Analog Devices Inc (NASDAQ:ADI) posted fourth quarter results for fiscal year 2025 that exceeded Wall Street expectations, with shares rising about 3% in after-hours trading.
For the quarter ended January 31, 2026, the company reported revenue of $3.16 billion, up 30% from the prior year and slightly above analysts’ consensus of $3.11 billion.
Adjusted earnings per share came in at $2.46, beating the expected $2.31.
Analog Devices attributed the strong quarterly performance to growth across its Industrial and Communications end markets.
The company also reported robust cash generation, with trailing 12-month operating cash flow of $5.1 billion, representing 43% of revenue, and free cash flow of $4.6 billion, or 39% of revenue.
During the quarter, the company returned $1 billion to shareholders through dividends and share repurchases and raised its quarterly dividend by 11% to $1.10, marking 22 consecutive years of increases.
"ADI's robust first quarter built upon the strong position and momentum with which we entered the year," Analog Devices CEO Vincent Roche said in a statement.
"Our success continues to be the result of relentless innovation to solve our customers toughest problems and deliver enduring business impact. Our investments in R&D and the customer experience from design to delivery continue to position us to create outstanding value for shareholders and customers alike."
Looking ahead, the company provided guidance for the first quarter of fiscal 2026, forecasting revenue of $3.5 billion at the midpoint, above analysts’ estimate of $3.24 billion.
Adjusted EPS guidance was $2.88 at the midpoint, also exceeding expectations of $2.46.