ADI revenue surges 37% on AI datacenter and industrial demand; margin hits 67%

Filed May 20, 2026 · Period ending May 2, 2026 · Compared to 10-Q May 22, 2025 · ~1 min read

Key Changes

• high

  Revenue jumped 37% YoY to $3.6B with net income more than doubling to $1.2B (32.5% margin). Growth driven by test equipment, aerospace/defense, and AI datacenter infrastructure spending.

  MD&A: Revenue and Profitability verify on EDGAR →
• high

  Gross margin expanded 630 basis points to 67.3% from higher factory utilization and favorable product mix, sustaining elevated profitability levels.

  MD&A: Gross Margin verify on EDGAR →
• high

  Company repurchased $2.9B of stock over six months and raised debt by $1.5B to $8.8B, including new $850M 2028 notes, despite strong cash generation.

  MD&A: Capital Allocation verify on EDGAR →