $195.5 billion, with shares recently trading at $377.16 (a 15-minute delayed price). That valuation puts the stock at a price-to-earnings ratio of 82.7, and shares are currently trading 15% below their 52-week high.
A Modest Dividend
The company also pays a dividend, yielding about 1.17% annually — a modest return delivered directly to shareholders alongside whatever the stock itself does.
The Bottom Line
Put together, the numbers describe a profitable, well-established semiconductor company with real revenue growth, healthy margins, and a valuation that reflects investor expectations for its future. This article is factual reporting drawn from public filings and market data, not investment advice.
