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Analog Devices, Inc. FY 2025 10-K, explained in plain English

ADI · 10-K for the period ending November 1, 2025, filed November 25, 2025 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$11.0B
Gross margin61.5%
Operating income$2.9B
Net income$2.3B
Diluted EPS$4.56
Cash & equivalents$2.5B
Total assets$48.0B
Long-term debt$8.1B

Key takeaway

ADI delivered $11.0 billion in revenue with strong 61.5% gross margin and $2.3 billion net income (20.6% net margin), demonstrating operational execution in high-reliability semiconductor markets.

🔒 3 more takeaways in the full analysis

Beneath the surface

Net debt of $5.9 billion (total indebtedness of $8.6 billion less cash and equivalents of $2.5 billion) is materially lower than the headline $8.1 billion long-term debt figure; company also holds $1.2 billion in available-for-sale securities, strengthening true liquidity position.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 6 more findings — plus insider trades, activist stakes, and 8-K events for ADI.

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