Analog Devices Posts Record Q3 Revenue of 4.02 Billion, Guides Q4 Above Estimates

Analog Devices reported record fiscal third-quarter 2026 revenue of $4.02 billion on August 19, with growth led by its Data Center and Industrial segments, beating the midpoint of its own prior outlook on revenue, margins, and earnings. The chipmaker returned $1.7 billion to shareholders through dividends and share repurchases during the quarter. For the fourth quarter of fiscal 2026, the company guided revenue of $4.3 billion, plus or minus $100 million, with adjusted EPS expected at $3.86, plus or minus $0.15, and adjusted operating margin of approximately 52.0%.

CEO Vincent Roche cited broad-based demand and the company's positioning in the AI era as key drivers. ADI shares rallied on the news, with analysts noting that the results helped ease broader concerns about AI-related semiconductor demand.