Analog Devices Q2 Earnings Top Forecasts

Analog Devices, Inc. (NASDAQ:ADI) reported Q2 FY2025 earnings on May 22, 2025, with revenue of $2.64 billion—up 22% year-over-year and 9% sequentially—and non-GAAP EPS of $1.85, surpassing the high end of guidance. The company demonstrated significant sequential growth across industrial, automotive, and communications end markets, while announcing guidance for Q3 FY2025 revenue of $2.75 billion (+/- $100 million) and maintaining an expectation of advancing toward long-term margin and free cash flow targets. The discussion below covers decisive supply chain adaptations, cyclical industrial recovery dynamics, and long-term operating leverage incentives, all with quantitative and strategic detail.Capital expenditures in recent years have increased internal and external manufacturing capacity, with footprint now exceeding twice pre-pandemic levels, supporting the majority of products made on mature (≥180nm) process nodes. Cross-qualification of broad product lines and partnership expansion with foundries, including adoption of 300mm fine-pitch technology, has enabled production shifts across the U.S. Europe, and global locations. This approach addresses customer risk related to dynamic macroeconomic and geopolitical volatility.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool