Analog Devices Inc. Reports Strong Fiscal First‑Quarter Results and Raises Dividend
Analogue Devices, Inc. (NASDAQ: ADI) released its fiscal first‑quarter 2026 earnings on February 18, 2026. The company posted revenue of $3.16 billion, representing year‑over‑year growth across all end markets. The increase was led by the Industrial and Communications segments, which benefited from continued demand for sensor and communication infrastructure products.
Earnings Per Share and Revenue
The company’s earnings per share (EPS) topped expectations by 15 cents, reaching $0.54 versus the consensus of $0.39. Revenue also exceeded analyst forecasts, with total sales of $3.16 billion compared with the consensus of $3.05 billion. The operating cash flow for the quarter was strong, supporting the company’s dividend policy.
Dividend Increase
On February 17, the Board of Directors approved an 11 % increase in the quarterly dividend, raising the payment to $0.015 per share. The move brings the annual dividend to $0.06 per share and underscores the company’s commitment to returning capital to shareholders while maintaining a robust balance sheet.
Guidance for Q2
Analogue Devices provided guidance for the second quarter, projecting a continuation of the growth trajectory driven by artificial‑intelligence (AI) and machine‑learning workloads. The company highlighted that the AI boom is a significant factor in its chip sales, with expectations for higher demand in automotive, industrial, and communications applications.
Market Reaction
In pre‑market trading on February 18, ADI shares rose 8 %, reflecting investor optimism about the company’s performance and outlook. The upward movement contributed to a broader positive sentiment in the semiconductor sector, with analysts noting that Analog Devices’ industrial strength and AI exposure position it well for continued growth.
Company Profile
- Sector: Information Technology
- Industry: Semiconductors & Semiconductor Equipment
- Market Cap: $165.1 billion
- P/E Ratio: 68.08
- Recent Closing Price (2026‑02‑16): $337.51
- 52‑Week High: $343.96 (2026‑02‑11)
- 52‑Week Low: $158.65 (2025‑04‑06)
Analog Devices, founded in 1965 and headquartered in Wilmington, Massachusetts, specializes in the design, manufacture, and marketing of integrated circuits used for analog and digital signal processing. Its products serve a wide range of industries, including communications, computer, industrial, instrumentation, military, aerospace, automotive, and high‑performance consumer electronics.
